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Computational Biology Market Size, Share Analysis, Trends And Global Forecast To 2032
Computational Biology Market Report
Computational Biology Market Size, Growth Rate, And Forecast:
The global computational biology market size grew from $5.97 billion in 2022 to $7.15 billion in 2023 at a compound annual growth rate (CAGR) of 19.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computational biology market size is expected to grow to $15.07 billion in 2027 at a CAGR of 20.5%.
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Computational Biology Market Drivers:
Government funding has been the major driver in the computational biology market. Governments across the globe are funding infrastructure and academic courses to improve the capabilities of computational biologics in R&D, educational institutions, and other sectors. The rapid growth in government funding is expected to boost the demand for computational biological solutions, as they are widely used in R&D, clinical research, and other development activities.
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Computational Biology Market Segments
•By Services: In-house, Contract
•By Tools: Databases, Infrastructure (Hardware), Analysis Software and Services
•Application: Cellular and Biological Simulation, Drug Discovery and Disease Modelling, Clinical Trials
•End Users: Research, Pharmaceutical Industry, Commercial Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the computational biology market.
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Computational Biology Market Key Players:
Major competitors in the computational biology market include Accelrys, Certara, Chemical Computing Group Inc., Compugen Ltd., Entelos, Inc., Genedata AG, Rhenovia Pharma SAS, Simulation Plus Inc., Schrodinger, Leadscope, Agilent Technologies, Inc., Biomax Informatics AG, DNAnexus, Inc., SOPHiA GENETICS, and Waters Corporation.
The Business Research Company's "Global Computational Biology Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Computational Biology Market Include:
1. Executive Summary
2. Computational Biology Market Characteristics
3. Computational Biology Market Trends And Strategies
4. Computational Biology Market - Macro Economic Scenario
5. Computational Biology Market Size And Growth
....
26. Africa Computational Biology Market
27. Computational Biology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Computational Biology Market
29. Computational Biology Market Future Outlook and Potential Analysis
30. Appendix
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