Press release
Global Drug Discovery Informatics Market Analysis & Trends - Industry Forecast to 2028
Drug Discovery Informatics enables users to address large volume of data storage & management and further processing & analyzing the obtained results. Drug discovery informatics platforms utilize bioinformatics algorithms for processing life science data and uses various in silico models for analyzing the data obtained.The Global Drug Discovery Informatics Market is majorly driven by rising research & development (R&D) expenditure, growing support for research, especially in the area of rare diseases, and the increasing use of informatics in drug discovery. The sequencing and target data analysis segment is growing at a highest CAGR owing to increased application for sequencing analysis for the new drug entity and ease of handling of information from different sources and different domains.
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North America dominated with a significant market share due to the factors such as presence of well-established CROs, rising R&D expenditure by pharmaceutical and biopharmaceutical companies in the region. Asia Pacific market is growing at a highest CAGR owing to the rapid growth in the pharmaceutical and biopharmaceutical industry, rising number of CROs, and the presence of less-stringent regulations for drug discovery processes.
Some of the key players profiled in the Drug Discovery Informatics Market include Albany Molecular Research Inc., Certara, L.P., Charles River, Selvita, Collaborative Drug Discovery, Inc, Dassault Systèmes, GVK Biosciences Private Limited, IBM Corporation, Infosys Limited, Insilico Medicine, IO Informatics, Inc., Jubilant Life Sciences Ltd., OpenEye Scientific Software, PerkinElmer Inc., Schrödinger, LLC and Thermo Fisher Scientific.
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Types Covered:
• In-House
• Outsourced
Solutions Covered:
• Software
• Services
Functions Covered:
• Clinical Trial Data Management
• Docking
• Library & Database Preparation
• Molecular Modelling
• Screening & Absorption, Distribution, Metabolism, Excretion and Toxicity (ADMET) Characterization
• Sequencing and Target Data Analysis
Informatics Workflows Covered:
• Discovery Informatics
• Development Informatics
Modalities Covered:
• Cloud Based Systems
• In Campus Platform
Applications Covered:
• Drug Discovery
• Drug Development
End Users Covered:
• Academic Institutes
• Biotechnology Companies
• Contract Research Organization (CROs)
• Government Organizations
• Hospital
• Pharmaceutical Companies
• University
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