openPR Logo
Press release

Drug Discovery Informatics Market: Outsourced Informatics to Fuel Market Growth

03-27-2018 02:50 PM CET | Health & Medicine

Press release from: Transparency Market Research

Drug Discovery Informatics Market: Outsourced Informatics

The global drug discovery informatics market was valued approximately US$ 2.0 Bn in 2016 and is anticipated to register CAGR of over 17.0% from 2017 to 2025 to reach value of approximately US$ 7.8 Bn by 2025, according to a new market report published by Transparency Market Research (TMR) titled “Drug Discovery Informatics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”. The report suggests that the cost and time of drug discovery are reduced to a very large extent in comparison with the traditional drug discovery process are spur the demand of drug discovery informatics in the coming years (2017 to 2025). As key players introduce their drug discovery using informatics in developed markets such a North America and Western Europe, these regions are likely to account for dominating share of the global drug discovery informatics market. The increasing number of uses of the drug discovery informatics such as the scientists use it to communicate their ideas with their colleagues in computational chemistry, and biology to design small parallel libraries, and to conduct their own preliminary analysis of interactions between the ligand and receptor in emerging markets such as China and India is likely to boost growth of Asia Pacific drug discovery informatics market at a CAGR of around 20.0% from 2017 to 2025.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=33713

The rising laboratory informatics such as sharing, and searching of digital discovery information, and electronic lab notebook for the improved storage are driving the growth of the drug discovery informatics. The technological advancements in the drug discovery informatics that are employed by computational informatics are leading to developments in scientific innovation. The cost and time of drug discovery are reduced to a very large extent that drive the growth of the global drug discovery informatics market. However, there are only a few institutions and organizations in the world to train on drugs discovery informatics; moreover, the related experience is low in trained professionals, which in turn has attributed for devaluation of the market, there by restraining growth of global drug discovery informatics market.

The Global Drug Discovery Informatics Market is classified on the basis of product, mode, function, end-user, and region. Based on the product, the market is divided into development informatics, and discovery informatics. The discovery informatics segment dominated the market in terms of revenue in 2016, due to its cost benefits. Development informatics is anticipated to grow during the forecast period owing to the technological advancements in the development informatics. In terms of mode the market can be categorized into outsourced informatics, and in-house informatics. Outsourced informatics is estimated to dominate in terms of revenue in 2016 owing to the rise in collaborations and lead drug discovery projects between pharmaceutical companies, and IT market participants. In-house informatics is anticipated to grow in the coming years due to rise in the awareness regarding the time and cost benefits in the long run for the biotechnological and pharmaceutical companies.

Enquiry for discount on this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=33713

Based on function the market can be classified into sequencing and target data analysis, docking, lead generation informatics, identification & validation informatics, molecular modeling, and others. Sequencing and target data analysis is estimated to dominate the market in 2016, owing to reduced cost of sequencing informatics. Molecular modeling segment is anticipated to grow during the forecast period owing to the increasing number of applications of small molecules in drug discovery. In terms of end-user the market can be divided into contract research organizations, pharmaceutical & biotechnology companies, and others. Contract research organizations (CROs) segment is estimated to dominate in 2016, owing to increasing number of CROs all over the world for drug discovery. Pharmaceutical and biotechnological companies segment is anticipated to grow during the forecast period owing to the long term time and cost benefits of the drug discovery informatics.

Geographically, the global drug discovery informatics market can be categorized into Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. North America held the large market share in 2016, and is anticipated to dominate during the forecast period. The increasing technological advancements in the drug discovery informatics in the region is likely to augment the market of Drug Discovery Informatics in North America. Europe accounted for the second large market share in global drug discovery informatics market defibrillators in terms of revenue in 2016. Rising prevalence of the infectious diseases and cancerous diseases drive the growth in the region. Asia pacific is anticipated to grow at the fastest growth rate during the forecast period. This is attributed to high adoption of drug discovery informatics that has led to major share held by Asia Pacific in the global drug discovery informatics market. Moreover, a large pool of patients with infectious diseases and favorable government initiatives for the health care sector in countries such as Japan, Singapore, and Dubai are likely to present immense opportunities for growth of the market in the region in the next few years. Middle East & Africa and Latin America are expected to grow during the forecast period. Rising awareness regarding the drug discovery informatics in the regions is anticipated to grow the demand for the drug discovery informatics during the forecast period.

Report Overview @ https://www.transparencymarketresearch.com/drug-discovery-informatics-market.html

The report also provide profiles of leading players operating in global drug discovery informatics market include Charles River Laboratories International, Inc., Thermo Fisher Scientific, PerkinElmer Inc., Biogen Inc., Boehringer Ingelheim GmbH, Insilico Medicine, Inc., International Business Machines Corporation, Schrödinger, LLC, Albany Molecular Research Inc. (AMRI), and Certara, L.P. These players are adopting the growth strategies that increase their product offerings, strengthen their geographical reach, increase customer base and garner market share. For instance, Thermo Fisher Scientific, one of the global company that offers a wide range of bio-analytical, diagnostics, and laboratories products has in-house drug discovery informatics. Such in-house drug discovery informatics are anticipated to expand in the during the forecast period.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Drug Discovery Informatics Market: Outsourced Informatics to Fuel Market Growth here

News-ID: 994670 • Views: 246

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for Informatics

Lab Informatics Market Emerging Top Key Players to Watch-LabVantage, LabWare, Co …
The rise of the global lab informatics market is attributable to both, the increasing rate of diagnoses and soaring technological advancements that have introduced improved tools. Furthermore, the widening application of lab informatics solutions in industries such as the food and beverage, chemical, research and development, life sciences, and contract research is expected to have a positive impact on the global market. The phenomenal accuracy and efficiency of results offered
Lab Informatics Market 2018: Top Key Players (Thermo Fisher Scientific, LabWare, …
This report studies Lab Informatics in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Thermo Fisher Scientific LabWare Core Informatics Abbott Informatics LabVantage Solutions LabLynx PerkinElmer Waters Corporation Agilent Technologies ID Business Solutions Looking for More Information on This
Global Lab Informatics Market by Key Vendors Like- Labware, Abbott Informatics, …
Qyresearchreports include new market research report “Global Lab Informatics Sales Market Report 2017” to its huge collection of research reports. The report Lab Informatics Market added recently to the portfolio of QYResearchReports.com gives a new perspective into the key segments and operational dynamics of the global Lab Informatics market, presenting insights pertaining to its potential growth prospects from a global as well as regional perspective. The report, with its vast set
Healthcare Informatics and Patient Monitoring Market | MarketResearchReports.biz
Latest industry research report on: Global Healthcare Informatics and Patient Monitoring Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Global Healthcare Informatics and Patient Monitoring Market: Overview This report on the healthcare informatics and patient monitoring market studies the current and future prospects of the India market. Healthcare informatics and patient monitoring devices enables monitoring of patient’s health and assists medical practitioners in deciding the treatment
Compliance of Health Informatics with HITECH grows Health Informatics Market
Health informatics is defined as the knowledge, skills, and tools that enable the information to be collected, managed, used and shared for supporting the delivery of healthcare services and promoting health. Health informatics is one of the fastest growing segments of information technology and computer science. It is an application of information technology and computing disciplines for solving the problems in the field of healthcare. The need to reduce cost
Classic Informatics exhibiting at Ad:Tech London
September 9, 2013: Classic Informatics, a leading web and mobile apps development agency, will be participating at Ad:Tech London. Company personnel will be available at stand no. 215, National hall, Olympia from Sept 11th - Sept 12th2013. At Ad:Tech, Classic Informatics will focus to promote its services to Enterprises, Start-ups and Digital agencies associated with media and advertising industry which the company believes to be a strong sector for them. Classic