Computational Biology Market in the World to Reach $11.4B by 2025

Computational Biology Market in the world is poised to grow at a compound annual growth rate (CAGR) of about 21.7 percent over the next eight years to reach about $11.43B by 2015.
Carried out by Research and Markets, the report, referred to as “Global Computational Biology Market Analysis & Trends – Industry Forecast to 2025”, analyses the market forecasts and estimates of all the given sectors on global and regional levels presented in the scope of the research. The study focuses on leading players, market trends, supply chain trends, key developments, future strategies, and technological innovations. With detailed market assessment across geographies such as Europe, North America, Latin America, Asia Pacific, Middle East and the Rest of the world, the study is an important asset for the future investors, new entrants, and the existing players.
Growing demand for protein sequencing and nucleic acid, growing application of computational biology, increasing initiatives from private organizations and government, and improved collaborative ties between research institutes and companies are the main factors driving the growth of the computational biology market. The major factors limiting the growth of this market, on the other hand, are lack of adequate user-friendly tools and the shortage of skilled professional.
References
http://www.prnewswire.com/news-releases/global-computational-biology-market-to-reach-114-billion-by-2025—analysis-by-tools-application-service-end-user–geography—research-and-markets-300471252.html
http://www.marketsandmarkets.com/PressReleases/bioinformatics-market.asp

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