Indian Bioinformatics Market to be worth US $140 Million by FY2015

The bioinformatics market has been expanding in India at an unprecedented rate, and future seems exceptionally bright for the industry, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) June 4, 2012 - The Indian bioinformatics market is on the verge of posting stupendous growth, despite its only 2% contribution to the overall biotech industry. According to a latest research report by RNCOS on the Indian bioinformatics market, proliferation of projects and analysis works by way of exports and outsourcing will continue to raise the revenue patterns in the industry. Personalized medicine and genomics are some of the latest trends which can further fuel the segment's growth. It is estimated that the market will reach around US$ 140 Million by the end of 2014-15.

Research Analysis and Highlights

The report, "Indian Bioinformatics Market Forecast to 2015", provides an extensive research and in-depth analysis of the current status and expected position of the Indian bioinformatics market. It presents forecasts for the overall biotech industry and bioinformatics market for the period 2012-13 to 2014-15, and discusses key drivers that will propel the market growth. The extensive research work also elaborates restraints and features of the Indian bioinformatics market. It prudently evaluates the opportunities existing for companies in the Indian bioinformatics market by analyzing the advantages that India as a country offers in the biotech sector.

Some of the report's key highlights include:

- Outsourcing activities and exports are propelling the Indian bioinformatics market.
- Skilled workforce is a key advantage offered by India in the bioinformatics segment.
- Government initiatives are supporting the segment's growth.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM412.htm

Some of our Related Reports are:

- Bioinformatics Market Outlook to 2015 (http://www.rncos.com/Report/IM382.htm)
- Global Bioinformatics Market Outlook (http://www.rncos.com/Report/IM554.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: india biotech market

Categories: Business

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