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Report Overview
The global biosimulation market size was valued at USD 3.50 Billion in 2024, with Europe holding a significant market share. The market is driven by technological advancements in biosimulation platforms and tools. It is expected to grow at a CAGR of 16.90% during the forecast period of 2025-2034, with the values likely to attain USD 16.68 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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Recent data suggests that 25% of all annual cancer cases occur in Europe, with nearly half of the population at risk of developing cancer at some point in their lives . The rising emphasis on accelerating oncology drug development, fuelled by the growing number of cancer cases, is expected to surge market demand.
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One of the major Europe biosimulation market trends is the increased collaborative initiatives among the key market players to utilize biosimulation platforms in clinical applications. In March 2024, Exploristics and Exonate Ltd announced a successful collaboration involving the optimisation of clinical trial designs for Exonate’s upcoming Phase IIb study by leveraging Exploristics’ KerusCloud (a simulation-guided study design platform).
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In March 2023, Certara, Inc., announced the launch of Simcyp™ PBPK Simulator Version 22, adding novel and updating existing features of its population-based modeling and simulation platform. The launch of such technologically advanced biosimulation systems is likely to elevate market value.
Europe Biosimulation Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Dassault Systèmes
- Schrödinger
- Physiomics Plc
- Simulations Plus
- Insilico Biotechnology
- Genedata
- Argenx
- CureVac SE
- INOSIM Software GmbH
- Certara
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Europe Biostimulation Market Report Snapshots
Europe Biostimulation Market Size
Europe Biostimulation Market Analysis
Europe Biostimulation 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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Key Questions Answered in the Report
The Europe biosimulation market is expected to be driven by the rising demand for the global biosimulation market, which is anticipated to grow at a CAGR of 16.90% during the forecast period of 2025-2034 and is likely to reach a market value of USD 16.68 Billion by 2034.
The growing prevalence of chronic diseases and the rising healthcare expenditure are fuelling the demand for the market.
One of the significant trends in the market is the increased collaborative initiatives among the key market players to utilize biosimulation platforms in clinical applications. In March 2024, Exploristics and Exonate Ltd announced a successful collaboration involving optimizing the clinical trial design for Exonate’s upcoming Phase IIb study by leveraging a simulation-guided platform.
Based on the product type, the market is segmented into services and software.
By delivery type, the market is divided into the subscription model and ownership model.
End users of the market are biotechnology & pharmaceutical companies, research institutes, regulatory authorities, and contract research organizations.
Major applications of biosimulation include drug development and drug discovery, among others.
The market segmentation by countries includes the United Kingdom, Germany, France, and Italy.
The key players in the market are Dassault Systèmes, Schrödinger, Physiomics Plc, Simulations Plus, Insilico Biotechnology, Genedata, Argenx, CureVac SE, INOSIM Software GmbH, and Certara.
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