Pharma Companies Bid on Emerging Technologies: Bioinformatics

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


Noida, UP -- (SBWIRE) -- 11/21/2014 -- Pharmacy giants are realizing the true potential of data intensive experiments and, as a result, bioinformatics is now a rapidly expanding sector. Its development has been fuelled by technological advances such as increased computing power, innovative algorithms and novel data management techniques, alongside some brilliant researchers.

In their latest research study, “Global Bioinformatics Market Outlook 2019”, RNCOS’ spread over 145 pages, analysts identified the global bioinformatics market reached the mark of around US$ 3.7 Billion in 2013 with the anticipation of its growth at a CAGR of around 19% during 2015-2019. The report is an outcome of in-depth research and comprehensive analysis of the bioinformatics market, trends and future opportunities covering a wide spread examination of bioinformatics space.

Research finding in the report encloses an optimal outlook of market related data, giving a brief account of the market drivers along with market from all segments, applications and region. Report minutely analyzed the market by application and segment. Further, regional analysis of the report gives demographic view of the market with future market directions.

Additionally, through country level analysis, the report portrays the bioinformatics market in major countries like US, UK, South Korea, India etc., to understand their individual market growth and future directions. Further, a competitive picture has been presented in section covering deep analysis of all the financial and business parameters of key companies of the sector. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.