DUBLIN, March 25, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/53bwxk/global) has announced the addition of the "Global Bioinformatics Market 2014-2018" report to their offering.
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The analysts forecast the Global Bioinformatics market to grow at a CAGR of 26.15 percent over the period 2013-2018. One of the key factors contributing to this market growth is the decreasing cost of genetic sequencing. The Global Bioinformatics market has also been witnessing the increasing outsourcing of bioinformatics services. However, the complexity in using bioinformatics tools could pose a challenge to the growth of this market.
The report, the Global Bioinformatics Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC region; it also covers the Global Bioinformatics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
As a result of declining budgets for R&D, biotechnology companies and other organizations are seeking ways to increase efficiency by outsourcing bioinformatics to effectively support their R&D activities at less cost. Also, outsourcing may be an increasingly viable option for research organizations which lack the requisite computational infrastructure and informatics expertise for bioinformatics tools in house. Outsourcing the services to a third-party vendor can allow an organization to refocus on key projects that contribute to increasing the effectiveness of its R&D and shorten development-to-launch timelines.
According to the report, one of the major drivers in this market is the decreasing cost of genetic sequencing. This reduction in cost is a result of the development of tools and technologies as well as the improvements in processes made by genomics researchers.
Further, the report states that one of the major challenges in the market is the growing complexity in using bioinformatics tools and the consequent need for proper training and guidance to use these tools properly and efficiently.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
6. Market Landscape
7. Market Segmentation by Application
8. Market Segmentation by Products and Services
9. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Accelrys Inc.
- Affymetrix Inc.
- Agilent Technologies Inc.
- Biobase GmbH
- Biomatters Ltd.
- Biotique Systems Inc.
- CLCbio A/S and Illumina Inc.
- Cartagenia n.v.
- DNASTAR Inc.
- Genedata AG
- Geneva Bioinformatics SA
- GenoLogics Life Sciences Software Inc.
- Genomatix Software GmbH
- Molecular Networks GmbH
- PerkinElmer Inc.
- SmartGene Services SARL.
For more information visit http://www.researchandmarkets.com/research/53bwxk/global
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SOURCE Research and Markets