Press release
Computational Biology Market 2019-2027; In-depth Analysis by Leading Players: Chemical Computing Group, Compugen Ltd., Dassault Systèmes, Genedata AG, Insilico Biotechnology AG, Leadscope, Inc
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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Leading Computational Biology Market Players:
1. Certara
2. Chemical Computing Group
3. Compugen Ltd.
4. Dassault Systèmes
5. Genedata AG
6. Insilico Biotechnology AG
7. Leadscope, Inc.
8. Nimbus Therapeutics
9. Schrödinger, LLC
10. Strand Life Sciences Pvt. Ltd.
North America is expected to contribute to the largest share in the computational biology market in the coming years, owing to rising investments made in R&D activities for the discovery as well as the development of novel drugs. Also, Asia Pacific is anticipated to witness steady growth during the forecast period, due to increasing clinical trials in the region.
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. Similarly, 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 analyzes factors affecting computational biology market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the computational biology market in these regions.
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The report also includes the profiles of key computational biology companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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