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The global bioinformatics market is projected to reach USD 29.1 billion by 2031, with a CAGR of 12.8% during the forecast period. This growth is driven by factors such as the increasing adoption of genomics and personalized medicine, advancements in cloud computing and AI, and the demand for efficient data management and analysis. Key players in the market include Thermo Fischer Scientific, Qiagen NV, Agilent Technologies, and PerkinElmer. The market report provides insights on market trends, growth opportunities, and business strategies adopted by major players.