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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe Biosimulation Market Size
The global biosimulation market was valued at USD 3.5 billion in 2023, 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 2024-2032, with the values likely to attain USD 14.1 billion by 2032.
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 2024-2032 and is likely to reach a market value of USD 14.1 billion by 2032.
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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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124