SOURCE: MarketResearch.com

MarketResearch.com

March 14, 2011 08:08 ET

Bioinformatics Market to Grow 26% Annually Through 2013

ROCKVILLE, MD--(Marketwire - March 14, 2011) - MarketResearch.com has announced the addition of RNCOS's new report "Global Bioinformatics Market Outlook" to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6168864

Major countries of the world have always tried to build strategies that ensure better development of a strong biotechnology sector and in this aim, bio-informatics has been playing a vital role. Governments, leading associations, and market players are actively participating in creating an environment that facilitates bio-informatics research and boosts intellectual and entrepreneur expertise. Despite the recession, implementation & development of computational tools and frameworks for the management, analysis and interpretation of biological information remained the focal point of leading industrial players.

As per RNCOS's new research report "Global Bioinformatics Market Outlook," the market for bioinformatics will surge at a CAGR of nearly 26% during 2011-2013 to reach a value of around US$ 6.2 Billion by 2013. A host of developments are taking place in genomics and molecular research that are likely to boost the bioinformatics industry. Moreover, significant advances in the field of proteomics and related technologies are being observed and may influence the way research and diagnostic analysis are performed. With the increasing R&D investments by various companies and the government support, we anticipate that the bioinformatics market will post higher growth rate in most countries.

Bioinformatics play a vital role in supporting and strengthening several application areas, which include genomics, proteomics, pharmacogenomics, and cheminformatics. The report covers these areas also and defines their market size along with their future projections. Other research areas of bioinformatics like oncology are also highlighted in the report.

"Global Bioinformatics Market Outlook" is an outcome of an in-depth research and rational analysis of the global bioinformatics market and key active market players. It investigates the current market trends in key countries and provides a knowhow on key market drivers, which will provide clients with information that will facilitate them in taking prudent investment decisions. The report also includes statistical analysis of different segments along with technological trends to present a comprehensive overview of the market.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6168864

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