Bioinformatics Market Research, 2027
The global bioinformatics market was valued at USD 10.1
billion in 2022 and is projected to reach USD 18.7 billion by 2027, at a CAGR
of 13.0% during the forecast period. The growth of the bioinformatics market is
driven by the increasing public and private-sector funding for bioinformatics,
growing demand for personalized medicine, increasing pharmaceutical and
biotechnology R&D expenditure, and decreasing cost of genome sequencing.
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