Global Biosimulation Market Opportunities and Forecast 2023-2030

  •   DLR2430
  •   April, 2022
  •   Pages: 120
  •  Global
Biosimulation Market Overview

Biosimulation is a computer-aided mathematical simulation of biological processes and systems and thus is an integral part of systems biology. The global Biosimulation market is expected to witness significant growth in the next few years.  This growth is due to technological innovations and research activities in various sides of the medical sector. Additionally, the development of new drugs for various medical diseases and conditions has been occurring in the past few years which raises the demand for biosimulation. This key fact probably drives the growth of the biosimulation market during the forecast period.

Moreover, presently drug development companies and researchers are mainly focusing to find the most effective way to bridge the gap between clinical medicine & drug development and patient response. Also, progressions in software technology and the arrival of artificial intelligence are expected to create a positive influence on the overall growth of the global biosimulation market in the coming years.

On the other hand, factors such as a lack of standardization in biosimulation and the shortage of skilled experts are hampering the growth of the global biosimulation market. In addition, biosimulation uses a variety of models, tools, and languages for processing and capturing many different features of biological processes. Also, the bodies governing it are yet to standardize the use of biosimulation technologies in the process of drug development and discovery. This fact will be creating new opportunities for market development in the coming years.

Biosimulation Market Segment Overview

Based on offering type, the software segment is expected to account for the largest market share in the market. This can be attributed to the increasing adoption of biosimulation software by pharmaceutical and research organizations and the growing R&D investment for pharmaceutical research. Furthermore, the Drug Discovery segment is the fastest-growing segment in the market. Increasing usage of biosimulation and modeling technologies in drug discovery can be attributed to an upsurge in the usage of molecular modeling for the identification of effective compounds that help to improve efficiency and reduce drug toxicity. Moreover, the role of molecular dynamics simulation in drug discovery propels the segment. 

Biosimulation Market Regional Overview

North America commanded a major share of the market and is predictable to maintain its supremacy over the forecast period. This is due to increasing collaborations by key players for improving drug discovery capabilities, rising R&D investment by pharmaceutical and biotechnology companies, and growing use of personalized medicines in this region. Similarly, Asia Pacific is expected to expand with an impressive CAGR over the forecast period. The growth of the market in the region can be attributed to the significant demand for innovative drugs, increasing the number of regulatory agencies adopting biosimulation, and rising research activities for life sciences, due to favorable government policies.

Biosimulation Market Competitor overview

·       In June 2020, Certara®, the global leader in biosimulation, announced the launch of version 8.3 of its Phoenix™ platform, the industry gold standard in pharmacokinetic/ pharmacodynamic (PK/PD) and toxicokinetic modeling and simulation software. Version 8.3 delivers new features to drive efficiencies and quality and save valuable time.

·       In August 2020, Certara®, the global leader in biosimulation, announced the development of a new biosimulation platform for COVID-19 vaccines and major enhancements in its Immunogenicity and Immuno-oncology QSP platforms. Certara has partnered with leading, global pharmaceutical companies on these advancements to help de-risk and speed up drug discovery and development.

Biosimulation Market, Key Players

·       Certara, Dassault Systèmes S.A.
·       Schrödinger, Inc.
·       Simulations Plus, Inc.
·       Rhenovia Pharma
·       Advanced Chemistry Development, Inc.
·       Insilico Biotechnology AG
·       Physiomics plc
·       Genedata AG
·       Rosa & Co. LLC.

Biosimulation Market Segmentation

Biosimulation Market, By Offering Type
  • software
    • PK/PD modeling & simulation
    • PBPK modeling & simulation
    • Trial Simulators
    • Molecular Modeling
    • Others
  • services
Biosimulation Market, By Application
  • Drug Discovery
    • Target Identification & Validation
    • Lead Identification & Optimization
  • Drug Development
    • Pre-Clinical Testing
    • Clinical Trial
  • Others
Biosimulation Market, By End User

·       Contract Research Organization
·       Pharmaceutical & Biotechnology Companies
·       Research Institutes
·       Regulatory Institutes
·       Others

Biosimulation Market, By Region
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa


1. Introduction

  • 1.1. Research Scope
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
  • 1.4. Definitions and Assumptions

2. Executive Summary

    3. Market Dynamics

    • 3.1. Market Drivers
    • 3.2. Market Restraints
    • 3.3. Market Opportunities

    4. Key Insights

    • 4.1. Key Emerging Trends – For Major Countries
    • 4.2. Latest Technological Advancement
    • 4.3. Regulatory Landscape
    • 4.4. Industry SWOT Analysis
    • 4.5. Porters Five Forces Analysis

    5. Global Biosimulation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 5.1. Key Findings / Summary
    • 5.2. Market Analysis, Insights and Forecast – By Offering Type
      • 5.2.1. software
        • 5.2.1.1. PK/PD modeling & simulation
        • 5.2.1.2. PBPK modeling & simulation
        • 5.2.1.3. Trial Simulators
        • 5.2.1.4. Molecular Modeling
        • 5.2.1.5. Others
      • 5.2.2. services
    • 5.3. Market Analysis, Insights and Forecast – By Application
      • 5.3.1. Drug Discovery
        • 5.3.1.1. Target Identification & Validation
        • 5.3.1.2. Lead Identification & Optimization
      • 5.3.2. Drug Development
        • 5.3.2.1. Pre-Clinical Testing
        • 5.3.2.2. Clinical Trial
      • 5.3.3. Others
    • 5.4. Market Analysis, Insights and Forecast – By End User
      • 5.4.1. Contract Research Organization
      • 5.4.2. Pharmaceutical & Biotechnology Companies
      • 5.4.3. Research Institutes
      • 5.4.4. Regulatory Institutes
      • 5.4.5. Others
    • 5.5. Market Analysis, Insights and Forecast – By Region
      • 5.5.1. North America
      • 5.5.2. Latin America
      • 5.5.3. Europe
      • 5.5.4. Asia Pacific
      • 5.5.5. Middle East and Africa

    6. North America Biosimulation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 6.1. Key Findings / Summary
    • 6.2. Market Analysis, Insights and Forecast – By Offering Type
      • 6.2.1. software
        • 6.2.1.1. PK/PD modeling & simulation
        • 6.2.1.2. PBPK modeling & simulation
        • 6.2.1.3. Trial Simulators
        • 6.2.1.4. Molecular Modeling
        • 6.2.1.5. Others
      • 6.2.2. services
    • 6.3. Market Analysis, Insights and Forecast – By Application
      • 6.3.1. Drug Discovery
        • 6.3.1.1. Target Identification & Validation
        • 6.3.1.2. Lead Identification & Optimization
      • 6.3.2. Drug Development
        • 6.3.2.1. Pre-Clinical Testing
        • 6.3.2.2. Clinical Trial
      • 6.3.3. Others
    • 6.4. Market Analysis, Insights and Forecast – By End User
      • 6.4.1. Contract Research Organization
      • 6.4.2. Pharmaceutical & Biotechnology Companies
      • 6.4.3. Research Institutes
      • 6.4.4. Regulatory Institutes
      • 6.4.5. Others
    • 6.5. Market Analysis, Insights and Forecast – By Country
      • 6.5.1. U.S.
      • 6.5.2. Canada

    7. Latin America Biosimulation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 7.1. Key Findings / Summary
    • 7.2. Market Analysis, Insights and Forecast – By Offering Type
      • 7.2.1. software
        • 7.2.1.1. PK/PD modeling & simulation
        • 7.2.1.2. PBPK modeling & simulation
        • 7.2.1.3. Trial Simulators
        • 7.2.1.4. Molecular Modeling
        • 7.2.1.5. Others
      • 7.2.2. services
    • 7.3. Market Analysis, Insights and Forecast – By Application
      • 7.3.1. Drug Discovery
        • 7.3.1.1. Target Identification & Validation
        • 7.3.1.2. Lead Identification & Optimization
      • 7.3.2. Drug Development
        • 7.3.2.1. Pre-Clinical Testing
        • 7.3.2.2. Clinical Trial
      • 7.3.3. Others
    • 7.4. Market Analysis, Insights and Forecast – By End User
      • 7.4.1. Contract Research Organization
      • 7.4.2. Pharmaceutical & Biotechnology Companies
      • 7.4.3. Research Institutes
      • 7.4.4. Regulatory Institutes
      • 7.4.5. Others
    • 7.5. Market Analysis, Insights and Forecast – By Country
      • 7.5.1. Brazil
      • 7.5.2. Mexico
      • 7.5.3. Rest of Latin America

    8. Europe Biosimulation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 8.1. Key Findings / Summary
    • 8.2. Market Analysis, Insights and Forecast – By Offering Type
      • 8.2.1. software
        • 8.2.1.1. PK/PD modeling & simulation
        • 8.2.1.2. PBPK modeling & simulation
        • 8.2.1.3. Trial Simulators
        • 8.2.1.4. Molecular Modeling
        • 8.2.1.5. Others
      • 8.2.2. services
    • 8.3. Market Analysis, Insights and Forecast – By Application
      • 8.3.1. Drug Discovery
        • 8.3.1.1. Target Identification & Validation
        • 8.3.1.2. Lead Identification & Optimization
      • 8.3.2. Drug Development
        • 8.3.2.1. Pre-Clinical Testing
        • 8.3.2.2. Clinical Trial
      • 8.3.3. Others
    • 8.4. Market Analysis, Insights and Forecast – By End User
      • 8.4.1. Contract Research Organization
      • 8.4.2. Pharmaceutical & Biotechnology Companies
      • 8.4.3. Research Institutes
      • 8.4.4. Regulatory Institutes
      • 8.4.5. Others
    • 8.5. Market Analysis, Insights and Forecast – By Country
      • 8.5.1. UK
      • 8.5.2. Germany
      • 8.5.3. France
      • 8.5.4. Italy
      • 8.5.5. Spain
      • 8.5.6. Russia
      • 8.5.7. Rest of Europe

    9. Asia Pacific Biosimulation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 9.1. Key Findings / Summary
    • 9.2. Market Analysis, Insights and Forecast – By Offering Type
      • 9.2.1. software
        • 9.2.1.1. PK/PD modeling & simulation
        • 9.2.1.2. PBPK modeling & simulation
        • 9.2.1.3. Trial Simulators
        • 9.2.1.4. Molecular Modeling
        • 9.2.1.5. Others
      • 9.2.2. services
    • 9.3. Market Analysis, Insights and Forecast – By Application
      • 9.3.1. Drug Discovery
        • 9.3.1.1. Target Identification & Validation
        • 9.3.1.2. Lead Identification & Optimization
      • 9.3.2. Drug Development
        • 9.3.2.1. Pre-Clinical Testing
        • 9.3.2.2. Clinical Trial
      • 9.3.3. Others
    • 9.4. Market Analysis, Insights and Forecast – By End User
      • 9.4.1. Contract Research Organization
      • 9.4.2. Pharmaceutical & Biotechnology Companies
      • 9.4.3. Research Institutes
      • 9.4.4. Regulatory Institutes
      • 9.4.5. Others
    • 9.5. Market Analysis, Insights and Forecast – By Country
      • 9.5.1. China
      • 9.5.2. India
      • 9.5.3. Japan
      • 9.5.4. Australia
      • 9.5.5. South East Asia
      • 9.5.6. Rest of Asia Pacific

    10. Middle East & Africa Biosimulation Market Analysis (USD Billion), Insights and Forecast, 2020-2027

    • 10.1. Key Findings / Summary
    • 10.2. Market Analysis, Insights and Forecast – By Offering Type
      • 10.2.1. software
        • 10.2.1.1. PK/PD modeling & simulation
        • 10.2.1.2. PBPK modeling & simulation
        • 10.2.1.3. Trial Simulators
        • 10.2.1.4. Molecular Modeling
        • 10.2.1.5. Others
      • 10.2.2. services
    • 10.3. Market Analysis, Insights and Forecast – By Application
      • 10.3.1. Drug Discovery
        • 10.3.1.1. Target Identification & Validation
        • 10.3.1.2. Lead Identification & Optimization
      • 10.3.2. Drug Development
        • 10.3.2.1. Pre-Clinical Testing
        • 10.3.2.2. Clinical Trial
      • 10.3.3. Others
    • 10.4. Market Analysis, Insights and Forecast – By End User
      • 10.4.1. Contract Research Organization
      • 10.4.2. Pharmaceutical & Biotechnology Companies
      • 10.4.3. Research Institutes
      • 10.4.4. Regulatory Institutes
      • 10.4.5. Others
    • 10.5. Market Analysis, Insights and Forecast – By Country
      • 10.5.1. GCC
      • 10.5.2. South Africa
      • 10.5.3. Rest of Middle East & Africa

    11. Competitive Analysis

    • 11.1. Company Market Share Analysis, 2018
    • 11.2. Key Industry Developments
    • 11.3. Company Profile
    • 11.4. Certara, Dassault Systèmes S.A.
    • 11.4.1. Business Overview
    • 11.4.2. Segment 1 & Service Offering
    • 11.4.3. Overall Revenue
    • 11.4.4. Geographic Presence
    • 11.4.5. Recent Development
    *Similar details will be provided for the following companies
    • 11.5. Schrödinger, Inc.
    • 11.6. Simulations Plus, Inc.
    • 11.7. Rhenovia Pharma
    • 11.8. Advanced Chemistry Development, Inc.
    • 11.9. Insilico Biotechnology AG
    • 11.10. Physiomics plc
    • 11.11. Genedata AG
    List of Figures

    Figure 1: Global Biosimulation Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
    Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 9: Global Biosimulation Market Forecast (USD Billion), by Others, 2016-2027
    Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
    Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
    Figure 16: North America Biosimulation Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
    Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
    Figure 31: Latin America Biosimulation Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
    Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
    Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
    Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
    Figure 47: Europe Biosimulation Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
    Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
    Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
    Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
    Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
    Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
    Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
    Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
    Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
    Figure 67: Asia Pacific Biosimulation Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
    Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
    Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
    Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
    Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
    Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
    Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
    Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
    Figure 86: Middle East & Africa Biosimulation Market Value Share (%), By Segment 1, 2019 & 2027
    Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
    Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
    Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
    Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
    Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
    Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
    Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
    Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
    Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
    Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
    List of Tables
    Table 1: Global Biosimulation Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
    Table 5: North America Biosimulation Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 9: Europe Biosimulation Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 13: Latin America Biosimulation Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 17: Asia Pacific Biosimulation Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Table 21: Middle East & Africa Biosimulation Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
    Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
    Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
    Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027
    Research Process

    Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

    In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

    FIGURE 1: DLR RESEARH PROCESS

    Primary Research

    Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

    In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

    It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

    Secondary Research

    Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

    Market Size Estimation

    Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

    Forecast Model