Global Quantum Computing in Drug Discovery Market Report and Forecast 2024-2032
Market Report I 2023-09-25 I 140 Pages I EMR Inc.
Global Quantum Computing in Drug Discovery Market Report and Forecast 2024-2032
Global Quantum Computing in Drug Discovery Market Outlook
Quantum computing in drug discovery market was valued at USD 603.1 million in 2023, driven by the growing positive impact on the drug discovery process in pharmaceutical companies. The market size is anticipated to grow at a CAGR of 26% during the forecast period of 2024-2032 to achieve a value of USD 4,810.2 million by 2032.
Quantum Computing in Drug Discovery: Introduction
Quantum computing has the potential to revolutionize various fields, including drug discovery. While quantum computers are still in their infancy and not yet widely accessible, researchers are exploring their applications in drug discovery due to their ability to perform complex calculations at speeds that classical computers can't match. It is important to note that while quantum computing holds tremendous promise in drug discovery, practical applications are still in the experimental and theoretical stages. Building and maintaining quantum computers with the necessary qubits and minimizing error rates remain significant challenges. Additionally, quantum computers are not yet widely accessible to researchers in the field.
Key Trends in the Global Quantum Computing in Drug Discovery Market
Quantum computing in the drug discovery market has been experiencing significant growth and evolution in recent years. Several key trends are some key trends shaping the market:
- Increased Investment: There may have been increased investment from both public and private sectors in quantum computing technologies, including those applied to drug discovery. Governments, pharmaceutical companies, and tech giants might have dedicated more resources to quantum computing research and development.
- Partnerships and Collaborations: Collaboration between quantum computing companies and pharmaceutical firms could have become more common. These partnerships may aim to leverage the power of quantum computers for tasks such as simulating molecular interactions, drug optimization, and identifying potential candidates for drug development.
- Advanced Algorithms: Quantum algorithms specifically designed for drug discovery could have matured, allowing researchers to tackle complex problems more efficiently. Quantum machine learning techniques might have gained prominence in the field.
- Demonstrated Use Cases: There may have been more tangible demonstrations of quantum computing's value in drug discovery. Researchers might have showcased successful applications, such as simulating protein folding or predicting drug interactions.
- Rising Competition: The quantum computing market may have become more competitive, with various companies vying for dominance in the quantum drug discovery space. This competition could drive innovation and lower costs.
- Regulatory Considerations: Regulatory bodies might have started addressing the unique challenges and opportunities presented by quantum computing in the pharmaceutical industry. Guidelines and standards may have been developed to ensure the safe and effective use of quantum technologies in drug discovery.
Global Quantum Computing in Drug Discovery Market Segmentations
The market can be categorized into product and services, therapeutic areas, and regions.
Market Breakup by Product and Services
- Target Identification / Validation
- Hit Generation / Lead Identification
- Lead Optimization
Market Breakup by Therapeutic Area
- Cardiovascular Disorders
- CNS Disorders
- Dermatological Disorders
- Endocrine Disorders
- Gastrointestinal Disorders
- Immunological Disorders
- Infectious Diseases
- Musculoskeletal Disorders
- Oncological Disorders
- Respiratory Disorders
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Quantum Computing in Drug Discovery Market Overview
The quantum computing landscape in drug discovery is currently experiencing a dynamic and rapidly evolving phase. As of the present moment, quantum computing technology is making significant inroads into the pharmaceutical industry, promising to revolutionize the drug discovery process. Researchers and pharmaceutical companies are increasingly harnessing the power of quantum computers to tackle complex computational challenges that were previously insurmountable for classical computers. This includes simulating molecular structures and interactions with unprecedented accuracy, accelerating the drug discovery timeline, and potentially leading to the development of more effective and personalized medicines. The market for quantum computing in drug discovery is thus characterized by innovation, collaboration, and a growing interest from both established players and startups, all driven by the promising potential of quantum computing in advancing pharmaceutical research.
Key Players in the Global Quantum Computing in Drug Discovery Market
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the quantum computing in drug discovery market are as follows:
- Accenture
- Amazon Web Service
- Atos
- Fujitsu
- Huwaei
- IBM
- Microsoft
- Xanadu
- XtalPi
We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1Preface
1.1Objectives of the Study
1.2Key Assumptions
1.3Report Coverage - Key Segmentation and Scope
1.4Research Methodology
2Executive Summary
3Global Quantum Computing in Drug Discovery Market Overview
3.1Global Quantum Computing in Drug Discovery Market Historical Value (2017-2023)
3.2Global Quantum Computing in Drug Discovery Market Forecast Value (2024-2032)
4Global Quantum Computing in Drug Discovery Market Landscape
4.1Global Quantum Computing in Drug Discovery: Developers Landscape
4.1.1Analysis by Year of Establishment
4.1.2Analysis by Company Size
4.1.3Analysis by Region
4.2Global Quantum Computing in Drug Discovery: Product Landscape
4.2.1Analysis by Type
4.2.2Analysis by Technology
4.2.3Analysis by Applications
5Global Quantum Computing in Drug Discovery Market Dynamics
5.1Market Drivers and Constraints
5.2SWOT Analysis
5.3Porter's Five Forces Model
5.4Key Demand Indicators
5.5Key Price Indicators
5.6Industry Events, Initiatives, and Trends
5.7Value Chain Analysis
6Global Quantum Computing in Drug Discovery Market Segmentation
6.1Global Quantum Computing in Drug Discovery Market by Product and Services
6.1.1Market Overview
6.1.2Target Identification / Validation
6.1.3Hit Generation / Lead Identification
6.1.4Lead Optimization
6.2Global Quantum Computing in Drug Discovery Market by Therapeutic Area
6.2.1Market Overview
6.2.2Cardiovascular Disorders
6.2.3CNS Disorders
6.2.4Dermatological Disorders
6.2.5Endocrine Disorders
6.2.6Gastrointestinal Disorders
6.2.7Immunological Disorders
6.2.8Infectious Diseases
6.2.9Musculoskeletal Disorders
6.2.10Oncological Disorders
6.2.11Respiratory Disorders
6.2.12Others
6.3Global Quantum Computing in Drug Discovery Market by Region
6.3.1Market Overview
6.3.2North America
6.3.3Europe
6.3.4Asia Pacific
6.3.5Latin America
6.3.6Middle East and Africa
7North America Quantum Computing in Drug Discovery Market
7.1Market Share by Country
7.2United States of America
7.3Canada
8Europe Quantum Computing in Drug Discovery Market
8.1Market Share by Country
8.2United Kingdom
8.3Germany
8.4France
8.5Italy
8.6Others
9Asia Pacific Quantum Computing in Drug Discovery Market
9.1Market Share by Country
9.2China
9.3Japan
9.4India
9.5ASEAN
9.6Australia
9.7Others
10Latin America Quantum Computing in Drug Discovery Market
10.1Market Share by Country
10.2Brazil
10.3Argentina
10.4Mexico
10.5Others
11Middle East and Africa Quantum Computing in Drug Discovery Market
11.1Market Share by Country
11.2Saudi Arabia
11.3United Arab Emirates
11.4Nigeria
11.5South Africa
11.6Others
12Regulatory Framework
12.1Regulatory Overview
12.1.1US FDA
12.1.2EU EMA
12.1.3INDIA CDSCO
12.1.4JAPAN PMDA
12.1.5Others
13Patent Analysis
13.1Analysis by Type of Patent
13.2Analysis by Publication year
13.3Analysis by Issuing Authority
13.4Analysis by Patent Age
13.5Analysis by CPC Analysis
13.6Analysis by Patent Valuation
13.7Analysis by Key Players
14Grants Analysis
14.1Analysis by year
14.2Analysis by Amount Awarded
14.3Analysis by Issuing Authority
14.4Analysis by Grant Application
14.5Analysis by Funding Institute
14.6Analysis by NIH Departments
14.7Analysis by Recipient Organization
15Funding and Investment Analysis
15.1Analysis by Funding Instances
15.2Analysis by Type of Funding
15.3Analysis by Funding Amount
15.4Analysis by Leading Players
15.5Analysis by Leading Investors
15.6Analysis by Geography
16Partnership and Collaborations Analysis
16.1Analysis by Partnership Instances
16.2Analysis by Type of Partnership
16.3Analysis by Leading Players
16.4Analysis by Geography
17Supplier Landscape
17.1Accenture
17.1.1Financial Analysis
17.1.2Product Portfolio
17.1.3Demographic Reach and Achievements
17.1.4Mergers and Acquisitions
17.1.5Certifications
17.2Amazon Web Service
17.2.1Financial Analysis
17.2.2Product Portfolio
17.2.3Demographic Reach and Achievements
17.2.4Mergers and Acquisitions
17.2.5Certifications
17.3Atos
17.3.1Financial Analysis
17.3.2Product Portfolio
17.3.3Demographic Reach and Achievements
17.3.4Mergers and Acquisitions
17.3.5Certifications
17.4Fujitsu
17.4.1Financial Analysis
17.4.2Product Portfolio
17.4.3Demographic Reach and Achievements
17.4.4Mergers and Acquisitions
17.4.5Certifications
17.5Huwaei
17.5.1Financial Analysis
17.5.2Product Portfolio
17.5.3Demographic Reach and Achievements
17.5.4Mergers and Acquisitions
17.5.5Certifications
17.6IBM
17.6.1Financial Analysis
17.6.2Product Portfolio
17.6.3Demographic Reach and Achievements
17.6.4Mergers and Acquisitions
17.6.5Certifications
17.7Microsoft
17.7.1Financial Analysis
17.7.2Product Portfolio
17.7.3Demographic Reach and Achievements
17.7.4Mergers and Acquisitions
17.7.5Certifications
17.8Xanadu
17.8.1Financial Analysis
17.8.2Product Portfolio
17.8.3Demographic Reach and Achievements
17.8.4Mergers and Acquisitions
17.8.5Certifications
17.9XtalPi
17.9.1Financial Analysis
17.9.2Product Portfolio
17.9.3Demographic Reach and Achievements
17.9.4Mergers and Acquisitions
17.9.5Certifications
18Key Opinion Leaders (KOL) Insights (Additional Insight)
19Company Competitiveness Analysis (Additional Insight)
19.1Very Small Companies
19.2Small Companies
19.3Mid-Sized Companies
19.4Large Companies
19.5Very Large Companies
20Payment Methods (Additional Insight)
20.1Government Funded
20.2Private Insurance
20.3Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
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