Bioinformatics Market will grow at a CAGR of around 15% during 2016-2022
Bioinformatics is the application of computational techniques to analyze the information associated with biomolecules on a large-scale. It has now firmly established itself as a discipline in molecular biology, and encompasses a wide range of subject areas from structural biology, genomics to gene expression studies. The increasing application of genomics, proteomics, cheminformatics, transcriptomics, metabolomics, molecular phylogenetics, etc. in biotech and pharmaceutical research and development has created a huge commercial market for bioinformatics worldwide, which is expected to grow in the future. The global bioinformatics market is forecasted ...