Biosimulation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-822 | Report Format : | Status : Upcoming |

Abstract

Global Biosimulation Market: Overview

Biosimulation is an integral part of systems biology, which is referred to as a simulation of biological processes by using computer-aided mathematical models. This process assists in drug metabolism, modeling of complex biomedical systems, and development of clinical drugs. Biosimulation is becoming a vital part of drug development. It is a tool that predicts early failure of a drug in the drug development process owing to toxicity, adverse side effects, and bad pharmacokinetics. This is a key to reduce associated costs linked with drug development, animals required for experiments and clinical trials. Due to its surprising advantages in drug development, biosimulation is used in numerous research projects.

Global Biosimulation Market: Growth Factors

Major drivers of the global biosimulation market are cost reduction linked with drug discovery and development and associated risk of failure of a drug molecule in the late phase. In addition, higher investment on R&D activities in pharmaceutical and biotechnology industries may drive the global market in the coming years. However, exponential growth in the biologics sector is expected to foster the global biosimulation market in the near future. Up gradation of technology and rise in the use of personalized medicines across the world may fuel the global market. Moreover, timely product innovations and changing business strategies also spur the global biosimulation market growth.

Global Biosimulation Market: Segmentations

The global biosimulation market is divided based on end-user as regulatory authorities, academic and government research institutes, contract research organization, pharmaceutical and biotechnology companies, and others. Based on the application, the global market is divided as drug development and drug discovery. The drug development is further sub-segmented as preclinical testing, and clinical trials. The preclinical testing is further sub-categorized as PK/PD, and ADME/Tox. However, the drug discovery is further sub-classified as target identification and optimization, and lead identification and optimization. Of these, target identification and optimization is the leading application segment in the global market. They consist of protein structure prediction. North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa give the geographical representation.

Global Biosimulation Market: Regional Analysis

North America is anticipated to show escalating growth in the next few years, as technological advancement is getting a spur in this region. However, developing healthcare infrastructure and rise in spending on healthcare is expected to contribute to global market growth in future. Europe is anticipated to grow at moderate rate as it is considered the mature market. It is expected to experience high demand for biosimulation. In addition, increasing company focus on developed products, which meet the expectation of the consumer, may positively impact the global biosimulation market. Asia Pacific shows sluggish growth in biosimulation market as it is still in a nascent stage. However, inadequate healthcare infrastructure and lack of skilled professionals may continue giving tough time to companies operating in this region.

Global Biosimulation Market: Competitive Players

Key players operating in the global biosimulation market are Advanced Chemistry Development, Inc., Certara USA, Inc., Chemical Computing Group, Inc., Entelos Holding Corporation, and Dassault Systèmes SA. Other players influencing the global market include Physiomics PLC, Genedata AG, Simulation Plus Inc., Schrödinger Inc., andRhenovia Pharma Ltd.

Global Biosimulation Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Glutamic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2483 | Report Format:

Glutamic Acid Market: Overview The alternative name for the glutamic acid is proteinogenic amino acid. It is generally used in several protein compounds. They are found in the cereals, certain type of algae, meat, and soy protein. It is used in the processed food products for improving the flavo...Read More

Animal Parasiticide Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2479 | Report Format:

Animal Parasiticide Market: Overview The animal parasiticide is influenced by the government initiatives that are taken and the growing number of the animal welfare programs. The animal parasiticide is also alternatively known as a veterinary parasiticide. They are the products that destroy the ...Read More

Sulfamic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2469 | Report Format:

Sulfamic Acid Market: Overview There are many alternative names for the sulfamic acid which include amidosulfonic acid, aminosulfonic, amidosulfuric acid, and sulfamidic acid. The chemical formula of the sulfamic acid is H3NSO3. It is a colorless compound and is water soluble in nature. Sulfam...Read More

Process Pipe Coating Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2455 | Report Format:

Process Pipe Coating Market: Overview The pipe coating is done for protecting the pipes from abrasion and corrosion and they consist of protective materials. The pipe coatings are essential as they protect the pipes from adverse environmental conditions such as ultraviolet rays, carbon dioxide, ...Read More

Bio Based Paraxylene Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2444 | Report Format:

Bio-Based Paraxylene Market: Overview The making of the bio-based paraxylene includes the use of the renewable raw materials such as starch, glucose, vegetable oils, and cellulose. The benefit of using such type of raw materials is they can be recycled and can be reused. There is an increasing u...Read More

Choose License Type:
Latest Published Reports

View All Published Reports