Chemoinformatics is the use of computer and informational techniques applied to a range of problems in the field of chemistry. These techniques are used in pharmaceutical companies in the process of drug discovery. These methods can also be used in chemical and allied industries in various other forms. Chemoinformatics is the mixing of those information resources to transform data into information and information into knowledge for the intended purpose of making better decisions faster in the area of drug lead identification and optimization.
The "Global Chemoinformatics Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Chemoinformatics market with detailed market segmentation by application, end user and geography. The report provides key statistics on the market status of the leading chemoinformatics market players and offers key trends and opportunities in the market.
- Based on application, the global chemoinformatics market is segmented into drug discovery, chemical analysis, drug validation, and other applications. Drug discovery sub segmented as high throughput screening, lead identification and optimization, Qsar/Qspr, adme-toxicology prediction. Chemical Analysis is sub segmented as chemical databases, chemo metrics, molecular modelling, computer assisted structure elucidation, computer assisted synthesis design.
- On the basis of end user, the market is segmented into chemical and pharmaceutical industry, research and academic institution, regulatory centers, and others.
- Increased demand of personalized medicine
- Innovations and advancements in the drug development process
- Growing occurrence and incidence of chronic disease
- Advances in the computer technology
- Cost Associated with Chemoinformatics Software.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The chemoinformatics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chemoinformatics market in these regions.
IMPACT OF COVID-19 ON CHEMOINFORMATICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Chemoinformatics market is positively impacted due to COVID-19.
The report covers key developments in the chemoinformatics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chemoinformatics market are anticipated to lucrative growth opportunities in the future with the rising demand for chemoinformatics in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chemoinformatics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Jubilant Biosys
- Molecular Discovery Ltd.
- OpenEye Scientific Software
- DASSAULT SYSTeMES
- Agilent Technologies
- Bio-Rad Laboratories, Inc.
- BioSolveIT GmbH
- Schrödinger, LLC
- ChemAxon Ltd.
- Golden Helix, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.