Bioinformatics Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Bioinformatics Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2012 To 2020

Industry Insights

The rising incidences of chronic diseases globally coupled with the increasing demand of advanced drugs

for the diagnosis of these diseases are expected to propel the growth for bioinformatics market.The

implementation of information technology to manage biological information efficiently is known as

bioinformatics.

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Decreasing cost of DNA sequencing, continuous advancement in information technology support for

bioinformatics devices and increasing aids from government & private sector organizations for

bioinformatics are some of the key factors which are triggering the growth of bioinformatics market

over the forecast period. Apart from these, the factors like increasing initiatives by research institutions

for discovery of novel drugs in life science and significant growth in usage of bioinformatics in the field

of clinical diagnostics are few supporting drivers of this market.

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Bioinformatics include genome annotation, gene sequence analysis, cancer mutation analysis, gene

expression analysis, gene regulation analysis, protein expression analysis, comparative genomics and

system biology. Continuous up-gradation in technology like cloud computing and nanopore technology

has created a huge platform for storing, retrieving, analyzing, manipulating and organizing biological

information. Adoption of computer technology for managing biological information also helps in

developing drug and manage huge database associated which its discovery.

Sectors Insights

The global bioinformatics market is segmented on the basis of sectors, products & services...