Global Biosimulation Market Anticipated to See Major Growth in Next Four Years

WiseGuyReports have announced the addition of a new report titled “Biosimulation Market – Forecasts from 2017 to 2022”.

Biosimulation is used in the healthcare sector for model-based calculation of biological systems. It is helpful in making commercial decisions regarding the benefits of bringing a specific drug to market. In 2022, the market for biosimulation is expected to reach US$3,435 million, increasing from US$1,476 million in 2017. During this period it is projected to grow at a CAGR of 18.40%. Factors driving the biosimulation market growth are increased medical research and development across emerging economies, technological advancement in drug development processes, robust pace of clinical trials and a favourable regulatory environment in developed regions like the US and Europe. Rising demand for reduced drug development costs coupled with penetration of digital and computer technology and improvement in modeling tools has fuelled further market growth. Geographically, North America is the expected to remain the largest biosimulation market over the projected period followed by Europe.

Research Methodology

This section provides an anatomy of the research process followed for calculating market size and forecasts along with a list of the secondary data sources used and the primary inputs which were taken for data validation. It also provides an outline of the various segmentations which have been covered as part of the report.

Market Dynamics

In this section, the entire market is explained along with various drivers, restraints, and opportunities which exist in the current market. This section of the report also provides product pipeline, industry value chain analysis, and innovations in the market. Various regulations in the industry along with a scenario analysis have also been covered as a part of this report section.

Segmentation

Biosimulation market has been segmented on the basis of type, application, end user and geography as follows:

By Type

Software

Services

By Application

Drug Development

Drug Discovery

Others

By End-User

Pharmaceutical Companies

Academic Institutes

Research Organizations

Others

By Geography

Americas

North America

South America

Europe Middle East and Africa

Europe

The Middle East and Africa

Asia Pacific

Market Players

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Table of Content

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Biosimulation Market Forecast by Type (US$ million)
6. Biosimulation Market Forecast by Application (US$ million)
7. Biosimulation Market Forecast by End-User (US$ million)
8. Biosimulation Market by Geography (US$ million)
9. Competitive Intelligence
10. Company Profiles

10.1. Rhenovia Pharma Ltd.

10.2. Certara USA, Inc.

10.3. Simulation Plus Inc.

10.4. Dassault SA

10.5. Schrodinger Inc.

10.6. Advanced Chemistry Development, Inc.

10.7. Physiomics PLC

10.8. Chemical Computing Group

 

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