The growing application of computational biology in proteomics, genomics, and epigenomics, & gene sequencing is driving the demand for the market.
CANADA, BC, VANCOUVER, November 8, 2021 /EINPresswire.com/ — The latest research report, titled ‘Global Computational Biology Market’, can be considered a profound analysis of the global Computational Biology industry that focuses on crucial data and information pertaining to the sales and revenue shares. 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. Furthermore, the report also covers a present and future impact analysis of the pandemic on market growth. Computational biology is used to analyze biological data such as cell populations, genetic sequences, and protein samples and also discover new predictions.
The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Computational Biology market. 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 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 commercial end-use segment dominated the computational biology market. Increased usage of the technology for personalized medicine and drug designing by pharmaceutical companies is propelling its demand. Several genetic disorders require specific customized treatment, which is creating a trend for personalized medicine.
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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 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 on the global Computational Biology market presents the expected growth rate and market value the market is expected to achieve in the coming years.
Key participants include Chemical Computing Group, Compugen, Simulation Plus, Genedata, Certara, Insilico Biotechnology, Accelrys, Rhenovia Pharma, Entelos, Nimbus Discovery, among others.
The advent of innovative technologies such as sequencing, and high-throughput experimental methods like yeast two-hybrid, microarray, and chip-chip assays are generating a demand for mathematical modeling, analytical methods, and simulations for effective and hassle-free analysis of the data. Advancement in technology has opened up many options for innovation in the healthcare sector. Increased government funding, investments in research and development, and a rise in demand for predictive modeling for usage in various sequencing projects are driving the demand for the computational biology market.
Global Computational Biology Market Report – Segmental Analysis:
Key Reasons to Buy This Report:
The report presents a thorough examination of the Computational Biology market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
To learn more details about the Global Computational Biology Market report, visit @ https://www.emergenresearch.com/industry-report/computational-biology-market
The report aims to deliver a comprehensive understanding of the Computational Biology market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Key Geographies Profiled in the Report:
North America(the U.S., Mexico, and Canada)
Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
Europe(the U.K., France, Germany, and Rest of Europe)
Latin America(Brazil and Rest of Latin America)
Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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)
Application Outlook (Revenue, USD Billion; 2017-2027)
Cellular & Biology Simulation
Infrastructure / Hardware
Software & Services
Drug discovery and disease modeling
Pre-clinical drug development
Human Body Simulation Software
End-Use Outlook (Revenue, USD Billion; 2017-2027)
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Computational Biology Market Segmentation & Impact Analysis
4.1. Computational Biology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Rising demand for customized medicine
126.96.36.199. Increased cost of drug discovery process
4.2.3. Market restraints analysis
188.8.131.52. Lack of skilled professionals to operate computational biology
184.108.40.206. Requirement of different algorithms for different sequences
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Computational Biology Market By Service Type Insights & Trends Revenue (USD Million)
5.1. Service Type Dynamics & Market Share, 2019 & 2027
Key Questions Answered in the Report:
What are the key growth driving and restraining factors of the Computational Biology market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Computational Biology market and its key segments?
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