Computer-Aided Drug Discovery Market Trends, Size, Share and Forecast 2023-2029

The global computer aided drug discovery market is anticipated to grow at a CAGR of 11.5% during the forecast period. Rising drug discovery and development activities owing to the rising prevalence of infectious and chronic diseases is contributing to the growth of the global computer-aided drug discovery market. Several partnerships for drug discovery and development have been witnessed over the years, which in turn, is boosting the market growth.

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Recent Partnerships for Drug Discovery

September 2021- Huadong Medicine and Insilico Medicine entered into a co-development agreement to accelerate the discovery of breakthrough small-molecule therapeutics by leveraging an innovative approach in the oncology field. Under the collaboration, Insilico and Huadong Medicines launched a new drug discovery project involving the R&D team of both parties. The collaboration will leverage Huadong Medicine's advanced innovative drug discovery in combination with Insilico's end-to-end AI-driven rug discovery platform. The project leads to hit undruggable targets that regulate tumor growth.

May 2022- SOM biotech announced that it has signed a licensing agreement with the Ministry of Minnesota. With this collaboration, the University of Minnesota conducted a series of in vitro studies on potential pre-clinical product candidates for Duchenne and Becker muscular dystrophy identified using SOM Biotech's exclusive platform, SOMAIPRO. Somaipro assists in identifying drugs effective for the treatment of a specific disease, discovering new mechanisms of action and new applications for a drug, and predicting the toxicity of the compounds, as well as the molecular scaffolds for compounds active on a given target. While other AI-based approaches use methods based on data mining, structural similarity, or the target structure, SOMAIPRO uses molecular fields, allowing for an increased rate of success, with results achieved in the shortest possible time and considerably reducing the costs associated with drug discovery.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2021-2028
Segment Covered- by type, by therapeutic area, by end user
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- F-Hoffman-La Roche Ltd., Bayer AG, Charles River Laboratories International Inc., Laboratory Corporation of America Holdings (Labcorp), and Schrödinger, Inc.

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Computer-Aided Drug Discovery Market Report by Segment

By Type

Structure-Based Drug Design
Ligand-Based Drug Design
Sequence-Based Approaches

By Therapeutic Area

Oncology
Neurology
Cardiovascular Disease
Respiratory Disease
Diabetes

By End-User

Pharmaceutical Companies
Biotechnology Companies
Research Laboratories

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Computer-Aided Drug Discovery 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

Middle East & Africa
Latin America

Company Profiles

Aris Pharmaceuticals Inc.
ArrayGen Technologies Pvt. Ltd.
BioDuro- Sundia
BOC Sciences
Nimbus Therapeutics
Oxford Drug Design
Pharmaron
Profacgen
WuXi AppTec

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