Global Drug Discovery Informatics MarketPosted by NISHA SHAHA on December 9th, 2021 The global drug discovery informatics market accounted for US$ 2.3 billion in 2020 and is estimated to be US$ 4.9 billion by 2029 and is anticipated to register a CAGR of 8.9% The report \"Global Drug Discovery Informatics Market, By Solution (Software and Services), By Function (Sequencing & Target Data Analysis, Docking, Molecular Modelling, Library & Database Preparation, and Other functions), By Application (Drug Discovery and Drug Development), By End-user (Pharmaceutical Companies, Biotechnology Companies, Contract Research Organization (CROs), and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”. Key Highlights:
Analyst View: Growing adoption of in-silico modeling tools Introduction of in silico tools enables computation with diverse workflows that are in sync with rate of modern medicinal chemistry is one of the key drift motivating the target market growth. Drug discovery is a practical procedure in pharmaceutical and biotechnology firms. It includes diverse steps and procedures that depend on in-silico tools for decreasing the complexity of a process. Identification of lead molecules needs analysis and synthesis of numerous derivatives that can be designed with the help of in silico modeling tools. Success of a drug discovery experiment relays widely on effectiveness of tools employed to measure diverse aspects of drugs. For example, in-silico tools used herein include modeling tools for determination of protein-ADMET assessment-affinity and 3D structures of ligand estimation in drug-ligand interaction and in docking for pharmacological profiling. Advancements in web services and high-performance computing Advancements in terms of fundamental algorithms employed by computational information processing for predictive chemistry are mainly to boost the global market in the upcoming years. This advancements helps to improve scientific innovation and laboratory informatics. Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Drug Discovery Informatics Market”, By Solution (Software and Services), By Function (Sequencing & Target Data Analysis, Docking, Molecular Modelling, Library & Database Preparation, and Other functions), By Application (Drug Discovery and Drug Development), By End-user (Pharmaceutical Companies, Biotechnology Companies, Contract Research Organization (CROs), and Other End Users), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029 Key Market Insights from the report: The global drug discovery informatics market accounted for US$ 2.3 billion in 2020 and is estimated to be US$ 4.9 billion by 2029 and is anticipated to register a CAGR of 8.9%. The market report has been segmented on the basis of solution, function, application, end-user, and region.
To know the upcoming trends and insights prevalent in this market, click the link below: https://www.prophecymarketinsights.com/market_insight/Global-Drug-Discovery-Informatics-Market-4407 Competitive Landscape: The prominent player operating in the global drug discovery informatics market includes Albany Molecular Research, Inc., Certara, Collaborative Drug Discovery, Inc., Charles River Laboratories, Infosys, Boehringer Ingelheim GmBh, GVK Biosciences, DiscoverX, ChemAxon, and Jubilant Biosys. The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report. About Prophecy Market Insights Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business. Some Important Points Answered in this Market Report Are Given Below:
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