The In Silico Drug Discovery market is reached to garner a valuation of USD 6.34 Billion in 2027 from its valuation of USD 2.38 Billion in 2019, registering a CAGR of 13.0% throughout the forecast timeframe.
The in silico drug discovery process is extensively deployed in the preclinical stage of small molecule drugs research and development and clinical candidates in various clinical development stages. Moreover, the presence of prominent industry players, escalating patient pool, and the emergence of better healthcare facilities are augmenting the regional growth. The main aim of the data is to impart a deeper understanding of the market to the readers and segments.
The pharma companies are leveraging the technology to discover drugs for complex and rare diseases to meet the unmet clinical demand. The report offers a comprehensive overview of the global In Silico Drug Discovery market scenario pertaining to market value, volume, production and consumption rates, and market segmentation based on types, regions, and applications. It also offers a current and future impact analysis of the pandemic on the overall In Silico Drug Discovery market.
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The application of information technology in drug discovery procedures is observing an exponential growth in the Asia Pacific region owing to the escalating R&D activities and expansion of the pharmaceutical and biotechnology sectors. The augmenting requirement for cost-efficient medicines and the emergence of advanced applications in genomics and proteomics is projected to propel the industry’s expansion.
Workflow Outlook (Revenue, USD Billion; 2017-2027)
Target Validation
Lead Discovery
• Pharmacophore
• Library Design
Preclinical Tests
Clinical Trials
Product Outlook (Revenue, USD Billion; 2017-2027)
• Consultancy as a Service
• Software
• Software as a Service (Cloud)
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
• U.S.
• Canada
• Mexico
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Global In Silico Drug Discovery Market Size, Share, Growth, Business Opportunities Analysis Research Report by 2027
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