Global Computational Biology Market Size & Outlook
Global computational biology market, 2018-2030 (US$M)
Related Markets
Global computational biology market highlights
- The global computational biology market generated a revenue of USD 5,573.8 million in 2023 and is expected to reach USD 13,254.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.2% by 2030.
- In terms of segment, software platforms accounted for a revenue of USD 2,192.7 million in 2023.
- Software Platforms is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,573.8 million |
| Market revenue in 2030 | USD 13,254.3 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Software platforms |
| Fastest growing segment | Software Platforms |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Databases, Infrastructure & Hardware, Software Platforms |
Other key industry trends
- In terms of revenue, the North America accounted for 49.3% of the global computational biology market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 8.0 million by 2030.
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Computational Biology Market Scope
Computational Biology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global computational biology 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 computational biology market will help companies and investors design strategic landscapes.
Software platforms was the largest segment with a revenue share of 39.34% in 2023. Horizon Databook has segmented the Global computational biology market based on databases, infrastructure & hardware, software platforms covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Computational Biology Services Outlook (Revenue, USD Million, 2018-2030)
- Databases
- Infrastructure & Hardware
- Software Platforms
- Global Computational Biology Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Discovery & Disease Modelling
- Target Identification
- Target Validation
- Lead Discovery
- Lead Optimization
- Preclinical Drug Development
- Pharmacokinetics
- Pharmacodynamics
- Clinical Trials
- Phase I
- Phase II
- Phase III
- Phase IV
- Computational Genomics
- Computational Proteomics
- Others
- Drug Discovery & Disease Modelling
- Global Computational Biology End use Outlook (Revenue, USD Million, 2018-2030)
- Academics & Research
- Industrial
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Our clientele includes a mix of computational biology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global computational biology market , including forecasts for subscribers. This global databook contains high-level insights into Global computational biology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global computational biology market size, by regions, 2018-2030 (US$M)
Top 10 countries: Computational biology market size, 2023 (US$M)
Global computational biology market share, by services, 2023 & 2030 (%, US$M)
Computational biology market: Opportunity assessment by country
Global computational biology market, by region, 2023 (US$M)
| Services | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,575.1 | 1,732.5 | 1,795.4 | 2,226.4 | 2,470.0 | 2,749.8 | 3,072.6 | 3,447.3 | 3,884.2 | 4,396.6 | 5,000.6 | 5,716.4 | 6,569.2 | 13.3% |
| Europe | 921.4 | 996.5 | 1,016.4 | 1,241.5 | 1,358.0 | 1,492.0 | 1,646.8 | 1,826.8 | 2,037.1 | 2,284.2 | 2,576.1 | 2,923.0 | 3,337.3 | 12.2% |
| Asia Pacific | 636.4 | 672.2 | 674.0 | 815.0 | 888.4 | 979.3 | 1,091.8 | 1,231.6 | 1,406.2 | 1,625.4 | 1,902.5 | 2,255.6 | 2,709.5 | 15.7% |
| Latin America | 173.2 | 181.6 | 179.7 | 213.2 | 226.7 | 242.2 | 260.3 | 281.4 | 305.9 | 334.8 | 368.8 | 409.0 | 456.9 | 9.5% |
| MEA | 82.7 | 86.2 | 84.7 | 99.6 | 104.8 | 110.6 | 117.1 | 124.5 | 133.0 | 142.7 | 153.8 | 166.6 | 181.4 | 7.3% |
| Overall | 3,388.7 | 3,669.0 | 3,750.2 | 4,595.7 | 5,047.9 | 5,573.8 | 6,188.7 | 6,911.6 | 7,766.4 | 8,783.6 | 10,001.8 | 11,470.6 | 13,254.3 | 13.2% |
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