Biosimulation Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR43362

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The biosimulation market size will grow up to USD 2.09 billion at a CAGR of 13.17% during 2021-2025.

The biosimulation market report extensively covers market segmentations by end-user (pharmaceutical and biotechnology companies, contract research organizations, and others) and geography (North America, Europe, Asia, and ROW) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Biosimulation Market Size be in 2021?

Biosimulation Market Size

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Biosimulation Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increase in research funding and grants is notably driving the biosimulation market growth, although factors such as misconceptions about computer system validation may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the biosimulation market get your FREE report sample now.

This biosimulation market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Biosimulation Market Vendors?

The biosimulation market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Cellworks Group Inc.
  • Certara Inc.
  • Chemical Computing Group ULC
  • Dassault Systemes SE
  • INOSIM Software GmbH
  • Insilico Biotechnology AG
  • LifeTec Group
  • Nuventra Pharma Sciences
  • Rosa & Co. LLC
  • Simulations Plus Inc.

 

The biosimulation market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The biosimulation market is fragmented and is expected to provide favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full biosimulation market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the biosimulation market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Biosimulation Market?

Biosimulation Market Share by Geography

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48% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for biosimulation in North America.

North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increase in M&A activities has been identified as one of the chief factors that will drive the biosimulation market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Biosimulation Market?

Biosimulation Market Share by End-user

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The biosimulation market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The biosimulation market share growth by the pharmaceutical and biotechnology companies segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough biosimulation market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the biosimulation market size.

 

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What are the Key Factors Covered in this Biosimulation Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive biosimulation market growth during the next five years
  • Precise estimation of the biosimulation market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the biosimulation market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biosimulation market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The biosimulation market growth will increase by $1491.81 million during 2019-2024.
The biosimulation market is expected to grow at a CAGR of 12.55% during 2019-2024.
Technavio has segmented the biosimulation market by end user (Pharmaceutical and biotechnology companies, Contract research organizations, and Others) and geographic (North America, Europe, Asia, and ROW).
Altair Engineering Inc., ANSYS Inc., Certara LP, Dassault Systemes SE, Genedata AG, Intelligen Inc., Physiomics Plc, PPD Inc., Schrodinger Inc., Simulations Plus Inc. are a few of the key vendors in the biosimulation market.
North America will register the highest growth rate of 42.76% among the other regions. Therefore, the biosimulation market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the biosimulation market growth are:
  • Increase in research funding and grants
  • Implementation of big data using mathematical models and simulation for drug discovery
The biosimulation market vendors should focus on grabbing business opportunities from the pharmaceutical and biotechnology companies segment as it accounted for the largest market share in the base year.
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