COVID-19 Pandemic Impact on Global Biosimulation Market 2020-2024|Technavio

The biosimulation market is expected to register a CAGR of almost 13% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

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Technavio has announced its latest market research report titled Global Biosimulation Market 2020-2024 (Graphic: Business Wire)

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Due to the extensive spread of the virus across the globe, the Health Care Industry is anticipated to have Positive impact. The biosimulation market will showcase Neutral impact during 2020-2024.

Biosimulation Market 2020-2024: Segmentation

Biosimulation Market is segmented as below:

• End-user
  • Pharmaceutical and Biotechnology Companies
  • Contract Research Organizations
  • Others
• Geography
  • North America
  • Europe
  • Asia
  • ROW

North America region will account for the highest incremental growth during the forecast period due to the implementation of big data using mathematical models and simulation for drug discovery, leveraging mathematical modeling and simulation to improve generic drugs, and presence of FDA-approved manufacturing facilities.

With the surging growth of COVID-19 pandemic, the Health Care market is anticipated to have a Direct impact during the forecast period. View market snapshot before purchasing

Implementation of big data using mathematical models and simulation for drug discovery has been an instrumental factor in influencing the growth of the biosimulation market. Other market drivers include an increase in M&A activities and strategic initiatives by market vendors. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis as the spread reaches a global level and updates on market estimates

Get more insights about the global trends impacting the future of biosimulation market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43362

Biosimulation Market 2020-2024: Vendor Analysis

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Altair Engineering Inc., ANSYS Inc., Certara LP, Dassault Systemes SE, Genedata AG, Intelligen Inc., Physiomics Plc, PPD Inc., Schrodinger Inc., and Simulations Plus Inc.

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

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
• Comparison by End-user
• Pharmaceutical and biotechnology companies - Market size and forecast 2019-2024
• Contract research organizations (CRO) - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by indication

Customer Landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Asia - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• ROW - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Altair Engineering Inc.
• ANSYS Inc.
• Certara LP
• Dassault Systemes SE
• Genedata AG
• Intelligen Inc.
• Physiomics Plc
• PPD Inc.
• Schrodinger Inc.
• Simulations Plus Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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