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Genomics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018

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Increasing competition in the pharmaceutical industry to develop new drugs, increasing demand for genetically modified crops and animals, and dropping prices of genomic procedures are some of the major growth drivers for the market. Synthetic biology uses the concepts of genomics as an enabling technology to study the gene sequences of organisms and plants and further research initiatives are taken to invent synthetic cells and DNAs with novel applications.  Emergence of such nascent research will help the market grow in the future. The study of the genomes of organisms is referred to as genomics. The global genomics market will experience double digit CAGR from 2012 to 2018. On the basis of technology, the market is segmented into bioinformatics, DNA microarray and... Read More

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