New Report - Bioinformatics Market - Advanced Technologies, Global Forecast and Winning Imperatives (2009 - 2014) By MarketsandMarkets

DALLAS, August 18, 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.

Browse in-depth TOC on Bioinformatics Market.

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Bioinformatics has gained high importance due to its ability to
facilitate rapid clinical research, and also due to its various applications
such as gene therapy and molecular science. 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, as the current competitive scenario offers
little scope for price escalation and product differentiation.

The market for bioinformatics platforms 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.

The global bioinformatics market is expected to reach $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 the U.S. and Europe.

Markets covered

This research report categorizes the global bioinformatics market into
the following segments:

    - Bioinformatics platforms
    - Sequence alignment platforms
    - Sequence manipulation platforms,
    - Sequence analysis platforms
    - Structural analysis platforms
    - Content/Knowledge management tools
    - Specialized knowledge management tools
    - Generalized knowledge management tools
    - Services
    - Data Analysis
    - Sequencing Services
    - Database & Management services
    - Applications

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    all the stakeholders.

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About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500 companies
across the world. MarketsandMarkets also provides multi-client reports,
company profiles, databases, and custom research services.

M&M covers thirteen industry verticals, including advanced materials,
automotive and transportation, banking and financial services, biotechnology,
chemicals, consumer goods energy and power, food and beverages, industrial
automation, medical devices, pharmaceuticals, semiconductor and electronics,
and telecommunications and IT. We at MarketsandMarkets are inspired to help
our clients grow by providing apt business insight with our huge market
intelligence repository. To know more about us and our reports, please visit
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