Bio Industry Growth Clips

If you are targeting biotech and life science industries for future growth, you should know how they are expected to grow worldwide in the future. Here are three very promising industries you should be watching.

Bioinformatics: The worldwide value of bioinformatics is expected to increase from $1.02 billion in 2002 to $3.0 billion in 2010, at an average annual growth rate of 15.8%.

DNA Sequencing and Proteomics: Projected sales for the worldwide DNA sequencing and proteomics markets are expected to rise at an AAGR average annual growth rate of 17.6% from $7.8 billion in 2004 to $17.5 billion in 2009.

Biosensors and other Bioelectronics: The global market for biosensors and other bioelectronics is projected to grow from $6.1 billion in 2004 to $8.2 billion in 2009, at an average annual growth rate of about 6.3%