Bioinformatics Market Is On Explosion

In the current scenario, bioinformatics market size stands at approximately $840 million. It's poised for a rapid growth with increase of around $1.82 billion by 2007. The Compound Annual Growth Rate - CAGR of the Bioinformatics Market is likely to be around 15 % up till 2010.In the last few years, bioinformatics has achieved acceptance among other markets particularly biotechnology, pharmaceutical, agricultural biotechnology and industrial biotechnology. The bioinformatics industry is among one of the largest sector within super-computing and stands to benefit appreciably from acceleration of FPGA-based applications. Bioinformatics involves annotation, recording, analysis, storage, and searching/extracting of molecular information such as protein sequences, gene seq View the rest of this article