Computational Biology Market Is Expected to Reach USD 2,937.3 Million Globally in 2018: Transparency Market Research

ALBANY, New York, May 7, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com), "Computational Biology (Pharmacodynamics, Cellular Modeling, Computational Genomics, Proteomics, Pharmacogenomics, Pharmacokinetics, Human Simulation Software, Drug Discovery & Development) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," in 2011, the global computational biology market was valued at USD 760 million and is expected to grow at a CAGR of 21.3% from 2012 to 2018 to reach an estimated value of USD 2,937.3 million by 2018.

Browse the full report at http://www.transparencymarketresearch.com/computational-biology.html

Computational biology uses sequencing, databases and supercomputers for analysis and algorithm formation to predict the molecules that can be taken for drug identification and lead optimization. Setbacks in drug discovery with absence of potential blockbusters in the market coupled with cost containment issues faced by major drug manufacturers has compelled the major players to shift their focus to newer methods of drug discovery in order to help accelerate the drug development process and bring down R&D expenditure.

The drug discovery market is the fastest growing segment and is anticipated to grow at a CAGR of more than 25% from 2012 to 2018. The use of computational biology for drug discovery now offers manufacturers a method to reduce R&D expenditure and to reduce chances of late stage failure of drug candidates. Computational software and simulation tools are being used in various stages of drug discovery to minimize the future risks of drug failure in later stages of drug development.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/peripheral-vascular-devices-market.html

http://www.transparencymarketresearch.com/nephrology-and-urology-devices-market.html

http://www.transparencymarketresearch.com/x-ray-market.html

http://www.transparencymarketresearch.com/medical-robotic-systems.html

http://www.transparencymarketresearch.com/breast-pumps-market.html

Geographically, North America constituted the largest market in the year 2011. This has been partly due to an encouraging environment for this field created by the US FDA and intense R&D efforts in this region by major pharmaceutical players. The U.S. Federal Government has been supportive through provision of funds for R&D; additionally, academic centres use modelling and simulation for drug discovery. However, Asia is expected to be the fastest growing region due to the emergence of many small regional players as well as lower operating costs as compared to the developed markets.

The global computational biology market is predominantly ruled by major players namely Schrödinger, Accelrys, Certara, Compugen, Simulation Plus, Entelos and others. The market is oligopolistic and these major players account for almost 80% of the market share.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/fundus-cameras.html

http://www.transparencymarketresearch.com/biopsy-devices-market.html

http://www.transparencymarketresearch.com/medical-gases-and-equipment.html

http://www.transparencymarketresearch.com/radiofrequency-ablation-devices.html

http://www.transparencymarketresearch.com/implantable-drug-delivery-devices.html

http://www.transparencymarketresearch.com/interventional-cardiology-devices.html

The global computational biology market is segmented as follows:

Computational Biology Market, by Types

  • Cellular & Biological Simulation
    • Computational Genomics
    • Computational Proteomics
    • Pharmacogenomics
    • Others (Transcriptomics/ Metabolomics)
  • Disease Modeling and Simulation
    • Drug Discovery
      • Target Identification
      • Target Validation
      • Lead Discovery
      • Lead Optimization
  • Drug Development
    • Preclinical
      • Pharmacokinetics
      • Pharmacodynamics
  • Clinical trials
    • Phase I
    • Phase II
    • Phase III
  • Human Body Simulation Software

Computational Biology Market, by Services

  • In-House
  • Contract

Computational Biology Market, by End Users

  • Academics
  • Industry/ Commercial Players

Computational Biology Market, by Geography

  • North America
  • Europe
  • Asia
  • Rest of the World (RoW)

Upcoming Reports in Medical Devices Market

DECG Market

Medical Plastics Market

Nanomedical Market

Medical Bionic Implant Market

Orthopedics Market

E-Prescribing Market

Refurbished Medical Equipment Market

Endoscopy Devices Market Research

CT Scanners Market

Magnetic Resonance Imaging Market

Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://de.transparencymarketresearch.com/
Visit: http://www.europlat.org/
Visit: http://www.transparencymarketresearch.com/

SOURCE Transparency Market Research




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.