The global demand for Cheminformatics Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Cheminformatics is a combination of physical chemistry and computer and information science. It is termed as a silico technique by pharmaceutical companies. In drug discovery, cheminformatics aids the process of research & discovery and assist structure-based drug design. The method is also used in chemical and allied industries and in the fields such as pharmacology and environmental science where chemical processes are studied.
With the increase of computational power, machine learning has found many applications in different domains of science. Chemistry is one among them. Cheminformatics is emerging as a new interdisciplinary field. Using computer technology scientists analyse and predict various molecules’ properties such as its solubility, toxicity and drug discovery. Discovering drugs to disease is a challenging task for researchers due to the complex structures of molecules which are responsible for diseases such as Autism, AIDS, Cancer, Alzheimer etc. Cheminformatics play an important role when dealing with discovering drugs, the virtual tool enables a better understanding of complex structures of chemical compounds. Growing companion diagnosis and research activities in the field of gennomics, proteomics, and personlised medicine is paving growth to the market. Despite much potential for growth, the cost associated with software and lack of skilled workforce is hindering the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of cheminformatics.
The entire Cheminformatics market has been sub-categorized into application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Chemical Analysis
- Drug Discovery and Validation
- Virtual Screening
This section covers regional segmentation which accentuates on current and future demand for cheminformatics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Chemoinformatics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the cheminformatics market include Dassault Systemes SE, Agilent Technologies, Bio-rad Laboratories Inc., BioSolveIT GmbH, ChemAxon Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization