Wordwide Computational Biology Market Will reach an estimated value of USD 2,937.3 million in 2018.: Transparency Market Research

Wordwide Computational Biology Market Will reach an estimated value of USD 2,937.3 million in 2018.: Transparency Market Research

Transparency Market Research

Market Research Reports : Transparency Market Research published new market report “Computational Biology (Pharmacodynamics, Cellular Modeling, Computational Genomics, Proteomics, Pharmacogenomics, Pharmacokinetics, Human Simulation Software, Drug Discovery & Development) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018,” in 2013, the global computational biology market was valued at USD 760 million and is expected to grow at a CAGR of 21.3% from 2012 to 2018 to reach an estimated value of USD 2,937.3 million by 2018

Browse the full report with TOC at http://www.transparencymarketresearch.com/computational-biology.html

Computational biology uses sequencing, databases and supercomputers for analysis and algorithm formation to predict the molecules that can be taken for drug identification and lead optimization. Setbacks in drug discovery with absence of potential blockbusters in the market coupled with cost containment issues faced by major drug manufacturers has compelled the major players to shift their focus to newer methods of drug discovery in order to help accelerate the drug development process and bring down R&D expenditure.

The drug discovery market is the fastest growing segment and is anticipated to grow at a CAGR of more than 25% from 2012 to 2018. The use of computational biology for drug discovery now offers manufacturers a method to reduce R&D expenditure and to reduce chances of late stage failure of drug candidates. Computational software and simulation tools are being used in various stages of drug discovery to minimize the future risks of drug failure in later stages of drug development.

Geographically, North America constituted the largest market in the year 2011. This has been partly due to an encouraging environment for this field created by the US FDA and intense R&D efforts in this region by major pharmaceutical players. The U.S. Federal Government has been supportive through provision of funds for R&D; additionally, academic centres use modelling and simulation for drug discovery. However, Asia is expected to be the fastest growing region due to the emergence of many small regional players as well as lower operating costs as compared to the developed markets.

Browse PDF With TOC :Computational Biology Market – Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 – 2018

The global computational biology market is predominantly ruled by major players namely Schrödinger, Accelrys, Certara, Compugen, Simulation Plus, Entelos and others. The market is oligopolistic and these major players account for almost 80% of the market share.

The global computational biology market is segmented as follows:

Computational Biology Market, By Types

  • Cellular & Biological Simulation
  • Computational Genomics
  • Computational Proteomics
  • Pharmacogenomics
  • Others (Transcriptomics/ Metabolomics)
  • Drug Discovery
  • Preclinical
  • Phase I
  • Phase II
  • Phase III
  • Disease Modeling and Simulation
      • Target Identification
      • Target Validation
      • Lead Discovery
      • Lead Optimization
  • Drug Development
      • Pharmacokinetics
      • Pharmacodynamics
  • Clinical trials
  • Human Body Simulation Software

Computational Biology Market, By Services

  • In-House
  • Contract

Computational Biology Market, By End Users

  • Academics
  • Industry/ Commercial Players

Computational Biology Market, By Geography

  • North America
  • Europe
  • Asia
  • Rest of the World (RoW)
  • Industry/ Commercial Players

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One thought on “Wordwide Computational Biology Market Will reach an estimated value of USD 2,937.3 million in 2018.: Transparency Market Research

  1. Pingback: X Ray Market is Expected to Reach USD 9.1 Billion Globally in 2017 : Transparency Market Research | Medical Devices Market Research & Forecast

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