Japan Biosimulation Market Size & Outlook, 2021-2028
Japan biosimulation market, 2016-2028 (US$M)
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Japan biosimulation market highlights
- The Japan biosimulation market generated a revenue of USD 250.9 million in 2021 and is expected to reach USD 752.0 million by 2028.
- The Japan market is expected to grow at a CAGR of 17% 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 250.9 million |
| Market revenue in 2028 | USD 752.0 million |
| Growth rate | 17% (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, Japan accounted for 10.3% 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 Asia Pacific, Japan biosimulation market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 215.1 million by 2028.
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Biosimulation Market Scope
Biosimulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 69.11% in 2021. Horizon Databook has segmented the Japan biosimulation market based on software, services covering the revenue growth of each sub-segment from 2016 to 2028.
Japan held the largest share of 53.93% of Asia Pacific biosimulation market. The Japanese companies have also made many modifications of optical computational biology and provided custom-made design in accordance with clients’ requirements.
High healthcare expenditure, increased awareness about biosimulation software & services, and presence of well-developed health infrastructure are some of the factors contributing to the market growth in Japan.
In Japan, 36,092 clinical trials were conducted in 2017, accounting for the third largest share of all clinical trials globally. A high number of clinical trials has raised the demand for biosimulation in the previous years and has contributed to the largest share held by the country.
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Target buyers of Japan 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 Japan biosimulation market , including forecasts for subscribers. This country databook contains high-level insights into Japan biosimulation market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Japan biosimulation market size, by product, 2016-2028 (US$M)
Japan Biosimulation Market Outlook Share, 2021 & 2028 (US$M)
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