Drug Discovery Informatics Market Set to Expand by 2022-2029 Focusing on Key Players – Jubilant Biosys, IBM, Eurofins
The Global Drug Discovery Informatics Market is expected to USD 5.42 billion by 2029 and will grow at a CAGR of 11.77% in the forecast period of 2022 to 2029.
By employing definite steps to collect, record, and analyse market data, Drug Discovery Informatics Market research report has been prepared. This market analysis puts a light on various segments that are relied upon to witness the quickest business development amid the estimate forecast frame. Moreover, this market research report puts forth thorough overview of the market where it identifies industry trends, determines brand awareness and influence, provides industry insights and offers competitive intelligence. Market definition studies the market drivers and market restraints with which businesses can get idea of whether to increase or decrease the production of a particular product.
Due to high demand and the value of market research for the success of different sectors, Drug Discovery Informatics Market report is provided in such a way that it covers many work areas. Key market parameters range from industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, to company market share analysis. With the specific base year and the historic year, estimations and calculations are performed in the wide ranging Drug Discovery Informatics Market report.
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According to market research study, Drug discovery informatics make use sophisticated bioinformatics algorithms to process data related to drug, protein, disease, pathway, gene expression and also to sequence data and widen the flexible architecture to make new customized approaches and algorithms for various aspects of drug discovery which would facilitate to diminish the cost for drug development.
Some of most important key factors driving the growth of the Global Drug Discovery Informatics Market are increasing research spending on informatics by the pharmaceutical and biotechnology industries, rising demand and support for rare disease and orphan drug research and rising focus on drug discovery using informatics software.
The Global Drug Discovery Informatics Market is segmented on the basis of Function, Solutions, Workflow, Mode and End-User.
- On the basis of Function, the drug discovery informatics market is segmented into sequencing and target data analysis, docking, molecular modeling, library and database preparation and others.
- Based on the Solutions, the drug discovery informatics market is segmented into software and services.
- Based on the Workflow, the drug discovery informatics market is segmented into drug discovery and drug development. Drug discovery has further been segmented into identification and validation informatics assay development informatics and lead generation information processing.
- On the basis of Mode, the drug discovery informatics market is segmented into in-house informatics and outsourced informatics.
- On the basis of End-User segment of drug discovery informatics market is segmented into pharmaceutical and biotechnology companies, contract research organizations (CROS) and others.
In terms of the geographic analysis, North America region leads the drug discovery informatics market owing to the high incidence rates of different infectious diseases and oncology diseases as well as high growth of next generation sequencing and chemical laboratories within the region. APAC is expected to expand at a significant growth rate over the forecast period of 2022 to 2029 because of the presence of drug nanotechnology sector and ongoing research in software within this particular region.
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Global Drug Discovery Informatics Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Drug Discovery Informatics Market
2 To analyze and forecast the size of the Drug Discovery Informatics Market, in terms of value and volume
3 To analyze opportunities in the Drug Discovery Informatics Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Drug Discovery Informatics Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Drug Discovery Informatics Market
Top Leading Key Manufacturers are: Jubilant Biosys, IBM, Infosys Limited, Eurofins Scientific, Thermo Fisher Scientific, PerkinElmer Inc., Schrödinger, Inc., Dassault Systèmes, Charles River Laboratories, Selvita, Certara, GVK Biosciences Private Limited, Collaborative Drug Discovery, Inc, OpenEye Scientific Software, IO Informatics, Inc., Albany Molecular Research Inc., Accenture, Cognizant, Insilico Medicine and Boehringer Ingelheim International GmbH and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Drug Discovery Informatics in these regions, from 2013 to 2029 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Global Drug Discovery Informatics Market: Table of Contents
1 Report Overview 2022-2029
2 Global Growth Trends 2022-2029
3 Competition Landscape by Key Players
4 Global Drug Discovery Informatics Market Analysis by Regions
5 Global Drug Discovery Informatics Market Analysis by Type
6 Global Drug Discovery Informatics Market Analysis by Applications
7 Global Drug Discovery Informatics Market Analysis by End-User
8 Key Companies Profiled
9 Global Drug Discovery Informatics Market Manufacturers Cost Analysis
10 Marketing Channel, Distributors, and Customers
11 Market Dynamics
12 Global Drug Discovery Informatics Market Forecasts 2022-2029
13 Research Findings and Conclusion
14 Methodology and Data Source
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