Drug Discovery Informatics Market by Mode and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR40309
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The drug discovery informatics market has the potential to grow by USD 3.54 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 14.45%.

This drug discovery informatics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by mode (discovery informatics and development informatics) and geography (North America, Europe, Asia, and ROW). The drug discovery informatics market report also offers information on several market vendors, including Certara Inc., Collaborative Drug Discovery Inc., Dassault Systemes SE, Infosys Ltd., International Business Machines Corp., Melissa Inc., OpenEye Scientific Software Inc., PerkinElmer Inc., Schrodinger Inc., and Thermo Fisher Scientific Inc. among others.

What will the Drug Discovery Informatics Market Size be in 2021?

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Drug Discovery Informatics Market: Key Drivers and Trends

The increasing R&D investment by the pharmaceutical and biopharmaceutical companies is notably driving the drug discovery informatics market growth, although factors such as the high setup cost of drug discovery informatics may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the drug discovery informatics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the drug discovery informatics market share is the increasing R&D investments by pharmaceutical and biopharmaceutical companies.
  • The rising prevalence and incidence of various chronic diseases have increased the need for developing drugs for treatment.
  • To treat chronic diseases, pharmaceutical and biopharmaceutical companies are increasingly focusing on R&D activities to enhance the pipeline of drug molecules used for various therapeutic applications.
  • The elaborative R&D process for product development has increased the demand for advanced software to accelerate the R&D process.
  • Drug discovery with reduced time and cost by using in-silico modeling tools is another major factor supporting the drug discovery informatics market share growth.
  • Advanced medicines are developed with fewer side effects to reduce hospitalization cases, improve the quality of life, and increase the life expectancy of the patient population.
  • Huge amounts of data generated during drug discovery and development have increased the adoption and integration of in-silico methods.
  • Companies are focusing on the integration of computational chemistry, bioinformatics, systems integration, data management, and support informatics to deliver in-silico drug discovery in order to save time and cost.

This drug discovery informatics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Drug Discovery Informatics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Certara Inc.
  • Collaborative Drug Discovery Inc.
  • Dassault Systemes SE
  • Infosys Ltd.
  • International Business Machines Corp.
  • Melissa Inc.
  • OpenEye Scientific Software Inc.
  • PerkinElmer Inc.
  • Schrodinger Inc.
  • Thermo Fisher Scientific Inc.

 

This statistical study of the drug discovery informatics market encompasses successful business strategies deployed by the key vendors. The drug discovery informatics market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The drug discovery informatics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Drug Discovery Informatics Market?

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43% of the market’s growth will originate from North America during the forecast period. The US is the key market for the drug discovery informatics market in North America. Market growth in this region will be faster than the growth of the market in ROW. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Mode Segments in the Drug Discovery Informatics Market?

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The drug discovery informatics market share growth by the discovery informatics segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the drug discovery informatics market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Drug Discovery Informatics Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive drug discovery informatics market growth during the next five years
  • Precise estimation of the drug discovery informatics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the drug discovery informatics industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of drug discovery informatics market vendors

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Drug Discovery Informatics Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14.45%

Market growth 2021-2025

$ 3.54 billion

Market structure

Fragmented

YoY growth (%)

13.97

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 43%

Key consumer countries

US, Germany, UK, France, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Certara Inc., Collaborative Drug Discovery Inc., Dassault Systemes SE, Infosys Ltd., International Business Machines Corp., Melissa Inc., OpenEye Scientific Software Inc., PerkinElmer Inc., Schrodinger Inc., and Thermo Fisher Scientific Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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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.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The drug discovery informatics market growth will increase by $2548.10 million during 2019-2024.
The drug discovery informatics market is expected to grow at a CAGR of 14.21% during 2019-2024.
Technavio has segmented the drug discovery informatics market by other1 (Discovery informatics and Development informatics) and geographic (North America, Europe, Asia, and ROW).
Certara LP, Collaborative Drug Discovery Inc., Dassault Systemes SE, Infosys Ltd., International Business Machines Corp., Melissa Inc., OpenEye Scientific Software Inc., PerkinElmer Inc., Schrodinger LLC, Thermo Fisher Scientific Inc. are a few of the key vendors in the drug discovery informatics market.
North America will register the highest growth rate of 43.18% among the other regions. Therefore, the drug discovery informatics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the drug discovery informatics market growth are:
  • Increasing R and D investment by the pharmaceutical and biopharmaceutical companies
The drug discovery informatics market vendors should focus on grabbing business opportunities from the discovery informatics segment as it accounted for the largest market share in the base year.
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