France Biosimulation Market Size & Outlook, 2021-2028
France biosimulation market, 2016-2028 (US$M)
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France biosimulation market highlights
- The France biosimulation market generated a revenue of USD 96.5 million in 2021 and is expected to reach USD 269.9 million by 2028.
- The France market is expected to grow at a CAGR of 15.8% from 2022 to 2028.
- In terms of segment, software was the largest revenue generating product in 2021.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Biosimulation market data book summary
| Market revenue in 2021 | USD 96.5 million |
| Market revenue in 2028 | USD 269.9 million |
| Growth rate | 15.8% (CAGR from 2021 to 2028) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Certara Inc Ordinary Shares, Dassault Systemes SE, Avantium NV, Simulations Plus Inc, Schrodinger Inc Ordinary Shares, Chemical Computing Group, Physiomics, Rosa & Co, Genedata AG, Instem, Yokogawa Electric Corp., Immunetrics |
Other key industry trends
- In terms of revenue, France accounted for 4.0% of the global biosimulation market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany biosimulation market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 290.2 million by 2028.
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Biosimulation Market Scope
Biosimulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France biosimulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biosimulation market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 68.6% in 2021. Horizon Databook has segmented the France biosimulation market based on software, services covering the revenue growth of each sub-segment from 2016 to 2028.
This region is anticipated to exhibit lucrative growth owing to an increasing number of clinical trials over the region that require highly equipped medical infrastructure. The outsourcing of drug discovery and development leads to the optimization of resources & reduced costs facilitating greater focus on the innovation capabilities.
Moreover, smaller companies over this region are increasingly penetrating the market by offering pharmaceuticals at low prices and shifting the focus of large healthcare industry players towards innovation. Furthermore, the absence of skilled personnel and medical infrastructure to manufacture is further presumed to trigger the need for biosimulation over this region.
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Target buyers of France biosimulation market databook
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Our clientele includes a mix of biosimulation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the France biosimulation market , including forecasts for subscribers. This country databook contains high-level insights into France biosimulation market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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France biosimulation market size, by product, 2016-2028 (US$M)
France Biosimulation Market Outlook Share, 2021 & 2028 (US$M)
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