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Bioinformatics Market Size is Projected to Hit 24.07 Bn by 2028, With at a 12.1% CAGR by 2022-2028 | Brandessence Market Research




According to a comprehensive research report by Brandessence Market Research (BMRC), “Bioinformatics Market Size, Share, And Trends Analysis Report By Product (Sequence Analysis Platform, Sequence Alignment Platforms, Structural & Functional Analysis Platforms, Sequence Manipulation Platforms), By Application (Drug Development, Protein Function Analysis, Gene Therapy, Molecular Genomics, Personalized Medicine) Based On Region, And Segment Forecasts, 2022 – 2028″. The Bioinformatics Market was valued at USD 10.82 Billion in 2021 and is expected to reach USD 24.07 Billion by 2028, amplifying with a CAGR of 12.1% over 2022-2028.

Bioinformatics Market Overview:

Bioinformatics, a multidisciplinary field that combines biology, computer science, and information technology, has emerged as a pivotal player in the life sciences industry. It encompasses the storage, analysis, and interpretation of biological data, enabling scientists to extract valuable insights and accelerate advancements in genomics, proteomics, and other branches of life sciences. In this article, we delve into the current state of the bioinformatics market, exploring its size, market share, trends, drivers, opportunities, threats, and recent industry developments.

Bioinformatics Market Scope-

Report Metric


Bioinformatics Market Revenue Forecast in 2028

USD 24.07 Billion

Market Size in 2021

USD 10.82 Billion

Market Growth Rate

CAGR of 12.1% from 2022 to 2028

Base Year


Study Period


Key Players/Companies

Life Technologies, Affymetrix, Bio-Rad Laboratories, Agilent Technologies, Thermo Fisher Scientific, Eurofins Scientific, Illumina and Others.

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Bioinformatics Segmentation:

By Product:

  • Sequence Analysis Platform
  • Sequence Alignment Platforms
  • Structural & Functional Analysis Platforms
  • Sequence Manipulation Platforms

By Application:

  • Drug Development
  • Protein Function Analysis
  • Gene Therapy
  • Molecular Genomics
  • Personalized Medicine

Trends and Drivers:

1. Advancements in Next-Generation Sequencing (NGS):

The adoption of NGS technologies has witnessed an upswing, driving the demand for bioinformatics solutions to handle the deluge of data generated. This trend is anticipated to persist as NGS becomes more accessible and cost-effective.

2. Rising Focus on Personalized Medicine:

The shift towards personalized medicine, tailoring treatments based on an individual’s genetic makeup, is bolstering the demand for bioinformatics tools. This approach holds immense potential in optimizing patient outcomes and minimizing adverse effects.

3. Integration of Artificial Intelligence (AI) and Machine Learning (ML):

AI and ML are revolutionizing data analysis, allowing for more accurate predictions and discoveries. Bioinformatics platforms leveraging these technologies are gaining traction for their ability to discern complex patterns within biological datasets.

Eminent industry players profiled in the Bioinformatics Market report include:

  • Life Technologies
  • Affymetrix
  • Bio-Rad Laboratories
  • Agilent Technologies
  • Thermo Fisher Scientific
  • Eurofins Scientific
  • Illumina
  • Others.

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Bioinformatics Market Dynamics:

Bioinformatics is a fusion of biological sciences and information technology, playing a crucial role in the management of biological data within medical research and drug development. It leverages computer software tools for tasks like database creation, data management, warehousing, mining, and networking. The escalating investments in drug discovery are acting as a catalyst for market expansion. Furthermore, the inclination towards collaborative efforts with genetics research institutions stands as a pivotal factor driving the significant market share in medical biotechnology. This field encompasses a wide array of specialized domains including structural genomics, functional genomics, DNA microarrays, comparative genomics, and medical information management. The escalating demand for integrated bioinformatics systems in proteomics and genomics is also bolstering market growth. Genomics, as an application, dominates the bioinformatics industry. Recent trends in the industry include an upsurge in mergers, acquisitions, and a surge in new product innovations. Noteworthy growth opportunities lie in technologies like nanopore sequencing. However, challenges persist in the form of a shortage of skilled professionals and the high implementation costs associated with bioinformatics software.

Opportunities and Threats in the Industry:


  1. Emerging Markets: Untapped regions like Asia-Pacific offer significant growth opportunities due to expanding research activities and government initiatives.
  2. Drug Repurposing: Bioinformatics plays a pivotal role in identifying existing drugs that can be repurposed for new therapeutic purposes, presenting a cost-effective approach to drug discovery.


  1. Data Privacy and Security Concerns: With the surge in biological data, ensuring the confidentiality and integrity of sensitive information remains a critical challenge.
  2. Regulatory Hurdles: Adhering to evolving regulatory frameworks and compliance standards can be a hurdle for companies operating in this space.

Market Industry Developments:

Recent developments in the bioinformatics market include partnerships between academic institutions and industry players, mergers and acquisitions, and the launch of innovative software solutions aimed at streamlining data analysis workflows.

Report Scope:

This article provides a comprehensive overview of the bioinformatics industry, including its current size, market share, key players, trends, drivers, opportunities, threats, and recent industry developments. It aims to offer valuable insights to stakeholders, researchers, and industry enthusiasts keen on understanding the dynamics of this rapidly evolving field.

Porter’s Five Forces Analysis:

1. Threat of New Entrants:

Low Threat: The bioinformatics market requires a substantial investment in technology, research, and development. Additionally, there are high regulatory barriers due to the sensitive nature of biological data. Existing companies have established brand recognition and a strong foothold in the industry, making it difficult for new entrants to gain market share.

2. Bargaining Power of Suppliers:

Moderate Threat: Suppliers in the bioinformatics market mainly provide hardware, software, and data management solutions. While there are several suppliers in the market, some specialized components may have limited sources. However, the presence of multiple suppliers reduces their individual bargaining power.

3. Bargaining Power of Buyers:

Moderate to High Threat: Buyers in the bioinformatics market, which include research institutions, pharmaceutical companies, and academic organizations, have a reasonable degree of bargaining power. They can switch between bioinformatics providers based on factors like pricing, service quality, and technological capabilities.

4. Threat of Substitutes:

Low Threat: There are limited substitutes for bioinformatics in terms of effectively managing and analyzing biological data. Traditional methods of data analysis are less efficient and cannot handle the large volumes of data generated in fields like genomics and proteomics.

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  1. Competitive Rivalry within the Industry:

High Threat: The bioinformatics market is highly competitive, with numerous well-established players vying for market share. Key companies like Illumina, Thermo Fisher Scientific, and Qiagen have a significant presence and engage in constant innovation to maintain their competitive edge. Additionally, the market is characterized by a continuous influx of startups and technological advancements.


The bioinformatics market is poised for remarkable growth, driven by technological advancements, increasing research endeavors, and a burgeoning focus on personalized medicine. However, it is not without its challenges, including data security concerns and regulatory complexities. As the industry continues to evolve, stakeholders must remain agile, leveraging innovation and collaboration to unlock the full potential of bioinformatics in shaping the future of life sciences.

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Artificial Intelligence

Savory & Partners: Digital Nomad Visas Sparking a Migration Boom




DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.

A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
Unsurprising demand
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research




The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.

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Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Report Coverage
Forecast Period
Base Year
Market Size in 2022
$838.5 million
Market Size in 2032
$2.4 billion
10.9 %
No. of Pages in Report
Segments covered
Range, End User, Distribution Channel, and Region
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Less adoption in developing markets
Regular maintenance and repair costs
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The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
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Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Read More Trending “AMR Exclusive Insights:
Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2023-2032Canada Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Mexico Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Europe Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032France Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032Germany Lawn and Garden Water Equipment Market Opportunity Analysis and Industry Forecast, 2022-2032About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:

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HH Global discloses environmental impact through CDP




LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform. 

With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency. 
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.  
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”  
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: 
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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