Bio Simulation Technology Market Trends, Analysis and Forecasts to 2022
Bio Simulation Technology Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, October 09, 2018 ) Reduction in the cost of drug discovery and development and risk of failure of drug molecule are some of the factors driving the market growth. Furthermore, R&D investments in biotechnology and pharmaceutical industries, growth in the biologics and biosimilars markets, increased use of personalized medicines, technological advancements and periodic product upgradation are the key factors vitalizing the market growth. However, lack of standardization, high R&D costs associated with development of biosimulation software and lack of skilled professionals are some of the major restraints hampering the market growth. Industrial bioprocessing, nutraceuticals, agri-food production and biosimulation in the defense will provide opportunities for market growth over the forecast period.
Pharmaceutical and biotechnology companies segment is valued to account largest share across the global market. North America is anticipated to command the largest share and Europe is expected to register the highest growth due to increasing government funding and the large number of pharmaceuticals and biotechnology companies in this region.
Some of the key players in this market include Certara USA Inc., Simulation Plus Inc., Dassault Systèmes SA, Schrödinger Inc., Advanced Chemistry Development Inc., Chemical Computing Group Inc., Entelos Holding Corporation, Genedata Ag, Physiomics PLC, Rhenovia Pharma Ltd., Insilico biosciences, Archimedes, Insilico biotechnology, Accelrys, LeadScope and Compugen.
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Bio Simulation Technology Market is estimated at $1.01 billion in 2015 and is projected to reach $2.99 billion by 2022 growing at a CAGR of 16.6% from 2015 to 2022.
Biosimulation is a mathematical simulation of biological process in which computer aided programs are used for the simulation of biological processes and systems. It is also known as model-based drug development that has ability to make data-driven decisions at all stages of drug development through a quantitative framework. Biosimulation is a promising technology that especially used in pharmaceutical research to improve the drug discovery and development cycle of a drug.
The growth of the biosimulation technology can be attributed to the increasing focuses on advanced drugs development. Additionally, the increasing healthcare spending and improved simulation techniques are also helps to upsurge the growth of the market. Moreover, the increased accuracy of prediction before an actual trial and increasing healthcare expenditure along with technological advancements are likely to add novel opportunities for the global biosimulation market in the forecast period.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Bio Simulation Technology Market Size
2.2 Bio Simulation Technology Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Bio Simulation Technology Market Size by Manufacturers
3.2 Bio Simulation Technology Key Players Head office and Area Served
3.3 Key Players Bio Simulation Technology Product/Solution/Service
3.4 Date of Enter into Bio Simulation Technology Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Bio Simulation Technology Sales by Product
4.2 Global Bio Simulation Technology Revenue by Product
4.3 Bio Simulation Technology Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Bio Simulation Technology Breakdown Data by End User
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Pharmaceutical and biotechnology companies segment is valued to account largest share across the global market. North America is anticipated to command the largest share and Europe is expected to register the highest growth due to increasing government funding and the large number of pharmaceuticals and biotechnology companies in this region.
Some of the key players in this market include Certara USA Inc., Simulation Plus Inc., Dassault Systèmes SA, Schrödinger Inc., Advanced Chemistry Development Inc., Chemical Computing Group Inc., Entelos Holding Corporation, Genedata Ag, Physiomics PLC, Rhenovia Pharma Ltd., Insilico biosciences, Archimedes, Insilico biotechnology, Accelrys, LeadScope and Compugen.
Request sample copy at: https://www.reportsweb.com/inquiry&RW0001216406/sample
Bio Simulation Technology Market is estimated at $1.01 billion in 2015 and is projected to reach $2.99 billion by 2022 growing at a CAGR of 16.6% from 2015 to 2022.
Biosimulation is a mathematical simulation of biological process in which computer aided programs are used for the simulation of biological processes and systems. It is also known as model-based drug development that has ability to make data-driven decisions at all stages of drug development through a quantitative framework. Biosimulation is a promising technology that especially used in pharmaceutical research to improve the drug discovery and development cycle of a drug.
The growth of the biosimulation technology can be attributed to the increasing focuses on advanced drugs development. Additionally, the increasing healthcare spending and improved simulation techniques are also helps to upsurge the growth of the market. Moreover, the increased accuracy of prediction before an actual trial and increasing healthcare expenditure along with technological advancements are likely to add novel opportunities for the global biosimulation market in the forecast period.
Have any query? Enquire about report at: https://www.reportsweb.com/inquiry&RW0001216406/buying
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Bio Simulation Technology Market Size
2.2 Bio Simulation Technology Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Bio Simulation Technology Market Size by Manufacturers
3.2 Bio Simulation Technology Key Players Head office and Area Served
3.3 Key Players Bio Simulation Technology Product/Solution/Service
3.4 Date of Enter into Bio Simulation Technology Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Bio Simulation Technology Sales by Product
4.2 Global Bio Simulation Technology Revenue by Product
4.3 Bio Simulation Technology Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Bio Simulation Technology Breakdown Data by End User
Get more information at: https://www.reportsweb.com/inquiry&RW0001216406/discount
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results