The global computational biology market size is estimated to be USD 4,876.5 million in 2021 and is expected to witness a CAGR of 21.78% during the forecast period. Accessibility to improved computational tools is a key driver for the growth of the global computational biology market. Additionally, rise in favorable initiatives taken by the government for funding & research, increase in contract research facilities, and increase in contract research facilities are some of the other drivers propelling the market growth. Nevertheless, dearth of skilled professionals to operate computational tools and shortage of process regularization are expected to restrain the global market growth.
Global Computational Biology Market Size (USD Million), 2021-2029
Source: Erevna Healthcare
By Application
Based on application, the market is segmented into drug discovery and disease modeling, cellular & biological simulation, clinical trials, preclinical drug development, and human body simulation software. In 2021, the cellular & biological simulation segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This is attributed to increase in unmet medical needs by both developed and developing economies and growing demand for custom-made medicine worldwide. Drug discovery and disease modeling segment is anticipated to grow at a profitable CAGR during the forecast period. This is attributed to the increase in investments in new drug development along with the rise in occurrence of failures in clinical trials.
By Service
Based on service, the market is segmented into contract and in-house. In 2021, the contract services segment accounted for a substantial revenue share and is expected to grow with a lucrative CAGR during the forecast period. This is owing to the fact that contract services are cheap when compared to the in-house services provided worldwide. In-house service segment is anticipated to grow at a profitable CAGR during the forecast period. This is attributed to the increasing demand for in-house service from the developed economies.
By End User
Based on end user, the market is categorized into industry, academics, and commercial. In 2021, the commercial segment accounted for a substantial revenue share and is anticipated to grow with a lucrative CAGR during the forecast period. This is due to the increasing bioinformatics research, drug planning, and rise in the application of personalized medicine worldwide. The industry segment is anticipated to grow at a profitable CAGR during the forecast period, due to the innovative technological development in the market.
Regional Insights
In 2021, North America held the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the rise in government subsidy for genetic-based studies, growing public and private sector collaborations, increase in share of healthcare expenditure in the per capita income, growth in initiatives from the government, accessibility of technologically advanced products in the region. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the major players increasing their geographical foot print in the region, growing government and corporate investment in healthcare sector, increasing travel tourism in developing economies, and availability of raw materials at economic costs.
Competitor Insights
Some of the key players in the computational biology market are BIOVIA (U.S.); Certara (U.S.); Chemical Computing Group (Canada); Compugen Ltd (Israel); Entelos, Inc. (U.S.); Genedata AG (Switzerland); In-silico Biotechnology AG (Germany); Leadscope Inc. (U.S.); Nimbus Discovery LLC (U.S.); and Rhenovia Pharma SAS (France). The leading players operating in the computational biology industry are adopting various strategies including R&D investments, adaption of advanced techniques, new technology launches, mergers & acquisitions, and regional expansions to capture a maximum revenue share.
This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029. The computational biology market report is categorized into the following segments and subsegments:
Computational Biology Market, By Application (Revenue, USD Million, 2021 – 2029)
- Drug Discovery and Disease Modelling
- Target Identification
- Target Validation
- Lead Discovery
- Lead Optimization
- Cellular & Biological Simulation
- Computational Genomics
- Databases
- Infrastructure (Hardware)
- Analysis Software & Services
- Computational Proteomics
- Pharmacogenomics
- Others (Transcriptomics/Metabolomics)
- Computational Genomics
- Clinical trials
- Phase I
- Phase II
- Phase III
- Preclinical Drug Development
- Pharmacokinetics
- Pharmacodynamics
- Human Body Simulation Software
Computational Biology Market, By Service (Revenue, USD Million, 2021 – 2029)
- Contract
- In-house
Computational Biology Market, By End User (Revenue, USD Million, 2021 – 2029)
- Industry
- Academics
- Commercial
Computational Biology Market, By Region (Revenue, USD Million, 2021 – 2029)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Scope of Computational Biology Market Report:
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Table of Contents: Computational Biology Market 2021-2029
- Research Methodology
- Study Objectives
- Study Scope
- Research Assumptions
- Research Framework
- Research Models
- Bottom-up Approach
- Top-down Approach
- Data Triangulation
- Data Procurement
- Internal Database
- Secondary Research
- Purchased Database
- Primary Research
- Data Analysis
- Data Validation
- Market Size Estimation
- Market Forecast Model
- Quality Assessment
- Research Models
- Introduction: Computational Biology
- Executive Summary
- Global Market Scenario
- Segment Market Scenario
- Geographic Market Scenario
- COVID-19 Impact
- Competitive Landscape
- Market Dynamics
- Market Drivers
- Driver 1
- Driver 2
- Driver 3
- Driver 4
- Driver 5
- Market Restraint
- Restraint 1
- Restraint 2
- Restraint 3
- Restraint 4
- Market Opportunities
- Opportunity 1
- Opportunity 2
- Opportunity 3
- Opportunity 4
- Market Trends
- Trend 1
- Trend 2
- Trend 3
- Trend 4
- Market Challenges
- Challenge 1
- Challenge 2
- Challenge 3
- Challenge 4
- Market Drivers
- Market Environment Analysis
- Porter’s 5 Forces Analysis
- PESTEL Analysis
- Value Chain Analysis
- SWOT Analysis
- Benchmark
- COVID-19 Impact Analysis: Computational Biology Market
- COVID-19: Overview
- COVID-19 Impact on the Global Market
- COVID-19 Impact on the Regional Markets
- Market Analysis by Application
- Drug Discovery and Disease Modelling
- Drug Discovery and Disease Modelling Market Forecast, 2021-2029 (USD Million)
- Cellular & Biological Simulation
- Cellular & Biological Simulation Market Forecast, 2021-2029 (USD Million)
- Clinical trials
- Clinical trials Market Forecast, 2021-2029 (USD Million)
- Preclinical Drug Development
- Preclinical Drug Development Market Forecast, 2021-2029 (USD Million)
- Human Body Simulation Software
- Human Body Simulation Software Market Forecast, 2021-2029 (USD Million)
- Drug Discovery and Disease Modelling
- Market Analysis by Service
- Contract
- Contract Market Forecast, 2021-2029 (USD Million)
- In-house
- In-house Market Forecast, 2021-2029 (USD Million)
- Contract
- Market Analysis by End User
- Industry
- Industry Market Forecast, 2021-2029 (USD Million)
- Academics
- Academics Market Forecast, 2021-2029 (USD Million)
- Commercial
- Commercial Market Forecast, 2021-2029 (USD Million)
- Industry
- Regional Market Analysis
- Regional Market Trends
- Regional Market: Comparative Analysis
- North America Computational Biology Market
- North America Computational Biology Market
- North America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- S. Computational Biology Market
- S. Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Canada Computational Biology Market
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Canada Market Size and Forecast, 2021-2029 (USD Million)
- S. Market Size and Forecast, 2021-2029 (USD Million)
- North America Market Size and Forecast, 2021-2029 (USD Million)
- North America Computational Biology Market
- Europe Computational Biology Market
- Europe Computational Biology Market
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Germany Computational Biology Market
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- UK Computational Biology Market
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- France Computational Biology Market
- France Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Spain Computational Biology Market
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Italy Computational Biology Market
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of Europe Computational Biology Market
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
- Italy Market Size and Forecast, 2021-2029 (USD Million)
- Spain Market Size and Forecast, 2021-2029 (USD Million)
- France Market Size and Forecast, 2021-2029 (USD Million)
- UK Market Size and Forecast, 2021-2029 (USD Million)
- Germany Market Size and Forecast, 2021-2029 (USD Million)
- Europe Market Size and Forecast, 2021-2029 (USD Million)
- Europe Computational Biology Market
- Asia Pacific Computational Biology Market
- Asia Pacific Computational Biology Market
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Japan Computational Biology Market
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- China Computational Biology Market
- China Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- India Computational Biology Market
- India Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- South Korea Computational Biology Market
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Australia Computational Biology Market
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of Asia Pacific Computational Biology Market
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Australia Market Size and Forecast, 2021-2029 (USD Million)
- South Korea Market Size and Forecast, 2021-2029 (USD Million)
- India Market Size and Forecast, 2021-2029 (USD Million)
- China Market Size and Forecast, 2021-2029 (USD Million)
- Japan Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
- Asia Pacific Computational Biology Market
- Latin America Computational Biology Market
- Latin America Computational Biology Market
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Brazil Computational Biology Market
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Mexico Computational Biology Market
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Argentina Computational Biology Market
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of Latin America Computational Biology Market
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Argentina Market Size and Forecast, 2021-2029 (USD Million)
- Mexico Market Size and Forecast, 2021-2029 (USD Million)
- Brazil Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Market Size and Forecast, 2021-2029 (USD Million)
- Latin America Computational Biology Market
- MEA Computational Biology Market
- MEA Computational Biology Market
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- GCC Computational Biology Market
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- South Africa Computational Biology Market
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of MEA Computational Biology Market
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- Market Size and Forecast by Application, 2021-2029 (USD Million)
- Market Size and Forecast by Service, 2021-2029 (USD Million)
- Market Size and Forecast byEnd User, 2021-2029 (USD Million)
- Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
- South Africa Market Size and Forecast, 2021-2029 (USD Million)
- GCC Market Size and Forecast, 2021-2029 (USD Million)
- MEA Market Size and Forecast, 2021-2029 (USD Million)
- MEA Computational Biology Market
- Competitor Analysis
- Market Share Analysis, 2021 & 2029
- Competitive Mapping
- Key Players Market Place Analysis
- Major Recent Developments
- Company Profiles
- BIOVIA (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Certara (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Chemical Computing Group (Canada)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Compugen Ltd (Israel)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Entelos, Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Genedata AG (Switzerland)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- In-silico Biotechnology AG (Germany)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Leadscope Inc. (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Nimbus Discovery LLC (U.S.)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Rhenovia Pharma SAS (France)
- Company Snapshot
- Company Overview
- Financials
- Service Benchmarking
- Recent Developments
- Company 11
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Company 12
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Company 13
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Company 14
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Company 15
- Company Snapshot
- Company Overview
- Financials
- Application Benchmarking
- Recent Developments
- Others Prominent Players
- BIOVIA (U.S.)
Conclusion & Recommendations