Computer-Aided Drug Discovery Market 2020-2024 | Growing Need for Reducing Healthcare Costs to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–#ComputerAidedDrugDiscoveryMarketShare–Technavio has been monitoring the computer-aided drug discovery market and it is poised to grow by USD 21.75 bn during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report


The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CompChem Solutions Ltd., International Business Machines Corp., Kang Yusheng Information Technology Co. Ltd., OpenEye Scientific Software Inc. and Pharmaron Beijing Co. Ltd. are some of the major market participants. Although the growing need for reducing healthcare costs will offer immense growth opportunities, frequent changes in healthcare regulatory compliances requirements will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing need for reducing healthcare costs has been instrumental in driving the growth of the market. However, frequent changes in healthcare regulatory compliances requirements might hamper market growth.

Computer-aided drug discovery market 2020-2024: Segmentation

Computer-aided drug discovery market is segmented as below:

Therapeutic areas

  • Oncological Disorders
  • Neurological Disorders
  • Others.

Geographic segmentation

  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Computer-aided drug discovery market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our computer-aided drug discovery market report covers the following areas:

  • Computer-aided drug discovery market size
  • Computer-aided drug discovery market trends
  • Computer-aided drug discovery market industry analysis

This study identifies growing popularity of precision medicine as one of the prime reasons driving the computer-aided drug discovery market growth during the next few years.

Computer-aided drug discovery market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the computer-aided drug discovery market, including some of the vendors such as CompChem Solutions Ltd., International Business Machines Corp., Kang Yusheng Information Technology Co. Ltd., OpenEye Scientific Software Inc. and Pharmaron Beijing Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the computer-aided drug discovery market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Computer-aided drug discovery market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist computer-aided drug discovery market growth during the next five years
  • Estimation of the computer-aided drug discovery market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the computer-aided drug discovery market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of computer-aided drug discovery market vendors

Table of Content

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Other 1

  • Market segments
  • Comparison by Other1 placement
  • Oncological disorders – Market size and forecast 2019-2024
  • Neurological disorders – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Other1

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption
  • Vendor Analysis

Vendors covered

  • Market positioning of vendors
  • Aaranya Biosciences Pvt. Ltd.
  • Albany Molecular Research Inc.
  • Charles River Laboratories International Inc.
  • ChemBio Discovery Inc.
  • Chemical Computing Group ULC
  • CompChem Solutions Ltd.
  • International Business Machines Corp.
  • Kang Yusheng Information Technology Co. Ltd.
  • OpenEye Scientific Software Inc.
  • Pharmaron Beijing Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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