Pharma R&D & Clinical Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Bioinformatics Services

Overview
Market size
$4.7B
global, USD
CAGR
10.7%
base to forecast
Buyer power
-1.5
supplier-favoured
Suppliers
10
tracked players
Signals
12
monitored

Market outlook

2031$7.8B

What changed

Demand by region

North America demand45%
Europe demand25%
Asia Pacific demand20%
Latin America demand5%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Cloud Computing and IT Infrastructure35%
Skilled Bioinformaticians and Data Scientists40%
Software Licensing and Pipeline Maintenance15%
Data Storage and Security Compliance10%
share of delivered cost (analyst estimate)

Supplier watchlist

10 tracked