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Bioinformatics Market Worth $7.5 Billion by 2017
Date:6/18/2013

DALLAS, June 18, 2013 /PRNewswire/ --

The "Bioinformatics Market By Sector (Molecular Medicine, Agriculture, Research & Forensic), Segment (Sequencing Platforms, Knowledge Management Tools & Data Analysis Services) & Application (Genomics, Proteomics & Drug Design) - Global Forecasts to 2017", analyzes and studies the Major Market Drivers, Restraints, and Opportunities in North America, Europe, Asia-Pacific and Rest of World.

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  • 120 Market Data Tables
  • 22 Figures
  • 364 Pages and an in-depth Table of Content on "Bioinformatics Market"

http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

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This report studies the global Bioinformatics Market over the forecast period 2012-2017.

The Global Bioinformatics Market was valued at $2.9 billion in 2012 and is poised to reach $7.5 billion by 2017 at a CAGR of 20.9%. Bioinformatics Technologies are used in various pharmaceutical and biotechnology sectors to support their growth.

Major sectors that use bioinformatics tools and services are:

  • Medicine
  • Agriculture
  • Environment
  • Animal
  • Forensic
  • Academics
  • Others (Home Land Security & Defense, Law-Enforcement Groups, Bio-Weapon Creation, and Evolutionary Biotechnology).

The Medical Sector accounted for the lion's share of the Bioinformatics Market, owing to the increasing use of bioinformatics in the drug discovery and development process.

Product and services in the

SOURCE MarketsandMarkets
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