According to the latest report by IMARC Group, titled “Chemoinformatics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global chemoinformatics market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 13% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Chemoinformatics represents a new field of information technology (IT) that focuses on the storage, collection, analysis, and manipulation of chemical data. This data primarily includes information about structures, formulas, properties, spectra, industrial and biological activities, etc. Chemoinformatics involves the usage of physical chemistry theory along with computer and information science techniques. It assists in defining archival data protocols and representing three-dimensional (3D) molecular structures, which enables searching and comparing compounds with specific features. Chemoinformatics is extensively utilized in the pharmaceutical industry to formulate novel biotechnological processes and products.
The rising prevalence of chronic diseases is among the key factors driving the chemoinformatics market. Besides this, various advancements in the drug development process and the elevating popularity of in-silico techniques, which find wide-ranging applications in different stages of drug designing, are further catalyzing the market growth. Moreover, the growing need for chemoinformatics in anti-viral research and in the study of therapeutics is acting as another significant growth-inducing factor. In addition to this, the increasing awareness about the importance of effective management of data related to 3D molecular and crystal structures, physical properties, spectroscopic signatures, molecular functional groups and docking sites, etc., is also augmenting the global market. Furthermore, the escalating investments in research and development (R&D) activities aimed at analyzing potential drug candidates and studying molecular and atomic reactions are anticipated to fuel the chemoinformatics market over the forecasted period.
Chemoinformatics Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global chemoinformatics market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- 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.
Key Market Segmentation:
The report has segmented the global chemoinformatics market on the basis of application and region.
Breakup by Application:
- Chemical Analysis
- Drug Discovery
- Drug Validation
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/chemoinformatics-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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