Press release
Global Drug Discovery Informatics Market 2020-2027 Major Players Hitting the Reset Button || Jubilant Life Sciences Ltd., IBM Corporation, Infosys Limited, Thermo Fisher Scientific, PerkinElmer Inc., Schrödinger, LLC
According to this Global Drug Discovery Informatics Market report, the key market players are making moves like product launches, joint ventures, developments, mergers and acquisitions which has influence on the market and Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. The Global Drug Discovery Informatics Market research report takes into account key product developments and tracks recent acquisitions, mergers and research in the industry by the top market players. This Global Drug Discovery Informatics Market report provides you with the relevant information about your niche and saves your lot of time that you may otherwise take for decision making.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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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.
Competitive Analysis:
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.
Key Market Competitors:
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.
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
Market Restraints:
High installation cost is restraining the growth of this market
Lack of trained and skilled professional is restraining.
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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.
Research objectives
To perceive the most influencing pivoting and hindering forces in Drug Discovery Informatics market and its footprint in the international market.
Learn about the market policies that are being endorsed by ruling respective organizations.
To gain a perceptive survey of the market and have an extensive interpretation of the Drug Discovery Informatics market and its materialistic landscape.
To understand the structure of Drug Discovery Informatics market by identifying its various sub segments.
Focuses on the key global Drug Discovery Informatics market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Drug Discovery Informatics market submarkets, with respect to key regions (along with their respective key countries).
To strategically profile the key players and comprehensively analyze their growth strategies
To analyze the Drug Discovery Informatics market with respect to individual growth trends, future prospects, and their contribution to the total market.
For More Insights Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-drug-discovery-informatics-market&pm
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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