Cheminformatics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Application (Chemical Analysis, Drug Discovery and Validation, Virtual Screening, Others), By End User (Chemical & Pharmaceutical Companies, Academic & Research Institutions, Others), By Company, and By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCheminformatics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Application (Chemical Analysis, Drug Discovery and Validation, Virtual Screening, Others), By End User (Chemical & Pharmaceutical Companies, Academic & Research Institutions, Others), By Company, and By Region
Global cheminformatics market is anticipated to observe an impressive growth for the forecast period. The major factors include increasing awareness of personalized medicine combined with unsustainable liability of chronic disease is propelling the growth of cheminformatics market. Moreover, due to the awareness of personalized drugs among people, a sudden increase in usage of stratified medicines has made a positive influence on the cheminformatics market. Furthermore, the other factors which impel the growth of the market are investing investments in research and development
Increasing Awareness Pertaining to Personalized Medicines
Nowadays, people are aware of these precision drug due to various initiatives such as The European Cancer Patient Coalition (ECPC) launched a campaign in 2018 to spread awareness regarding the personalized drugs and its function.
Design and Developments
Cheminformatics primarily deals with the new drug discovery which helps to treat various diseases without any side effects, propelling the growth of cheminformatics market. When these drugs are being synthesized, a vast amount of data is produced, which results in designing of a new drug molecule. Also, the leading market players are combining innovative information storage and retrieval technologies in cheminformatics. In addition, advancements in drug developments process have driven the growth of the market as various modern drug development techniques are being used instead of traditional drug discovery method. For instance, In-silico techniques are being used instead of traditional animal testing models as this technique helps to forecast the toxicity and evaluate the risk linked to it. Therefore, these technological advancements and developments will bolster the growth of cheminformatics market globally in upcoming years.
Increasing Investments to Boost Cheminformatics Market
For instance, in 2020, research and development expenditure on pharmaceutical company in the Unites States was USD 91.1 billion.
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Market Segmentation
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Market Players
Agilent Technologies Inc., Bio-Rad Laboratories Inc., PerkinElmer NC., Accelrys Software Inc., Chemical Computing Group, Inc., Certara, L.P., Advanced Chemistry Development, Inc. (ACD/Labs), BioSolveIT GmbH, BIOVIA (Dassault Systèmes), ChemAxon Inc., Eurofins CEREP SA (Eurofins Panlabs Inc.), Jubilant Biosys Inc., Molecular Discovery Ltd., OpenEye Scientific Software Inc., Schrödinger Inc are the key players operating in the cheminformatics market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Application · End user · Company · Region |
| Regional scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; Indonesia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; |
| Key companies profiled | Agilent Technologies Inc., Bio-Rad Laboratories Inc., PerkinElmer NC., Accelrys Software Inc., Chemical Computing Group, Inc., Certara, L.P., Advanced Chemistry Development, Inc. (ACD/Labs), BioSolveIT GmbH, BIOVIA (Dassault Systèmes), ChemAxon Inc., Eurofins CEREP SA (Eurofins Panlabs Inc.), Jubilant Biosys Inc., Molecular Discovery Ltd., OpenEye Scientific Software Inc., Schrödinger Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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