Government Investments Set to Drive Global Bioinformatics Market

The market for bioinformatics is expected to surge to a value of around US$ 6.2 Billion by 2013 at a CAGR of nearly 26% during 2011- 2013.

Noida, India (prHWY.com) December 16, 2010 - With the increasing financial support to the bioinformatics market by the government, it is expected that the market will flourish in near future. As per our new research report "Global Bioinformatics Market Outlook", the bioinformatics market in South Korea and UK will post double digit growth rates during 2011-2013. The Indian bioinformatics market will grow at a CAGR of approximately 9.5%.

We have divided the bioinformatics market into two sections - Applications and Segments. The Application areas analyzed in the report include Genomics, Proteomics, Pharmacogenomics and Drug Discovery, whereas the Segments section includes Analysis Software and Services Market, Content market and IT infrastructure market. The Software and Services market for bioinformatics recorded a CAGR of more than 21% between 2007 and 2010.

On the country level, we have identified prominent countries in the bioinformatics market. These countries are chosen on the basis of recent development and future growth potential. US, UK, Japan, China, India, South Korea, Taiwan, Singapore and Australia are included in the report for the purpose of analysis.

Based on the latest news, we have identified the prevailing trends in the bioinformatics market. There are certain market drivers which will fuel growth in the bioinformatics market. All these drivers are deeply studied in the report. The key player section will give a brief business overview of the leading companies in the bioinformatics market.

"Global Bioinformatics Market Outlook" is a comprehensive research report that comprises of valuable analysis of the bioinformatics industry. The research will provide information about the recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, expected future outlook and all the other factors which are critical to the success in the bioinformatics market.

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

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Tag Words: bioinformatics market

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