openPR Logo
Press release

Global Drug Discovery Informatics Market 2019 Growth, COVID Impact, Trends Analysis Report 2025

01-21-2021 07:55 AM CET | Health & Medicine

Press release from: Orion Market Research

Global Drug Discovery Informatics Market

Global Drug Discovery Informatics Market

The growing technological advancement such as microarray-based expression profiling in genomics, proteomics and drug discovery domains, create a large amount of biological data that further encourages the demand of drug discovery informatics solutions. The drug discovery informatics solutions provide clinical decision systems that support R&D programs and other research studies to discover and develop safe and effective drugs for various chronic diseases including cancer, diabetes, and neurological diseases, among others. R&D budget has been increased around the globe owing to increasing funding, grants and other government support in R&D for drug discovery. The increase in R&D expenditure is also driven by increasing pharmaceutical sales coupled with technological advancement.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/drug-discovery-informatics-market

A significant increase in government funding for R&D programs has boosted the drug discovery market and other associated markets such as drug discovery informatics market. In 2018, it was stated by the NIH (National Institutes of Health), one of the foremost medical research centers, globally, that it invests around $39 billion for medical research in the US annually. Over 80% of the organization’s funding is granted through around 50,000 competitive grants to over 300,000 researchers at research institutions, medical schools, and universities across the US and other economies. Numerous investments in the industry have inspired significant financial resources into drug discovery space, enabling healthcare companies and organizations the opportunity of investing in R&D programs for various drug discovery and treatments coupled with adopting digital technologies such as informatics tools.

Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/drug-discovery-informatics-market

Growth in emerging economies will spur the drug discovery informatics market
The emerging ASEAN economies such as Singapore, Philippines, and Indonesia among others are full of opportunities and are getting an overwhelming response to drug discovery informatics services. Technological advancement and innovation in drug discovery informatics services and solutions are attracting the Lifescience companies, pharma companies, and other healthcare providers to adopt these products extensively. Growing ASEAN economies are the key destinations for informatics solutions and services providers to grow significantly due to the presence of a huge targeted customer base and improving the healthcare system. Additionally, with the effect of favorable regulations and government support various healthcare and cloud market players are entering the ASEAN region for business expansion or funding the regional players to explore the market opportunities.

In recent years, the trend for CROs is increasing in large and small biopharmaceutical companies for research services, across the breadth of manufacturing and R&D operations. CROs provide support to the biotechnology, pharmaceutical, and medical device industries through outsourced R&D services that span preclinical research, drug discovery, clinical research, commercialization, clinical trial management, and pharmacovigilance. Whilst the pharmaceutical industry is evolving, the biotechnology and pharmaceutical companies are noticeably dedicating their resources to particular areas of the healthcare industry’s value chain and have significantly developed vendor relationships for non-core functions. This trend has significantly benefitted the CROs by capturing a growing share of the core and non-core functions that optimally large pharmaceutical companies seek to outsource.

Global drug discovery informatics Market Segmentation
By Function
• Docking
• Molecular Modeling
• Libraries and Database Preparation
• Sequencing and Target Data Analysis
• Others
By End-User
• Pharmaceutical & Biotechnology Companies
• Contract Research Organization(CRO)
• Others( Research Institutes)

Global drug discovery informatics Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World

Company Profiles
• Accenture PLC
• Albany Molecular Research Inc.
• Charles River Laboratories, Inc.
• ChemBridge Corp.
• Clarivate Analytics
• Certara, L.P.
• Cognizant Function Solutions Corp.
• Collaborative Drug Discovery Inc.
• Dassault Systèmes SE
• Eurofins GSC Lux SARL
• Evotec SE
• GVK Biosciences Pvt Ltd.
• Jubilant Life Sciences
• Infosys Limited
• IBM Corp.
• Novo Informatics Pvt. Ltd.
• OpenEye Scientific Software
• PerkinElmer Inc.
• Schrödinger, LLC
• Selvita S.A.

Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/drug-discovery-informatics-market

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Drug Discovery Informatics Market 2019 Growth, COVID Impact, Trends Analysis Report 2025 here

News-ID: 2228616 • Views:

More Releases from Orion Market Research

Environment Conservation and Wildlife Organization Market Rising Demand and Growth Forecast Through 2033
Environment Conservation and Wildlife Organization Market Rising Demand and Grow …
In 2023, the global market for environment, conservation, and wildlife organizations was approximately USD 26.2 billion, and by 2033, it is projected to reach around USD 41.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 5.0% from 2024 to 2033. Environment Conservation and Wildlife Organization Market Overview The environment, conservation, and wildlife organizations market is experiencing steady growth, driven by increasing public awareness of environmental issues and the need for
Wooden Furniture Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Wooden Furniture Market Size Analysis, Competitive Insights, Leading Players and …
In 2023, the global wooden furniture market was valued at approximately USD 235.3 billion, and by 2033, it is projected to reach around USD 327.7 billion, reflecting a compound annual growth rate (CAGR) of approximately 3.4% from 2024 to 2033. Wooden Furniture Market Overview The global wooden furniture market is experiencing steady growth, driven by increasing consumer demand for sustainable and aesthetically pleasing home furnishings. Factors such as rising disposable incomes, urbanization,
Warehouse Management Systems Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Warehouse Management Systems Market Size Analysis, Competitive Insights, Leading …
In 2023, the global Warehouse Management Systems (WMS) market was approximately USD 3.2 billion, and by 2033, it is expected to reach around USD 9.4 billion, reflecting a compound annual growth rate (CAGR) of approximately 11.4% from 2024 to 2033. Warehouse Management Systems Market Overview The Warehouse Management Systems (WMS) market is rapidly growing as businesses increasingly seek to optimize their supply chain and inventory management processes. WMS solutions help improve operational
Space Technology Market Rising Demand and Growth Forecast Through 2033
Space Technology Market Rising Demand and Growth Forecast Through 2033
The global space technology market was valued at approximately USD 443.20 billion in 2023, and is projected to grow to about USD 916.85 billion by 2033, representing a compound annual growth rate (CAGR) of roughly 7.54% during the period from 2024 to 2033. Space Technology Market Overview The space technology market is experiencing strong expansion, driven by a surge in satellite innovation, advances in launch systems, and a growing wave of commercial

All 5 Releases


More Releases for R&D

Sales Acceleration Technology Market 2023: Sales and Industry Revenue Forecasts- …
The Sales Acceleration Technology market has witnessed growth from USD XX million to USD XX million from 2017 to 2023. With the CAGR of X.X%, this market is estimated to reach USD XX million in 2029. The report focuses on the Sales Acceleration Technology market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, supply chain. Technological
R&D Incentive Services Market is Booming Worldwide | KPMG, R&D Incentives, Deloi …
The latest report released on Global R&D Incentive Services Market analyses areas where there is still room for improvement. Irrespective of industry, organization size, or geographic location, the R&D Incentive Services Market study suggests that advanced technologies are playing a bigger role than ever before. The assessment provides trend, growth factors and estimates for Global R&D Incentive Services Market forecasted till 2028. Some of the key players profiled are KPMG
Siveco doubles China R&D investment
On July 3, 2019, Siveco China held its half-year management meeting at the prestigious Hellas House in Shanghai, a nod to the company's continuing growth on the Belt & Road. With financial results above target, high customer satisfaction (as shown in the latest audited customer satisfaction survey) and a sales pipeline more promising than ever, the company's management board announced that shareholders have approved its request for additional investment in
R&D Collaborative Projects by GD Rectifiers
GD Rectifiers have extensive experience in collaborative R&D projects and are proud to work with some of the UK’s pioneering power electronic companies to drive design and innovation forward. This R&D service helps drive GD Rectifiers forward as a cutting edge manufacturer embracing fundamental technologies that support product development that contribute to next generation products throughout: renewable energy, embedded systems, smart metrering and the rail industry. Power Assemblies, Controllers and
Noliac is expanding the R&D team
Noliac is looking for two new colleagues for the R&D team in Prague, Czech Republic: A Precision/Fine Mechanics and an Electroengineer. Precision/Fine Mechanics For the R&D team in Prague, Czech Republic, Noliac is looking for a Precision/Fine mechanics to work on modifying existing products and work with developing new. Noliac requires a colleague who: Is mechanically skilled with a focus on very small machinery. Holds a technical high school degree or an apprenticeship
Leiber GmbH further invests in R&D
Since February 2016, Leiber GmbH has been reinforced by Dr med vet Claudia Westfahl - a veterinarian specialized in animal nutrition - as part of the company's strategy to invest in new product developments. With the new position ‘Product Development Animal Nutrition’, Dr Westfahl is responsible for new product development in the field of functional feed ingredients for both pet as well as farm animals. After graduating at the University