The global drug discovery informatics market is projected to have a considerable CAGR of around 10.1% during the forecast period. The market growth mainly backed by the increasing pharmaceutical R&D, increasing investment in the drug discovery and research, others. Recent advancements such as microarray-based expression profiling in genomics, proteomics, and drug discovery domains, create a large amount of biological data that further encourages the demand drug discovery informatics solutions. Drug discovery informatics solutions provide clinical decision systems that support R&D programs and other research studies to discover and develop safe and effective drugs for various chronic diseases including cancer, diabetes, and neurological diseases, among others.
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Research programs related to human genetics have been analysed in combination with health data and have become increasingly vital for understanding the most complex diseases. Government grants and funding is projected to boost the research programs for the prevention, diagnosis, treatment, intervention, and discovery of new drugs that further increases the demand of informatics tools in drug discovery applications.
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Global Drug Discovery Informatics Market Segmentation
By Function
Docking
Molecular Modeling
Libraries and Database Preparation
Sequencing and Target Data Analysis
Others
By End-User
Pharmaceutical & Biotechnology Companies
Contract Research Organization(CRO)
Others( Research Institutes)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Accenture PLC
Albany Molecular Research Inc.
Charles River Laboratories, Inc.
ChemBridge Corp.
Clarivate Analytics
Certara, L.P.
Cognizant Function Solutions Corp.
Collaborative Drug Discovery Inc.
Dassault Systèmes SE
Eurofins GSC Lux SARL
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