Precision Business Insights has published a report on the global computational biology market, estimating its value at USD 5,200 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 14.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/computational-biology-market
The Computational Biology Market includes the creation and implementation of computational tools, such as mathematical modeling, simulation, and data analytics, to better understand biological systems and processes. It combines fields such as biology, computer science, and statistics to evaluate large datasets from genomes, proteomics, and clinical studies.
Drivers:
- Rising establishment of bioinformatics centers and funding for computational biology research, especially in emerging markets.
- Surge in genome sequencing and omics data generation drives demand for advanced computational tools.
The global computational biology market segmentation:
1) By Service: Database, Infrastructure & Hardware, Software Platform
2) By Application: Drug Discovery & Disease Modelling, Preclinical Drug development, Clinical Trial, Computational Genomics, Computational Proteomics, Others
3) By End User: Academic & Research, Industrial
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Regional Overview:
The report also examines the current concerns and their Future Effects on the computational biology market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the computational biology market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Aganitha AI Inc., Compugen, DNAnexus, Inc., Fios Genomics, Genedata AG, Illumina, Inc., Schrodinger, Inc., QIAGEN, Simulations Plus, Inc., Thermo Fisher Scientific, Inc
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