Computational biology is a process of understanding the biological system and its relationships by calculating biological data based on a model algorithm. It is a discipline of a branch of biology involving the application of informatics and computers. Thanks to this medical science which has important data of models and algorithms, we can analyze various biological systems and drugs.
The growing market of Computational Biology market is a result of the increasing use of various modules increasing the use of computational tools in epi-genomics, genomics, proteomics and meta-genomics to understand protein-protein interactions, l 3D protein structural analysis and sequencing and gene expression studies coupled with a growing trend of research activity in drug design and disease modeling. However, some factors such as lack of skilled resources to operate the computer tools are expected to restrain the growth of the computational biology market during the forecast period 2018-2026. The main reason for the growth of this market is the investment in clinical studies for pharmacokinetics and pharmacogenomics, which means that the way the human body interacts with drugs after consumption includes metabolism, excretion, etc. Depending on the type of service, the computational biology market is segmented internally and into contractual services. This computational biology required high and sophisticated computer technology.
The computational biology market can be segmented on the basis of application, type of service, and end use. Based on application, the market can be divided into cell and biological simulation, drug discovery and disease modeling, preclinical drug development, and clinical trials. Cellular and biological simulation among all application core segments is expected to develop at the fastest CAGR during the forecast period. As there is a shift in sequencing studies towards more in-depth analysis of the nature of various biological proteins in the development of personalized medicine, it has work as a key driving force for this segment. Pharmaceuticals and life science companies continue to try in the area of ââupdating the technology so that they can maintain themselves in the market which is in demand for computational biology. On the basis of the type of service, the market can be segmented into two types: internal and contractual. On the basis of end use, the market is categorized into academic, industrial, and commercial.
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North America has the largest market for the computational biology market. The main drivers contributing to the growth of the computational biology market in North America are the increasing initiatives and investments for research and development of drug discovery, modernization of existing biological computational methods and modeling technologies. diseases. Asia-Pacific is expected to be the fastest growing market with a CAGR of 29% over the forecast period 2018-2026. The main reason for the growth of this region is investment in life science research and technological advances in biotechnology. In the European market, the increase in the rapid adoption of biotechnologies and the affordability in terms of the skills required make the market more in demand.
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Some of the major players operating in the global computational biology market are Chemical Computing Group Inc .; Simulation Plus Inc .; Genedata SA; Compugen Ltd .; Certara; Accels; Rhenovia Pharma SAS; Entelos; Nimbus Discovery LLC; Certara; Insilico Biotechnology AG; and Rhenovia Pharma SAS.
The global computational biology market has been segmented as follows:
Global Computational Biology Market, By Application
â¢ Cellular and biological simulation
o Computational genomics
o Computational proteomics
o Others (transcriptomics / metabolomics)
â¢ Drug discovery and disease modeling
o Target identification
o Target validation
o Lead discovery
o Lead optimization
â¢ Development of preclinical drugs
â¢ Clinical tests
o Phase I
o Phase II
o Phase III
â¢ Human body simulation software
Global Computational Biology Technologies Market, By Service Type
Global Computational Biology Market, By End Use
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Global Computational Biology Market, By Geography
â¢ North America
o United States
o Rest of North America
o Rest of Europe
â¢ Asia Pacific
o Rest of Asia-Pacific