Press release
Molecular Modelling Market Outlook 2019 With Genedata, Certara, Schrödinger, Indigo Instruments, Thermo Fisher Scientific, Dassault Systèmes, Advanced Chemistry Development, Inc., Chemical Computing Group, Physiomics plc
Molecular Modelling Market
Global molecular modelling market is set to witness a stable CAGR of 15.25% in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. Increasing chronic diseases worldwide is the major factor for the growth of this market.
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Molecular modelling is a technique which is used for drug designing process and which describes the, generation or manipulation, three- dimensional structures of molecules and physic-chemical properties. In simple words, they are used to study the structures and behavior of molecules. They are also used for computational biology and material science. Many different computerized techniques are used to analyze the biological and molecular property.
Key Market Competitors:
Few of the major competitors currently working in the molecular modelling market are Cresset, Schrödinger, LLC, Optibrium, Ltd., BioSolveIT GmbH, Simulations Plus., Chemical Computing Group ULC, Certara, L.P., OpenEye Scientific Software, Dassault Systèmes, Thermo Fisher Scientific Inc., Indigo Instruments, Advanced Chemistry Development, Physiomics Plc, Genedata AG, Rosa & Co., LLC, Bioinformatics Inc., Bruker, Biomax Informatics AG and QIAGEN.
Key Developments in the Market:
· In September 2017, UCL-led consortium announced the launch of their new national High Performance Computing facility. This is specially designed to aid research in materials and molecular modelling and will offer Tier 2 supercomputing facility to the HPC users across UK. This will provide researchers training, skilled activities and community building development.
· In July 2018, MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Department of Electrical Engineering and Computer Science have developed a model so that chemist can easily target the molecule with known potential to interact and can modify the structure to get higher potency. It will directly take the input and will create the molecular graphs and would give details about the structures as well.
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Market Drivers
· Technological advancement and development is driving the market
· Increasing investment by the Pharmaceutical and Biotechnology companies on R&D is driving the market
Market Restraints
· Lack of trained and skilled professionals is restraining the market growth
· High cost of these devices is restraining the market
Segmentation: Global Molecular Modelling Market
· By Product
o Software
o Services
· By Application
o Drug Development
o Drug Discovery
Direct Drug Design
Indirect Drug Design
Molecular Mimicry
o Others
· By End- User
Pharmaceutical & Biotechnology Companies
Research Centers & Academic Institutions
Others
· By Approach
Molecular Mechanics Approach
Quantum Chemistry Approach
· By Geography
o North America
US.
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
o Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Global molecular modelling market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of molecular modelling market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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