Press release
Drug Discovery Informatics Market Opportunities, Industry Size 2019 With Jubilant Life Sciences, Schrödinger, GVK Biosciences, Selvita, Dassault Systèmes, Charles River, IBM, Infosys, Thermo Fisher Scientific, PerkinElmer Inc., Certara
Every possible effort has been made when research and analysis is performed to prepare this drug discovery informatics market research report. All statistical and numerical data is interpreted with the use of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis. Clients accomplish unparalleled insights and acquaintance of the drug discovery informatics market opportunities into their respective markets from this market report. In addition, businesses can recognize the extent of the marketing problems, causes for failure of particular product (if any) already in the market, and prospective market for a new product to be launched with the drug discovery informatics report.Market research analysis and insights covered in this drug discovery informatics report are very considerate for the businesses to make better decisions, to develop better strategies about production, marketing, sales and promotion of a particular product and thereby extending their reach towards the success. With the use of outstanding practice models and excellent method of research to generate this report that aids businesses to uncover the greatest opportunities to prosper in the drug discovery informatics market. While preparing this report, no stone is left unturned to consider public demands, competencies and the constant growth of the working industry, vibrant reporting, and high data protection services.
Global Drug Discovery Informatics Market is expected to rise from its initial estimated value of USD 1.85 billion in 2018 to an estimated value of USD 4.34 billion by 2026, registering a CAGR of 11.27% in the forecast period of 2019-2026. Increasing investment on R&D is driving the growth of this market.
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. Few of the major competitors currently working in drug discovery informatics market are
· Jubilant Life Sciences Ltd.
· IBM Corporation
· Infosys Limited
· Thermo Fisher Scientific
· PerkinElmer Inc.
· Schrödinger, LLC
· Dassault Systèmes
· Charles River
· Selvita
Others: Certara, L.P., GVK Biosciences Private Limited, Collaborative Drug Discovery, Inc, OpenEye Scientific Software, IO Informatics, Inc., Albany Molecular Research Inc., Insilico Medicine, Charles River, Boehringer Ingelheim International GmbH.
Market Definition: Global Drug Discovery Informatics Market
Drug discovery informatics is a method which generates large amount of data and information on drug and diseases which is used for research and development. It is usually used to speed up the screening drug molecules. Drug discovery informatics creates correct real- time data and increase the speed of the drug innovation process. Rising chronic diseases like cancer, diabetes etc. is the major factor fuelling the market.
Key Developments in the Market:
· In November 2018, Accenture announced the launch of their open partner ecosystem whose main aim is to help the software vendors and life sciences companies so that they can do drug discovery. It will help the companies to improve their efficiency and productivity. This will also give the access to the researchers to do genomics data analysis, biological data storage, biological registration etc.
· In February 2018, Certara announced the launch of their new informatics platform version 10 of D360™. It is a visualize solution which will be used in cheminformatics and bioinformatics data sources which help the researcher to decide whether it is useful or not. This will help the researcher in quick decision making. It also has new presentation capability that will simply convert raw data into the sample view.
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Market Drivers:
· Increasing rate of oncology and infectious disease is driving the growth of drug discovery informatics.
· Increasing investment on R&D is driving the market
Global drug discovery informatics 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 drug discovery informatics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Segmentation: Global Drug Discovery Informatics Market
· By Function
o Sequencing & Target Data Analysis
o Docking
o Molecular Modelling
o Libraries & Database Preparation
o Other Functions
· By Solutions
o Software
o Services
· By End- User
o Pharmaceutical and Biotechnology Companies
o Contract Research Organizations (CROS)
o Other End Users
· By Product
o Discovery Informatics
o Development Informatics
· By Mode
o In-House Informatics
o Outsourced Informatics
· By Geography
o North America
o South America
o Europe
o Asia-Pacific
o Middle East and Africa
Key Insights in the report:
· Complete and distinct analysis of the market drivers and restraints
· Key Market players involved in this industry
· Detailed analysis of the market segmentation
· Competitive analysis of the key players involved
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