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The computer-aided drug discovery market size has the potential to grow by USD 21.75 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by therapeutic areas (oncological disorders, neurological disorders, and others.) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Aaranya Biosciences Pvt. Ltd., Albany Molecular Research Inc., Charles River Laboratories International Inc., ChemBio Discovery Inc., Chemical Computing Group ULC, CompChem Solutions Ltd., International Business Machines Corp., Kang Yusheng Information Technology Co. Ltd., OpenEye Scientific Software Inc., and Pharmaron Beijing Co. Ltd.
The computer-aided drug discovery market is fragmented. CompChem Solutions Ltd., International Business Machines Corp., Kang Yusheng Information Technology Co. Ltd., OpenEye Scientific Software Inc., and Pharmaron Beijing Co. Ltd. are some of the major market participants. Most of the vendors are opting for strategic partnerships to innovate and expand their market presence. Although the growing need for reducing healthcare costs will offer immense growth opportunities, frequent changes in healthcare regulatory compliance requirements will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Other 1
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendors covered
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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