Bioinformatics Market Revenues to Grow at $12,542.4 Mn by 2020
North America is the largest market for the global bioinformatics due to rising number of R&D centers and advanced IT infrastructure. Some of the fastest growing markets for bioinformatics in North America are the U.S. Medical biotechnology is the largest sector-based market and is expected to grow at a CAGR of about 21.6% from 2014 to 2020. Genomics is the largest application based market and is expected to grow at a CAGR of 22.5% from 2014 to 2020.
View full press release