Press release
Molecular Modeling Market Anticipated To Witness Robust Growth, Surpassing $17.12 Billion By 2029
The Molecular Modeling Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Molecular Modeling Market Size and Its Estimated Growth Rate?
In recent times, there has been a swift expansion in the market size of molecular modeling. This market is projected to escalate from $8.25 billion in 2024 to $9.51 billion in 2025, marking an annual compound growth rate (CAGR) of 15.2%. The period of historic growth is primarily owed to the rise in computational chemistry and molecular dynamics, early applications in environmental sustainability, improved visualization tools, higher utilization in enzyme and protein engineering, and advancements in biomolecular modeling techniques.
Expectations are high for the molecular modeling market size, as rapid expansion is anticipated in the future years. By 2029, it is predicted to reach a substantial size of $17.12 billion, boasting a compound annual growth rate (CAGR) of 15.8%. Factors contributing to this predicted growth within the forecast period include the integration of AI and machine learning algorithms, a surge in requirements for drug discovery and development, widening applications in the field of material science, as well as the progression of precision medicine and bespoke treatment methods. The uptake of virtual screening also plays a role. Key anticipated trends within this forecast period encompass enhancements in computational power, integration of AI and machine learning, an incremental growth in drug discovery and development, material science application expansion, alongside a stronger emphasis on predictive medicine.
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How Are Emerging Segments Shaping the Molecular Modeling Market Landscape?
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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Which Growth Factors Are Influencing Molecular Modeling Market Expansion?
The growth of the molecular modeling market is expected to be propelled by the escalation in drug development. The process of drug development involves the discovery, design, testing, and subsequent introduction of new medical treatments or pharmaceutical compounds. Molecular modeling plays a vital part in this process, aiding in understanding molecular interactions and analyzing the stability of the protein-ligand complex, functional dependability, and drug effectiveness. For example, a substantial increase in novel medications undergoing clinical trials was reported by Accessibility Standards Canada, with around 9,000 new medications in 2022 compared to approximately 8,500 in 2021. This surge in drug development contributes to the expansion of the molecular modeling market. Ahead, one of the significant drivers contributing to the growth of the molecular modeling market is the emergence of personalized medicine. Personalized medicine is an advanced approach that customizes healthcare decisions and treatments based on the unique genetic, molecular, and clinical characteristics of an individual patient. In this context, molecular modeling predicts the patient-specific treatment responses, customizes drug therapies, and optimizes treatment plans based on molecular profiles. As per the data from the Personalized Medicine Coalition, the FDA's Center for Drug Evaluation and Research approved 37 new molecular entities in 2022, and about 34% of the 35 therapeutic NMEs, totaling 12, were categorized as personalized medicines. This growth in personalized medicine accelerates the growth of the molecular modeling market.
Who Are the Dominant Players Across Different Molecular Modeling Market Segments?
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.
What Are the Latest Developing Trends in the Molecular Modeling Market?
Key players in the molecular modeling market are pioneering new technologies such as molecular modeling platforms, tailored to better address the demands of current clients. Molecular modeling platforms are software suites that offer tools for visualization, simulation, and molecular analysis. For illustration, Cresset Group, a British firm specializing in drug discovery solutions, introduced Flare V7, an advanced drug design platform, in August 2023. Flare V7 smoothly unites the strengths of ligand and structure-based methods, fostering more efficient small-molecule discovery. This signifies a major leap forward in molecular modeling. The platform comes equipped with ensemble docking, enhancements of Quantum Mechanics (QM) and Quantitative Structure-Activity Relationship (QSAR) techniques, alongside several tools to simplify Flare FEP experiment troubleshooting, analysis of dynamic trajectories, and preparation of ligand structures for comprehensive analysis.
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Which Geographic Regions Are Expected to Dominate the Molecular Modeling Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Molecular Modeling Market?
2. What is the CAGR expected in the Molecular Modeling Market?
3. What Are the Key Innovations Transforming the Molecular Modeling Industry?
4. Which Region Is Leading the Molecular Modeling Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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