According to IMARC Group latest report titled” Computational Biology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global Computational Biology Market size to grow at a CAGR of around 21% during 2021-2026. Computational fluid dynamics (CFD) refers to a scientific method that is generally used to analyze fluid and heat flow. It involves the use of data structures and numerical analysis to calculate the flow and interaction of liquid and gases. Also, it utilizes computer software to visualize the effect of fluids on a particular object. It is extensively used in multiple applications to solve issues in the flow of fluid, including the density, velocity and chemical composition.Request to get the sample report: www.imarcgroup.com/computational-biology-market/requestsample
Market Trends:
The global market is primarily driven by significant growth in the aerospace industry. Along with this, continual technological advancements across the sector, wherein the CFD method is widely adopted to maintain the critical components of the aircraft, are creating a positive outlook for the market. Moreover, the widespread adoption of the CFD method to prevent cavitation in pumps by measuring the damage at a granular level is also providing an impetus to the market growth. Furthermore, this method is used to solve issues in batteries related to overcharging, ambient heating and rapid discharging in a cost-effective manner, thereby contributing to the market growth further.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Certara
Chemical Computing Group ULC
Compugen Ltd
Dassault Systèmes
Genedata AG
Insilico Biotechnology AG
Instem plc
Nimbus Therapeutics LLC
Schrödinger Inc.
Simulations Plus Inc
Computational Biology Market Segmentation:
Our report has categorized the market based on region, application, services and end use industry.
Breakup by Application:
Cellular and Biological Simulation
Computational Genomics
Computational Proteomics
Pharmacogenomics
Others
Drug Discovery and Disease Modelling
Target Identification
Target Validation
Lead Discovery
Lead Optimization
Preclinical Drug Development
Pharmacokinetics
Pharmacodynamics
Clinical Trials
Phase I
Phase II
Phase III
Human Body Simulation Software
Breakup by Services:
In-house
Contract
Breakup by End Use:
Academics
Pharmaceutical Industry
Commercial
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