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MarketsandMarkets: Global Bioinformatics Market Worth $8.3 billion by 2014
Date:7/21/2010

DALLAS, July 21, 2010 /PRNewswire/ -- According to the new market research report "Bioinformatics Market - Advanced Technologies, Global Forecast and Winning Imperatives (2009-2014)", published by MarketsandMarkets (http://www.marketsandmarkets.com), the global bioinformatics market is expected to reach a $8.3 billion by 2014 at a high CAGR of 24.8% from 2009-2014. While knowledge management formed the largest submarket is 2009 at $1.3 billion, the bioinformatics platforms market is expected to have greatest market share in 2014 at an estimated $3.9 billion due to rising demand from U.S. and Europe.

Browse in-depth TOC on Bioinformatics Market. Early buyers will receive 10% customization of reports http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

The bioinformatics platforms market is growing at a significant pace with the increasing demand from U.S. and Europe. This trend is supported by the increasing demand for sequencing platforms with increasing life science research using techniques such as gene expression analysis, sequence analysis, and protein expression analysis.

Bioinformatics uses information techn
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