15/07/2023
Report Linker on Computational Biology Global Market Report 2023
Major players in the computational biology market are Accelrys, Certara, Chemical Computing Group Inc., Compugen Ltd., Entelos, Inc., Genedata AG, Rhenovia Pharma SAS, Simulation Plus Inc., Schrodinger, Leadscope, Agilent Technologies, Inc., Biomax Informatics AG, DNAnexus, Inc., SOPHiA GENETICS, and Waters Corporation.
The global computational biology market grew from $5.97 billion in 2022 to $7.15 billion in 2023 at a compound annual growth rate (CAGR) of 19.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The computational biology market is expected to grow to $15.07 billion in 2027 at a CAGR of 20.5%.
The computational biology market includes revenues earned by entities by providing biological notions rigor and verifiability, as well as by offering a framework that connects diverse insights.The market value includes the value of related goods sold by the service provider or included within the service offering.
Only goods and services traded between entities or sold to end consumers are included.
Computational biology refers to the field of science that teaches students how to use computer science, statistics, and mathematics to solve biological problems. A wide range of biological disciplines, including genomics/genetics, biophysics, cell biology, biochemistry, and evolution, are included in computational biology.
North America was the largest region in the computational biology market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The regions covered in the computational biology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of computational biology are in-house and contract.The in-house market consists of sales of computational biological solutions that are performed within a company.
# Computational Biology
The firm uses its own employees and time to perform a business activity, such as financing or brokering.The various tools applied are databases, infrastructure (hardware), and analysis software and services that are used in applications such as cellular and biological simulation, drug discovery and disease modelling, and clinical trials.
Link: https://www.reportlinker.com/p06323507/Computational-Biology-Global-Market-Report.html?utm_source=GNW
