Drug Discovery Informatics Market Demand and Competitive Analysis by Leading Players to 2028

Drug Discovery Informatics Industry Overview

The global drug discovery informatics market size was valued at USD 2.39 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2021 to 2028. The drug discovery informatics market is set to gain momentum in the coming years due to advancements in high-performance computing & web services, increasing adoption of in-silico modeling tools, the growing volume of drug discovery data, and rising demand for novel medicine moieties. The launch of advanced drug discovery information technology is set to intensify the industry competition. For instance, in January 2021, Certara, Inc. launched Simcyp Physiologically-based Pharmacokinetic (PBPK) Simulator platform version 20. The new models help in assessing and analyzing the drug action during pregnancy and lactation.

Gather more insights about the market drivers, restrains and growth of the Global Drug Discovery Informatics Market

Drug Discovery Informatics Market

In addition, it helps the customers with critical decisions regarding optimizing medicine safety and efficacy profile. Companies are also increasingly adopting informatics solutions to shorten the long drug discovery timeline. For instance, in December 2020, Curve Therapeutics Ltd. implemented the CDD Vault platform for managing its genetically encoded Microcycle platform. It is a ubiquitous hosted platform suitable for applications across pharmaceutical, biotechnology, and academic institutes for securing and seamless sharing of data in real-time, thereby facilitating collaborative discoveries.

Moreover, the accelerated Covid-19 drug discovery around the world is further contributing to the market growth. For instance, for providing fast-track solutions, scientists performed virtual screening using medicine from the DrugBank, for targeting the viral proteins and human ACE2 receptors. These studies were based on in silico tools for screening small molecules that have the potential usage in drug discoveries against Covid-19.

Similarly, companies are developing several web services & solutions for supporting various steps of drug development for Covid-19. For instance, in June 2020, the IBM visual molecular explorer platform explored a selected set of the generated molecules targeting the coronavirus (SARS-CoV-2). The open-source sharing of the AI-generated artefacts in the explorer helped in the initial stages of optimal medicine designing.

Browse through Grand View Research's Pharmaceuticals Industry Research Reports.

Peptide Antibiotics Market: The global peptide antibiotics market size was valued at USD 4.37 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2022 to 2030. The factors responsible for driving the growth of the market are increasing demand of peptide antibiotics in hospitals and clinics, increasing prevalence of diseases such as, bacterial skin infections, blood stream infections, and hospital acquired infections.

Specialty Generics Market: The global specialty generics market size was valued at USD 67.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.2% from 2022 to 2030. The increasing adoption of specialty generic medicines for the treatment of complex chronic diseases such as hepatitis C and their increasing prevalence is a key driver for the market.

Drug Discovery Informatics Market Segmentation

Grand View Research has segmented the global drug discovery informatics market on the basis of workflow, mode, services, and region:

Drug Discovery Informatics Workflow Outlook (Revenue, USD Million, 2017 - 2028)

Discovery Informatics

Development Informatics

Drug Discovery Informatics Mode Outlook (Revenue, USD Million, 2017 - 2028)

Outsourced

In-house


Drug Discovery Informatics Services Outlook (Revenue, USD Million, 2017 - 2028)

Sequence Analysis Platforms

Molecular Modeling

Docking

Clinical Trial Data Management

Others Services


Drug Discovery Informatics Regional Outlook (Revenue, USD Million, 2017 - 2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa


Key Companies profiled:

Some prominent players in the Global Drug Discovery Informatics Market include

Certara

Boehringer Ingelheim International GmbH

Infosys Ltd.

Charles River Laboratories

Eurofins DiscoverX Products

Jubilant Biosys

Selvita

Novo Informatics Pvt. Ltd.

ChemAxon Ltd.

Albany Molecular Research Inc.

Oracle

Accenture

Agilent Technologies, Inc.

Illumina, Inc.

Order a free sample PDF of the Drug Discovery Informatics Market Intelligence Study, published by Grand View Research. 


Comments

Popular posts from this blog

Smart Cities Market Opportunities, Segmentation and Forecast Report 2024 - 2030

Smart Agriculture Market 2024-2030: Key Companies and Emerging Trends

Exploring the Future of the Electric Bus Market: Key Innovations and Trends