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he bioinformatics market is expected to grow to $12.86 billion by 2020 with a CAGR of 21.2% during 2014-2020. Bioinformatics is an interdisciplinary field that is used in the development and storage of data, thus helping in the analysis, organization and retrieval of the biological data.
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Global Bioinformatics Market Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020 Pages 151 Published Date:- May-2014
Description Bioinformatics refers to combined use of biotechnology and information technology. Bioinformatics supports the biotechnology and pharmaceutical industry both with software and hardware. These components help to calculate, analyze and store the biological and genetic information that can be used in drug development based on genetic issues. Global healthcare IT market is expected to reach $53.8 billion by 2014. Use of bioinformatics in biomarkers development and drug discovery is driving the market growth. On the other hand, increasing government support and funding are other factors assisting the growth. Global diagnostic biomarker market is expected to reach $30.6 billion by 2020. ©Big Market Research
Description Bioinformatics refers to combined use of biotechnology and information technology. Bioinformatics supports the biotechnology and pharmaceutical industry both with software and hardware. These components help to calculate, analyze and store the biological and genetic information that can be used in drug development based on genetic issues. Global healthcare IT market is expected to reach $53.8 billion by 2014. Use of bioinformatics in biomarkers development and drug discovery is driving the market growth. On the other hand, increasing government support and funding are other factors assisting the growth. Global diagnostic biomarker market is expected to reach $30.6 billion by 2020. However, authenticity of the data generated electronically is one of the major concerns for the regulatory bodies. The service providers need to assure the clients that the data provided is within the standard provided by the government. Complexity of the product is another factor decreasing its adoption among end users. Further, there is a lack of standard in the data format and this leads to manual intervention by researchers. ©Big Market Research
Key Benefits • The report provides in-depth analysis of the current market scenario and offers expected future trends that would assist stakeholders in taking strategic and actionable decisions • Quantitative analysis of the current bioinformatics market and estimations through 2013-2020 • Analysis of the bioinformatics market factors in various geographic regions and help understand business opportunities • Identification of key investment pockets for various applications, services and geographies • Identification of key application segments based on future potential and growth prospects • Top factors that are expected to affect the growth of the market along with impact analysis of every such factor ©Big Market Research
Market By Sectors Forensic Biotechnology • Medical Biotechnology Environmental Biotechnology Animal Biotechnology Agricultural Biotechnology ©Big Market Research
Market By Products & Services ©Big Market Research
Market By Products & Services ©Big Market Research
Market By Products & Services ©Big Market Research
Market By Application • Genomics • Chemoinformaticsand Drug • Design • Proteomics • Transcriptomics • Metabolomics • Molecular Phylogenetics ©Big Market Research
Key Audiences • Research organizations • Clinics and labs • Healthcare institutes • Academics for bioinformatics
Table Of Content • Introduction • Executive summary • Bioinformatics market overview • GLOBAL bioinformatics MARKET BY technology and services • GLOBAL bioinformatics MARKET BY Application • GLOBAL bioinformatics MARKET by sector • GLOBAL Bioinformatics MARKET BY geography • Company profiles
Market By Geography ©Big Market Research
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