COVID-19: Drug Discovery Informatics Market 2020-2024| R&D Investment By The Pharmaceutical Companies to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#DrugDiscoveryInformaticsMarket–Technavio has been monitoring the drug discovery informatics market and it is poised to grow by $ 2.54 bn during 2020-2024, progressing at a CAGR of over 14% 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.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Certara LP, Collaborative Drug Discovery Inc., Dassault Systemes SE, Infosys Ltd., International Business Machines Corp., Melissa Inc., OpenEye Scientific Software Inc., PerkinElmer Inc., Schrodinger LLC, and Thermo Fisher Scientific Inc. are some of the major 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.

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The increase in R&D investments by pharmaceutical companies has been instrumental in driving the growth of the market. However, the high setup cost of drug discovery informatics might hamper market growth.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Drug Discovery Informatics Market 2020-2024: Segmentation

Drug Discovery Informatics Market is segmented as below:

• Application
  • Discovery Informatics
  • Development Informatics
• Geography
  • North America
  • Europe
  • Asia
  • ROW

Drug Discovery Informatics 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. The drug discovery informatics market report covers the following areas:

• Drug Discovery Informatics Market Size
• Drug Discovery Informatics Market Trends
• Drug Discovery Informatics Market Industry Analysis

This study identifies increasing outsourcing activities for drug discovery as one of the prime reasons driving the drug discovery informatics market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Drug Discovery Informatics Market 2020-2024: Key Highlights

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

Table of Contents:

Executive Summary

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

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

Market Segmentation by Mode

• Market segments
• Comparison by Mode
• Discovery informatics – Market size and forecast 2019-2024
• Development informatics – Market size and forecast 2019-2024
• Market opportunity by Mode

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America – Market size and forecast 2019-2024
• Europe – Market size and forecast 2019-2024
• Asia – Market size and forecast 2019-2024
• ROW – Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Volume driver – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Certara LP
• Collaborative Drug Discovery Inc.
• Dassault Systemes SE
• Infosys Ltd.
• International Business Machines Corp.
• Melissa Inc.
• OpenEye Scientific Software Inc.
• PerkinElmer Inc.
• Schrodinger LLC
• Thermo Fisher Scientific Inc.

Appendix

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

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