A new MarketsandMarkets report says the global bioinformatics market is on track for strong expansion over the next five years. The study projects the sector will climb from $18.63 billion in 2026 to $34.41 billion by 2031.
That outlook represents a compound annual growth rate of 13.1% during the forecast period, according to the report highlighted by PRNewswire. The figures point to sustained momentum for companies and organizations operating across the bioinformatics space.
Bioinformatics sits at the intersection of biology, data, and computing, and market forecasts in this area are closely watched across research and commercial healthcare fields. The latest projection suggests continued business growth as the industry moves further into the next decade.
The estimate comes from an exclusive MarketsandMarkets analysis released on July 17, 2026. While the announcement provides a top-line outlook rather than full report details, it underscores the scale investors and industry participants expect the bioinformatics market to reach by 2031.