Bioinformatics Market is Growing at a High CAGR of 24.8% 7 & to Reach $8.3 Billion by 2014 - New Report by MarketsandMarkets

Share Article

Bioinformatics uses information technology, statistics, and algorithms to integrate biological data.

MarketsandMarkets

MarketsandMarkets

Bioinformatics platforms market is growing at a significant pace with the increasing demand from U.S. & Europe.

According to the new market research report “Bioinformatics Market – Advanced Technologies, Global Forecast and Winning Imperatives”, published by MarketsandMarkets, the global bioinformatics market is expected to reach a $8.3 billion by 2014 at a high CAGR of 24.8%. While knowledge management formed the largest sub market is 2009 at $1.3 billion, the bioinformatics platforms market is expected to have greatest market share in 2014 at an estimated $3.9 billion due to rising demand from U.S. and Europe.

Browse in-depth Table of Content on Bioinformatics Market.
Early buyers will receive 10% customization of reports
http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

The bioinformatics platforms market is growing at a significant pace with the increasing demand from U.S. and Europe. This trend is supported by the increasing demand for sequencing platforms with increasing life science research using techniques such as gene expression analysis, sequence analysis, and protein expression analysis.

Bioinformatics uses information technology, statistics, and algorithms to integrate biological data. Pharmaceutical companies are now adopting automated technologies to manufacture effective therapies and drugs due to increasing concerns about drug safety and the stringent regulations that govern clinical trials for drug discovery. Pharmaceutical companies have increased their focus on process improvement and quality in the current competitive scenario, as there is little scope for price escalation and product differentiation.

SCOPE AND FORMAT
The report analyzes the global bioinformatics market into respective segments:

  • Bioinformatics platforms
  • Content/knowledge management tools
  • Bioinformatics services
  • Bioinformatics applications.

About MarketsandMarkets
MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services.

M&M covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
MarketsandMarkets Blog

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Rohan
Follow us on
Visit website