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Computational Biology Market

Computational Biology Market

Computational Biology Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

158

Base Year:

2022

Date

Feb - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1302

Segments Covered
  • By Application By Application Cellular & Biological Simulation, Drug Discovery & Disease Modelling, Preclinical Drug Development, Clinical Trials, Human Body Simulation Software
  • By Services By Services In-house, Contract
  • By End-Use By End-Use Academics, Industry, Commercial
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 4.71 Billion
Revenue 2030Revenue 2030: USD 17.46 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 17.80%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
Computational Biology Market Share

Market Synopsis:

Global Computational Biology Market is valued at USD 4.71 Billion in 2022 and is projected to attain a value of USD 17.46 Billion by 2030 at a CAGR of 17.80% during the forecast period, 2022–2028. Computational Biology is an inter-disciplinary applied science that studies biological systems using mathematical, theoretical, and computer simulation models based on basic biology concepts. The rise in R&D for drug development, need for predictive models, use in population-based sequencing efforts like the human genome project, and government financing are all driving market expansion.

Computational Biology Market Size, 2022 To 2030 (USD Billion)

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Computational Biology uses computer-aided biological models to generalize methods and properly depict simulations in virtual space to review difficulties in biological models. Computational genetics is a branch of Computational Biology that studies genomic homology and internal biological systems through genome sequencing. One of the most notable examples is the Human Genome Project, which successfully sequenced the whole human genome. Computational Biology is used in neurology to see and comprehend three-dimensional simulation models of the brain by mapping complicated interconnected pathways. In the drug development process, computational pharmacology makes use of computer-aided visualization techniques to simulate advanced drug-drug interactions.

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Rising R&D Funding and Growing Initiatives

Growing drug discovery R&D, demand for predictive models, use in population-based sequencing efforts like the human genome project, and government financing are all driving the market forward. For example, in March 2019, Ambrx Inc., a clinical-stage bio-pharmaceutical firm specializing in protein treatments, struck a research and development agreement with BeiGene, Ltd., a commercial-stage pharmaceutical company specializing in immuno-oncology medication development. Ambrx has developed a unique Expanded Genetic Code platform that allows non-natural amino acids to be incorporated into protein sequences in E. coli and Chinese Hamster Ovary (CHO) cells. Both companies will use Ambrx's drug discovery platforms in conjunction with the latter's expertise and resource pool to produce clinically advanced biologic products.

Market Segmentation:

The Global Computational Biology Market has been segmented by Application into Cellular & Biological Simulation, Drug Discovery & Disease Modelling, Pre-clinical Drug Development and Clinical Trials. By Services, into In-house and Contract. By End-Use into Academics, Industry and Commercial. Based on Region, the Computational Biology Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

The Computational Biology market is divided into five categories based on application: cellular and biological simulation, drug discovery and illness modelling, pre-clinical drug development, clinical trials, and human body simulation software. Computational genomics and proteomics, pharmacogenomics, and other types of cellular and biological simulation exist. Target identification, target validation, lead finding, and optimization are all parts of drug discovery and disease modelling. Pharmacokinetics and pharmacodynamics are two subcategories of pre-clinical development. Clinical trials are divided into three phases: phase I, phase II, and phase III.

North America to Continue Dominating the Computational Biology Market

North America, Europe, and Asia Pacific accounted for the greatest proportion of the Computational Biology market in 2021. Factors such as the increase in the number of well-established Computational Biology companies and research institutes in the United States and Canada, a large number of ongoing research studies, and the overall growth of the healthcare sector on a global scale are among the few factors expected to contribute to the market's growth. One of the primary causes leading to the growing demand for Computational Biology techniques and technologies among academic and research organisations, as well as healthcare firms in North America, is increased R&D spending.

Key Players:

Some of the key players in the Computational Biology market are Chemical Computing Group Inc.; Compugen Ltd.; Simulation Plus Inc.; Genedata AG; Certara; Insilico Biotechnology AG; Accelrys; Rhenovia Pharma SAS; Entelos; Nimbus Discovery LLC; and Rhenovia Pharma SAS.

The Computational Biology market is segmented as follows:

Parameter Details
Segments Covered

By Application

  • Cellular & Biological Simulation
  • Drug Discovery & Disease Modelling
  • Preclinical Drug Development
  • Clinical Trials
  • Human Body Simulation Software

By Services

  • In-house
  • Contract

By End-Use

  • Academics
  • Industry
  • Commercial

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Dassault Systèmes SE (France)
  • Chemical Computing Group ULC (Canada)
  • Genedata AG (Switzerland)
  • Instem PLC (UK)
  • Compugen Ltd (Israel).
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis
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The Computational Biology market tabulated as below:

FAQ
Frequently Asked Question
  • The global Computational Biology valued at USD 4.71 Billion in 2022 and is expected to reach USD 17.46 Billion in 2030 growing at a CAGR of 17.80%.

  • The prominent players in the market are Dassault Systèmes SE (France), Chemical Computing Group ULC (Canada), Genedata AG (Switzerland), Instem PLC (UK) , Compugen Ltd (Israel)..

  • The market is project to grow at a CAGR of 17.80% between 2023 and 2030.

  • The driving factors of the Computational Biology include

    • Rising R&D Funding and Growing Initiatives

  • North America was the leading regional segment of the Computational Biology in 2022.