The Global Computational Biology Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Computational Biology industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Computational Biology market along with crucial statistical data about the Computational Biology market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027.

The global Computational Biology Market is forecasted to be worth USD 16.58 Billion by 2027, according to a current analysis by Emergen Research. Computational biology is used to analyze biological data such as cell populations, genetic sequences, and protein samples and also discover new predictions.

The advent of innovative technologies such as sequencing, and high-throughput experimental methods like yeast two-hybrid, microarray, and chip-chip assays are generating a demand for mathematical modeling, analytical methods, and simulations for effective and hassle-free analysis of the data. Advancement in technology has opened up many options for innovation in the healthcare sector.

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COVID-19 Impact Analysis:

The current COVID-19 pandemic is expected to have an effect on the growth of the Computational Biology industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Computational Biology sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Computational Biology industry.

Key Highlights From The Report

  • In July 2020, the U.S. Department of Energy announced a funding of USD 5 million in computational biology for six new research projects. The purpose of the funding is to develop new analytical tools and software for managing an increase in the quantity of genomics and other data resulting from the study of microbes and other biological systems.
  • The In-House service-type segment is anticipated to grow with the fastest CAGR of 22.8% during the forecast period. Several Biopharma companies are undertaking clinical trials in their own buildings to avoid extra cost and also to prevent the risk of leakage of their pipeline projects. Moreover, as technology is becoming affordable, more companies are opting for in-house service.

Top competitors of the Computational Biology Market profiled in the report include:

  • Chemical Computing Group
  • Compugen
  • Simulation Plus
  • Genedata
  • Certara
  • Insilico Biotechnology
  • Accelrys
  • Rhenovia Pharma

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Computational Biology market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

To get access to the complete report on the Computational Biology market, click on the link mentioned here: @https://www.emergenresearch.com/industry-report/computational-biology-market

Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the Computational Biology market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments.

The report classifies the global Computational Biology market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

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