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2023 Chemoinformatics Market Explores Overall Study To Share, Demand, Growth And Predictions Up To 2032
Chemoinformatics Market
As per the chemoinformatics market report by The Business Research Company, The surging prevalence of chronic diseases is expected to propel the growth of the chemoinformatic market going forward. Chronic diseases refer to illnesses that last a year or longer and require ongoing medical attention. The rising number of chronic diseases such as neglected tropical diseases demands the need for new drug discoveries and the search for novel chemicals for their treatment, for which chemoinformatic is used.
The global chemoinformatics market size grew from $4.15 billion in 2022 to $4.31 billion in 2023 at a compound annual growth rate (CAGR) of 3.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The chemoinformatics market size is expected to grow to $4.79 billion in 2027 at a CAGR of 2.7%.
Read More On The Chemoinformatics Market Report Here:
https://www.thebusinessresearchcompany.com/report/chemoinformatics-global-market-report
Major competitors in the chemoinformatics market include ChemAxon Ltd., Jubilant Biosys Inc., BIOVIA, OpenEye Scientific Software Inc., Schrödinger Inc., Advanced Chemistry Development Inc., Scilligence Corporation, Dassault Systemes SE, Chemical Computing Group Inc., Collaborative Drug Discovery Inc., UVJ Technologies, Golden Helix Inc., The Cambridge Crystallographic Data Centre (CCDC), KNIME.COM AG, and Simulations Plus Inc
The chemoinformatics market is segmented -
By Type: Chemistry, Computer Science, Information Science
By Application: Chemical Analysis, Drug Discovery and Validation, Virtual Screening, Other Applications
By End User: Chemical and Pharmaceutical Industries, Research and Academic Institution, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the chemoinformatics market.
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Chemoinformatic refers to an emerging area of information technology that concentrates on the gathering, storing, analyzing, and manipulating of chemical data. It is further used to analyse the association between the target molecular activity, chemical characteristics, and structure.
The Table Of Content For The Chemoinformatics market Include:
1. Executive Summary
2. Chemoinformatics Market Characteristics
3. Chemoinformatics Market Trends And Strategies
4. Chemoinformatics Market - Macro Economic Scenario
5. Chemoinformatics Market Size And Growth
.......
26. Africa Chemoinformatics Market
27. Chemoinformatics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Chemoinformatics Market
29. Chemoinformatics Market Future Outlook and Potential Analysis
30. Appendix
The "Global Chemoinformatics market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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What industry-specific factors are fueling the growth of the chemoinformatics market?
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