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Global Drug Modelling Software Market is expected to grow at a CAGR of 8.1% from 2020 to 2027 Biognos Ab, Compugen Ltd, Acellera ltd., Leadscope, Inc

06-02-2021 03:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Paerners

Drug Modeling Software Market is expected to reach US$ 6,205.22 Mn by 2027

Drug Modeling Software Market is expected to reach US$ 6,205.22 Mn by 2027

The drug modelling software market was valued at US$ 6,205.22 million in 2019 and is projected to reach US$ 11,299.85 million by 2027; it is expected to grow at a CAGR of 8.1% from 2020 to 2027.

Drug modelling has become an essential tool in the drug design process. Software based drug discovery and development methods are playing a key role in the development of novel drugs. Software based methods such as molecular modelling, structure-based drug design, structure-based virtual screening, ligand interaction, and molecular dynamics are considered to be powerful tool for the investigation of pharmacokinetic and pharmacodynamic properties of drugs. These methods are fast, accurate, and provide valuable insights of experimental findings and mechanisms of action. Additionally, appropriate implementation of these techniques may help in reducing drug designing and development cost. Increasing cost of the drug development coupled with increasing drug failures is likely to drive the growth of the drug modelling software market during the forecast period. However, the market is likely to get negatively impacted by the less adoption of drug modelling software in emerging countries.

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Crown Bioscience Inc.; Chemical Computing Group Ulc; Nimbus Therapeutics; Schrödinger, Inc.; Dassault Systèmes; Genedata Ag; Biognos Ab; Compugen Ltd; Acellera ltd.; and Leadscope, Inc plc are among the prominent players operating in the drug modeling software market.
Based on product type, the drug modeling software market is segmented into database, software, and others. In terms of product type, the software segment held the highest share of the drug modeling software market in 2019 and is estimated to register the highest CAGR of 8.4% in the market during the forecast period. The growth of the market is attributed to the growing demand for effective therapeutics and increasing number of drug discovery efforts of various biologics across a wide range of therapeutics. Additionally, strategic activities by service providers such as collaborations, product advancement, and product launch in order to expedite drug discovery timeline are further accelerating the growth of the market.

The market growth is also attributed to a few key factors such as increasing adoption of in-silico modeling tools in drug discovery, and rising economic burden of drug discovery. However, less adoption in emerging countries is expected to hamper the growth of the market up to certain extent during the forecast period.

Drug Modelling Software Market By Geography
• North America
o US
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o UK
o Spain
• Asia Pacific (APAC)
o China
o India
o South Korea
o Japan
o Australia
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
• South and Central America (SCAM)
o Brazil
o Argentina

Major questions addressed through this global research report:
1. What are the demanding sectors for driving this global Drug Modelling Software market?
2. Which are the major key players and competitors?
3. What will be the market size of the global market?
4. Which are the recent advancements in the global Drug Modelling Software market?
5. What are the restraints, threats, and challenges in front of the market?
6. What are the global opportunities in front of the market?
7. How digital footprint helps to expand the business structure and economic outcomes?
Table of Content (TOC):
Chapter 1 Introduction and Overview
Chapter 2 Industry Cost Structure and Economic Impact
Chapter 3 Rising Trends and New Technologies with Major key players
Chapter 4 Global Drug Modelling Software Market Analysis, Trends, Growth Factor
Chapter 5 Drug Modelling Software Market Application and Business with Potential Analysis
Chapter 6 Global Drug Modelling Software Market Segment, Type, Application
Chapter 7 Global Drug Modelling Software Market Analysis (by Application, Type, End User)
Chapter 8 Major Key Vendors Analysis of Drug Modelling Software Market
Chapter 9 Development Trend of Analysis
Chapter 10 Conclusion

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Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defence.

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