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Computational Biology Market | Coherent Market Insights


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Title: Computational Biology Market | Coherent Market Insights

Coherent Marketing Insights
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  • Computational Biology Market, By Type (Cellular
    Biological Simulation (Computational Genomics,
    Computational Proteomics, Pharmacogenomics,
    Others (Transcriptomics/Metabolomic)), Disease
    Modeling and Simulation Applications (Drug
    Discovery, Drug Development)), By Tools
    (Content/Database, Analysis Software Services,
    IT Infrastructure (Hardware)), and By Region
    (North America, Latin America, Europe, Asia
    Pacific, Middle East Africa) - Size, Share,
    Outlook, and Opportunity Analysis, 2020 - 2027

  • Computational biology focuses on the development
    and application of data-analytical and
    theoretical methods, mathematical modeling and
    computational simulation techniques in life
  • Statistics
  • The global computational biology market is
    estimated to account for US 12,601.1 Mn in terms
    of value by the end of 2027.
  • Global Computational Biology Market Drivers
  • High cost of drug development is expected to
    propel growth of the global computational biology
    market over the forecast period. For instance,
    according to an analysis published in JAMA in
    March 2020, U.S. biopharmaceutical companies
    spent around US 1 billion to bring each of their
    new drugs to market between 2009 and 2018.
  • Moreover, several benefits of computational
    biology are also expected to aid in growth of the
    market. Predictive modeling tools in
    computational biology can provide invaluable
    information to better streamline drug development
    process. Predictive modelling helps to reduce the
    total number of recruited patients and to shorten
    the duration of clinical trials.

  • Statistics
  • North America held dominant position in the
    global computational biology market in 2019,
    accounting for 44.2 share in terms of value,
    followed by Europe and Asia Pacific, respectively
  • Figure 1 Global Computational Biology Market
    Share () Value, By Region, 2019

  • Global Computational Biology Market Restraints
  • Enormous data with lack of standardization has
    limited the growth of computational biology
    market. There is rise in need for combination of
    the available software to build a composite
    application for current single task tools. The
    tools should be compatible with each other and
    should be able to use the same data effectively.
    User friendly databases are needed to reduce the
    time and effort currently being spent on the
    analysis of petabytes of data available with
    institutions and governments across the world.
  • Moreover, issues with data storage and
    organization are also limiting growth of the
    market. Rapid data accumulation poses challenges
    in organizing the data as it is diverse and may
    belong to populations, disease associations,
    symptoms, therapeutic drugs, and others.

Computational Biology Market Report Coverage

  • Global Computational Biology Market
  • Developing computer networks for surveillance of
    disease and mapping the pathways and biological
    networks associated with the initiation is
    expected to offer lucrative growth opportunities
    for players in the global computational biology
  • Moreover, increasing prevalence of chronic
    disorders is also expected to aid in growth of
    the market. For instance, according to the
    American Cancer Society, in 2019, there will be
    an estimated 1,762,450 new cancer cases diagnosed
    and 606,880 cancer deaths in the U.S.
  • Statistics
  • The global computational biology market was
    valued at US 3,453.2 Mn in 2019 and is forecast
    to reach a value of US 12,601.1 Mn by 2027 at a
    CAGR of 17.6 between 2020 and 2027.

Figure 2 Global Computational Biology Market
Value (US Mn), 2016 2027

  • Market Trends/Key Takeaways
  • Increasing focus on reducing cost of drug
    development has led to manufacturers to adopt 3D
    modeling systems to analyze samples. Use of 3D
    modeling systems aids in recording rare cell
    events, accurate cell counts, improved
    sensitivity of detection, thereby accelerating
    the drug discovery process.
  • Major players in the market are focused on
    launching products and services that aid in
    treatment and management of Covid-19. For
    instance, in April 2020, Certara L.P. launched
    the COVID-19 Pharmacology Resource Center to help
    advance therapeutics for COVID-19.
  • Global Computational Biology Market Competitive
  • Major players operating in the global
    computational biology market include, Accelrys,
    Certara, L.P., Chemical Computing Group Inc.,
    Compugen, Ltd., Entelos, Inc. (Rosa Co. LLC),
    Genedata AG, Insilico Biotechnology AG,
    Leadscope, Inc., Nimbus Discovery LLC, Rhenovia
    Pharma SAS, Schrodinger, and Simulation Plus,

  • Global Computational Biology Market Key
  • Major players in the market are focused on
    launching new products to expand their product
    portfolio. For instance, in May 2020, Genedata,
    AG launched Genedata Imagence 2.0, the latest
    version of its enterprise software for
    high-content screening (HCS) image analysis.
  • Major players in the market are also focused on
    adopting collaboration strategies to enhance
    their market share. For instance, in March 2019,
    Rosa Co. LLC collaborated with Chugai
    Pharmaceutical Co., Ltd. Under the collaboration
    Rosa Co. LLC will provide its PhysioPD research
    services for RD in multiple therapeutic areas.

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    Market Insights 1001 4th Ave, 3200 Seattle, WA
    98154, U.S.Phone 1-206-701-6702
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