Latest Trends and Opportunities in Global Biosimulation Market
According to a new report published by Reports Monitor titled, “Global Biosimulation Market, Growth Opportunities, Innovations and Forecast, 2017-2025,”theBiosimulationmarket was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025
In last couple of years pharmaceutical industry is facing major positive changes as introduction of software in drug development playing vital role to enhances the number of drug develops in the particular year. Reducing drug failure cost & effort, efficiency in development of drugs and rising higher number of drug development with help of biosimulation drives the growth of the market.
Introduction of new diseases and lack of effective treatment creates pressure on pharmaceutical companies to developed more patented drugs molecules result in stimulating the growth of the biosimulation market. Low accuracy resulting drug failure and insufficient knowledge about biological systems & processes can be restrains to the market.
This report provides a detailed analysis of biosimulation market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
Segmentation of biosimulation market is majorly focuses on product, application, deliver and end user. Based on product the market is segmented into molecular simulation, software, inhouse and contract services. Based on application the market is segmented into clinical trial, ADME and PKPD. While On the basis of delivery, the market is segmented into ownership and subscription. On the basis of end user, the market is segmented into biotech, pharmaceuticals, CROs and regulatory.
Global Biosimulation market is majorly analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Presence of major players of the biosimulation & pharmaceutical, increasing R&D activity and developed healthcare infrastructure drives the growth of the market. Increasing number of CROs, availability of skilled manpower and rising research activity by companies from developing countries of Asia-Pacific contributing the growth of the market in that region. Europe is also growing with developing a number of research activity and developed healthcare infrastructure.
Major vendors operating in the global biosimulation market are: INOSIM Software, Insilico Biotechnology, LeadInvent Technologies, Rosa, Nuventra Pharma, Genedata, Certara, Simulation Plus, Dassault Systèmes, Schrödinger, ACD/Labs), Chemical Computing Group, Physiomics, Evidera and In silico biosciences
The key vendors in this market are:
Actavis plc (U.S.), Bristol-Myers Squibb and Company (U.S.), Celgene Corporation (U.S.), Eli Lilly and Company (U.S.), GlaxoSmithKline plc (UK), AstraZeneca plc (U.K.), Amgen, Inc. (U.S.), Novartis International AG (Switzerland), Pfizer, Inc. (U.S.), Sanofi S.A. (France)
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