DUBLIN--(BUSINESS WIRE)--The "Biosimulation Technology: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Biosimulation Technology estimated at US$2.8 Billion in the year 2020, is projected to reach a revised size of US$7.5 Billion by 2027, growing at a CAGR of 15.4% over the analysis period 2020-2027.

Software, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$5.1 Billion by the end of the analysis period.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 17.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $806.8 Million, While China is Forecast to Grow at 14.8% CAGR

The Biosimulation Technology market in the U.S. is estimated at US$806.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 14.8% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 13% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.8% CAGR.

Select Competitors (Total 22 Featured) -

• 3DS BIOVIA
• Advanced Chemistry Development, Inc. (ACD/Labs)
• Certara USA, Inc.
• Genedata AG
• Schrodinger LLC

What`s New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Biosimulation Technology - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/5no5de

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900