Press release
Drug Discovery Informatics Global Market By Mode, By Workflow, By Services, By Application, By End User, By Regional Forecast 2023-2032 | Certara, Infosys Ltd., PerkinElmer Inc., Oracle Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Drug Discovery Informatics Market Size, Growth Rate, And Forecast
The global drug discovery informatics market size is expected to grow from $2.97 billion in 2022 to $3.32 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. 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 global drug discovery informatics market size is expected to grow to $5.21 billion in 2027 at a CAGR of 11.9%.
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Drug Discovery Informatics Market Drivers
The rising prevalence of various chronic diseases is expected to propel the growth of the drug discovery informatics market going forward. Chronic illnesses are described generically as disorders that persist for a year or longer and need continuing medical treatment, impede everyday activities or both.
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Drug Discovery Informatics Market Segments
• By Service: In-House, Outsourced
• By Modality: Cloud-Based Systems, In-Campus
• By Application: Data Sequencing, Molecular Docking, Identification and Validation, Target Data Analysis
• By End-User: Pharmaceutical Companies, Contract Research Organizations, Bio-Technology Companies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Drug discovery informatics market.
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Drug Discovery Informatics Market Key Players
Major competitors in the Drug discovery informatics market include Certara, Charles River Laboratories Inc., Infosys Ltd., Collaborative Drug Discovery Inc., Eurofins DiscoverX Products, Jubilant Biosys, Selvita, PerkinElmer Inc., International Business Machines Corporation, Boehringer Ingelheim International GmbH, Oracle Corporation, Thermo Fisher Scientific Inc., Albany Molecular Research Inc., and ChemAxon Ltd.
The Business Research Company's "Global Drug Discovery Informatics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high-level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Drug Discovery Informatics Market Include:
1. Executive Summary
2. Drug Discovery Informatics Market Characteristics
3. Drug Discovery Informatics Market Trends And Strategies
4. Drug Discovery Informatics Market - Macro Economic Scenario
5. Drug Discovery Informatics Market Size And Growth
.....
26. Africa Drug Discovery Informatics Market
27. Drug Discovery Informatics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drug Discovery Informatics Market
29. Drug Discovery Informatics Market Future Outlook and Potential Analysis
30. Appendix
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