DUBLIN, Aug. 20, 2018 /PRNewswire/ —
The “Global Computational Biology Market – Segmented by Application, Tools, Services, End-User and Geography – Growth, Trends and Forecasts (2018 – 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global computational biology market is expected to register a CAGR of 19.5% during the forecast period (2018-2023).
Increase in Bioinformatics Research
Bioinformatics is the use of IT in biotechnology for the data storage, data warehousing and analyzing the DNA sequences. There are many applications of bioinformatics and its usage has been seen in Microbial genome applications, Molecular medicine, Personalized medicine, Preventative medicine, Gene therapy, Drug development, Antibiotic resistance, Evolutionary studies, Waste cleanup, Biotechnology and many other places. This has led to an increasing research in this field, which further requires the use of computational methods.
Also, increasing number of clinical studies in pharmacogenomics and pharmacokinetics for novel drug development and growth of drug designing, disease modeling and personalized medicine are some other drivers of the market.
Lack of Trained Professionals
Computational biology involves development and application of software, analytical and theoretical methods, mathematical modelling and other computational techniques used for study of biological, behavioral and social systems. This development and application requires use of trained professionals so as to make correct analysis. However, due to the lack of properly trained professionals hampers the market growth.
North America to Dominate the Market
The global computational biology market is segmented by drug type, therapeutic indication and geography. By geography, it is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa and South America.
North America dominates the market due to growing initiatives and investments for R&D of drug discovery, novel drugs, disease modeling, and technological advancements in biological computations.
Key Developments in the Market
- February 2018: Certara has recently acquired BaseCase, a Life Sciences Data Visualization company.
- February 2018: Schrdinger launched Cryo-EM Initiative (SCI) to develop breakthrough medicines using cryo-electron microscopy (Cryo-EM) technology.
Key Topics Covered
1.1 Market Definition
- Research Methodology
5.1 Current Market Scenario
5.2 Porter’s Five Forces
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threats of New Entrants
5.2.4 Threat of Substitute Products and Services
5.2.5 Competitive Rivalry within the Industry
- Drivers, Restraints, Opportunities And Challenges Analysis (Droc)
6.1 Market Drivers
6.1.1 Increase in Bioinformatics Research
6.1.2 Increasing Number of Clinical Studies in Pharmacogenomics and Pharmacokinetics
6.1.3 Growth of Drug Designing, Disease Modeling, and Personalized Medicine
6.2 Market Restraints
6.2.1 Lack of Trained Professional
6.4 Key Challenges
- Market Segmentation
7.1 By Application
7.1.1 Cellular & Biological Simulation
126.96.36.199 Computational Genomics
188.8.131.52 Computational Proteomics
184.108.40.206 Other Cellular and Biological Simulations (Transcriptomics/Metabolomics)
7.1.2 Drug Discovery and Disease Modelling
220.127.116.11 Target Identification
18.104.22.168 Target Validation
22.214.171.124 Lead Discovery
126.96.36.199 Lead Optimization
7.1.3 Preclinical Drug Development
7.1.4 Clinical Trials
188.8.131.52 Phase I
184.108.40.206 Phase II
220.127.116.11 Phase III
7.1.5 Human Body Simulation Software
7.2 By Tools
7.2.3 Analysis Software & Services
7.3 By Services
7.4 By End – User
7.5 By Geography
7.5.1 North America
18.104.22.168 United States
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
188.8.131.52 South Korea
184.108.40.206 Rest of APAC
7.5.4 Middle East & Africa
220.127.116.11 South Africa
18.104.22.168 Rest of Middle East & Africa
7.5.5 South America
22.214.171.124 Rest of South America
- Competitive Landscape
8.1 Mergers And Acquisition Analysis
8.2 Agreements, Collaborations & Partnerships
8.3 New Products Launches
- Key Players
9.1 Dassault Systemes
9.3 Chemical Computing Group Inc.
9.4 Compugen Ltd.
9.5 Rosa & Co. LLC (Acquired Entelos)
9.6 Genedata AG
9.7 Insilico Biotechnology AG
9.8 Leadscope Inc
9.9 Nimbus Discovery LLC
9.10 Strand Life Sciences
9.12 Simulation Plus Inc.
- Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/3bp8xk/global?w=5
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