Global Biosimulation Market 2024-2028

Global Biosimulation Market 2024-2028


The biosimulation market is forecasted to grow by USD 4742.9 mn during 2023-2028, accelerating at a CAGR of 18.52% during the forecast period. The report on the biosimulation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in research funding and grants, rising demand for personalized medicine, and strategic initiatives by vendors.

Technavio's biosimulation market is segmented as below:

By End-user
  • Pharmaceuticals and biotechnology companies
  • Contract research and organizations
  • Others
By Product
  • Software
  • Services
By Geographical Landscape
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the implementation of big data using mathematical models and simulation for drug discovery as one of the prime reasons driving the biosimulation market growth during the next few years. Also, leveraging mathematical modeling and simulation to improve generic drugs and presence of FDA-approved manufacturing facilities will lead to sizable demand in the market.

The report on the biosimulation market covers the following areas:
  • Biosimulation market sizing
  • Biosimulation market forecast
  • Biosimulation market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biosimulation market vendors that include Advanced Chemistry Development Inc., Allucent, Altair Engineering Inc., ANSYS Inc., Applied BioMath LLC., Cellworks Group Inc., Certara Inc., Chemical Computing Group ULC, Dassault Systemes SE, Genedata AG, INOSIM Software GmbH, Intelligen Inc., LifeTec Group, Physiomics PLC, Rosa and Co. LLC, Schrodinger Inc., Simulations Plus Inc., Thermo Fisher Scientific Inc., Via Science Inc., and Yokogawa Electric Corp.. Also, the biosimulation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global Biosimulation Market 2018 - 2022
      • Table Historic Market Size - Data Table on Global Biosimulation Market 2018 - 2022 ($ million)
    • End-user segment analysis 2018 - 2022
    • Product segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Pharmaceuticals and biotechnology companies - Market size and forecast 2023-2028
      • Table Data Table on Pharmaceuticals and biotechnology companies - Market size and forecast 2023- 2028 ($ million)
      • Table Data Table on Pharmaceuticals and biotechnology companies - Year-over-year growth 2023-2028 (%)
    • Contract research and organizations - Market size and forecast 2023-2028
      • Table Data Table on Contract research and organizations - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Contract research and organizations - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • Software - Market size and forecast 2023-2028
      • Table Data Table on Software - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Software - Year-over-year growth 2023-2028 (%)
    • Services - Market size and forecast 2023-2028
      • Table Data Table on Services - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Services - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Asia - Market size and forecast 2023-2028
      • Table Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • Rest of World (ROW) - Market size and forecast 2023-2028
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increase in research funding and grants
      • Rising demand for personalized medicine
      • Strategic initiatives by vendors
    • Market challenges
      • Misconceptions about computer system validation
      • Limitations of CROs
      • Challenges in understanding complex biosimulation models
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Implementation of big data using mathematical models and simulation for drug discovery
      • Leveraging mathematical modeling and simulation to improve generic drugs
      • Presence of FDA-approved manufacturing facilities
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Market positioning of companies
    • Advanced Chemistry Development Inc.
    • Allucent
    • Altair Engineering Inc.
    • ANSYS Inc.
    • Cellworks Group Inc.
    • Certara Inc.
    • Chemical Computing Group ULC
    • Dassault Systemes SE
    • Genedata AG
    • INOSIM Software GmbH
    • Intelligen Inc.
    • LifeTec Group
    • Rosa and Co. LLC
    • Simulations Plus Inc.
    • Yokogawa Electric Corp.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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