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Computational Biology Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Computational

The “Computational Biology Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Computational Biology market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Computational Biology market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The global computational biology market was valued at USD 2,327.06 million in 2018, and is estimated to be valued at USD 6,790.06 million in 2024, witnessing a CAGR of 19.54%. Factors that are responsible for the growth of the market include increase in bioinformatics research, increasing number of clinical studies in pharmacogenomics and pharmacokinetics, and growth of drug designing and disease modeling.
  • Bioinformatics is recognized as part of the essential knowledge base of numerous career paths in biomedical research and healthcare. The field of bioinformatics and computational biology has gone through a number of transformations over the past 15 years, establishing itself as a key component of new biology. The use of bioinformatics tools in life sciences has become necessary to analyze experimental data. The huge amounts of data pose a challenge for the biological community, as most biologists are not familiar with informatics and statistical interpretation. An interdisciplinary collaboration was started with an aim to address the need for biologists to understand biological data.
  • Recent improvements in bioinformatics include capacity-building through activities, such as research funding and training opportunities. Increased funding in bioinformatics is helping in creating more advancements in the field of computational biology.

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    In Computational Biology Market Report, Following Companies Are Covered:

  • Dassault Systèmes SE
  • Certara
  • Chemical Computing Group ULC
  • Compugen Ltd
  • Rosa & Co. LLC
  • Genedata AG
  • Insilico Biotechnology AG
  • Leadscope Inc.
  • Nimbus Discovery LLC
  • Strand Life Sciences
  • Schrodinger
  • Simulation Plus Inc.

    Computational Biology Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Computational biology uses biological data for developing algorithms to understand biological systems and relationships.

    Reasons for Buying Computational Biology Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Commercial Sub-segment is Expected to hold its Highest Market Share in the End User Segment

    In the end user segment of the market, the commercial sub-segment is believed to have the largest market size and is expected to witness a CAGR of 19.87% during the forecast period.

    Computational biology has a wide range of applications in the fields of genomics, proteomics, pharmacogenomics, and drug discovery. For drug discovery and clinical trials, many companies approach third-party services, who have to maintain computational biology setups for carrying out various drug discovery processes. Many third-party services and small laboratories that maintain computational biology setups are expected to gain huge profits, as they successfully reduce the overall time needed for drug discovery and various other scientific experiments.

    The software and databases are relatively costlier, and the cost of drug discovery processes vary across countries, which makes many industries opt for outsourcing, thereby, leading to an increased demand for small laboratories and other commercial companies. Hence, with the increase in bioinformatics research, the increasing number of clinical studies in pharmacogenomics and pharmacokinetics, and the growth of drug designing, disease modeling, and personalized medicine, the demand for computational biology for commercial purposes is expected to increase, thereby, driving the market during the forecast period.

    North America Dominates the Market and is Expected to do the Same in the Forecast Period

    North America currently dominates the market for computational biology and is expected to continue its stronghold for a few more years. The United States is the leading nation in the field of synthetic biology, which is an emerging discipline involving the creation, control, and reprogramming of biological systems. Since 2005, the US government has channeled more than USD 1 billion for the development of computational biology and synthetic biology. The annual average expenditure for the development of computational biology, by the US government, has been estimated to be USD 140 million.

    The overall market for computational biology in the United States is scheduled to grow manifold, over the forecast period, primarily due to high expenditure in drug development endeavors (highest in the world).

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Computational Biology create from those of established entities?

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    Detailed TOC of Computational Biology Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increase in Bioinformatics Research
    4.2.2 Increasing Number of Clinical Studies in Pharmacogenomics and Pharmacokinetics
    4.2.3 Growth of Drug Designing and Disease Modeling
    4.3 Market Restraints
    4.3.1 Lack of Trained Professionals
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Cellular and Biological Simulation
    5.1.1.1 Computational Genomics
    5.1.1.2 Computational Proteomics
    5.1.1.3 Pharmacogenomics
    5.1.1.4 Other Cellular and Biological Simulations (Transcriptomics/Metabolomics)
    5.1.2 Drug Discovery and Disease Modelling
    5.1.2.1 Target Identification
    5.1.2.2 Target Validation
    5.1.2.3 Lead Discovery
    5.1.2.4 Lead Optimization
    5.1.3 Preclinical Drug Development
    5.1.3.1 Pharmacokinetics
    5.1.3.2 Pharmacodynamics
    5.1.4 Clinical Trials
    5.1.4.1 Phase I
    5.1.4.2 Phase II
    5.1.4.3 Phase III
    5.1.5 Human Body Simulation Software
    5.2 By Tool
    5.2.1 Databases
    5.2.2 Infrastructure (Hardware)
    5.2.3 Analysis Software and Services
    5.3 By Service
    5.3.1 In-house
    5.3.2 Contract
    5.4 By End User
    5.4.1 Academics
    5.4.2 Industry
    5.4.3 Commercial
    5.5 Geography
    5.5.1 North America
    5.5.1.1 United States
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 United Kingdom
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East & Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East & Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Dassault Systèmes SE
    6.1.2 Certara
    6.1.3 Chemical Computing Group ULC
    6.1.4 Compugen Ltd
    6.1.5 Rosa & Co. LLC
    6.1.6 Genedata AG
    6.1.7 Insilico Biotechnology AG
    6.1.8 Leadscope Inc.
    6.1.9 Nimbus Discovery LLC
    6.1.10 Strand Life Sciences
    6.1.11 Schrodinger
    6.1.12 Simulation Plus Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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