The Drug Discovery Informatics Global Market Report 2023, provides comprehensive information on the drug discovery informatics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Drug Discovery Informatics Global Market Report 2023, the market size is expected to grow from $2.97 billion in 2022 to $3.32 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global drug discovery informatics market is expected to grow to $5.21 billion in 2027 at a CAGR of 11.9%.
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Technological advancements have emerged as a key trend gaining popularity in the drug discovery informatics market. Major companies operating in the drug discovery informatics market are focused on developing technologically advanced solutions to sustain and strengthen their market position. For instance, in January 2021, Certara Inc., a US-based biosimulation company introduced version 20 of its Simcyp Physiologically-based Pharmacokinetic (PBPK) Simulator platform. It provides new and improved maternal health models, such as measuring medicine performance during pregnancy and lactation. The Simcyp PBPK Simulator enhances clinical trial efficiency and results by modelling and simulating pharmacokinetics (PK) and pharmacodynamics (PD) using virtual patient populations. For biological drug development, it employs the predictive pharmacokinetics of small molecules.
The drug discovery informatics market is segmented:
1) By Service: In-House, Outsourced
2) By Modality: Cloud-Based Systems, In-Campus
3) By Application: Data Sequencing, Molecular Docking, Identification and Validation, Target Data Analysis
4) By End-User: Pharmaceutical Companies, Contract Research Organizations, Bio-Technology Companies
North America was the largest region in the drug discovery informatics market in 2022.
The table of contents in TBRC’s drug discovery informatics market report includes:
1. Executive Summary
2. Drug Discovery Informatics Market Characteristics
3. Drug Discovery Informatics Market Trends And Strategies
4. Drug Discovery Informatics Market – Macro Economic Scenario
5. Drug Discovery Informatics Market Size And Growth
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26. Africa Drug Discovery Informatics Market
27. Drug Discovery Informatics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drug Discovery Informatics Market
29. Drug Discovery Informatics Market Future Outlook and Potential Analysis
30. Appendix
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