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Drug Discovery Informatics Market Share Analysis, Size Estimation, Trends Analysis, Insights and Dynamics By 2023

The Global Drug Discovery Informatics Market held a value of USD 1,680.6 million in 2017 and is projected to grow at a CAGR of 11.5% over the forecast period.<br>

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Drug Discovery Informatics Market Share Analysis, Size Estimation, Trends Analysis, Insights and Dynamics By 2023

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  1. Drug Discovery Informatics Market Share Analysis, Size Estimation, Trends Analysis, Insights and Dynamics By 2023 The Global Drug Discovery Informatics Market held a value of USD 1,680.6 million in 2017 and is projected to grow at a CAGR of 11.5% over the forecast period. Drug discovery and development is an extremely complex process requiring the generation of very large amounts of information data and. As the pharmaceutical and biotechnology industry is on the rise, information technology is supporting the drug discovery process to improve research productivity and success rates. Patent expiry of blockbuster drugs, an over-reliance on high throughput discovery strategies, and ongoing industry consolidation through mergers and acquisitions (M&A) are fueling the demand for drug discovery informatics. Few of the market growth factors include a worldwide rising focus on drug discovery, growing need to control drug discovery and development costs, rising research and development (R&D) expenditure, and increasing burden of chronic diseases. For instance, according to the Association of the British Pharmaceutical Industry (ABPI), the global pharmaceutical industry invested more than USD 1.36 trillion in R&D from 2007 to 2016, and it is projected to an annual investment of USD 181 billion by 2022. In contrast, high pricing and setup cost of informatics software is anticipated to limit the market growth during the forecast period. Request Free Sample Report at: https://www.marketresearchfuture.com/sample_request/7831 Introduction of in-silico tools that facilitate computation with varied workflows that are in sync with the rate of modern medicinal chemistry is one of the key trends augmenting market growth. It involves different steps and procedures which depend on in-silico tools for reducing the complexity of the process. In-silico tools include modeling tools for the determination of 3D structures of ligand and protein-absorption, distribution, metabolism, excretion, and toxicity (ADMET) assessment-affinity estimation in docking and drug-ligand interaction for pharmacological profiling. Drug Discovery Informatics Market Segmentation: The global drug discovery informatics market has been segmented into product, mode, service, end user, and region. By product, the market has been segmented into discovery informatics and development informatics. On the basis of mode, the market has been divided into in-house informatics and outsourced informatics. By service, the market has been classified into sequencing and target data analysis, docking, molecular modeling, clinical trial data management, and others. The sequencing and target data analysis segment is expected to dominate the market over the forecast period due to rising application of informatics solutions in targeted analysis and a large amount of data generated during the drug discovery process.

  2. Based on end user, the market has been categorized into pharmaceutical and biotechnology industries, contract research organizations (CROs), and others. Access Full Report @ https://www.marketresearchfuture.com/reports/drug- discovery-informatics-market-7831 Drug Discovery Informatics Market Key Players: Few of the foremost players in the global drug discovery informatics market are Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Certara, L.P., Infosys Limited, Novo Informatics Pvt. Ltd., Collaborative Drug Discovery Inc., Selvita, Charles River Laboratories, Inc., International Business Machines Corporation, Jubilant Life Sciences Ltd., IO Informatics, Inc., GVK Biosciences Private Limited, and Dassault Systèmes. Brows More Healthcare Related Market Research Reports: Global Erectile Dysfunction Drugs Market Research Report- Forecast To 2027 Antipsychotic Drugs Market Report - Forecast to 2022 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com

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