Press release
Computational Biology Market Growth Drivers, Investment Opportunity and Regional Outlook by 2027
Computational Biology
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Some of the key players operating in the computational biology market include, Certara, Chemical Computing Group, Compugen Ltd., Dassault Systèmes, Genedata AG, Insilico Biotechnology AG, Leadscope, Inc., Nimbus Therapeutics, Schrödinger, LLC, and Strand Life Sciences Pvt. Ltd. among others.
Computational biology is a branch of science that uses computers to understand the structures as well as models of structures and processes of life. The method involves computational methods, such as algorithms for the representation and simulation of biological systems and for the interpretation of experimental data, often on a very large scale.
Rise in the number of clinical studies in the field of pharmacogenomics and the rise in number of clinical trials are expected to fuel the growth of the computational biology market during the forecast period. Moreover, various technological advancements in drug development is anticipated to offer significant growth opportunities in the market.
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Market Segmentation:
The global computational biology market is segmented on the basis of tools and application.
Based on tools, the market is segmented as, analysis software & services, hardware and databases.
Based on application, the market is categorized as, cellular & biological simulation, drug discovery and disease modelling, preclinical drug development, clinical trials, and other applications.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global computational biology market based on tools and application. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
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Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the “Computational Biology” market.
- Key market trends cracking up the growth of the “Computational Biology” market.
- Challenges to market growth.
- Key vendors of “Computational Biology” market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global “Computational Biology” market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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