Backed by a strong demand for bio-informatics tools in research & development, the overall market is likely to reach US$ 6.2 Billion by 2013, says RNCOS in its latest research report.
(prHWY.com) August 9, 2011 - NOIDA, India -- According to our new research report, "Global Bioinformatics Market Outlook", the global bioinformatics market has been growing at a rapid pace over the past few years on the back of factors like increasing R&D investments by private players and regulatory support around the world. The global bioinformatics market is estimated to have reached around US$ 3 Billion in 2010, and the content market had 46% share in the total industry followed by analysis software and services and IT infrastructure and other services. Due to extensive use of bioinformatics tools in various applications, the market is poised to reach around US$ 6.2 Billion by 2013.
We have found that Japan has effectively strengthened its capabilities to be a worldwide player in the field of bioinformatics databases. With an estimated revenue of Yen 38 Billion (US$ 0.46 Billion) in 2010, the market is likely to attract more players in the years to come. The country has one of the largest databases for bioinformatics across the globe known as DDBJ, in comparison to USA (GenBank) and Europe (EMBL-Bank).
The report, "Global Bioinformatics Market Outlook", investigates the current market trends in some of the prominent countries and provides a knowhow on key market drivers, which further facilitates the process of understanding the market structure. The report also covers the statistical analysis of different segments along with a detailed summary on technological trends to present a comprehensive overview of the market.
The report is an outcome of an extensive research and prudent analysis of the global bioinformatics market and key market players. It comprehensively analyzes almost all the key aspects of the market and further discusses the important developments. The forecast presented in the report makes use of effective methods and techniques that seek to present a realistic future outlook.
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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