Global Drug Discovery Informatics Market is expected to rise from its initial estimated value of USD 1.85 billion in 2018 to an estimated value of USD 4.34 billion by 2026, registering a CAGR of 11.27% in the forecast period of 2019-2026. Increasing investment on R&D is driving the growth of this market.
The global drug discovery informatics report is generated based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. By using integrated approaches and most up-to-date technology for the unmatched results this drug discovery informatics market research report has been generated. The market analysis report also makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. The report also analyses the emerging trends along with major drivers, challenges and opportunities in the drug discovery informatics market.
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Few of the major competitors currently working in drug discovery informatics market are Jubilant Life Sciences Ltd., IBM Corporation, Infosys Limited, Thermo Fisher Scientific, PerkinElmer Inc., Schrödinger, LLC, Dassault Systèmes, Charles River, Selvita, Certara, L.P., GVK Biosciences Private Limited, Collaborative Drug Discovery, Inc, OpenEye Scientific Software, IO Informatics, Inc., Albany Molecular Research Inc., Insilico Medicine, Charles River, Boehringer Ingelheim International GmbH.
Key Developments in the Market:
- In November 2018, Accenture announced the launch of their open partner ecosystem whose main aim is to help the software vendors and life sciences companies so that they can do drug discovery. It will help the companies to improve their efficiency and productivity. This will also give the access to the researchers to do genomics data analysis, biological data storage, biological registration etc.
- In February 2018, Certara announced the launch of their new informatics platform version 10 of D360™. It is a visualize solution which will be used in cheminformatics and bioinformatics data sources which help the researcher to decide whether it is useful or not. This will help the researcher in quick decision making. It also has new presentation capability that will simply convert raw data into the sample view.
Global drug discovery informatics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of drug discovery informatics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
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- Increasing rate of oncology and infectious disease is driving the growth of drug discovery informatics.
- Increasing investment on R&D is driving the market
- High installation cost is restraining the growth of this market
- Lack of trained and skilled professional is restraining.
Segmentation: Global Drug Discovery Informatics Market
- By Function
- Sequencing & Target Data Analysis
- Molecular Modelling
- Libraries & Database Preparation
- Other Functions
- By Solutions
- By End- User
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations (CROS)
- Other End Users
- By Product
- Discovery Informatics
- Development Informatics
- By Mode
- In-House Informatics
- Outsourced Informatics
- By Geography
- North America
- South America
- Middle East and Africa
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