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Global Chemoinformatics Market: Driving Force, Major Players and Trends for the 2025-2029 Forecast Period
Global Chemoinformatics Market
Unveiling the Underlying Forces Bolstering the Growth of the Global Chemoinformatics Market
What Is The Projected Market Size Of The Global Chemoinformatics Market And Its Growth Rate?
• 2024 Market Size: $4.29 billion
• 2025 Market Size: $4.36 billion (1.6% CAGR)
• 2029 Market Size: $5.21 billion (4.5% CAGR).
Driving factors are high throughput screening (HTS), data availability, drug discovery efficiency, personalized medicine, artificial intelligence (AI), and machine learning. Future growth is mainly attributed to biological data integration, structural biology, data management, and security, and regulatory compliance.
What Is Driving The Growth In The Chemoinformatics Market?
With the ongoing surge in chronic diseases, the chemoinformatics market is expected to experience increased growth. Chronic diseases, lasting a year or longer, necessitating continuous medical attention, include illnesses such as neglected tropical diseases. The escalating prevalence of such conditions triggers the demand for new drug inventions and unique chemicals for treatment, facilitated by chemoinformatics. The World Health Organization projects that between 2020 and 2030, without global government intervention, physical inactivity could lead to 500 million people developing chronic diseases like obesity, diabetes, heart diseases, or other noncommunicable diseases (NCDs). This projected increase in chronic illnesses is likely to drive the chemoinformatic market's growth.
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Who Are the Key Players Driving Chemoinformatics Market Growth?
• 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
• KNIME.COM Aktiengesellschaft
• Simulations Plus Inc.
• Agilent Technologies Inc.
• Cambridgesoft Corp.
• Molecular Discovery Ltd.
• Optibrium Ltd.
• Cresset Group Ltd.
• Dotmatics Ltd.
• Genedata AG
• Inte:Ligand GmbH
• MolPort Inc.
• PerkinElmer Inc.
• Cheminformatics LLC
• Chemspace
• InfoChem GmbH
• Molecular Networks GmbH
• VLife Sciences Technologies Pvt. Ltd.
• Xemistry GmbH
• Cheminnovation Software Inc.
What Are The Key Trends In The Chemoinformatics Market ?
• High-throughput screening
• Structural biology integration
• Biological data mining
• Virtual chemical libraries
• Personalized medicine
What Are The Segments Of The Global Chemoinformatics Market?
1) By Type: Chemistry, Computer Science, Information Science
2) By Application: Chemical Analysis, Drug Discovery and Validation, Virtual Screening, Other Applications
3) By End User: Chemical and Pharmaceutical Industries, Research and Academic Institution, Other End Users
Which Region Leads The Chemoinformatics Market?
In 2024, North America was the largest region in the chemoinformatics market, with Asia-Pacific predicted to be the fastest-growing region in the upcoming forecast period. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Chemoinformatics Market Global Market Report?
- Market Size Analysis: Analyze the Chemoinformatics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Chemoinformatics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Chemoinformatics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Chemoinformatics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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