Press Release

Cheminformatics Market to Be Dominated by Advancements in Drug Development Through 2027

Increasing demand for personalized medicines and advancements in new drug developments are expected to drive the demand for the global cheminformatics market in the forecast period.


According to TechSci Research report,
Cheminformatics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, The global cheminformatics market is anticipated to observe an impressive growth for the forecast period, 2023-2027. The major factors include increasing awareness of personalized medicine combined with unsustainable liability of chronic disease propel the growth of cheminformatics market globally. Moreover, due to the awareness of personalized drugs among people, the demand of these stratified medicines has made a positive influence on the cheminformatics market. Furthermore, the other factors which impel the growth of the market are investments in research and development projects to validate potential drug candidates and effectively operate data generated in the course of molecular and atomic reactions. Also, the advancements in the new drug discovery process are a contributing factor for the growth of the market as it helps to design drugs which help to advance public health and care.


However, the use of expensive software for cheminformatics is a major concern as it might hamper the growth of the market.


Browse over XX market data Figures spread through
 110 Pages and an in-depth TOC on "Cheminformatics Market"


The global cheminformatics market is segmented into
application, end user, company, and   region. Based on application, the market is divided into chemical analysis, drug discovery and validation, virtual screening, and others. Based on end user, the market is divided into chemical & pharmaceutical companies, academic & research institutions, and others.


Based on application, the market is divided into chemical analysis, drug discovery and validation, virtual screening, and others.
Drug discovery category is expected to account for significant share in the upcoming years as investments on research and developments projects are increasing and also because of the low success rate of potential leads such as drug molecules.


Based on end use, the market is divided into chemical & pharmaceutical companies, academic & research institutions, and others. Chemical & pharmaceutical companies is predicted to led the market as various research is done to design a new drug. Also, in chemical and pharmaceutical companies, visualization and analysis of the chemical data is very crucial which is handled by cheminformatics.


Major operating companies operating in global cheminformatics market are:

  • Agilent Technologies Inc.
  • Bio-Rad Laboratories Inc.
  • PerkinElmer NC.
  • Accelrys Software Inc.
  • Chemical Computing Group, Inc.
  • Certara, L.P.
  • Advanced Chemistry Development, Inc. (ACD/Labs)
  • BioSolveIT GmbH
  • BIOVIA (Dassault Systèmes)
  • ChemAxon Inc.
  • Eurofins CEREP SA (Eurofins Panlabs Inc.)
  • Jubilant Biosys Inc.
  • Molecular Discovery Ltd.
  • OpenEye Scientific Software Inc.
  • Schrödinger Inc


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“The Asia-pacific region dominated the market in 2021 and is predicted to maintain its dominance in the upcoming years due to the awareness of precision medicines
and increase in patients suffering from chronic diseases. Asia-pacific is one of the fastest growing cheminformatics markets in the world as large multinational companies are establishing their business due to labor wages, low manufacturing and favorable conditions for manufacturing. Moreover, the nation in the Asia-pacific are determinedly investing in the research and development (R&D) projects due to which the cheminformatics market is projected to grow through 2026 “said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.


Cheminformatics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Application (Chemical Analysis, Drug Discovery and Validation, Virtual Screening, Others), By End User (Chemical & Pharmaceutical Companies, Academic & Research Institutions, Others), By Company, and By Region”, has evaluated the future growth potential of cheminformatics market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global cheminformatics market.


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