Short Description
Global AI in Bioinformatics Market, By Offering (Software, Services, and Others), Type (Machine Learning, Deep Learning, and Others), Products and Services (Knowledge Management Tools, Bioinformatics Platforms, and Bioinformatic Services), Application (Genomics, Microarrays, System Biology, Text Mining, Chemoinformatics & Drug Design, Proteomics, Transcriptomics, DNA Sequencing, Metabolomics, and Others), Sector (Medical Biotechnology, Animal Biotechnology, Plant Biotechnology, Environmental Biotechnology, Forensic Biotechnology, and Other Sectors), Industry Trends and Forecast to 2029
Market Definition
Bioinformatics is a sub-discipline that has to do with the analysis of sequences of biological molecules. It usually refers to genes, DNA, RNA, or protein, and is particularly useful in comparing genes and other sequences in proteins and other sequences within an organism or between organisms, looking at the evolutionary relationships between organisms, and using the patterns that exist across DNA and protein sequences to figure out what their function is.
Bioinformatics combines computer programming, big data, and molecular biology, which enables scientists to understand and identify patterns in biological data. It is particularly useful in studying genomes and DNA sequencing, as it allows scientists to organize large amounts of data.
From genetics to toxicology to mycology and radiobiology, there are scores of branches of biology to specialize in. And out of the many, bioinformatics is one of the intriguing fields which enables you to identify, evaluate, store, and retrieve biological information. Being an interdisciplinary field of study, it incorporates various applications of computer science, statistics, and biology to develop software applications for understanding biological data like DNA sequencing, protein analysis, evolutionary genetics, and others.
In the coming future, important decisions related to bioinformatics on drug discovery will be made by individuals who not only understand biology but can also use the bioinformatics tools and the knowledge they release to develop hypotheses and identify the quality target.
Market Segmentation
The AI in bioinformatics market is categorized into five notable segments such as offering, type, products and services, application, and other sectors.
On the basis of offering, the global AI in bioinformatics market is segmented into software, services, and others
On the basis of type, the global AI in bioinformatics market is segmented into machine learning, deep learning, and others
On the basis of products and services, the global AI in bioinformatics market is segmented into knowledge management tools, bioinformatics platforms, and bioinformatics services
On the basis of application, the global AI in bioinformatics market is segmented into genomics, microarrays, system biology, text mining, chemoinformatics & drug design, proteomics, transcriptomics, DNA sequencing, metabolomics, and others
On the basis of sector, the global AI in bioinformatics market is segmented into medical biotechnology, animal biotechnology, plant biotechnology, environmental biotechnology, forensic biotechnology, and other sectors
Market Players
Some of the major players operating in the global AI in bioinformatics market are:
JADBio & Gnosis Data Analysis
Fios Genomics
SOPHiA GENETICS
Biomax Informatics Inc.
DNASTAR
Ardigen (Parent Company Selvita Group)
Source BioScience
QIAGEN
NeoGenomics Laboratories
CelbridgeScience
Eurofins Scientific
Illumina, Inc.
Thermo Fisher Scientific, Inc.
Insilico Medicine
Strand Life Sciences
Dassault Systmes
iNDX.Ai
Paige AI, Inc.
SomaLogic Operating Co., Inc.
Elucidata
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