The global drug discovery informatics market size was estimated at USD 713.4 million in 2016. It is anticipated to progress at a CAGR of 12.6% over the forecast period. Introduction of in silico tools, which enable computation with varied workflows that are in sync with rate of modern medicinal chemistry is one of the key trends stimulating market growth. Drug discovery is a functional process in pharmaceutical and biotechnology companies. It involves different steps and procedures that depend on in-silico tools for reducing the complexity of a process.
Identification of lead molecules requires synthesis and analysis of many derivatives that can be prepared with the help of in silico modeling tools. Success of a drug discovery experiment depends extensively on effectiveness of tools employed to assess varied aspects of drugs. In silico tools used herein include modeling tools for determination of 3D structures of ligand and protein-ADMET assessment-affinity estimation in docking and drug-ligand interaction for pharmacological profiling.
Major market participants are involved in adoption of in silico modeling tools, which is expected to work in favor of the market. In silico tools are promising tools that provide valuable structural screening and information validation at a fraction of the cost of traditional methods, shortening the discovery process to a great extent.
Migration from expensive and large mainframe computers as well as shared clusters to personal supercomputers, powerful desktops, small workgroup clusters, or laptops is extending the full potential of next-generation discovery information processing provided to a broader range of scientists. The onus is shifting to software developers, who need to create scientific software products that are easy to use, in order to most effectively exploit the power of inexpensive computing.
Advancements with respect to fundamental algorithms employed by computational information processing for predictive chemistry, which lead to improvement in scientific innovation and laboratory informatics, are likely to augment the market in the coming years. This group of “front-line” scientific applications, part of a category of software generally referred to as “laboratory informatics,” is a critical component in the redefinition of discovery information processing and is increasingly being used by laboratory chemists and biologists.
Presence of some software and tools for protein structure prediction, reverse docking, conformational analysis, microarray analysis, pharmacophore mapping, comparative molecular field analysis (CoMFA), and comparative molecular similarity indices analysis (CoMSIA) coupled with introduction of novel tools is projected to drive adoption of lead generation informatics over the coming years.
Development information processing comprises lead optimization, FHD preparation, Phase IA, and Phase IB informatics. Leads generated in prior steps of drug discovery is optimized in this step. It involves testing and screening of different chemical agents to check their biological effects on a given target of interest. It employs chemical libraries, combinatorial chemistry, and high throughput screening for this purpose.
Presence of different co-operation models, such as joint ventures, strategic partnership, price competition, and project selection, for outsourcing drug information processing solutions in the industry are poised to support the growth of the drug discovery informatics market. Furthermore, other benefits associated include compressed timelines, increased production, focus on core competencies, minimized risks, and access to novel technologies.
In-house informatics includes companies that are involved in drug discovery with use of their own technology platforms. Companies operating in this segment are influencing the dynamics of the segment. Some of the key companies are Certara, Inc.; Boehringer Ingelheim GmbH, and ChemAxon.
Reduction in price will greatly rev up the adoption rates of genome sequencing and is estimated to result in significant increase in its demand and market adoption. Initiatives taken to foster and disseminate molecular informatics are anticipated to contribute to the growth of the segment over the forecast period.
Informatics companies are providing software solutions such as biological entity management system, PBPK modeling and simulation, and pharmacometrics analysis. These companies include Certara; Infosys; Collaborative Drug Discovery; and Albany Molecular Research, Inc.
North America dominated the market owing to higher incidence rates of different infectious diseases and oncology diseases. Simultaneous developments of next generation sequencing and chemical laboratories in the region are among the primary growth stimulants of the market for drug discovery informatics.
Asia Pacific provides a substantial cost saving advantage, with savings ranging from 50% to 80% of the cost as compared to developed nations, thus leading to an augmentation in the volume of clinical trials being conducted in this region. This is, thereby, providing a significant push to the regional market. The region is expected to experience the fastest growth during the regional market.
Major participants include Albany Molecular Research Inc.; Certara; Boehringer Ingelheim GmBh; Charles River Laboratories; Infosys; GVK Biosciences; Collaborative Drug Discovery Inc.; DiscoverX; ChemAxon; Jubilant Biosys; Novo Informatics; and Selvita.
These players are embracing the trend of collaborating with research institutes and clinical research organizations to gain a competitive edge. Furthermore, they are also collaborating with the leading pharmaceutical manufacturers to consolidate their position in the arena.
Report Attribute |
Details |
Market size value in 2020 |
USD 2.4 billion |
Revenue forecast in 2025 |
USD 2.07 billion |
Growth Rate |
CAGR of 12.6% from 2017 to 2025 |
Base year for estimation |
2017 |
Historical data |
2014 - 2016 |
Forecast period |
2017 - 2025 |
Quantitative units |
Revenue in USD billion and CAGR from 2017 to 2025 |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors and trends |
Segments covered |
Workflow, services, mode, region |
Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
Country scope |
U.S.; Canada; Germany; U.K.; China; Japan; Brazil; South Africa |
Key companies profiled |
Albany Molecular Research Inc.; Certara; Boehringer Ingelheim GmBh; Charles River Laboratories; Infosys; GVK Biosciences; Collaborative Drug Discovery Inc.; DiscoverX; ChemAxon; Jubilant Biosys; Novo Informatics; Selvita |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at regional & country level and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this report, Grand View Research has segmented the global drug discovery informatics market report on the basis of workflow, services, mode, and region:
Workflow Outlook (Revenue, USD Million, 2014 - 2025)
Drug Discovery
Identification & Validation Informatics Assay Development Informatics
Lead Generation information processing
Drug Development
Lead Optimization
FHD Preparation
Phase IA
Phase IB/2
Mode Outlook (Revenue, USD Million, 2014 - 2025)
In-house
Outsourced
Service Outlook (Revenue, USD Million, 2014 - 2025)
Sequence Analysis Platforms
Molecular Modeling
Docking
Clinical Trial Data Management
Others
Regional Outlook (Revenue, USD Million, 2014 - 2025)
North America
U.S.
Canada
Europe
Germany
U.K.
Asia Pacific
Japan
China
Latin America
Brazil
Middle East and Africa (MEA)
South Africa
b. The global drug discovery informatics market size was estimated at USD 2.1 billion in 2019 and is expected to reach USD 2.4 billion in 2020.
b. The global drug discovery informatics market is expected to grow at a compound annual growth rate of 11.2% from 2020 to 2027 to reach USD 5.0 billion by 2027
b. North America dominated the drug discovery informatics market with a share of 39.4% in 2019. This is attributable to higher incidence rates of different infectious diseases & oncology diseases and simultaneous developments of next-generation sequencing & chemical laboratories in the region.
b. Some key players operating in the drug discovery informatics market include Albany Molecular Research Inc.; Certara; Boehringer Ingelheim GmBh; Charles River Laboratories; Infosys; GVK Biosciences; Collaborative Drug Discovery Inc.; DiscoverX; ChemAxon; Jubilant Biosys; Novo Informatics; and Selvita.
b. Key factors that are driving the drug discovery informatics market growth include Increasing adoption of in-silico modeling tools, advancements in high-performance computing and web services, the growing volume of drug discovery data, and growth in demand for novel drug moieties.
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Biopharmaceutical innovators are at the forefront of the human response to the coronavirus pandemic. A significant number of major biotech firms are in the midst of a race to investigate the Sars-Cov-2 genome and prepare a viable vaccine for the same. As compared to the speed of response to SARS/MERs etc, the biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a considerable amount of funds are being put into the R&D. With multiple candidates in trial, the public and private sectors are anticipated to work in unison for the foreseeable period, until a vaccine is developed for Covid-19. The report will account for Covid19 as a key market contributor.