PUBLISHER: Grand View Research | PRODUCT CODE: 1678472
PUBLISHER: Grand View Research | PRODUCT CODE: 1678472
The global bioinformatics services market size is expected to reach USD 7.11 billion by 2030, registering a CAGR of 14.46% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing adoption of I.T. solutions for different studies such as cell signaling, pathway metabolism, gene-receptor interactions, and target differentiation are expected to support growth in this market over the forecast period.
Owing to the benefits associated with the use of informatic solutions for laboratory protocol generation and data management as well as analysis, these solutions are projected to witness substantial demand in the coming years.
Moreover, collaborative activities undertaken by the information technology companies with pharmaceutical companies and clinical research organizations in order to develop and update key technologies linked to cloud computing, like online data storage and visualization of computer resources are expected to enhance market potential through to 2024.