Drug Discovery Informatics Market to Grow at a Steady Pace During 2021-2026

The Drug Discovery Informatics Market study by Company, Regions, Type and Application; offered by Stratview Research discusses the most up-to-date market trends as well as an industry growth estimate for the next 5 years. The report covers industry profiles of key players, including market share, regional analysis, and market division, business & development strategies, mergers & acquisitions, alliances, and key financial data, etc.

The information provided in this report is acquired from several well-grounded primary and secondary sources, such as, white papers, press releases, news, interviews with key players, revenue data sheets, etc.

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Market Insights

According to the report, the Drug Discovery Informatics Market is likely to witness an impressive CAGR of 9.3% during the forecast period. The prime factors that are likely to drive the market are the increasing expenditure in R&D activities, growing support for research in the pharmaceutical areas, especially for rare diseases, and the escalating use of informatics for discovery of new drugs.

Market Segments’ Analysis

Drug Discovery Informatics Market Share: By Function Type

Based on the function type, the market is segmented as sequencing & target data analysis, docking, molecular modelling, library & database preparation, and others. The sequencing & target data analysis segment held the largest share of the market in 2019, owing to the increased application of sequencing analysis and ease of handling information from different sources and domains. The segment is likely to maintain its leading position during the forecast period as well.

Drug Discovery Informatics Market Share: By End-User Type

Based on the end-user type, the drug discovery informatics market is segmented as pharmaceutical companies, biotechnology companies, contract research organizations (CROs), and others. The pharmaceutical companies’ segment led the market in 2019, and is expected to dominate the market over the forecast period. The growth of the segment is driven by the extensive use of software for pre-clinical research & developmental activities, target identification, compound screening and lead identification, and streamlining drug discovery processes.

Drug Discovery Informatics Market Share: By Region

In terms of regions, North America held the largest share of the market in 2019, followed by Europe. North America is expected to command the market during the forecast period as well. The dominant position of North America is due to the presence of major CROs and increasing expenditure by pharmaceutical and biopharmaceutical companies. On the other hand, Asia-Pacific is likely to grow at the highest CAGR during the forecast period, driven by the rapid growth of pharmaceutical and biopharmaceutical industries and growing number of CROs in the region, with China and India being the major countries offering promising growth opportunities over the forecast period.

Key Players

The following are the key players in the Drug Discovery Informatics Market–

• Accenture PLC
• Albany Molecular Research Inc.
• Charles River Laboratories International, Inc.
• Clarivate Analytics LLC
• Eurofins Scientific SE
• IBM Corporation
• Jubilant Life Sciences Limited
• PerkinElmer Inc.
• Schrödinger, Inc.
• Thermo Fisher Scientific Inc. 

Research Methodology

This market report from Stratview Research provides a thorough analysis that reflects present and future market possibilities for the forecast period of 2021 to 2026. This market report is compiled through several authenticated secondary sources, such as company’s annual reports, press releases, white papers, articles, etc. Also, the market experts have performed several interviews with the industry stakeholders in order to collect reliable and insightful information.

Custom Research:

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Critical Questions Answered in the Report

• What are the key trends in the Drug Discovery Informatics Market?
• How has the market (and its various sub-segments) grown in the last five years?
• What would be the growth rate in next five years?
• What is the impact of COVID-19 on the market?
• What are the key strategies adopted by the major vendors to lead in the Drug Discovery Informatics Market?
• What is the market share of the top vendors?

About Us

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