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Hexa Research Inc
Hexa Research Inc
Industry Insights
The rising incidences of chronic diseases globally coupled with the increasing demand of advanced drugs
for the diagnosis of these diseases are expected to propel the growth for bioinformatics market.The
implementation of information technology to manage biological information efficiently is known as
bioinformatics.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/bioinformaticsindustry/
Decreasing cost of DNA sequencing, continuous advancement in information technology support for
bioinformatics devices and increasing aids from government & private sector organizations for
bioinformatics are some of the key factors which are triggering the growth of bioinformatics market
over the forecast period. Apart from these, the factors like increasing initiatives by research institutions
for discovery of novel drugs in life science and significant growth in usage of bioinformatics in the field
of clinical diagnostics are few supporting drivers of this market.