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Global Computer-Aided Drug Discovery Market to Reach $12.2 Billion by 2029, Growing at 12.7% CAGR
What combination of drivers is leading to accelerated growth in the computer-aided drug discovery market?The rising prevalence of cancer cases is expected to drive the growth of the computer-aided drug discovery market. With an increasing number of cancer diagnoses globally, driven by lifestyle factors and environmental exposure, there is a growing need for personalized therapies. Computer-aided drug discovery allows researchers to design drugs targeting specific genetic mutations, helping create more effective treatments. The National Cancer Institute's projections for cancer cases show a significant increase by 2040, further fueling this market's growth.
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What is the projected compound annual growth rate (CAGR) of the computer-aided drug discovery market from 2025 to 2034, and what factors influence it?
The computer-aided drug discovery market has experienced rapid growth. It is forecasted to grow from $6.69 billion in 2024 to $7.56 billion in 2025 at a CAGR of 12.9%. The market's expansion has been driven by improvements in computational power, advancements in molecular modeling, increasing demand from the pharmaceutical industry, regulatory support, and growing collaborations in drug research and development.
The computer-aided drug discovery market is anticipated to witness rapid expansion, reaching $12.19 billion by 2029 at a CAGR of 12.7%. Factors propelling growth include the incorporation of AI and machine learning in drug discovery, a shift toward personalized medicine, increasing availability of big data, the adoption of cloud-based platforms for CADD, and the development of novel therapeutics. Major trends include growing collaborations among industry stakeholders, the expansion of AI-driven platforms offering end-to-end solutions, and continuous innovations in drug discovery and product development.
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How are the latest trends influencing the growth of the computer-aided drug discovery market?
In the computer-aided drug discovery (CADD) market, companies are leveraging artificial intelligence (AI) to speed up drug discovery. In December 2023, Merck KGaA launched AIDDISONTM, a software platform that integrates AI and machine learning for faster and more efficient drug development. The platform virtually screens over 60 billion chemical targets and recommends optimal synthesis routes, aiming to reduce the cost and time of drug discovery.
What are the major segments of the computer-aided drug discovery market and their role in driving growth?
The computer-aided drug discoverymarket covered in this report is segmented -
1) By Type: Structure Based Drug Design, Ligand-Based Drug Design, Sequence-Based Approaches
2) By Therapeutic Area: Oncology, Neurology, Cardiovascular Disease, Respiratory Disease, Diabetes, Other Therapeutic Areas
3) By End User: Pharmaceutical Companies, Biotechnology Companies, Research Laboratories
Subsegments:
1) By Structure Based Drug Design: X-ray Crystallography, Nuclear Magnetic Resonance (NMR) Spectroscopy, Molecular Docking Studies, Virtual Screening
2) By Ligand-Based Drug Design: Quantitative Structure-Activity Relationship (QSAR) Models, Pharmacophore Modeling, Ligand Similarity Searching, Fragment-Based Drug Design
3) By Sequence-Based Approaches: Protein Structure Prediction, Homology Modeling, Bioinformatics for Drug Target Identification, Genomic Data Analysis for Drug Discovery
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Which regions are key players in the growth of the computer-aided drug discovery market?
North America was the largest region in the computer-aided drug discovery (CADD) market in 2024. The regions covered in the computer-aided drug discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the computer-aided drug discovery market?
Major companies operating in the computer-aided drug discovery market are Dassault Systèmes SE, PerkinElmer Inc., Roivant Sciences Ltd., Certara Inc., Schrödinger Inc., XtalPi Inc., Dotmatics Limited, Simulations Plus Inc., ChemAxon Ltd., Exscientia Ltd., Insilico Medicine Inc., Collaborative Drug Discovery Inc., OpenEye Scientific Software Inc., Nimbus Therapeutics LLC, Atomwise Inc., GNS Healthcare Inc., BenevolentAI Limited, EpiVax Inc., Numerate Inc., Cloud Pharmaceuticals Inc., Aris Pharmaceuticals Inc., Cyclica Inc., BioSolveIT GmbH, Chemical Computing Group ULC, InSilicoTrials Technologies S.p.A
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What Is Covered In The Computer-Aided Drug Discovery Global Market Report?
•Market Size Forecast: Examine the computer-aided drug discovery market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the computer-aided drug discovery market for a structured understanding.
•Key Players Overview: Analyze major players in the computer-aided drug discovery market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the computer-aided drug discovery market.
•Segment Contributions: Evaluate how different segments drive overall growth in the computer-aided drug discovery market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the computer-aided drug discovery market.
•Industry Challenges: Identify potential risks and obstacles affecting the computer-aided drug discovery market.
•Competitive Landscape: Review strategic developments in the computer-aided drug discovery market, including expansions, agreements, and new product launches.
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