Bioinformatics Industry Foster Growth Prospects

Global Bioinformatics Market is anticipated to grow at a CAGR of around 19% during the forecast period of 2015-2019 says RNCOS in its latest research report.


Noida, UP -- (SBWIRE) -- 10/21/2014 -- Bioinformatics market is rising exponentially and has evolved into an important segment of the biotechnology industry in recent years. Declining costs of human genome sequencing, huge R&D investments by public and private players, rising application of Bioinformatics in various new fields of biotech and pharmaceutical research & development has created a huge commercial market for bioinformatics worldwide. The factors collaboratively result into a rising market predicted to grow at a CAGR of around 19% during 2015-2019.

Research Analysis & Highlights

The report, “Global Bioinformatics Market Outlook 2019”, spread over 140 pages, covers comprehensive research and thorough analysis of the bioinformatics market across the globe. The report is an outcome of detailed study of global bioinformatics market portraying a comprehensive picture of the sector along with latest trends and drivers in bioinformatics industry directing the market.

Report also encloses a fundamental bifurcation of market in terms for application, segment and region. Report further talks about bioinformatics market framework in various segments and exhibits market layout on the basis of application. Region wise market section reveal a territorial picture of advancement and growth in bioinformatics market in 2014.

Further, the study provides a brief account of bioinformatics accomplishments, market size and future outlook in the countries with highly explored bioinformatics industry. The report also includes the competitive landscape section that focuses on key players of the industry and their business overview, financial statistics and strategic initiatives to excel in the market. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.

Some of the report’s key highlights include:

- Bioinformatics approaches to Big Data applications for data management
- Growing foreign alliances leading Bioinformatics market growth
- Technology transformation propelling bioinformatics market
- Pharma companies bid on emerging technologies: Bioinformatics

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