Computational Biology Industry - Regional Synopsis
North American Market Forecast
In computational biology market, North American region is estimated to hold significant share by the end of 2037, due to the growing R&D activities, coupled with the high investment in research activities.
The growing foothold of the United States in synthetic biology is predicted to promote lucrative opportunities for the market expansion. The advancement of the region in the application of machine learning tools and analytical tools will further influence the market growth.
APAC Market Statistics
By 2037, Asia Pacific region in computational biology market is estimated to hold significant revenue share. The increasing presence of contract research organizations in the region that reduce the cost of drug development for many pharmaceutical industries will propel the market revenue.
The Asian market is popular for the manufacturing of generic drugs and biosimilars which is much essential to decrease healthcare expenditure and is set to drive the use of computational biology in the region.
