Analysis Software and Services to Dominate Bioinformatics Sector

Analysis software and services market to account for the largest share of the total bioinformatics industry in the coming years, says RNCOS.

NOIDA, India (prHWY.com) April 3, 2012 - According to a new research report by RNCOS entitled "Bioinformatics Market Outlook to 2015", the global bioinformatics market has been progressing at an impressive rate of growth over the past few years. The astounding performance of the market can be attributed to factors such as declining costs of human genome sequencing, like increasing R&D investments by companies, among others. The total size of the global bioinformatics market reached to the mark of around US$ 3 Billion in 2010 and is further likely to advance at a CAGR of around 25% during the forecast period (2012-2015). Fast emergence of countries like India and China will act as a major driver to the future market performance.

We have found that the analysis software and services market is likely to register strong growth rate in the years to come as R&D funds spent by research institutes, pharma companies etc. on wet-lab discovery and validation processes will drive the demand of bioinformatics services. It is expected that the segment will experience the fastest growth rate (around 30% CAGR during 2012-2015) among all the key bioinformatics segments in future. Further, genomics is expected to have a maximum share of the analytical software and services market followed by proteomics and cheminformatics.

The report prudently analyzes the current and future performance of the worldwide bioinformatics sector by focusing on industry drivers, restraints, and private sector participation. It effectively investigates all the key trends of the bioinformatics market and evaluates their impact on the current and future performance of the sector. The report also provides an in-depth analysis on the industry segments (analysis software and services, content/database market, IT infrastructure) and applications (genomics, proteomics and pharmacogenomics).

The report is an outcome of an extensive research and discreet study on the global bioinformatics market that seek to provide reliable statistics and effective information. The report also illustrates market developments in some of the key countries of the world and provides information on private sector activities and government role. While forecasting, the report has also given due consideration to the ongoing research, key vertical sector demand, and ongoing developments. Overall, the report is meant to be a complete source of knowledge for clients interested in global bioinformatics market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM382.htm

Some of our Related Reports are:

- Global Bioinformatics Market Outlook (http://www.rncos.com/Report/IM554.htm)
- Nanotechnology Market Forecast to 2013 (http://www.rncos.com/Report/IM185.htm)

Check Related REPORTS on: http://www.rncos.com/Science%20&%20technology.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: global content market

Categories: Technology

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