Research Nester published a report titled “Computational Biology Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global computational biology market in terms of market segmentation by application, component, end-user, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global computational biology market is anticipated to attain a CAGR of ~20%
over the forecast period, i.e., 2022 – 2031. The market is segmented by
application into cellular and biological simulation, drug discovery, disease
modelling, preclinical drug development, clinical trials, human body
simulation, and others. Out of these, the drug discovery segment is anticipated
to hold the notable share in the global computational biology market over the
forecast period on account of growing demand for new and effective drugs,
backed by the growing prevalence of diseases, and development of immunity in
the microbes for a specific drug.
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The global computational biology market is estimated to grow on the back of
increasing research activities, along with the growing investment in the R&D
activities. Computational biology is a science of studying biological
systems through mathematical modelling, which is required for research
activities, biotech and genomics, pharmaceutical R&D, and scientific
software development. The advancement in the medical science, along with the
development of innovative technologies and medical equipment is estimated to
boost the market growth.
On the
basis of geographical analysis, the global computational biology market is
segmented into five major regions including North America, Europe, Asia
Pacific, Latin America and Middle East & Africa region. The market in the
North America region is anticipated to gain the largest market share throughout
the forecast period on the back of the growing R&D activities, coupled with
the high investment in research activities. According to the data by the World
Bank, 2.732% of the GDP of North America was spent on R&D activities in
2018. Moreover, increasing scope for learning and practicing computational
biology in the region is also estimated to boost the market growth.
The
research is global in nature and covers detailed analysis on the market in
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden,
Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising market size, Y-O-Y growth &
opportunity analysis, market players’ competitive study, investment
opportunities, demand for future outlook etc. has also been covered and
displayed in the research report.
Browse full Report summary: - https://www.researchnester.com/reports/computational-biology-market/3921
Growing
Investment in R&D Activities to Boost the Market Growth
According to the data by the World Bank,
2.203% of the global gross domestic product (GDP) was spent for research and
development activities in the year 2018.
Increasing
research and development activities is estimated to majorly drive the market
growth, as research activities require the knowledge of computational biology
to study human genomes. Furthermore, the high investment in R&D activities
by the government and private companies, is further estimated to boost the
market growth.
However, lack of enough number of
researchers and trained professionals is expected to operate as key restraint to the growth of global
computational biology market over
the forecast period.
This report also provides the existing
competitive scenario of some of the key players of the global
computational biology market which
includes company profiling of Certara
Inc., Instem Group, Compugen, Chemical Computing Group ULC, Rhenovia Pharma
SAS, Nimbus Discovery LLC, Rhenovia Pharma SAS, Insilico Biotechnology AG, Genedata
AG, and Dassault Systèmes SE. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global
computational biology market that
will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the
ongoing and expected trends in the future.
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Sample@ https://www.researchnester.com/sample-request-3921
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
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strategy, expansion and investment etc. We believe every business can expand to
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