The market for bioinformatics platforms 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.
The global bioinformatics market is expected to reach $8.3 billion by 2014 at a high CAGR of 24.8% from 2009-2014. While knowledge management formed the largest submarket 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 the U.S. and Europe.
This research report categorizes the global bioinformatics market into the following segments:
• Bioinformatics platforms
o Sequence alignment platforms
o Sequence manipulation platforms,
o Sequence analysis platforms
o Structural analysis platforms
• Content/Knowledge management tools
o Specialized knowledge management tools
o Generalized knowledge management tools
o Data Analysis
o Sequencing Services
o Database & Management services
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