Bioinformatics is both an umbrella term for the body of biological studies that use computer programming as part of their methodology, as well as a reference to specific analysis "pipelines" that are repeatedly used, particularly in the fields of genetics and genomics. The Human Genome Project is one of the best examples of Bioinformatics.
This rapidly developing branch of biology is highly interdisciplinary, using concepts and techniques from informatics, statistics, mathematics, retrieval and analysis of data related to biological systems. Bioinformatics is the most promising and a fast growing sector in life sciences. With the completion of human genome sequencing and the sequencing of various plants, animals and microbes- genomes, bioinformatics is poised to take up the challenges of the post-genomic era and the need for well-trained human resource is greater. There is a huge demand for bioinformaticians in USA, Europe, Australia and India. Presently the US bioinformatics market alone is worth US $7 billion and there will be a 10% annual growth in the bioinformatics market in the years to come.
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