Computational biology industry

How big is the computational biology market?
The global computational biology market size was exhibited at USD 5.85 billion in 2022 and it is expected to hit around USD 20.18 billion by 2032, growing at a CAGR of 13.18% during the forecast period from 2023 to 2032.
Key Takeaways: North America held the largest share of 48.98% of the global market in 2022..
What is the field of computational biology?
Computational biology refers to the use of data analysis, mathematical modeling and computational simulations to understand biological systems and relationships.
An intersection of computer science, biology, and big data, the field also has foundations in applied mathematics, chemistry, and genetics..

The bioscience and biotechnology industry is a fast-growing field both at the national and state level. On the national level, employment in this industry grew by 2.7% from 2016 to 2018, and the industry has a total economic impact of $2.6 trillion.

We like to call this space computational biology (CompBio) and it represents a new class of high-impact companies. These are companies that combine unique This is ImportantThe Network Effects of The VC Ecosystem Around

“Biology is the only technology that can directly address fundamental problems facing the world like planetary and human health,” says Arvind Gupta, Managing This is ImportantThe Network Effects of The VC Ecosystem Around

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Computational biology industry

How big is the computational biology market?

What is the field of computational biology?