Bioinformatics Market to Grow at 26% CAGR by 2013

Bioinformatics offers an indispensable technology for function assignment and is widely used for gene annotation. Initial efforts in bioinformatics were focused on the analysis of DNA sequence data. However, presently, the scope and objectives of bioinformatics research and development have broadened owing to the high generation of data from various sources and for different cellular processes, continuously evolving analytical technologies, and increasing computational capability. The global bioinformatics industry has been witnessing double-digit growth rate for the past decade due to ongoing research. As per our new research report “Global Bioinformatics Market Outlook” the market for bioinformatics will surge at a CAGR of nearly 26% during 2011-2013.

With increasing R&D investments by companies on bioinformatics and regulatory support by various countries, we anticipate that the bioinformatics market will post high growth rate in majority of the countries. Our report has done the profiling of prominent countries in biometrics industry. These countries include the US, the UK, Japan, India, China, South Korea, Taiwan, Singapore, and Australia.

We have found that the technology has its applications in a variety of areas, including Genomics, Proteomics, Pharmacogenomics, and Cheminformatics. Our report presents the market size of these application areas during the past few years. Other research areas of bioinformatics like oncology are also highlighted in the report. Besides, the report includes statistical analysis of different segments to provide comprehensive overview of the market.

Bioinformatics companies collaborate with other companies or with research institutes to enhance their operations. Partners may share the resources such as, products, intellectual property, project funding, knowledge, expertise, manufacturing capability, and capital equipment. Besides strategic collaboration, our report provides an insight into other industry trends and key market drivers to help clients with information that facilitates in taking prudent investment decisions. A brief business description of key players has also been covered in the report.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM554.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com/promotion.htm