Molecular Modelling Market Share, Trends, Growth, Business Opportunities 2027
Molecular Modelling Market Research Report: by Product (Software and Services), by Application (Drug Development, Drug Discovery, and Others), by End-user (Pharmaceutical Biotechnology Companies, Research Academic Centers) - Forecast Till 2027
Major Key Players
- Fisher Scientific Company LLC. (US),
- Indigo Instruments (US),
- Simulation Plus (US),
- Certara, L.P. (US),
- Dassault Systèmes (France),
- Advanced Chemistry Development (Canada),
- Schrödinger, LLC (US),
- Genedata AG (Switzerland),
- Chemical Computing Group ULC (Canada),
- Physiomics PLC (UK),
- Entelos, Inc. (US).
Segmentations
Molecular Modelling Market has been segmented on the basis of approach, application, products, and end user.
On the basis of application, the market is segmented into drug development, drug discovery, and other application. The drug discovery is further segmented into direct drug design, indirect drug design, and molecular mimicry. The direct drug design is sub-segmented into lead identification, target identification, and others. The indirect drug design is sub-segmented into pharmacophore, quantitative structure-activity relationships (QSAR), and others.
On the basis of approach, the market is segmented into molecular mechanics approach, and quantum chemistry approach.
On the basis of product, the market is segmented into instruments, reagents, kits, and others.
On the basis of end user, the market is segmented into pharmaceutical biotechnological companies, research organizations, and others.
Opportunity:
Countries situated near the equator have become the budding ground for many chronic diseases such as chagas, dengue, leprosy, and rabies due to problematic climactic conditions forcing these countries to employ the latest advancements into their system. Governments of developing countries have initiated education programs and projects such as the Janala Project in Bangladesh, ProjectABC in Nigeria, Tostan in Senegal, Yoza in South Africa, and BridgeIT in Tanzania, and others to create awareness regarding the conditions and healthcare IT tools.
Regional Analysis
The Americas dominates the global molecular modelling market owing to well-developed technology, increasing prevalence of the people suffering from cardiovascular diseases, and increasing government support for research development. Furthermore, high healthcare expenditure and increasing RD activities have fuelled the growth of the market in this region.
Europe holds the second position in the global molecular modelling market, which is followed by Asia Pacific. It is expected that the government support for research development and availability of funds for research will drive the market. Asia Pacific is the fastest growing molecular modelling market due to the presence of rapidly growing economy, developing healthcare technology, increasing healthcare expenditure, and huge patient pool.
On the other hand, the Middle East Africa holds the least share of the market due to limited availability of medical facilities, less availability of funds, and poor political conditions in Africa.
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