Global Computational Biology
Market Report
2024
The global Computational Biology Market size is USD 8125.2 million in 2024. The increasing investment in research from both government and private sectors is boosting the market sales to USD 29973.90926 million by 2031, with a Compound Annual Growth Rate (CAGR) of 20.50% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Computational Biology Market size will be USD 8125.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 20.50% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Computational Biology Market Sales Revenue 2024 | $ 8125.2 Million |
Global Computational Biology Market Sales Revenue 2030 | $ 37.34 Million |
Global Computational Biology Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.5% |
North America Computational Biology Sales Revenue 2024 | $ 3250.08 Million |
North America Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.7% |
United States Computational Biology Sales Revenue 2024 | $ 2564.31 Million |
United States Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.5% |
Canada Computational Biology Sales Revenue 2024 | $ 390.01 Million |
Canada Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.5% |
Mexico Computational Biology Sales Revenue 2024 | $ 295.76 Million |
Mexico Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.2% |
Europe Computational Biology Sales Revenue 2024 | $ 2437.56 Million |
Europe Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19% |
United Kingdom Computational Biology Sales Revenue 2024 | $ 409.51 Million |
United Kingdom Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.8% |
France Computational Biology Sales Revenue 2024 | $ 224.26 Million |
France Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.2% |
Germany Computational Biology Sales Revenue 2024 | $ 482.64 Million |
Germany Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.2% |
Italy Computational Biology Sales Revenue 2024 | $ 209.63 Million |
Italy Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.4% |
Russia Computational Biology Sales Revenue 2024 | $ 377.82 Million |
Russia Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18% |
Spain Computational Biology Sales Revenue 2024 | $ 199.88 Million |
Spain Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.1% |
Rest of Europe Computational Biology Sales Revenue 2024 | $ 377.82 Million |
Rest of Europe Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 17.7% |
Asia Pacific Computational Biology Sales Revenue 2024 | $ 1868.8 Million |
Asia Pacific Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.5% |
China Computational Biology Sales Revenue 2024 | $ 840.96 Million |
China Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22% |
Japan Computational Biology Sales Revenue 2024 | $ 257.89 Million |
Japan Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21% |
Korea Computational Biology Sales Revenue 2024 | $ 186.88 Million |
Korea Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.6% |
India Computational Biology Sales Revenue 2024 | $ 224.26 Million |
India Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 24.3% |
Australia Computational Biology Sales Revenue 2024 | $ 97.18 Million |
Australia Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.2% |
Rest of APAC Computational Biology Sales Revenue 2024 | $ 132.68 Million |
Rest of APAC Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.3% |
South America Computational Biology Sales Revenue 2024 | $ 406.26 Million |
South America Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.9% |
Brazil Computational Biology Sales Revenue 2024 | $ 173.88 Million |
Brazil Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.5% |
Argentina Computational Biology Sales Revenue 2024 | $ 68.25 Million |
Argentina Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.8% |
Colombia Computational Biology Sales Revenue 2024 | $ 36.16 Million |
Colombia Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.7% |
Peru Computational Biology Sales Revenue 2024 | $ 33.31 Million |
Peru Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.1% |
Chile Computational Biology Sales Revenue 2024 | $ 29.25 Million |
Chile Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.2% |
Rest of South America Computational Biology Sales Revenue 2024 | $ 65.41 Million |
Rest of South America Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19% |
Middle East and Africa Computational Biology Sales Revenue 2024 | $ 162.5 Million |
Middle East and Africa Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.2% |
Turkey Computational Biology Sales Revenue 2024 | $ 13.98 Million |
Turkey Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.7% |
Nigeria Computational Biology Sales Revenue 2024 | $ 17.06 Million |
Nigeria Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.3% |
Egypt Computational Biology Sales Revenue 2024 | $ 17.06 Million |
Egypt Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.5% |
South Africa Computational Biology Sales Revenue 2024 | $ 25.68 Million |
South Africa Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21.2% |
GCC Countries Computational Biology Sales Revenue 2024 | $ 69.55 Million |
GCC Countries Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 21% |
Rest of MEA Computational Biology Sales Revenue 2024 | $ 19.18 Million |
Rest of MEA Computational Biology Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.2% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Application |
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Market Split by Services |
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Market Split by End-Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Computational Biology industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Computational Biology Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Computational Biology Market encompasses the development and application of data-analytical and theoretical methods, mathematical modeling, and computational simulation techniques to study biological systems. It integrates disciplines such as bioinformatics, genomics, proteomics, and systems biology to analyze complex biological data and simulate biological processes. This field enables researchers to predict the behavior of biological systems, facilitating advancements in personalized medicine, drug discovery, and disease modeling. Driven by technological advancements and increasing research investments, the computational biology market is expanding, offering innovative solutions to address various challenges in healthcare, biotechnology, and environmental science.
November 2023: Compugen expands its mission by enhancing its technology alliance with the acquisition of CPU, aiming to integrate advanced computational biology tools into its platform. This strategic move is set to bolster Compugen's capabilities in drug discovery and personalized medicine, fostering innovative solutions and accelerating the development of novel therapeutic approaches. (Source: https://resources.compugen.com/en-ca/news-awards/compugen-embraces-mission-by-growing-their-technology-alliance-with-acquisition-of-cpu )
Advancements in technology are significantly propelling the Computational Biology Market by enhancing the development of sophisticated computational tools and algorithms. These innovations facilitate the analysis of complex biological data, enabling researchers to simulate biological processes with greater accuracy and speed. High-performance computing, coupled with improved algorithms, allows for the modeling of intricate systems, such as protein folding and gene expression. Additionally, advancements in data storage and processing power support the handling of large-scale datasets, leading to more precise predictive models and accelerating breakthroughs in personalized medicine and drug discovery.
Increasing investment in research from both government and private sectors is significantly boosting the Computational Biology Market. These investments fund the development of cutting-edge technologies and advanced computational tools, enhancing research capabilities in genomics, proteomics, and systems biology. Government grants and private funding support large-scale projects, fostering collaborations between academic institutions, research organizations, and industry leaders. This influx of capital accelerates the pace of innovation, enabling groundbreaking discoveries in personalized medicine, drug development, and disease modeling, ultimately driving the market's growth and expanding its applications in healthcare and biotechnology.
High initial investment costs pose a significant barrier to entry into the Computational Biology Market. Establishing the necessary infrastructure, including high-performance computing systems and sophisticated software, requires substantial financial outlay. Additionally, recruiting skilled professionals with expertise in computational biology, bioinformatics, and related fields adds to the expenses. These costs can deter smaller companies and startups from entering the market, limiting innovation and competition. Furthermore, ongoing maintenance and updates to keep pace with rapid technological advancements contribute to the financial burden, making it challenging for new entrants to sustain and scale their operations.
The COVID-19 pandemic significantly impacted the Computational Biology Market by accelerating its growth and adoption. The urgent need to understand the virus's behavior and develop treatments and vaccines led to increased investment in computational tools and technologies. Researchers leveraged computational biology for rapid genomic sequencing, drug repurposing, and vaccine development, highlighting its critical role in pandemic response. The demand for remote research capabilities also surged, driving innovation in cloud computing and collaborative platforms. Despite initial disruptions, the pandemic ultimately underscored the importance of computational biology in addressing global health crises, leading to sustained interest and funding in the field.
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The competitive landscape of the Computational Biology Market is characterized by the presence of key players such as Dassault Systèmes SE, Certara, Chemical Computing Group, Compugen Ltd., Genedata AG, and Insilico Biotechnology. These companies are driving innovation through technological advancements and strategic collaborations, enhancing market growth and competition?.
November 2021: Yokogawa has acquired Insilico Biotechnology, a leader in bioprocess digital twin technology, to enhance its capabilities in computational biology. This acquisition aims to bolster Yokogawa's expertise in digital modeling and simulation, accelerating advancements in bioprocess optimization and personalized medicine. (Source: https://www.yokogawa.com/in/news/press-releases/2021/2021-11-02/#:~:text=Yokogawa%20Electric%20Corporation%20(TOKYO%3A%206841,of%20bioprocess%20software%20and%20services ) December 2023: Certara’s acquisition of Applied BioMath significantly strengthens its biosimulation portfolio by integrating advanced computational biology expertise. This expansion aims to enhance capabilities in optimizing dosing strategies for novel therapies, further advancing drug development and personalized medicine. (Source: https://ir.certara.com/news-releases/news-release-details/certara-acquires-applied-biomath-expanding-its-biosimulation ) June 2021: Genedata and Sophion Bioscience have announced a new "Ready-to-Run" partnership, streamlining the integration of computational biology solutions with advanced electrophysiology technologies. This collaboration aims to enhance data analysis efficiency and support more comprehensive drug discovery and development processes by providing seamless, ready-to-use tools for researchers. (Source: https://www.genedata.com/news/details/sophion-bioscience-now-a-genedata-ready-to-run-partner-1 )
Top Companies Market Share in Computational Biology Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America holds the largest share of the computational biology market, driven by strong investments in biotechnology, high research funding, and advanced healthcare infrastructure. The U.S. and Canada lead in developing computational tools and technologies, supported by robust academic and industry collaboration.
The Asia-Pacific region is the fastest-growing in the computational biology market. Rapid advancements in biotechnology, increasing research funding, and growing demand for personalized medicine fuel growth. Countries like China and India are major contributors, with significant investments in research and development.
The current report Scope analyzes Computational Biology Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Computational Biology Market size was estimated at USD 8125.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 3250.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.
According to Cognitive Market Research, the global Computational Biology Market size was estimated at USD 8125.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 2437.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.
According to Cognitive Market Research, the global Computational Biology Market size was estimated at USD 8125.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 1868.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031.
According to Cognitive Market Research, the global Computational Biology Market size was estimated at USD 8125.2 Million, out of which the Latin America market has more than 5% share of the global revenue with a market size of USD 406.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031. .
According to Cognitive Market Research, the global Computational Biology Market size was estimated at USD 8125.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 162.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031..
Global Computational Biology Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Computational Biology Industry growth. Computational Biology market has been segmented with the help of its Application, Services End-Use, and others. Computational Biology market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Computational Biology Market?
According to Cognitive Market Research, Drug Discovery & Disease Modelling is the largest segment in the computational biology market. It encompasses comprehensive tools for identifying drug targets, simulating disease processes, and optimizing drug efficacy. High demand for new therapies and advancements in genomics drive its substantial market share.
Clinical Trials and Human Body Simulation Software is the fastest-growing segment. Innovations in simulation technology enhance trial design and predictive accuracy, reducing development time and costs. Increasing adoption of personalized medicine and computational approaches in clinical research accelerates growth in this segment.
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According to Cognitive Market Research, In-house computational biology services are the largest segment, as organizations prefer to develop and manage their computational tools and data internally. This approach offers greater control, customization, and integration with existing systems, making it the dominant choice among pharmaceutical and biotechnology companies.
Contract computational biology services are the fastest-growing segment. Outsourcing to specialized firms offers flexibility, cost-effectiveness, and access to cutting-edge technologies without the need for in-house expertise. The growing trend of partnering with external providers to accelerate research and development drives this rapid growth.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Computational Biology market report 2024 Edition by contacting our team.
According to Cognitive Market Research, The commercial segment is the largest in the computational biology market, driven by the extensive use of computational tools in drug development, biotechnology, and personalized medicine. Industry demand for advanced analytics, predictive modeling, and data integration fuels its significant market share.
The Academics & Research segment is the fastest-growing, fueled by increasing funding and investment in academic institutions and research centers. Advancements in computational techniques and a focus on innovative research applications drive rapid growth in this sector, supporting breakthroughs in biology and medicine.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
I am a dedicated and detail-oriented research analyst, committed to unraveling the stories hidden within data. With a solid foundation in market research & analysis, I thrive in the dynamic realm of research, where every dataset presents an opportunity for discovery. My passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.
I am committed to continuous professional development, regularly participating in workshops, attending conferences, and staying attuned to emerging trends in research methodologies to maintain the highest standards in my work. I played a vital role in conducting market research and competitive analysis. I have a proven track record of synthesizing diverse datasets, employing statistical models, and presenting comprehensive insights. My collaborative approach with cross-functional teams facilitated effective communication of findings, fostering a culture of data-driven decision-making within the organization.
Conclusion
Disclaimer:
Application | Cellular & Biological Simulation, Drug Discovery & Disease Modelling, Preclinical Drug Development, Clinical Trials and Human Body Simulation Software |
Services | Contract, In-house |
End-Use | Academics & Research, Commercial |
List of Competitors | Accelrys (Dassault Systèmes SE), Certara, L.P., Chemical Computing Group Inc., Compugen Ltd., Entelos, Inc. (Rosa & Co. LLC), Genedata AG, Insilico Biotechnology AG |
This chapter will help you gain GLOBAL Market Analysis of Computational Biology. Further deep in this chapter, you will be able to review Global Computational Biology Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Computational Biology Market Trends North America Computational Biology Technological Road Map North America Computational Biology Market Drivers North America Computational Biology Market Restraints North America Computational Biology Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
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Chapter 11 Market Split by Services Analysis 2019 -2031
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Chapter 12 Market Split by End-Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Computational Biology market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Cellular & Biological Simulation have a significant impact on Computational Biology market? |
What are the key factors affecting the Cellular & Biological Simulation and Drug Discovery & Disease Modelling of Computational Biology Market? |
What is the CAGR/Growth Rate of Contract during the forecast period? |
By type, which segment accounted for largest share of the global Computational Biology Market? |
Which region is expected to dominate the global Computational Biology Market within the forecast period? |
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