Drug Discovery Informatics Market to Reach 7.08 billion by 2030; SWOT Analysis, Top Players - Boehringer Ingelheim International, Oracle, Certara, Agilent Technologies, Charles River, Infosys

Drug Discovery Informatics Market Overview

The Drug Discovery Informatics Market Size was surveyed at USD 2.96 billion out of 2022 and is supposed to addition to USD 7.08 billion by 2030, stretching out at a CAGR of 11.5% from 2023 to 2030.

The drug discovery informatics market is a rapidly growing sector that plays a crucial role in the development of new drugs and therapies. With advancements in technology and the increasing complexity of diseases, pharmaceutical companies are relying on informatics solutions to streamline their research and development processes.

Drug discovery informatics involves the use of computational tools, data analysis techniques, and artificial intelligence to accelerate the drug discovery process. These tools help researchers analyze vast amounts of data, including genomic information, chemical structures, clinical trial results, and patient data. By leveraging these insights, scientists can identify potential drug targets, predict drug efficacy and toxicity, optimize lead compounds, and design more effective clinical trials.

One of the key drivers behind the growth of the drug discovery informatics market is the need for more efficient and cost-effective drug development. Traditional methods of drug discovery are time-consuming and expensive, often taking years to bring a new drug to market. Informatics solutions enable researchers to expedite this process by identifying promising candidates faster and reducing the number of Additionally, drug discovery informatics allows for the analysis of large datasets and the integration of diverse sources of information, leading to a more comprehensive understanding of disease mechanisms and potential treatment options.

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The Drug Discovery Informatics Market Report provides a comprehensive analysis of the global market, focusing on the advancements and innovations in drug discovery informatics. This report aims to provide insights into the current market trends, growth opportunities, challenges, and competitive landscape.

The report highlights the key drivers propelling the growth of the drug discovery informatics market. One of the major factors driving market growth is the rising demand for efficient and cost-effective drug development processes. Drug discovery informatics enables researchers to analyze large volumes of data quickly and accurately, leading to improved decision-making and reduced costs.

Major Players Listed in the Report are as Follows:
Boehringer Ingelheim International GmbH, Oracle, Certara, Agilent Technologies, Inc., Charles River, Infosys Ltd., Eurofins DiscoverX Products, Laboratories, Jubilant Biosys, Collaborative Drug Discovery, Inc., Selvita and Other Players.

Drug Discovery Informatics Market Segmentation as Follows:

By Workflow Type
• Discovery Informatics
• Identification, Validation, & Assay Development Informatics
• Lead Generation
• Development Informatics
• Lead Optimization
• FHD Preparation
• Phase IA
• Phase IB/2

By Mode Type
• Outsourced
• In-house

By Service Type
• Sequence Analysis Platforms
• Molecular Modeling
• Docking
• Clinical Trial Data Management

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Table of Content
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Drug Discovery Informatics Market Dynamics
Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)
Chapter 5 Value Chain Analysis
Chapter 6 Porter's 5 forces model
Chapter 7 PEST Analysis
Chapter 8 Drug Discovery Informatics Market Segmentation, By Workflow Type
Chapter 9 Drug Discovery Informatics Market Segmentation, By Mode Type
Chapter 10 Drug Discovery Informatics Market Segmentation, By Service Type
Chapter 11 Regional Analysis
Chapter 12 Company profile
Chapter 13 Competitive Landscape
Chapter 14 Use Case and Best Practices
Chapter 15 Conclusion

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This release was published on openPR.