Computational Biology Market To Reach USD 13.77 Billion By 2026
Market Summary Wide application of computational biology in genomics, epigenomics, proteomics, and metagenomics to understand 3D protein structural analysis, protein-protein interactions, and gene sequencing and expression along with increasing R&D in drug designing and disease modeling are key factors contributing to high CAGR of Computational Biology during the forecast period. Market Size – USD 28.68 billion in 2018, Market Growth - CAGR of 21.7%, Market Trends – technological advancements, research and development of advanced computational tools. Computational biology is an interdisciplinary field of biology that applies computational methods for analyzing biological data, such as genetic sequences, cell populations, and protein samples, to discover new predictions. Further key findings from the report suggest : • North America region accounted for nearly 45% of the market share in 2018 owing to increasing R&D activities for drug discovery processes and development of new biological computation tools. • Computational Biology market is growing at a CAGR of 2% in Asia-Pacific due to owing to increased spending on research works in pharmacogenomics and pharmacokinetics in clinical studies for new drugs in the region. www.reportsanddata.com
Key Players: Chemical Computing Group, Compugen, Simulation Plus, Genedata, Certara, Insilico Biotechnology, Accelrys, Rhenovia Pharma, Entelos, Nimbus Discovery, and Rhenovia Pharma Segmentation: • Service Type (Revenue, USD Million; 2016–2026), In-house, Contract • Application Type (Revenue, USD Million; 2016–2026), Cellular & Biology Simulation, Computational Genomics, Database, Infrastructure / Hardware, Software & Services, Computational Proteomics, Pharmacogenomics, Others, Drug discovery and disease modeling, Target identification, Target Validation, Lead Discovery, Lead Optimization, Pre-clinical drug development, Pharmacokinetics, Pharmacodynamics, Clinical trials, Phase I, Phase II, Phase III,Human Body Simulation Software • End Use (Revenue, USD Million; 2016–2026), Academics, Industry, Commercial
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Regional Computational Biology Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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