Navigation Links
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.

Browse

  • 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

Early buyers will receive 10% customization on this report.

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 Bioinformatics Market comprise of Platforms, Knowledge Management Tools, and Services. The Bioinformatics Platforms Market is the fastest-growing segment, as they play a crucial role in quick and easy analysis and manipulation of large amounts of data obtained from NGS projects.

Applications of Bioinformatics in Life Sciences Research include Genomics, Proteomics, Chemoinformatics, Molecular Phylogenetics, Metabolomics, Transcriptomics, and others (Glycomics, Cytomics, Physiomics and Interactomics). Genomics commands the largest share of the bioinformatics application market.

The decreasing cost of DNA sequencing, increasing funding from government and private organizations, and technical advancements in bioinformatics tools and platforms are propelling the market. Dearth of a common data format for integration of data, lack of well-defined standards, and shortage of skilled bioinformatics professionals are major hurdles to growth of the market. It is expected that the market will offer growth opportunities for bioinformatics solutions manufacturers with the introduction and adoption of upcoming technologies such as nanopore sequencing and cloud computing.

North America accounted for the largest market share of the bioinformatics market, followed by Europe, in 2012. However, other regions such as Asian and Latin American countries represent emerging markets, owing to a rise in research outsourcing by pharmaceutical giants, increasing number of Contract Research Organizations (CROs), rise in public and private sector investment, and growing industry-academia partnerships.

 Buy a copy of this Report @http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=39

 Browse related reports to Healthcare Information Technology Market @http://www.marketsandmarkets.com/healthcare-information-technology-171.html

About MarketsandMarkets

MarketsandMarkets 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. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, healthcare information technology, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


'/>"/>
SOURCE MarketsandMarkets
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. BioInformatics LLC New Market Report – The Market for Primary Cells & Stem Cell-Derived Cells: Current and Future Opportunities (13-004)
2. Bioinformatics: Technologies and Global Markets
3. Japan Bioinformatics Announces Release of a Case Study on Detecting SNPs and Short INDELs
4. Life Technologies Launches New Bioinformatics Software Platform Enabling Bio-Design and Gene Synthesis from Next Generation Sequencing Data
5. BioInformatics LLC Announces New Market Report – Enhancing the Customer Experience: Insights and Life Science Supplier Rankings (13-002)
6. Scientists Warn of Long Term Consequences of Budget Sequestration: BioInformatics LLC Report
7. BioInformatics LLC Multi-Sponsor Market Report – In-depth Exploration of the U.S. Market for Biosimilar Drugs
8. Japan Bioinformatics Announces the Release of their Simbiot® Time Course Analysis ‘How-To’ Guide
9. BioInformatics LLC New Market Report – Best Practices Guide for Advertising to Life Scientists
10. BioInformatics LLC Webcast – The Life Science Product Manger’s Toolkit
11. BioInformatics LLC New Market Report – Opportunities for New Players in the Growing Stem Cell Market
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... Parallel ... clinical trials, announced today the Clinical Reach Virtual Patient Encounter CONSULT module ... circle with the physician and clinical trial team. , Using the CONSULT module, patients ...
(Date:6/24/2016)... -- Regular discussions on a range of subjects including policies, debt ... said Poloz. Speaking at a lecture to the ... pointed to the country,s inflation target, which is set by ... "In certain areas there needs to ... goals, why not sit down and address strategy together?" ...
(Date:6/23/2016)... ... 23, 2016 , ... UAS LifeSciences, one of the leading ... UP4™ Probiotics, into Target stores nationwide. The company, which has been manufacturing high ... its list of well-respected retailers. This list includes such fine stores as Whole ...
(Date:6/23/2016)... , ... June 23, 2016 , ... ... YM (Yeast and Mold) microbial test has received AOAC Research Institute approval 061601. ... microbial tests introduced last year,” stated Bob Salter, Vice President of Regulatory and ...
Breaking Biology Technology:
(Date:5/12/2016)... WearablesResearch.com , a brand of Troubadour Research & ... Q1 wave of its quarterly wearables survey. A particular ... a program where they would receive discounts for sharing ... "We were surprised to see that so many ... CEO of Troubadour Research, "primarily because there are segments ...
(Date:4/28/2016)... 28, 2016 First quarter 2016:   ... compared with the first quarter of 2015 The gross ... M (loss: 18.8) and the operating margin was 40% (-13) ... Cash flow from operations was SEK 249.9 M (21.2) , ... is unchanged, SEK 7,000-8,500 M. The operating margin for ...
(Date:4/15/2016)... CHICAGO , April 15, 2016  A ... companies make more accurate underwriting decisions in a ... offering timely, competitively priced and high-value life insurance ... health screenings. With Force Diagnostics, rapid ... and lifestyle data readings (blood pressure, weight, pulse, ...
Breaking Biology News(10 mins):