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The future of the global cloud computing in cell biology, genomics, and drug development market looks promising with opportunities in discovery & preclinical research, clinical trial, pharma manufacturing, commercialization, and plant & microbial gene analyses applications. Cloud computing in the global cell biology, genomic, and drug development market is expected to grow with a CAGR of 22%-24% from 2020 to 2025. The major drivers for this market are rising research activities related to genomics, increasing prevalence of cancer, and growing focus on genomics for drug discovery.
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In this market, discovery & preclinical research is the largest application of cloud computing in cell biology, genomics, and drug development, whereas pharceutical and biotechnology companies is the largest end user. Growth in various segments of the of cloud computing in cell biology, genomics, and drug development market are given below: