Advancements and Opportunities in the Global Computer-Aided Drug Discovery Market

Global Computer-Aided Drug Discovery Market Overview

The global computer-aided drug discovery market is witnessing growth due to the rise in chronic and unknown diseases and accelerated drug development. While a shortage of skilled labor hampers growth, various growth prospects in developed and developing economies are fostering market expansion.

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Impact of COVID-19 on the Market:

Despite the challenges posed by the COVID-19 pandemic to many industries, the computer-aided drug discovery market experienced positive growth. Increased R&D efforts by scientists, researchers, biotech, and biopharmaceutical companies aimed at combating the disease contributed to this growth.

Therapeutic Area Insights:

In 2021, the oncology segment dominated the market, capturing nearly one-fourth of the global share. This segment is expected to grow at a CAGR of 12.29% during the forecast period, driven by increased R&D for new drug discovery.

End-User Analysis:

The pharmaceutical companies segment led the market in 2021, accounting for over two-fifths of the total market share. Meanwhile, the biotechnology companies segment is forecasted to grow at the fastest CAGR of 11.97% from 2022 to 2030, propelled by increased R&D for biologic drug development.

Regional Market Dynamics:

North America led the market in 2021, capturing more than one-third of the global market share. Conversely, the Asia-Pacific region is projected to grow at the fastest CAGR of 12.84% during the forecast period, driven by a growing number of biotech companies and increased R&D investment.

Key Industry Players:

Schrödinger, Inc.
Bayer AG
Aragen Life Sciences Pvt. Ltd.
Aris Pharmaceuticals, Inc.
AstraZeneca
Albany Molecular Research Inc. (AMRI)
Bioduro-Sundia
Charles River Laboratories

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Key Benefits for Stakeholders:

Comprehensive analysis of market size, current trends, and future prospects to identify investment opportunities.
Forecast for the computer-aided drug discovery market from 2021 to 2031 to guide stakeholders in leveraging market opportunities.
Detailed regional analysis to identify growth opportunities across different regions.
In-depth analysis of key players' profiles and growth strategies to understand the competitive landscape.

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