10 Things About Drug Discovery Informatics Market to 2022 - Future Trends, Industry Insights and Company Overview
Key players in drug discovery informatics market are IBM (US), Infosys (India), Schrödinger (US), PerkinElmer (US), and Thermo Fisher Scientific (US). These players focus on inorganic strategies such as acquisitions, agreements, and collaborations as well as organic strategies such as product launches and expansions to sustain their growth in the global market.
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Growth in drug discovery informatics market is mainly driven by factors such as rising R&D expenditure across the globe, increasing focus on drug delivery, and the need to control drug discovery and development costs.
The global drug discovery informatics market is projected to reach USD 2.84 Billion in 2022 from USD 1.50 Billion in 2016, at CAGR of 11.2% during forecast period. Drug discovery informatics market in this report is segmented by function, solution, end user, and region.
Drug Discovery Informatics Market, By Function
1 Introduction
2 Sequencing & Target Data Analysis
3 Docking
4 Molecular Modelling
5 Libraries & Database Preparation
Drug Discovery Informatics Market, By End User
1 Introduction
2 Pharmaceutical and Biotechnology Companies
3 Contract Research Organizations (CROS)
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The drug discovery informatics market is divided into sequencing and target data analysis, docking, molecular modeling, libraries & database preparation, and other functions. In 2017, the sequencing and target data analysis segment is expected to account for the largest share of the drug discovery informatics market.
Key Target Audience:
- Providers drug discovery informatics solution
- Pharmaceutical companies
- Academic institutes
- Biotechnology companies
- Research institutes
- Government associations
- Contract research organizations (CROs)
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The drug discovery informatics market in this report is segmented by function, solution, end user, and region. The largest share of this segment is attributed to the fast and efficient management of data generated throughout the drug discovery process using discovery informatics software solutions.
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