Bioinformatics Market - Global Industry Analysis and Forecast to 2020 by Persistence Market Research

Persistence Market Research Released New Market Report on “Bioinformatics Market - Global Industry Analysis and Forecast to 2020” in the category "Biotechnology"

Logo

New York, NY -- (SBWire) -- 09/19/2014 --Bioinformatics is the computational analysis used in storage and development of data. It is used for processing, analyzing, managing and organizing biological information. Bioinformatics analyzes variety of data using information technology, mathematics and biology to identify the biological importance. Bioinformatics is used for interpretation and analysis of various types of biological data such as amino acid sequences, protein structure and nucleotide.

Bioinformatics helps in implementation and development of tools for management of different types of information such as integrated mapping information and databases. Bioinformatics technologies have its applications in various sectors such as chemicals, clinical genomics, biotechnology, food safety, manufacturing, chemicals and pharmaceutical research and development. Bioinformatics reinforce and support different application areas such as gene regulation analysis, protein expression analysis, gene sequence analysis, gene expression analysis, systems biology, cancer mutation analysis comparative genomics, and drug development and discovery process.

Browse the full “Bioinformatics Market” report at:
http://www.persistencemarketresearch.com/market-research/bioinformatics-market.asp

Bioinformatics is beneficial in variety of fields such as personalized medicine, gene therapy, molecular medicine, preventive medicine, drug discovery and development.

North America dominates the global market for bioinformatics due to presence of large number of players. In addition, rise in demand for proteomics and genomics in research is also driving the growth of the North American bioinformatics market. Asia is expected to witness high growth in bioinformatics market. Some of the major factors driving the growth of emerging bioinformatics markets in Asia are rising number of contract research organizations and increasing research outsourcing by pharmaceutical companies.

In recent times there is increased use of bioinformatics due to increasing R&D investments. Increasing initiatives by research institutes, increasing growth of proteomic and genomic in biotechnology and pharmaceutical research and development. Bioinformatics is also used to assist biomarkers in development processes and discovery of drugs. Rising need for integration and standardization of data, increased government initiatives and funding across various countries for bioinformatics are some of the key factors driving the growth for global bioinformatics market. In addition, decrease in cost of DNA sequencing is also fueling the growth for global bioinformatics market. However, lack of skilled labor for appropriate use of bioinformatics tools, lack of common data formats, integration of variety of data created through different bioinformatics platforms and complexity of data are some of the factors restraining the growth for global bioinformatics market.

Request For Complete Table of Content:
http://www.persistencemarketresearch.com/toc/2778

Introduction of new technologies such as cloud computing and nanopore sequencing for bioinformatics application and need for integrated systems and solutions for collection of data from various experiments conducted are some of the opportunities for global bioinformatics market. However, increasing consolidation within the industry, management of high volume data and lack of skilled labor for making appropriate use of bioinformatics are some of the challenges for global bioinformatics market. Some of the major companies operating in the global bioinformatics market are Agilent Technologies Inc, Illumina, Inc, Affymetrix, Inc., Life Technology Corporation, Accelrys, Inc, Partek, Incorporated, CLC Bio, Knome, Inc., Ocimum Biosolutions, Ltd., Accelrys, Inc. and Biomax Informatics Ag.

Key points covered in the report:

1. Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2. The report covers geographic segmentation

North America
Europe
Asia
RoW

3. The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4. The report provides company profiles of some of the leading companies operating in the market

5. The report also provides porters five forces analysis of the market.

Browse the full “All Upcoming Persistence Market's ” report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp

About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact Us:

Addie Thomes
305 Broadway
7th Floor
New York City, NY 10007
United States
Phone: 646-568-7751
USA/Canada Toll Free Number
800-961-0353
E-mail: Sales@persistencemarketresearch.com
Web : http://www.persistencemarketresearch.com

Media Relations Contact

Glen Hare
Marketing Head
Persistence Market Research
646-568-7751
http://www.persistencemarketresearch.com/market-research/bioinformatics-market.asp

View this press release online at: http://rwire.com/546751