LONDON--(BUSINESS WIRE)--Technavio has been monitoring the drug discovery informatics market and it is poised to grow by USD 2.54 bn during 2020-2024, progressing at a CAGR of over 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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, and Thermo Fisher Scientific Inc. are some of the major market participants. Although the increasing R&D investment by the pharmaceutical and biopharmaceutical companies will offer immense growth opportunities, high set up cost of drug discovery informatics 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.
Increasing R&D investment by the pharmaceutical and biopharmaceutical companies has been instrumental in driving the growth of the market. However, high set up cost of drug discovery informatics might hamper market growth.
Drug Discovery Informatics Market 2020-2024 : Segmentation
Drug Discovery Informatics Market is segmented as below:
- Mode
- Discovery Informatics
- Development Informatics
- Geography
- North America
- Europe
- Asia
- ROW
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Drug Discovery Informatics Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our drug discovery informatics market report covers the following areas:
- Drug Discovery Informatics Market Size
- Drug Discovery Informatics Market Trends
- Drug Discovery Informatics Market Industry Analysis
This study identifies the increase in outsourcing activities for drug discovery as one of the prime reasons driving the drug discovery informatics market growth during the next few years.
Drug Discovery Informatics Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the drug discovery informatics market, including some of the vendors such as 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, and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the drug discovery informatics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Drug Discovery Informatics Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist drug discovery informatics market growth during the next five years
- Estimation of the drug discovery informatics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the drug discovery informatics market
- 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
Table Of Contents :
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Mode
- Market segments
- Comparison by Mode
- Discovery informatics - Market size and forecast 2019-2024
- Development informatics - Market size and forecast 2019-2024
- Market opportunity by Mode
Customer Landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- Asia - Market size and forecast 2019-2024
- ROW - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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