The global Biosimulation Market size was valued at USD 3.23 Billion in 2021, and is projected to reach USD 8.8 Billion by 2028, growing at a CAGR of 15.4% from 2022 to 2028.
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Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
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Biosimulation plays important role in research and development process. Biosimulation is widely
used in consumer personalized medicine, owing to increasing demand for personalized medicine in
offering tailored solutions for various treatment areas such as drug discovery, oncology, cardiology,
infectious disease, and psychiatry. Predictive biosimulation offers effective platform to use biological
data and mathematical modeling to create a virtual version of patient to test simulated treatments.
Moreover, continuous research is being conducted to create a low-priced or open source version of
predictive biosimulation platforms for self-tracking and modeling using patient’s data and to speed up
the adoption by software development communities to generate future health scenarios using patient’s
medication data.
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Market Dynamics
Market players are engaged in developing novel biosimulation platform, in order to offer tailored
solution in each therapeutic area. This is expected to aid in growth of the market. For instance, in
October 2013, Rhenovia Pharma: a biotechnology firm specialized in biosimulation has developed the
first simulator for biological mechanism of epilepsy. Moreover, development of new simulator opens
new possibilities for research in epilepsy treatment. Rhenovia’ new simulator replicates the basic
biological mechanisms of signal transmission between brain cells and simulates its defects leading to
epileptic patterns, thereby leading to prevent epileptic seizures.
Accelerated drug discovery development process by key players to favor market growth
Pharmaceutical companies, non-profit organizations, and healthcare regularity organizations are
majorly investing in research and development of drug discovery process. Market players are engaged
in exploiting biosimulation techniques for enhancing efficacy of drug discovery and development
process, which is expected to drive growth of the biosimulation market. Government of various
economies are funding initiatives such as Innovate UK and Horizon 2020 provide businesses and
research organizations with grants to drive scientific research. Innovate UK is the UK’s innovation
agency and part of UK Research and Innovation, which supported two companies, Adorial Pharma
Limited and C4X Discovery, in enabling the development of a novel mathematical-based system of
drug discovery.
Global Key Players
Key players operating in biosimulation market include Certara(USA),Dassault Systemes
(France),Advanced Chemistry Development (Canada),Simulation Plus(California),Schrodinger, Inc.
(US),Chemical Computing Group ULC (Canada),Physiomics Plc (UK),Rosa & Co. LLC
(US),BioSimulation Consulting Inc.,Genedata AG (Switzerland),Instem Group of Companies
(USA),PPD, Inc. (North Carolina),Yokogawa Insilico Biotechnology GmbH (Germany),Immunetrics
(US), and other major players.
Detailed Segmentation:
Global Biosimulation Market, By Product & Services:
• Software
• Services
Global Biosimulation Market, By Application:
• Drug Discovery
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• Drug Development
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Reasons to buy the global Biosimulation market
1. This research identifies the region and market sector that is likely to expand the fastest and
dominate the Biosimulation industry.
2. Market analysis of the Biosimulation by region, covering the consumption of the manufacturer in
each country as well as the factors that influence the market within each region.
3. The market environment includes the top players’ Biosimulation market rankings, as well as new
service/product announcements, collaborations, company growth, and acquisitions made by the
companies profiled in the previous five years.
4. For the top Biosimulation market players, extensive company profiles with business overviews,
company insights, product evaluations, and SWOT analyses are available.
5. The company’s present and future outlook in light of recent changes (which include both advanced
and developing regions’ growth possibilities and drivers, as well as difficulties and restraints).
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