Global Computational Biology Market to Touch $14.7 Billion by 2028 | Preclinical Drug Discovery is Offering Lucrative Opportunity

Global computational biology market size was valued at USD 5.35 billion in 2021, and it is expected to reach a value of USD 14.7 billion by 2028, at a CAGR of 19.9% over the forecast period (2022–2028).


Westford, USA, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Computational Biology Market is a rapidly growing field that harnesses the power of computers to study biological systems. The field has seen tremendous growth in recent years, with researchers working to tackle complex problems in areas such as drug discovery and cancer research.

The rapidly advancing field of computational biology is helping researchers both understand and treat disease, a boon for humanity as well as the scientific community. By using computers to rapidly analyze large volumes of data, researchers are able to glean insights that would otherwise be impossible to glean. For example, biologists in the global computational biology market were able to work out how a gene affects a person's susceptibility to cancer by sequencing the DNA of thousands of people. This type of research is critical in the development of new treatments and cures for diseases.

While computational biology is still focused largely on research labs and universities, the industry is seeing rapid uptake by businesses and government agencies as well. his growth is due in part to the increasing demand for artificial intelligence (AI) services, which are being used to help researchers analyze data more effectively.

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SkyQuest report on global computational biology market provides a detailed understanding about market dynamics, pricing analysis, value chain analysis, trends, growth opportunities, M&A activities, industrial inclination, key players, market share analysis, competitive landscape, among others.

AI to Revolutionize Computational Biology

With the increasing demand for AI powered data analysis and machine learning, computational biology market has become one of the most promising and rapidly growing subfields of biology. Historically, biologists have relied on manual labor and complex mathematical models to study biological systems. But with the advent of AI, computational biologists can now use sophisticated algorithms to analyze large datasets much faster and more accurately than ever before. This has led to breakthroughs in our understanding of how cells function and how diseases develop.

In recent years, there has been a surge in research devoted to applying AI to computational biology market. In particular, machine learning algorithms have proved especially powerful tools for elucidating the biochemical pathways involved in cellular processes. With the help of machine learning, researchers have been able to identify new drug targets and even generate novel insights into protein-protein interactions.

One reason why AI is such an advantageous tool for computational biologists is its ability to automate many tasks that are tedious or time-consuming. For example, machine learning can be used to identify patterns in gene expression data or sequence data sets. This allows scientists to focus their efforts on more important analyses and research questions instead of having to manually sift through data sets looking for patterns.

Currently, many biologists in the computational biology market working with genomics and transcriptome data use low-cost commercial software such as Cufflinks or ASCEND. However, these tools are not always well optimized for larger data sets and are limited in their ability to analyze differentially expressed genes. Additionally, they do not allow users to identify non-robust relationships between genes and traits.

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SkyQuest has found that by pairing machine learning algorithms with powerful cloud platform AI services, biologists can now exploit the power of AI to address these challenges. For example, LabelMe managed machine learning platform uses natural language processing capabilities to automatically generate gene annotations from text data sets. Additionally, IBM Watson cognitive computing platform can be used to mine unstructured data such as tweets or other social media posts in order to identify correlations.

The pace of drug discovery is being driven by the latest technologies in genomics. The future of drug discovery has never been brighter due to the big breakthroughs in new technologies in computational biology. SkyQuest report on global computational biology market report provides complete market analysis about its applications, current market dynamics, key trends, opportunities, end-users behavior, among others.

Computational Biology is Making way in Preclinical Drug Development

Preclinical drug development is an essential step in the drug development process, but it can be challenging to identify effective drugs from a large pool of candidates in the computational biology market. This is where computational biology comes in; it can help identify which drugs are likely to be effective and minimize the chances of making mistakes during the early stages of drug discovery.

As per SkyQuest study, researcher around the globe have started making use of the product algorithms to screen for potential drugs through bioinformatics in the computational biology market. Bioinformatics involves using software to analyze and organize biological data, including genomic and proteomic information. It’s famously used in research labs to decipher the genetic underpinnings of disease, but it can also be helpful when screening for pharmaceuticals.

One common bioinformatics pipeline in computational biology market involves extracting information from a protein’s amino acid sequence, says analyst at SkyQuest. This can be done using algorithms that compare different proteins against each other, or against known proteins that have been shown to be involved in drug activity. Once this information is extracted, it can be analyzed using more specific tools, such as those that look for mutations or interactions between different proteins.

This sort of analysis can help researchers in computational biology market narrow down their search for potential drug candidates.

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Key Players in Global Computational Biology Market

  • Dassault Systèmes SE (France)
  • Certara (US)
  • Chemical Computing Group ULC (Canada)
  • Compugen Ltd (Isreal)
  • Rosa & Co. LLC (US)
  • Genedata AG (Switzerland)
  • Insilico Biotechnology AG (Germany)
  • Instem Plc. (UK)
  • Nimbus Discovery LLC (US)
  • Strand Life Sciences (India)
  • Schrodinger (Austria)
  • Simulation Plus Inc. (US)

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