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(Wireless-NewsWire.Com, July 06, 2018 ) Drug Discovery Informatics enables the users to address large volume of data storage & management and processing & analyzing the obtained results. These drug discovery informatics platforms utilize bioinformatics algorithms for processing life science data and uses various in silico models for analyzing the data obtained.
Large volume of data procured by innovative methods and the need for an efficient tool to analyze this data are anticipated to drive the market of drug discovery informatics in the coming years. In recent years, various collaborations have been seen amongst the drug discovery informatics providers, which proves to be a major opportunity in the market.
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The "Global Drug Discovery Informatics Market Analysis to 2025" is a specialized and in-depth study of the drug discovery informatics industry with a focus on the global market trend. The report aims to provide an overview of global drug discovery informatics market with detailed market segmentation by product, usage, function, and end user. The global drug discovery informatics market is expected to witness substantial growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Based on product, the market is segmented as service and software. The software segment was further classified as discovery informatics and development informatics. The drug discovery informatics market based on the usage is segmented as, in house informatics and outsourced informatics. The market has been classified by the function, such as, libraries & database preparations, molecular modelling, docking, lead generation informatics, and other functions. Based on end users, the market is segmented as contract research organizations, pharmaceutical & biotechnological companies, and other end users.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global drug discovery informatics market based on product, usage, function, and end user. It also provides market size and forecast till 2025 for overall drug discovery informatics market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
The market of drug discovery informatics is anticipated to witness rapid growth in the region of North America in the upcoming years. Various technological advancements and increasing awareness regarding the application of informatics for drug discovery is considered to be major factors fuelling the growth of the market. During the forecast period, Asia Pacific is expected to offer wide growth opportunities for the growth of drug discovery informatics market.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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The report also includes the profiles of key drug discovery informatics manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last three years, key development in past three years. Some of the key players influencing the market are PerkinElmer, Inc., Schrödinger, LLC, Certara, L.P., Infosys Limited, IBM, Collaborative Drug Discovery, Inc., Jubilant Life Sciences Ltd., Thermo Fisher Scientific Inc., Charles River, and Novo Informatics Pvt. Ltd. among others.
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