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. The report provides Computational Biology market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
The advent of innovative technologies such as sequencing, and high-throughput experimental methods like yeast two-hybrid, microarray, and chip-chip assays are generating a demand for mathematical modeling, analytical methods, and simulations for effective and hassle-free analysis of the data. Advancement in technology has opened up many options for innovation in the healthcare sector. Increased government funding, investments in research and development, and a rise in demand for predictive modeling for usage in various sequencing projects are driving the demand for the computational biology market. Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Computational Biology market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Computational Biology market revenue growth to a significant extent over the forecast period.
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The report offers these individuals a vivid description of the competitive spectrum of the global Computational Biology market. Global Computational Biology market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Computational Biology Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. Several companies are doing clinical studies in pharmacogenomics, and an increase in the number of clinical trials will propel the demand for the market in the coming years. An upsurge in the design and development of personalized medicine and disease modeling will also impact the demand. Computational biology also reduces the risk of human involvement in the clinical testing process, which further boosts the demand for the market’s product.
Top key vendors in Computational Biology Market include are:
Chemical Computing Group, Compugen, Simulation Plus, Genedata, Certara, Insilico Biotechnology, Accelrys, Rhenovia Pharma, Entelos, Nimbus Discovery, among others.
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.
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Computational Biology Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain. One of the report’s central components is the broad Computational Biology market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders.
For the purpose of this report, Emergen Research has segmented into the global Computational Biology Market on the basis of service-type, application, end-use, and region:
- Service-Type Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Cellular & Biology Simulation
- Computational Genomics
- Infrastructure / Hardware
- Software & Services
- Computational Proteomics
- Computational Genomics
- Drug discovery and disease modeling
- Target identification
- Target Validation
- Lead Discovery
- Lead Optimization
- Pre-clinical drug development
- Clinical trials
- Phase I
- Phase II
- Phase III
- Human Body Simulation Software
- Cellular & Biology Simulation
- End-Use Outlook (Revenue, USD Billion; 2017-2027)
Key geographical areas:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Region wise performance of the Computational Biology industry
North America Computational Biology market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America Computational Biology market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
Asia Pacific registered fastest revenue CAGR in 2020, and the Computational Biology market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe Computational Biology market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Computational Biology market growth.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Computational Biology Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Computational Biology Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Computational Biology Market Segmentation & Impact Analysis
4.1. Computational Biology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Computational Biology Market indicators analysis
4.2.2. Computational Biology Market drivers analysis
188.8.131.52. Rapid urbanization and industrialization
184.108.40.206. Stringent government regulations regarding carbon emissions
220.127.116.11. Increasing prevalence of respiratory diseases
18.104.22.168. Rising need to enhance indoor air quality
4.2.3. Computational Biology Market restraints analysis
22.214.171.124. High cost associated with the maintenance of Computational Biology products
126.96.36.199. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Key questions addressed in the report:
- What are the key factors driving the global Computational Biology market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Computational Biology market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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