Which are the major companies in the Computer-Aided Drug Discovery Market?
Posted by pooja on August 11th, 2022
The computer-aided drug discovery market has been anticipated to grow with an increasing count of chronic diseases and some unknown diseases that further increase the requirement for drug development at a rapid pace.
The computer-aided drug discovery has been a cutting-edge computational methodology that is used to identify as well as implement potential leads in the drug discovery. The computer-aided drug design encompasses rational drug design, molecular modeling, and computational chemistry. It is also used in order to improve the quality of the lead that is identified. Along with this, computer-aided methodologies have been gaining popularity and acceptance not only in academic but also in pharmaceutical circles. The methodology from the computer-aided drug discovery market has been helpful to save time. In addition to this, it is cheap and quick. These factors are projected to contribute to revenue generation opportunities in the computer-aided drug discovery market.
On the flip side, the shortage of skilled personnel in order to operate the solutions for computer-aided drug discovery is estimated to limit the expansion opportunities in the computer-aided drug discovery market in the following years. Along with this, lower product penetration across emerging economies has also been predicted to restrict growth impetuses in the market.
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Joined: July 27th, 2022
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