Press release
Computational Biology Market: Steady Growth Backed by Government Funding
Rapid Growth and Future Predictions: Understanding the Global Computational Biology Market
What Is The Projected Market Size Of The Global Computational Biology Market And Its Growth Rate?
• The computational biology market has shown significant growth recently, expanding from $8.09 billion in 2024 to $9.52 billion in 2025, an impressive CAGR of 17.6%.
• The growth in this historic period can be attributed to factors such as the integration of multi-omics, advancements in personalized medicine and precision healthcare, the genomic sequencing revolution, and the increasing need for handling biological big data.
• Forecasts predict continued exponential growth, with projections indicating a rise to $22.47 billion by 2029, supported by a robust CAGR of 23.9%.
• Growth factors in the forecast period include developments in cloud computing and high-performance computing (HPC), the adoption of quantitative and predictive biology, advancements in bioinformatics and computational tools, increased interdisciplinary research collaboration, and evolving trends.
What Is Driving The Growth In The Computational Biology Market?
The computational biology market has benefitted greatly from substantial government funding. Around the globe, governments are investing in infrastructure and academic courses to enhance the capabilities of computational biologics in areas like research and development (R&D), education, and various other sectors. The continual increase in government funding is expected to heighten the demand for computational biological solutions, which are extensively used in R&D, clinical research, and other developmental activities. For instance, the US-based government agency, National Cancer Institute (NCI), had a total budget of $6.4 billion in April 2023, which included $195 million in funding from the CURES Act. This represented a 1.6 percent increase, equivalent to $99.3 million, compared to the previous fiscal year, reinforcing the pivotal role of government funding in driving the computational biology market growth.
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Who Are the Key Players Driving Computational Biology Market Growth?
• Certara L. P
• Chemical Computing Group Inc.
• Compugen Ltd.
• Genedata AG
• Insilico Biotechnology AG
• Dassault Systèmes SE
• Instem PLC
• Rosa & Co. LLC
• Simulation Plus Inc.
• Nimbus Discovery LLC
• Rhenovia Pharma SAS
• Leadscope Inc.
• DNAnexus
• Altaris Capital Partner
• Genialis Inc.
• Inari Agriculture Inc.
• BC Platforms
• Ventus Therapeutics
• Monte Rosa Therapeutics
• Schrodinger Inc.
• Strand Life Sciences
• Entos Pharmaceuticals
• Numerate Inc.
• Insitro
• Recursion Pharmaceuticals
• Atomwise
• Relay Therapeutics
• Exscientia
What Are The Key Trends In The Computational Biology Market?
• Advancements in data science and bioinformatics
• Evolution of genomic sequencing technologies
• Increased implementation of machine learning and AI in bioinformatics
• Progress in drug discovery and development
• Emergence of personalized medicine and precision healthcare
What Are The Segments Of The Global Computational Biology Market?
• By Services: In-house and Contract
• By Tools: Databases, Infrastructure (Hardware), Analysis Software, and Services
• By Application: Cellular and Biological Simulation, Drug Discovery and Disease Modelling, and Clinical Trials
• By End Users: Research, Pharmaceutical Industry, and Commercial Applications
Which Region Leads The Computational Biology Market?
North America held the largest share of the computational biology market in 2024, with Asia-Pacific expected to be the fastest-growing region in the forecast period. The computational biology market report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Computational Biology Market Global Market Report?
- Market Size Analysis: Analyze the Computational Biology Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Computational Biology Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Computational Biology Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Computational Biology Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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