Bioinformatics Market By 2017 - PowerPoint PPT Presentation

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Bioinformatics Market By 2017

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Bioinformatics Market report categorizes the global market by Application (Genomics, Proteomics & Drug Design) By Sector (Molecular Medicine, Agriculture, Research & Forensic), Segment (Sequencing Platforms, Knowledge Management Tools & Data Analysis Services) & by Geography – PowerPoint PPT presentation

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Title: Bioinformatics Market By 2017


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MarketsandMarkets Presents
Bioinformatics Market worth 7.5 Billion By
2017
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  • The "Bioinformatics Market By Sector (Molecular
    Medicine, Agriculture, Research Forensic),
    Segment (Sequencing Platforms, Knowledge
    Management Tools Data Analysis Services)
    Application (Genomics, Proteomics Drug Design)
    Global Forecasts to 2017" analyzes and studies
    the major market drivers, restraints, and
    opportunities in North America, Europe,
    Asia-Pacific and Rest of World.
  • Browse 120 market data tables with 22 figures
    spread through 364 pages and in-depth TOC on
    Bioinformatics Market By Sector (Molecular
    Medicine, Agriculture, Research Forensic),
    Segment (Sequencing Platforms, Knowledge
    Management Tools Data Analysis Services)
    Application (Genomics, Proteomics Drug Design)
    Global Forecasts to 2017 http//www.marketsandm
    arkets.com/Market-Reports/bioinformatics-39.html

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  • This report studies the global bioinformatics mark
    et over the forecast period 2012-2017.
  •   The global bioinformatics market was valued at
    2.9 billion in 2012 and is poised to reach 7.5
    billion by 2017 at a CAGR of 20.9.
    Bioinformatics technologies are used in various
    pharmaceutical and biotechnology sectors to
    support their growth. Major sectors that use
    bioinformatics tools and services are medicine,
    agriculture, environment, animal, forensic,
    academics and others (home land security1
    defense, law-enforcement groups, bio-weapon
    creation, and evolutionary biotechnology). The
    medical sector accounted for the lions share of
    the bioinformatics market, owing to the
    increasing use of bioinformatics in the drug
    discovery and development process.
  • Product and services in the bioinformatics
    market comprise of platforms, knowledge
    management tools, and services. The
    bioinformatics platforms market is the
    fastest-growing segment, as they play a crucial
    role in quick and easy analysis and manipulation
    of large amounts of data obtained from NGS
    projects.

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  • Applications of bioinformatics in life sciences
    research include genomics, proteomics, chemo
    informatics, molecular phylogenetics,
    metabolomics, transcriptomics, and others
    (glycomics, cytomics, physiomics and
    interactomics).
  • Genomics commands the largest share of the
    bioinformatics application market. The decreasing
    cost of DNA sequencing, increasing funding from
    government and private organizations, and
    technical advancements in bioinformatics tools
    and platforms are propelling the market. Dearth
    of a common data format for integration of data,
    lack of well-defined standards, and shortage of
    skilled bioinformatics professionals are major
    hurdles to growth of the market. It is expected
    that the market will offer growth opportunities
    for bioinformatics solutions manufacturers with
    the introduction and adoption of upcoming
    technologies such as nano pore sequencing and
    cloud computing.

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  • North America accounted for the largest market
    share of the bioinformatics market, followed by
    Europe, in 2012. However, other regions such as
    Asian and Latin American countries represent
    emerging markets, owing to a rise in research
    outsourcing by pharmaceutical giants, increasing
    number of Contract Research Organizations (CROs),
    rise in public and private sector investment, and
    growing industry-academia partnerships.

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About MarketsandMarkets
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