Global Drug Discovery Informatics Market Huge Growth For The Upcoming Years|Covid-19 Impact Analysis||Key Players-IBM Corporation, Infosys Limited, Thermo Fisher Scientific, PerkinElmer Inc., Schrödinger, LLC
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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.
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, 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.
Increasing rate of oncology and infectious disease is driving the growth of drug discovery informatics.
Increasing investment on R&D is driving the market
High installation cost is restraining the growth of this market
Lack of trained and skilled professional is restraining.
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Segmentation: `Global Drug Discovery Informatics Market
(Sequencing & Target Data Analysis, Docking, Molecular Modelling, Libraries & Database Preparation, Other Functions),
(Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROS), Other End Users),
(Discovery Informatics, Development Informatics),
(In-House Informatics, Outsourced Informatics),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Points to focus in the report
What was the market size in 2016?
What are the moves of key players?
Which region is leading the market at global level?
A comprehensive/competitive analysis of the market?
Strategies of key players and product offerings
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