Bioinformatics Research Market to Grow at a CAGR Close to 25% During 2011-2016, Finds Netscribes

Netscribes Inc. launches a report on the Bioinformatics Research in India 2012 covering a market with strong growth potential. It is a part of Netscribes’ Information Technology Series.

Mumbai, India, August 02, 2012 --(PR.com)-- The report begins with an introduction section, laying out the structure of the overall biotechnology industry in India and highlighting the scope of the bioinformatics research market.

Market overview section is segregated in two sections wherein the first section talks about the overall biotechnology industry and listing a snapshot consisting an overview, market forecast over a period of 2012 to 2015, prime growth factors and competition. It also covers the additional demands laid forward to the Government of India by the apex body The Association of Biotechnology Lead Entrepreneurs (ABLE). The other section deals explicitly with the bioinformatics market in India and discusses about the overview, competitive landscape, major Indian bioinformatics clusters and key IT players involved in the market. Further the report furnishes a comprehensive set of statistics about the market including market size & growth and segments of biotechnology industry followed by the market size and growth of bioinformatics and the share of domestic & exports of the Indian bioinformatics market. The report also houses a SWOT analysis of the bioinformatics market thereby offering deeper understanding of the market at a glance.

Bioinformatics technology is a section which features discussions pertaining to the general technology framework incorporated in the market. Some of the major technological aspects such as data warehousing, machine learning, micro data analysis and pattern matching amongst others have been discussed and explained for a better understanding. The key bioinformatics tools categories including homology & similarity, protein function analysis, structural analysis and sequence analysis have been explained along with the various relevant applications and tools used in the market. The report also features a list of some of the major databases available along with their brief descriptions.

Application areas section of the report talks about the five important segments where bioinformatics has gained tremendous popularity. The segments covered include molecular medicine, microbial genome applications, agriculture, animals and comparative studies. Each of these have been defined along with their respective application areas hence giving reading with an array of opportunity that prevail in the market for new entrants.

Market influencers section provides a comprehensive set of factors which boosts and hinders the growth in the market. An analysis of the section brings forth the key drivers fueling growth in the market including easy availability of talent pool, increasing healthcare expenditure, improving export figures and favorable government initiatives. While the challenges identified comprises of frequent changes in regulatory measures & technological landscapes, high costs associated with R&D activities, data interoperability and high competition.

Government initiatives & framework lists the existing hierarchical framework within the industry thereby listing the crucial authorized bodies and organizations looking after the biotechnology industry. Moving along, the section illustrates strategies laid by Indian Government for the industry followed by the numerous steps taken to boost the bioinformatics market in particular.

Major research institutes talks about some of the premier research institutes and organizations operating in India. Details about their products, facilities, infrastructure, services and research area have been listed. Additionally, a snapshot of some other key institutes involved in bioinformatics research in India has also been furnished along with their respective areas of focus.

Key IT vendor profiles contain the details of some of the major IT vendors that are currently active in the market. Basic details regarding their corporate information, financial analysis and a comprehensive list of their products and solutions haven been mentioned. The section has been designed to offer readers with the existing areas that have been targeted by these IT behemoths for the market.

Selected bioinformatics vendors section primarily deals with the profiles of the major players in bioinformatics research market in India which enables readers to get a clear picture of the current competitive scenario. It lists the basic details of the players such as corporate information, business highlights and key members. The section also features financial analysis of key vendors which in turn provides us with the financial health of players.

Recent corporate activities is a section listing some of the major activities to have happened within the biotech industry in India as well as internationally. The section has been derived after covering the activities since the year 2010.

Strategic recommendations section has been derived after a thorough analysis of the market and highlights the opportunities for the bioinformatics vendors in India. “Garnering quality human resource and reducing the dependency on IT vendors for infrastructure will actually play as the key to success for vendors in the market,” noted Kalyan.

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