The global bioinformatics market was valued at USD 10.1 billion in 2022 and is projected to experience substantial growth, with an estimated compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. The primary factors driving this market's expansion include increasing demand for bioinformatics tools in novel drug research and development (R&D), as well as rising investments...

The global bioinformatics market was valued at USD 10.1 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 13.7% from 2023 to 2030. Several key factors are driving this growth, including the increasing demand for bioinformatics tools and software in novel drug research and development (R&D), as well as both private and public funding initiatives...