The Computational Biology Market report will provide readers, stakeholders, and companies with in-depth information about market size, revenue growth, and overall market dynamics in order to help them strengthen their position in the global Computational Biology Market. It also contains detailed information on key factors, constraints, limitations, and challenges, as well as market segmentations such as product type, application, and regional bifurcation.
The global Computational Biology Market is forecasted to be worth USD 16.58 Billion by 2027, according to a current analysis by Emergen Research. Computational biology is used to analyze biological data such as cell populations, genetic sequences, and protein samples and also discover new predictions.
There is a growing need for mathematical modelling, analytical techniques, and simulations for efficient and painless data analysis as a result of the introduction of novel technologies like sequencing and high-throughput experimental techniques like yeast two-hybrid, microarray, and chip-chip assays. Technology development has made it possible for the healthcare industry to innovate in a variety of ways. The demand for the computational biology market is being driven by increased government spending, investments in R&D, and an increase in the demand for predictive modelling for use in various sequencing projects.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Chemical Computing Group, Compugen, Simulation Plus, Genedata, Certara, Insilico Biotechnology, Accelrys, Rhenovia Pharma, Entelos, Nimbus Discovery
Target Audience of the Global Computational Biology Market Report:
- Key Market Players
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Computational Biology Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2027. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Computational Biology market on the basis of product, application, and region:
Segments Covered in this report are:
- Service-Type Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Cellular & Biology Simulation
- Computational Genomics
- Infrastructure / Hardware
- Software & Services
1. Target identification
2. Target Validation
3. Lead Discovery
4. Lead Optimization
- Pre-clinical drug development
- Clinical trials
0. Phase I
1. Phase II
2. Phase III
- Human Body Simulation Software
- End-Use Outlook (Revenue, USD Billion; 2017-2027)
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Some Key Highlights from the Report
- In July 2020, the U.S. Department of Energy announced a funding of USD 5 million in computational biology for six new research projects. The purpose of the funding is to develop new analytical tools and software for managing an increase in the quantity of genomics and other data resulting from the study of microbes and other biological systems.
- The In-House service-type segment is anticipated to grow with the fastest CAGR of 22.8% during the forecast period. Several Biopharma companies are undertaking clinical trials in their own buildings to avoid extra cost and also to prevent the risk of leakage of their pipeline projects. Moreover, as technology is becoming affordable, more companies are opting for in-house service.
- The cellular & biology simulation segment is driven due to the high demand from computational genomics. The segment will witness growth owing to recent developments in IT technologies and cloud computing. Computational genomics is more specifically used for pattern recognition and analysis problems such as motif finding, gene finding, gene function prediction, evolutionary models, and fusion of sequence and expression information.
- The commercial end-use segment dominated the computational biology market. Increased usage of the technology for personalized medicine and drug designing by pharmaceutical companies is propelling its demand. Several genetic disorders require specific customized treatment, which is creating a trend for personalized medicine.
- North America is a hub for R&D in computational biology. The region witnessed increased investment by private and public companies in research for the development of effective medicine and therapies. It is also home to key companies involved in the market.
Additional information offered by the report:
- Along with a complete overview of the global Computational Biology market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Computational Biology market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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