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Computational Biology Market Size To Witness Huge Revenue and Growth Revenue Acceleration by 2027

Unknown     08/17/2022 10:47:25    227    Share


The Global Computational Biology Market Report offers extensive knowledge and information about the Computational Biology Market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Computational Biology Market further validated and verified by the experts and professionals. The Global Computational Biology Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Computational Biology Market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

The global Computational Biology Market is forecasted to be worth USD 16.58 Billion by 2027, according to a current analysis by Emergen Research. Computational biology is used to analyze biological data such as cell populations, genetic sequences, and protein samples and also discover new predictions.

Several companies are doing clinical studies in pharmacogenomics, and an increase in the number of clinical trials will propel the demand for the market in the coming years. An upsurge in the design and development of personalized medicine and disease modeling will also impact the demand. Computational biology also reduces the risk of human involvement in the clinical testing process, which further boosts the demand for the market’s product.  

Key participants include:Chemical Computing Group, Compugen, Simulation Plus, Genedata, Certara, Insilico Biotechnology, Accelrys, Rhenovia Pharma, Entelos, Nimbus Discovery, among others.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/173

Key Highlights From The Report

  • In July 2020, the U.S. Department of Energy announced a funding of USD 5 million in computational biology for six new research projects. The purpose of the funding is to develop new analytical tools and software for managing an increase in the quantity of genomics and other data resulting from the study of microbes and other biological systems.
  • The In-House service-type segment is anticipated to grow with the fastest CAGR of 22.8% during the forecast period. Several Biopharma companies are undertaking clinical trials in their own buildings to avoid extra cost and also to prevent the risk of leakage of their pipeline projects. Moreover, as technology is becoming affordable, more companies are opting for in-house service.
  • The cellular & biology simulation segment is driven due to the high demand from computational genomics. The segment will witness growth owing to recent developments in IT technologies and cloud computing. Computational genomics is more specifically used for pattern recognition and analysis problems such as motif finding, gene finding, gene function prediction, evolutionary models, and fusion of sequence and expression information.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/computational-biology-market

For the purpose of this report, Emergen Research has segmented into the global Computational Biology Market on the basis of service-type, application, end-use, and region:

  • Service-Type Outlook (Revenue, USD Billion; 2017-2027)
    • In-House
    • Contract
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Cellular & Biology Simulation
      1. Computational Genomics
        • Database
        • Infrastructure / Hardware
        • Software & Services
      2. Computational Proteomics
      3. Pharmacogenomics
      4. Others
    • Drug discovery and disease modeling
      1. Target identification
      2. Target Validation
      3. Lead Discovery
      4. Lead Optimization
    • Pre-clinical drug development
      1. Pharmacokinetics
      2. Pharmacodynamics
    • Clinical trials
      1. Phase I
      2. Phase II
      3. Phase III
    • Human Body Simulation Software
  • End-Use Outlook (Revenue, USD Billion; 2017-2027)
    • Academics
    • Industry

   Tags: Computational Biology Market Demand, Computational Biology Market Growth, Computational Biology Market Revenue, Computational Biology Market Forecast,

   IDs: 2978

   Titles: Computational Biology Market Size To Witness Huge Revenue and Growth Revenue Acceleration by 2027




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