The molecular modelling market is expected to witness market growth at a rate of 14.43% in the forecast period of 2021 to 2028 and is expected to reach USD 7,244.69 million by 2028.
Industry Analysis
Data Bridge Market Research report on molecular modelling market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing research and development activities are escalating the growth of molecular modelling market.
Molecular modelling refers to a technique which is utilized for drug designing process. It assists in describing the generation or manipulation, three- dimensional structures of molecules and physic-chemical properties. They help in studying the structures and behavior of molecules. They are also deployed for computational biology and material science. Various computerized techniques are adopted to analyze the biological and molecular property.
The increasing investment by the pharmaceutical and biotechnology companies on research and development acts as one of the major factors driving the growth of molecular modelling market. The increasing incidences of diseases such as cancer, cardiovascular and infections and ongoing technological advancement and development accelerate the molecular modelling market growth. The rise in the need to incorporate structural biology and molecular modeling techniques with the purpose of developing new generation of drugs and high drug attrition rate associated with late-phase clinical trials in drug development further influence the molecular modelling market. Additionally, increasing geriatric population, growth in awareness regarding diseases and treatments among people research and development activities, enhancing healthcare infrastructure and surge in healthcare expenditure positively affect the molecular modelling market. Furthermore, technological advancement and innovations extend profitable opportunities to the molecular modelling market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the devices is expected to obstruct the molecular modelling market growth. Lack of trained and skilled professionals is projected to challenge the molecular modelling market in the forecast period of 2021-2028.
Molecular Modelling Market Scope and Market Size
The molecular modelling market is segmented on the basis of product, approach, application and end- user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
· On the basis of product, the molecular modelling market is segmented into software and services.
· On the basis of approach, the molecular modelling market is segmented into molecular mechanics approach and quantum chemistry approach.
· On the basis of application, the molecular modelling market is segmented into drug development, drug discovery and others. Drug discovery is further segmented into direct drug design, indirect drug design and molecular mimicry.
· On the basis of end- user, the molecular modelling market is segmented into pharmaceutical and biotechnology companies, research centers and academic institutions and others.
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Molecular Modelling Market Country Level Analysis
The molecular modelling market is analyzed and market size insights and trends are provided by country, product, approach, application and end- user as referenced above.
The countries covered in the molecular modelling market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the molecular modelling market due to the several collaborations undertaken by prominent market players for increasing the research and development activities and high medical standards. Asia-Pacific is expected to witness the fastest growth during the forecast period of 2021 to 2028 because of the rising presence of contract research organizations, unprecedented evolution of the healthcare infrastructure and standards and surge in healthcare IT spending in the region.
The country section of the molecular modelling market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Molecular Modelling Market Share Analysis
The molecular modelling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to molecular modelling market.
The major players covered in the molecular modelling market report are Cresset, Schrödinger, LLC, Optibrium, Ltd., BioSolveIT GmbH, Simulations Plus, Chemical Computing Group ULC, Certara, L.P., OpenEye Scientific Software, Dassault Systèmes, Thermo Fisher Scientific Inc., Indigo Instruments, Advanced Chemistry Development, Physiomics Plc, Genedata AG, Rosa & Co., LLC, Bioinformatics Inc., Bruker, Biomax Informatics AG and QIAGEN among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global Molecular Modelling Market by Product & Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-molecular-modelling-market
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