Enjoy complimentary customisation on priority with our Enterprise License!
The drug discovery informatics market size is forecast to increase by USD 7.29 billion at a CAGR of 18.17% between 2023 and 2028. The market is experiencing significant growth due to the increasing focus on combating chronic diseases and the integration of advanced technologies, such as AI algorithms, into research and development (R&D) processes. Financial investments in R&D by pharmaceutical and biopharmaceutical companies continue to rise, leading to an increased number of clinical trials. However, the high setup cost of drug discovery informatics remains a challenge. To address this, informatics solutions are being implemented to streamline workflows and improve research infrastructure. Hardware advancements and the availability of specialized expertise are also contributing to the adoption of computational drug discovery. As the importance of data-driven insights grows, the need for efficient and accurate informatics solutions is becoming increasingly crucial. This trend is expected to continue as the pharmaceutical industry seeks to improve productivity and reduce costs in the drug discovery process.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Solution
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.