Cloud computing in cell biology market is expected to grow at a CAGR of 22%-24% by 2025 – An exclusive market research report by Lucintel
Lucintel’s latest market report analyzed that cloud computing in cell biology provides attractive opportunities in discovery & preclinical research, clinical trial, pharma manufacturing, commercialization, and plant & microbial gene analyses applications. The cloud computing in cell biology market is expected to grow at a CAGR of 22%-24%. In this market, discovery and preclinical research is the largest segment by application, whereas pharmaceutical and biotechnology companies are largest by end user.
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Based on application, the cloud computing in cell biology market is segmented into discovery and preclinical research (genomics, diagnostics, and others), clinical trials, pharma manufacturing, commercialization, and plant & microbial gene analyses. The discovery and preclinical research segment accounted for the largest share of the market in 2020 due to rising demand for genomics and increasing cancer diagnosis.
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The cloud computing in cell biology market is marked by the presence of several big and small players. Some of the prominent players offering cloud computing in cell biology include Google, Amazon Web Services, IBM, Oracle, Microsoft, Cisco Systems, DXC Technology, Salesforce, and SAP.
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