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Report Overview
The global computational biology market was valued at USD 5.25 Billion in 2024 driven by increasing investments in computational biology research and the rising interdisciplinary collaborations across the globe. The market is further expected to grow at a CAGR of 22.50% in the forecast period of 2025-2034 to attain a value of over USD 39.95 Billion by 2034.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
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The rising regulatory support towards the integration of advanced computational methods in drug safety and efficacy evaluations is expected to drive market demand in the forecast period.
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The increasing adoption of high-performance computing (HPC) and cloud computing in computational biology is poised to drive innovation and growth in the market.
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The market share is influenced by the increased strategic collaborations, substantial investments, and advancements in bioinformatics tools.
Global Computational Biology Market Share
Market Segmentation Based on Application Areas is Anticipated to Witness Substantial Growth
The market breakup by application includes genomics and genetics, and drug discovery and development, among others. The genomics and genetics segment employs computational biology in the analysis and interpretation of genetic and genomic data. Computational tools are increasingly utilized in genome sequencing and analysis, genetic variation and mutation analysis, comparative genomics, and others. This segment benefits significantly by leveraging advanced computational biology techniques in research studies for facilitating an enhanced understanding of genetic disorders and the development of genetic tests. The drug discovery and development segment is also poised to witness substantial growth, owing to the growing demand for computer simulations in drug design, virtual screening to identify potential drug candidates, and the process of discovering new drugs and therapies.
Computational Biology Market Report Snapshots
Computational Biology Market Size
Computational Biology Market Growth
Computational Biology Market Trends
Computational Biology Market Share
Computational Biology Regional Analysis
Computational Biology Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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