Computational Biology Market Size
Market Outlook:
Computational Biology Market size surpassed USD 4.96 Billion in 2023 and is set to exceed USD 25.79 Billion by end of the year 2032, growing at over 20.1% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 4.96 Billion
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
20.1%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 25.79 Billion
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
Asia Pacific
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:1. Increasing demand for personalized medicine and healthcare solutions
2. Advancements in genomics and bioinformatics technologies
3. Rising adoption of computational biology in drug discovery and development
4. Growing investments in research and development of computational biology solutions
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | End-User, Application |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Accelrys, Chemical Computing Group, Entelos, In-silico Biotechnology AG, Nimbus Discovery LLC, Rhenovia Pharma SAS, Certara, Compugen, Generate AG, Leadscope |
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1. Lack of skilled professionals in computational biology
2. Data security and privacy concerns
3. High cost of computational biology software and technologies
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