MarketsandMarkets: Global Bioinformatics Market Worth $8.3 billion by 2014

DALLAS, July 21, 2010 - According to the new market research report "Bioinformatics Market -
Advanced Technologies, Global Forecast and Winning Imperatives (2009-2014)",
published by MarketsandMarkets (www.marketsandmarkets.com), the global
bioinformatics market is expected to reach a $8.3 billion by 2014 at a high
CAGR of 24.8% from 2009-2014. While knowledge management formed the largest
submarket is 2009 at $1.3 billion, the bioinformatics platforms market is
expected to have greatest market share in 2014 at an estimated $3.9 billion
due to rising demand from U.S. and Europe.

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The bioinformatics platforms market is growing at a significant pace with
the increasing demand from U.S. and Europe. This trend is supported by the
increasing demand for sequencing platforms with increasing life science
research using techniques such as gene expression analysis, sequence
analysis, and protein expression analysis.

Bioinformatics uses information technology, statistics, and algorithms to
integrate biological data. Pharmaceutical companies are now adopting
automated technologies to manufacture effective therapies and drugs due to
increasing concerns about drug safety and the stringent regulations that
govern clinical trials for drug discovery. Pharmaceutical companies have
increased their focus on process improvement and quality in the current
competitive scenario, as there is little scope for price escalation and
product differentiation.

    SCOPE AND FORMAT

    - The report analyzes the global bioinformatics market into respective
      segments:

    - Bioinformatics platforms
    - Content/knowledge management tools
    - Bioinformatics services
    - Bioinformatics applications

Analyst Briefing Presentation On Bioinformatics Market - Advanced
Technologies, Global Forecast And Winning Imperatives (2009 - 2014) To Be
Held On 5th Aug 2010

The Healthcare practice at MarketsandMarkets is pleased to announce its
Analyst Briefing Presentation on Bioinformatics Market (
www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html) -
Advanced Technologies, Global Forecast And Winning Imperatives (2009 - 2014)
to be held on 5th Aug 2010.

To register your participation, please click here
www.marketsandmarkets.com/AnalystBriefing/bioinformatics-market.asp

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