Biosimulation Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the biosimulation industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected biosimulation market growth numbers 2021-2030.
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The Biosimulation
Global Market Report 2020-30 by The Business Research Company provides an in-depth
analysis of the global biosimulation market and covers both the historic
period, 2015 to 2020, and the forecast period, 2020 to 2030. The report
evaluates the market and major economies across the regions Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, Middle East,
Africa.
The Biosimulation
Global Market Report 2021 covers biosimulation market drivers, biosimulation
market trends, biosimulation market growth rate, biosimulation market major
players, player-adopted strategies in the market, and biosimulation market
size.
The global biosimulation market is expected
to grow from $2.71 billion in 2020 to $3.17 billion in 2021 at a compound
annual growth rate (CAGR) of 17.1%. The change in growth trend of the
biosimulation market is mainly due to the companies stabilizing their output
after catering to the demand that grew exponentially during the COVID-19
pandemic in 2020. The biosimulation market is expected to reach $5.29 billion
in 2025 at a CAGR of 13.7%.
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The report covers the biosimulation market
segments-
1) By Product: Software, Services
2) By Application: Drug Development, Drug
Discovery, Others
3) By End User: Pharmaceutical And
Biotechnology Companies, Contract Research Organizations (CROs), Regulatory
Authorities, Academic Research Institutions, Others
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