The computational biology market is estimated to be worth USD 25.3 billion by 2028, at a CAGR of 17.4%; leading providers Google, Lyrebird, Nuance Communications, Baidu, Microsoft, AWS

According to MarketDigit’s Computational Biology Market, the computational biology market was valued at US$25.3 billion in 2021 and is estimated to reach US$25.3 billion by 2028, growing at a CAGR of 17.4% over the forecast period 2022-2028.

The Computational Biology Market report includes segments by Application (Cell Biological Simulation, Drug Discovery, Disease Modeling, Other), Services (Internal, Contract), End Use (Academies, Commercial, Pharmaceutical), Region and Forecast to 2028. The Computational Biology Market Size, current trends, growth, share, development status, market dynamics, cost structure and competitive landscape are also provided in this study. The research paper also discusses the current market and its growth potential during the forecasted timeframe.

Computational Biology Market Insights:

The key drivers of the computational biology market are the growing demand in bioinformatics research to boost computational biology globally and the exponential growth of sequence databases driven by genome sequencing initiatives has further fueled the demand for bioinformatics tools and expertise elevated. Data mining, also known as data discovery, and in-depth data analysis to identify data trends have grown in popularity over time and help extract interesting, non-trivial, implicit, previously unrecognized, and potentially significant information from data. Hence, the growth of computational biology infrastructure in developing countries is contributing to the market expansion. The perception of modern man’s role in the world has evolved as a result of the merging of biology and computer technology. Researchers could use the computer to access genetic and anatomical information, as well as new insights into human evolution. To make it easier to work with huge amounts of data, data exchange, storage and high-performance computing were developed. Companies in the pharmaceutical and biotechnology industries are constantly searching for novel treatments and methods to better understand how proteins interact.

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Pre-Post Impact Of Covid-19 On Computational Biology Market:

COVID-19 started in Wuhan, China in December 2019 and has since spread rapidly around the world. In terms of confirmed cases and reported deaths, the hardest-hit countries include the US, India, Brazil, Russia, France, the UK, Turkey, Italy and Spain. Due to lockdowns, travel restrictions and business closures, COVID-19 is impacting the businesses and industries of numerous nations. The closure of numerous plants and factories has had a negative impact on production, delivery dates and the sale of goods on the international market. Only a few companies have already warned of possible delivery delays and a possible drop in sales. Additionally, the international travel bans imposed by nations in Europe, Asia-Pacific and North America are impacting opportunities for corporate alliances and collaborations.

Top Key Players of Computational Biology Market:

Google, Lyrebird, Nuance Communications, Baidu, Microsoft, AWS, AT&T, NeoSpeech, Smartbox Assistive Technology, exClone, LumenVox, Kata.Ai, Alt.Ai, CereProc, Acapela Group, VocaliD, Voicery, Aristech, Cepstral, Ispeech, VivoText, Voctro Labs, rSpeak and Candy Voice and others.

Computational Biology Market Scope and Market Size:

The main findings of this report are market statistics with detailed classifications and splits by revenue. Computational Biology by Component, Deployment Mode, Application, Industry and Region. Players, stakeholders and other participants in the global Computational Biology Market can take a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on sales and forecast by region/countries and by application in terms of sales and forecast for the period 2021-2027. Detailed competitive landscape with identification of the major players in relation to each type of market, detailed market share analysis with individual sales, market shares and company rankings.

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Report on further studies of the Computational Biology market development status and future and market trend around the world. Also, Computational Biology market segmentation is split by component, deployment mode, application, vertical and region to facilitate in-depth research and market profile and prospect are revealed.

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Segmentation analysis of Computational Biology Market:

Main segmentations are distributed as follows:

through application

  • Cell biological simulation
  • drug discovery
  • disease modeling, others

After services

According to end use

  • academies
  • Commercially
  • pharmacy

Reason to buy this Computational Biology Market Report:

  • Determine potential investment areas based on a detailed trend analysis of the global computational biology market over the next few years.
  • Gain a deep understanding of the underlying factors driving demand for various and computational biology market segments in the top spending countries worldwide and identify the opportunities presented by each of them.
  • Improve your market understanding in relation to demand drivers, industry trends and the latest technological developments, among others.
  • Identify the major channels driving the global Computational Biology market and get a clear picture of future opportunities to be exploited and result in increase in sales.
  • Channelize resources by focusing on the ongoing programs being carried out by the diverse countries in the global Computational Biology Market.
  • Make correct business decisions based on an in-depth analysis of the overall competitive landscape of the sector with detailed profiles of the leading Computational Biology Market vendors around the world, containing information on their products, alliances, recent deals and financial analysis when available.

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