Quantitative Structure-Activity Relationship Market Size, Share

Quantitative Structure-Activity Relationship (QSAR) Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Application (Drug Discovery, Molecular Modelling, Chemical Screening, Regulatory and Decision-Making, Other Applications); Industry (Pharmaceuticals, Cosmetics, Environmental, Food and Beverage), and Geography

  • Report Code : TIPRE00018665
  • Category : Healthcare IT
  • Status : Published
  • No. of Pages : 148
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The quantitative structure-activity relationship (QSAR) market is expected to reach US$ 1,888.5 million by 2027 from US$ 1,388.1 million in 2019; it is estimated to grow at a CAGR of 4.0% from 2020 to 2027.

The market growth is mainly attributed to the increasing adoption rate of modeling tools in drug discovery and rising economic for drug discovery . However, low adoption rate of the technique in emerging countries is hindering the quantitative structure-activity relationship market growth.

 

Lucrative Regions for Quantitative Structure-Activity Relationship Market


Lucrative Regions for Quantitative Structure-Activity Relationship Market

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Increasing Adoption of Modeling Tools in Drug Discovery

QSAR is a computational modeling method used to determine relationships between structural properties and biological activities of chemical compounds. The drug discovery and development, along with studying the potential therapeutic applications of the drug, is a complicated, expensive, and time-consuming process. Pharmaceutical and biopharmaceutical companies are adopting various computational methodologies such as QSAR to increase the efficiency of this entire process. In stages from hit identification to lead optimization, techniques such as ligand or structure-based virtual screening are widely being used by various pharmaceutical companies. With the help of modeling, existing data can be leveraged to gain insights into product safety and effectiveness. Owing to the efficiency of computational methods, the Foof and Drug Administration (FDA) and European Medicines Agency (EMA) have incorporated drug modeling to achieve efficient drug development. In addition, in silico (computer-aided) designs are being utilized to expedite and accomplish the process of hit identification; optimize the distribution, absorption, and metabolism of compounds; and draw toxicity profile to avoid safety issues. Commonly used in silico approaches include ligand-based structure-based drug design, drug design, and quantitative structure-activity relationships. As these methods are faster and provide valuable insights into experimental findings and mechanisms of action, various pharmaceutical companies have started adopting these techniques for better outcomes, which is fueling the quantitative structure-activity relationship market growth.

Application-BasedInsights

The quantitative structure-activity relationship (QSAR) market, based on application, is segmented into drug discovery, molecular modelling, chemical screening, regulatory and decision-making, and other applications. In 2019, the drug discovery segment held the largest share of the market, and it is further expected to register the highest CAGR in the market during the forecast period. The growth of the market for this segment is mainly credited to the rising adoption rate of technologies in drug discovery process.

Quantitative Structure-Activity Relationship Market, by Application – 2019and 2027

Quantitative Structure-Activity Relationship Market, by Application – 2019and 2027

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Industry-Based Insights

The quantitative structure-activity relationship market, by industry, is segmented into pharmaceuticals, cosmetics, environmental, and food and beverages. In 2019, the pharmaceuticals segment held the largest share of the market, and the same segment is expected to register the highest CAGR in the market during 2020–2027.

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Quantitative Structure-Activity Relationship (QSAR) Market: Strategic Insights

quantitative-structure-activity-relationship-qsar-market
Market Size Value inUS$ 1,388.1 Million in 2019
Market Size Value byUS$ 1,888.5 Million by 2027
Growth rateCAGR of 4.0% from 2020-2027
Forecast Period2020-2027
Base Year2020
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A few players operating in the quantitative structure-activity relationship market are Protoqsar Sl., Intertek Group Plc, Bibra Toxicology Advice And Consulting Ltd, Covance Inc. (Labcorp), Latham Biopharm Group, Nsf International, Creative Biolabs, Qsar Lab Sp. Z O, and Dassault Systèmes. These players are adopting several organic and inorganic strategies to enhance their revenue and market standings. For instance, in May 2019, Dassault Systems acquired Medidata Solution to gain access to its clinical expertise and add its cloud-based solutions to Dassault’s portfolio.

Quantitative Structure-Activity Relationship Market – by Application

  • Drug Discovery
  • Molecular Modelling
  • Chemical Screening
  • Regulatory and Decision-Making
  • Other Applications

Quantitative Structure-Activity Relationship Market – by Industry

  • Pharmaceuticals
  • Cosmetics
  • Environmental
  • Food and Beverages

Quantitative Structure-Activity Relationship Market – by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Spain
  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Australia
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
  • South and Central America
    • Brazil
    • Argentina

Company Profiles

  • Protoqsar Sl.,
  • Intertek Group Plc,
  • Bibra Toxicology Advice And Consulting Ltd,
  • Covance Inc. (Labcorp),
  • Latham Biopharm Group,
  • Nsf International,
  • Creative Biolabs,
  • Qsar Lab Sp. Z O,
  • DassaultSystèmes.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application ; Industry , and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is quantitative structure-activity relationship (QSAR)?

A quantitative structure-activity relationship (QSAR) is a computational or mathematical modeling approach to reveal connections between biological activities and chemical compounds' structural properties. It attempts to correlate chemical structure with an activity using statistical approaches. The QSAR models are beneficial for various purposes, including the prediction of actions of untested chemicals. Also, it helps to prioritize desired biological activities as an in silico methodology and thus decreases the number of candidate chemicals to be tested with in vivo experiments.

What are the driving factors for the quantitative structure-activity relationship (QSAR) market across the globe?

Factors such as increasing adoption of modeling tools in drug discovery and increasing economic burden of drug discovery are expected to drive the market growth. However, less adoption in emerging countries hinders the growth of the market.

What is the regional market scenario of quantitative structure-activity relationship (QSAR)?

Global quantitative structure-activity relationship (QSAR) market is segmented by region into North America, Europe, Asia Pacific, Middle East &Africa and South & Central America. The North American region is the largest shareholder and the Asia Pacific is the fastest growing market for quantitative structure-activity relationship (QSAR). The growth of the North America market is attributed to growing adoption ate of the artificial intelligence technologies in the pharmaceutical industries of the region. Additionally, Canada’s Centre for Drug Research and Development has been working to grow and accelerate Canadian-based research, and has spun out seven companies that aim to solve unmet medical needs.

The List of Companies - Global Quantitative Structure-Activity Relationship (QSAR) Market

  1. Protoqsar Sl.
  2. Intertek Group Plc
  3. Bibra Toxicology Advice And Consulting Ltd
  4. Covance Inc. (Labcorp)
  5. Latham Biopharm Group
  6. Nsf International
  7. Creative Biolabs
  8. Qsar Lab Sp. Z O
  9. Dassault Systèmes

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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