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Molecular Modeling Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Molecular Modeling Market Growth
The molecular modeling market has expanded considerably in recent years. It is set to grow from $8.25 billion in 2024 to $9.51 billion in 2025 at a CAGR of 15.2%. The past growth can be linked to advances in computational chemistry and molecular dynamics, early applications in environmental sustainability, improved visualization tools, increased use in enzyme and protein engineering, and the development of biomolecular modeling techniques.
The molecular modeling market is expected to experience rapid growth in the coming years. It is projected to reach $17.12 billion in 2029, growing at a CAGR of 15.8%. This growth is driven by the integration of AI and ML algorithms, the increasing need for drug discovery and development, expanding applications in material science, precision medicine, and personalized treatments, as well as the growing use of virtual screening. Notable trends include advancements in computational power, AI and machine learning integration, growth in drug discovery and development, expansion in material science applications, and a focus on predictive medicine.
What Key Elements Are Boosting Growth in the Molecular Modeling Market?
The expanding scope of drug development is expected to stimulate the growth of the molecular modeling market. Drug development involves discovering, designing, testing, and bringing new pharmaceutical compounds or medical treatments to market. Molecular modeling plays a critical role in drug development by helping understand molecular interactions and assess protein-ligand complex stability, functional reliability, and drug efficacy. In June 2023, Accessibility Standards Canada, a Canadian federal institution, reported that in 2022, there were 9,000 novel medications undergoing clinical trials, up from approximately 8,500 in 2021. Therefore, the rise in drug development is fueling the growth of the molecular modeling market.
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Who Are the Major Industry Players Fueling Molecular Modeling Market Expansion?
Major companies operating in the molecular modeling market report are Thermo Fisher Scientific Inc., BioNTech SE, Dassault Systemes SE, Bruker Corporation, Qiagen N.V., Physiomics PLC, SilcsBio LLC, Compugen Ltd., Certara Inc., Schrödinger Inc., Jubilant Biosys Ltd., Simulations Plus Inc., Genedata AG, Labvantage-Biomax GmbH, Acellera Ltd., Advanced Chemistry Development Inc., Molsoft L.L.C., Nimbus Therapeutics Inc., Crown Bioscience Inc., OTAVA Ltd., Chemical Computing Group, Molport SIA, Optibrium Ltd., BioSolveIT GmbH, Cyclica Inc., Cresset Group, Cyrus Biotechnology Inc., 3D Molecular Designs LLC, Inhibrx Inc., Leadscope Inc.
Which Key Developments Are Influencing the Molecular Modeling Market?
Leading companies in the molecular modeling market are innovating advanced technologies, such as molecular modeling platforms, to better serve their existing customer base. A molecular modeling platform is a software suite designed for visualizing, simulating, and analyzing molecular structures. For instance, in August 2023, Cresset Group, a UK-based drug discovery solutions provider, introduced Flare V7, an advanced drug design platform. Flare V7 integrates ligand and structure-based approaches to enhance small-molecule discovery. It features ensemble docking, reinforcement of Quantum Mechanics (QM) and Quantitative Structure-Activity Relationship (QSAR) methodologies, and tools for troubleshooting Flare FEP experiments, analyzing dynamic trajectories, and preparing ligand structures for detailed studies.
How Is the Segmentation of the Molecular Modeling Market Defined?
The molecular modeling market covered in this report is segmented -
1) By Product: Software, Services
2) By Approach: Molecular Mechanics Approach, Quantum Chemistry Approach
3) By Application: Drug Development, Drug Discovery, Other Applications
4) By End-User: Pharmaceutical And Biotechnology Companies, Research Centers And Academic Institutions, Other End Users
Subsegments:
1) By Software: Molecular Visualization Software, Molecular Dynamics Software, Quantum Chemistry Software, Docking Software, Simulation Software, Other Specialized Software
2) By Services: Consulting Services, Custom Modeling Services, Training And Support Services, Data Analysis Services, Cloud-Based Services
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What Is the Leading Region in the Molecular Modeling Market?
North America was the largest region in the molecular modeling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the molecular modeling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Molecular Modeling Global Market Report?
- Market Size Analysis: Analyze the Molecular Modeling Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Molecular Modeling 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 Molecular Modeling Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Molecular Modeling Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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