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Bioinformatics Market Growing at 20.9% CAGR to 2020 With Bioinformatics Platforms Product Segment Expected to Witness the Fastest Growth
Date:10/7/2015

PUNE, India, October 8, 2015 /PRNewswire/ --

Medical biotechnology accounts for largest bioinformatics market share due to increasing use of bioinformatics in drug discovery and development process says this research report available with MarketReportsHub.com.

On the basis of applications, the bioinformatics market is segmented into genomics, chemo informatics & drug design, proteomics, transcriptomics, metabolomics and molecular phylogenetics. Genomics is expected to be the fastest growing segment in the bioinformatics application market in the next five years. Complete report on Bioinformatics Market spread across 186 pages, profiling 13 companies and supported with 139 tables and 45 figures is now available at http://www.marketreportshub.com/bioinformatics-industry-research-2020-marketsandmarkets.html .

The report segments the global bioinformatics market by sectors, products and services, application and geography. Knowledge management tools accounted for the largest share of the global bioinformatics market, by product and service sin 2014. However, Bioinformatics platforms are expected to grow at the highest CAGR during the forecast period.

Developing Asian countries such as China and India are lucrative markets for bioinformatics, owing to an increasing number of contract research organizations (CROs), rise in public and private sector investment, and growing industry -academia partnerships. Order a copy of Bioinformatics Market by Sector (Molecular Medicine, Agriculture, Forensic, Animal, Research & Gene Therapy), Segment (Sequencing Platforms, Knowledge Management & Data Analysis) & Application (Genomics, Proteomics & Metabolomics) - Global Forecast to 2020 research report at http://www.marketreportshub.com/purchase?rpid=2726 .

From an insight perspective, this research report focuses on qualitative data, market size, and growth of various segments and sub segments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and threats), winning imperatives, and burning issues. The report also offers market sizes and data on the growth of various segments in the industry. It focuses on emerging and high-growth segments, high-growth regions, and initiatives of governments. The competitive landscape covers growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on key players in the bioinformatics market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful. Ask for discount on this report priced US $ 4650 for a single user PDF at http://www.marketreportshub.com/discount?rpid=2726

They companies profiled in this bioinformatics market research are Affymetrix, Inc., Agilent Technologies, Biomax Informatics AG, Geneva Bioinformatics (Genebio) SA, ID Business Solutions Ltd., Illumina, Inc., Integromics S.L., Nonlinear Dynamics Ltd. (Acquired By Waters Corporation), Life Technologies, Qiagen, Perkinelmer, Inc., Applied Biological Materials (ABM) and Dnanexus, Inc..

On a related noted Synthetic Biology Market by Tool (XNA, Chassis, Oligos, Enzymes, Cloning kits), Technology (Bioinformatics, Nanotechnology, Gene Synthesis, Cloning & Sequencing), Application (Biofuels, Pharmaceuticals, Biomaterials, Bioremediation) - Global Forecast to 2018 research report says this industry is rapidly evolving, with various technological advancements that have resulted in a paradigm shift within the market. This has resulted in advanced production of synthetic genes and chassis to develop synthetic organisms from scratch. North America accounted for the largest share of the global synthetic biology market, followed by Europe, Asia, and the Rest of the World (RoW). In the coming years, Europe is expected to witness the highest growth rate, with emphasis on Germany, U.K., France, Denmark, Switzerland, and Rest of Europe. These countries are expected to serve as revenue pockets for synthetic biology manufacturers. Read more at http://www.marketreportshub.com/synthetic-biology-industry-research-marketsandmarkets.html .

Explore more In Life Sciences Market research reports at http://www.marketreportshub.com/categories/life-sciences .

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