According to IMARC Group latest report titled “Computational Biology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on computational biology market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global computational biology market reached a value of US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.8 Billion by 2027, exhibiting a CAGR of 22.1% during 2022-2027.
Computational biology is an interdisciplinary branch that uses combinations of mathematics, computer science, and statistics to analyze and understand biological data. It involves various aspects of biology, such as genetics, evolution, cell biology, and biochemistry. It is used to make predictions, identify patterns, and develop new hypotheses in proteomics, genomics, and systems biology. It allows scientists to determine large and complex datasets, including DNA sequences and protein structures, genetic information that can assist in identifying potential drug targets for the treatment of diseases. Additionally, it plays an essential role in personalized medicine and aids in improving yield and providing resistance to diseases in agriculture while helping in understanding the evolution of species and relationships between different organisms.
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Market Trends:
The rising number of clinical studies in the field of pharmacogenomics is driving the global market. Moreover, the continuous developments in the field of molecular biology and genetic engineering tools are contributing to the demand for computational biology across the globe. In line with this, the increasing investments by key players in research and development (R&D) activities in genetic engineering and new drug discoveries are catalyzing the market. Furthermore, the growing demand for personalized medicines and an increasing number of collaborations between research organizations, and pharmaceutical companies in the field of computational biology, are impacting the market favorably. Other factors, such as rapid urbanization and the growing research in the field of bioinformatics and the growth of drug designing and modeling, are creating a positive market outlook.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Certara
- Chemical Computing Group ULC
- Compugen Ltd
- Dassault Systèmes
- Genedata AG
- Insilico Biotechnology AG
- Instem plc
- Nimbus Therapeutics LLC
- Schrödinger Inc.
- Simulations Plus Inc
Computational Biology Market Segmentation:
Our report has categorized the market based on region, application, services and end use industry.
Breakup by Application:
- Cellular and Biological Simulation
- Computational Genomics
- Computational Proteomics
- Pharmacogenomics
- Others
- Drug Discovery and Disease Modelling
- Target Identification
- Target Validation
- Lead Discovery
- Lead Optimization
- Preclinical Drug Development
- Pharmacokinetics
- Pharmacodynamics
- Clinical Trials
- Phase I
- Phase II
- Phase III
- Human Body Simulation Software
Breakup by Services:
- In-house
- Contract
Breakup by End Use:
- Academics
- Pharmaceutical Industry
- Commercial
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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