Proteomics is a field that is younger than DNA sequencing and although applications are more limited, impact of this technology could prove to be enormous. The industry is growing even more by a diffusion process as the technology is gradually replacing older laboratory methods. The Human Genome Project has produced a striking result that there are lesser protein-coding genes in the human genome compared to proteins in the human proteome (~22,000 genes vs. ~400,000 proteins). This fact has forced the researchers and companies to shift their focus towards proteomics market. As a result, the proteomics market is forecasted to grow at a CAGR of around 20% during 2011 - 2013, says our new research report “Global Bioinformatics Market Outlook”.
Amid growing health concerns and the requirement to develop more economical and reliable drugs coupled with huge demand for personalized medicines are the major factors for conducting an extensive research on proteomics. Hence, the rising awareness of protein research and its study has opened the market for different proteomic-related equipments, technologies, and services.
Our team of experts has analyzed the bioinformatics market on the basis of segments and applications. At the segment level, the market has been divided into Analysis Software & Services Market, Content Market, and IT Infrastructure & Other Services Market. Moreover, the applications that have been covered in the report are Genomics, Proteomics, Pharmacogenomics, and Drug Discovery & Cheminformatics.
“Global Bioinformatics Market Outlook” provides thorough research and rational analysis along with reliable statistics of the global bioinformatics industry. The report also provides extensive information on the traditional markets as well as on the emerging technologies. Besides, an insight of trends and research programs being carried out in different regions across the globe has been covered in the report. Analysis and statistics regarding market size, growth, share, segmentation and geographic distribution have been thoroughly studied in the report to present a comprehensive view of the global Bioinformatics market. The report has thoroughly examined current market trends; industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years.
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Article By: Shushmul Maheshwari