The Global Biosimulation Market is expected to reach USD 4.25 Billion by 2025 from USD 1.38 Billion in 2017 growing at a CAGR of 15.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Some of the key players operating in the market are Certara, Simulation Plus, Dassault Systèmes, Schrödinger, Advanced Chemistry Development, Chemical Computing Group, Rosa, Physiomics, Evidera, In Silico Biosciences, Leadinvent Technologies, Inosim Software, Nuventra Pharma, Accelrys, Entelos, Physiomics, Rhenovia, Insilico Biotechnology, LeadScope, Genedata, Archimedes, Compugen among others.
Market Segmentation: Global Biosimulation Market
- The biosimulation market is segmented into products and services, application, delivery model and end users.
- Based on products and services, the market is segmented into software and services. Software segment is further sub segmented into trial design software, toxicity prediction software, PBPK modeling & simulation software, molecular modeling and simulation software, PK/PD modeling & simulation software. Services are further segmented into in-house services and contract services.
- Based on application, the market is segmented into drug development, drug discovery and others. Drug development is further sub-segmented into preclinical testing and clinical trials. Preclinical testing is further sub-segmented into PK/PD and ADME/TOX. Drug discovery is further sub-segmented into target identification & validation, lead identification and optimization.
- Based on delivery model, the market is segmented into subscription models and ownership models.
- Based on end-users, the market is segmented into pharmaceutical & biotechnology companies, research institutes, contract research organizations, regulatory authorities and others
- Based on geography the biosimulation market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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Major Market Drivers and Restraints:
- Increase in R&D investment in pharmaceutical and biotechnology industry.
- Increase in adoption of biosimulation software by regulatory bodies
- Technological advancement QSP systems
- Growth in development of biologics and biosimilar
- Shortage of biosimulation and modeling experts
- Increased use of personalized medicine
Points Involved in Biosimulation Market Report:
- Biosimulation Study Coverage
- Executive Summary
- Market Size by Application
- Manufacturers Profiles
- Production Forecasts
- Consumption Forecast
- Market Size by Manufacturers
- Production by Regions
- Consumption by Regions
- Market Size by Type
- Value Chain and Sales Channels Analysis
- Biosimulation Market Opportunities & Challenges, Risks and Influences Factors Analysis
- Key Findings
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Insights of the report
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Biosimulation market.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Biosimulation market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- All the Challenges and growth opportunities in the Biosimulation market along with the market drivers and restrains.
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