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Outsourcing Activities Propelling Indian Bioinformatics Market
Aug 03, 2012
As per the new research report by RNCOS, “Indian Bioinformatics Market Forecast to 2015”, bioinformatics is one of the fastest growing areas in the biotechnology sector in India. Bioinformatics in India are mainly based on B2B structure, where it provides services to other business. Despite offering a contribution of only 2% to the overall biotech industry, the Indian bioinformatics market is on the verge of posting stupendous growth. Further, studying the market from various aspects, it is expected that the market may reach to the mark of US$ 140 Million by the end of FY 2015.
Our research work has found out that with the cost of drug development soaring high, pharmaceutical and biotechnology companies are looking for new, smarter ways of conducting clinical research. India offers a large potential in such area and is primarily supported by efficient infrastructure and highly skilled workforce. The US and Europe are the key focus areas for the Indian players exporting bioinformatics tools.
The report “Indian Bioinformatics Market Forecast to 2015” prudently evaluates the underlying opportunities for market participants by analyzing the advantages that India possess as a country offers in the biotech sector. The report also provides a brief description of market players actively supporting the industry developments. The extensive research work also elaborates restraints and features of the Indian bioinformatics market.
The report is an outcome of an extensive research and in-depth analysis of the current status and expected position of the Indian bioinformatics market. It presents forecasts for the overall biotech industry and bioinformatics market for the period 2012-13 to 2014-15, and discusses key drivers that will propel the market growth. Overall, the report is meant to be a complete source of knowledge and analysis for clients interested in Indian bioinformatics market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM412.htm
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