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Report
In Silico Drug Discovery Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Component (Software, Software-as-a-Service, Consultancy-as-a-Service), By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials), By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software), By Technology (Artificial Intelligence, Graphics Processing Unit, Others), By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others), By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others), By Company and By Region
Market Report I 2023-08-01 I 117 Pages I TechSci Research
The global in silico drug discovery market is anticipated to observe impressive growth during the forecast period 2023-2027. The major factors include growing incidences of various diseases, rising use of cloud-based applications, and extensive development in technology, which are curbing the market's growth. Nowadays, in silico methodologies are becoming an essential part of the drug discovery process. This is primarily because of the impact on the whole drug development trajectory, identifying and discovering new potential drugs with a substantial reduction in cost and time. The other factors supporting the market's growth are the extensive research and development, prevalence of various diseases, large number of clinical trials, rising emphasis on reduction in medical errors and readmission rates, various investments, the growing number of collaborations between companies, and rise in the volume of drug discovery data.
Rising Adoption of Cloud-Based Applications
The increasing use of cloud applications is fueling the growth of the in-silico drug discovery market. Cloud computing gives access to pharmaceutical researchers to use virtually infinite computational resources, permitting them to scale up or down their computing environment. Cloud computing has not only enhanced overall productivity but also minimized the chances of clinical failure. For instance, in 2020, researchers at the University of Bristol alleged to have used cloud-based solutions to successfully interpret the structure of a potential preventive intervention called ADDomer.
Technological Advancements Support the Market
Rapid technological advancements in the field of computational biology are bolstering the growth of the in-silico drug discovery market globally. Computational techniques are quite effective in the development of novel pharmaceutical compounds. The advancement in technologies is simplifying the various steps in sequencing, due to which the results obtained are faster and more accurate. For instance, in 2021, Pfizer Inc. and Amazon Web Services (AWS) have approved to work together on developing novel cloud-based technologies that could modernize how new medications are studied, manufactured, and disseminated for clinical trials. Similarly, in 2022, Insilico Medicine and the University of Zurich collaborated to leverage Insilico's dynamic AI technology to discover new cystinosis treatments.
Increasing Investments and Collaborations
Heavy investments in drug discovery and development with rising occurrences of various diseases are propelling the growth of the market. For instance, in 2021, as per a report published by the Pharmaceutical Research and Manufacturers of America (PhRMA), biopharmaceutical companies invested more than a trillion dollars in R&D in the last ten years, including a record year in 2020, when PhRMA member industries alone invested approximately 91 billion USD. Furthermore, the increasing number of partnerships that AI start-ups have with leading research centers may offer an alternative metric. For instance, in 2019, as a part of a 33 million partnership with GSK that commenced in 2017, Exscientia delivered a lead molecule targeted at the treatment of chronic obstructive pulmonary disease.
Market Segmentation
The global in silico drug discovery market is segmented into components, workflow, software type, technology, therapeutic area, end user, and company. Based on components, the market is divided into software, software-as-a-service, and consultancy-as-a-service. Based on workflow, the market is divided into discovery, pre-clinical tests, and clinical trials. Based on the discovery, the market is further segmented into target identification, target validation, and lead discovery. Based on software type, the market is segmented into molecular modeling & de novo drug design software and pharmacophore modeling software. Based on technology, the market is segmented into artificial intelligence, graphics processing unit, and others. Based on therapeutic area, the market is segmented into human immunodeficiency virus (HIV), infectious diseases, metabolic disorders, oncology disorders, and others. Based on end users, the market is divided into biotechnology & pharmaceutical companies, contract research organizations, academic & research organizations, and others. In terms of country, the United States is expected to be a lucrative market in the forecast period due to the extensive technology development in the country.
Market Players
Aragen Life Sciences Pvt. Ltd. (GVK Biosciences Pvt. Ltd.), Curia Global, Inc. (Albany Molecular Research Inc.), Charles River Laboratories International, Inc., Chemical Computing Group ULC. (CCG), Collaborative Drug Discovery Inc. (CDD), e-therapeutics plc., Dassault Systemes SE, Insilico Medicine, Inc., Numerate, Inc., and Schrodinger, Inc. are some of the leading companies operating in the market.
Report Scope:
In this report, global in silico drug discovery market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
- In Silico Drug Discovery Market, By Component:
o Software
o Software-as-a-Service
o Consultancy-as-a-Service
- In Silico Drug Discovery Market, By Workflow:
o Discovery
- Target Identification
- Target Validation
- Lead Discovery
o Pre-Clinical Tests
o Clinical Trials
- In Silico Drug Discovery Market, By Software Type:
o Molecular Modeling & De Novo Drug Design Software
o Pharmacophore Modeling Software
- In Silico Drug Discovery Market, By Technology:
o Artificial Intelligence
o Graphics Processing Unit
o Others
- In Silico Drug Discovery Market, By Therapeutic Area:
o Human Immunodeficiency Virus (HIV)
o Infectious Diseases
o Metabolic Disorders
o Oncology Disorders
o Others
- In Silico Drug Discovery Market, By End User:
o Biotechnology & Pharmaceutical Companies
o Contract Research Organizations
o Academic & Research Organizations
o Others
- In Silico Drug Discovery Market, By Region:
o North America
o United States
o Canada
o Mexico
o Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
o Europe & CIS
o Germany
o France
o United Kingdom
o Spain
o Italy
o South America
o Brazil
o Argentina
o Colombia
o Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global In Silico Drug Discovery Market
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global In Silico Drug Discovery Market
5. Voice of Customer
6. Global In Silico Drug Discovery Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Software, Software-as-a-Service, Consultancy-as-a-Service)
6.2.2. By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials)
6.2.2.1. By Discovery (Target Identification, Target Validation, Lead Discovery)
6.2.3. By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software)
6.2.4. By Technology (Artificial Intelligence, Graphics Processing Unit, Others)
6.2.5. By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others)
6.2.6. By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others)
6.2.7. By Company (2021)
6.2.8. By Region
6.3. Market Map
7. North America In Silico Drug Discovery Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component (Software, Software-as-a-Service, Consultancy-as-a-Service)
7.2.2. By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials)
7.2.2.1. By Discovery (Target Identification, Target Validation, Lead Discovery)
7.2.3. By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software)
7.2.4. By Technology (Artificial Intelligence, Graphics Processing Unit, Others)
7.2.5. By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others)
7.2.6. By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others)
7.2.7. By Country
7.3. North America: Country Analysis
7.3.1. United States In Silico Drug Discovery Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Workflow
7.3.1.2.3. By Software Type
7.3.1.2.4. By Technology
7.3.1.2.5. By Therapeutic Area
7.3.1.2.6. By End User
7.3.2. Canada In Silico Drug Discovery Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Workflow
7.3.2.2.3. By Software Type
7.3.2.2.4. By Technology
7.3.2.2.5. By Therapeutic Area
7.3.2.2.6. By End User
7.3.3. Mexico In Silico Drug Discovery Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Workflow
7.3.3.2.3. By Software Type
7.3.3.2.4. By Technology
7.3.3.2.5. By Therapeutic Area
7.3.3.2.6. By End User
8. Europe In Silico Drug Discovery Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Component (Software, Software-as-a-Service, Consultancy-as-a-Service)
8.2.2. By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials)
8.2.2.1. By Discovery (Target Identification, Target Validation, Lead Discovery)
8.2.3. By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software)
8.2.4. By Technology (Artificial Intelligence, Graphics Processing Unit, Others)
8.2.5. By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others)
8.2.6. By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others)
8.2.7. By Country
8.3. Europe: Country Analysis
8.3.1. France In Silico Drug Discovery Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Workflow
8.3.1.2.3. By Software Type
8.3.1.2.4. By Technology
8.3.1.2.5. By Therapeutic Area
8.3.1.2.6. By End User
8.3.2. Germany In Silico Drug Discovery Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Workflow
8.3.2.2.3. By Software Type
8.3.2.2.4. By Technology
8.3.2.2.5. By Therapeutic Area
8.3.2.2.6. By End User
8.3.3. United Kingdom In Silico Drug Discovery Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Workflow
8.3.3.2.3. By Software Type
8.3.3.2.4. By Technology
8.3.3.2.5. By Therapeutic Area
8.3.3.2.6. By End User
8.3.4. Italy In Silico Drug Discovery Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Workflow
8.3.4.2.3. By Software Type
8.3.4.2.4. By Technology
8.3.4.2.5. By Therapeutic Area
8.3.4.2.6. By End User
8.3.5. Spain In Silico Drug Discovery Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Workflow
8.3.5.2.3. By Software Type
8.3.5.2.4. By Technology
8.3.5.2.5. By Therapeutic Area
8.3.5.2.6. By End User
9. Asia-Pacific In Silico Drug Discovery Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Component (Software, Software-as-a-Service, Consultancy-as-a-Service)
9.2.2. By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials)
9.2.2.1. By Discovery (Target Identification, Target Validation, Lead Discovery)
9.2.3. By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software)
9.2.4. By Technology (Artificial Intelligence, Graphics Processing Unit, Others)
9.2.5. By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others)
9.2.6. By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others)
9.2.7. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China In Silico Drug Discovery Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Workflow
9.3.1.2.3. By Software Type
9.3.1.2.4. By Technology
9.3.1.2.5. By Therapeutic Area
9.3.1.2.6. By End User
9.3.2. India In Silico Drug Discovery Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Workflow
9.3.2.2.3. By Software Type
9.3.2.2.4. By Technology
9.3.2.2.5. By Therapeutic Area
9.3.2.2.6. By End User
9.3.3. Japan In Silico Drug Discovery Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Workflow
9.3.3.2.3. By Software Type
9.3.3.2.4. By Technology
9.3.3.2.5. By Therapeutic Area
9.3.3.2.6. By End User
9.3.4. South Korea In Silico Drug Discovery Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Component
9.3.4.2.2. By Workflow
9.3.4.2.3. By Software Type
9.3.4.2.4. By Technology
9.3.4.2.5. By Therapeutic Area
9.3.4.2.6. By End User
9.3.5. Australia In Silico Drug Discovery Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Component
9.3.5.2.2. By Workflow
9.3.5.2.3. By Software Type
9.3.5.2.4. By Technology
9.3.5.2.5. By Therapeutic Area
9.3.5.2.6. By End User
10. South America In Silico Drug Discovery Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Component (Software, Software-as-a-Service, Consultancy-as-a-Service)
10.2.2. By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials)
10.2.2.1. By Discovery (Target Identification, Target Validation, Lead Discovery)
10.2.3. By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software)
10.2.4. By Technology (Artificial Intelligence, Graphics Processing Unit, Others)
10.2.5. By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others)
10.2.6. By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others)
10.2.7. By Country
10.3. South America: Country Analysis
10.3.1. Brazil In Silico Drug Discovery Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Workflow
10.3.1.2.3. By Software Type
10.3.1.2.4. By Technology
10.3.1.2.5. By Therapeutic Area
10.3.1.2.6. By End User
10.3.2. Argentina In Silico Drug Discovery Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Workflow
10.3.2.2.3. By Software Type
10.3.2.2.4. By Technology
10.3.2.2.5. By Therapeutic Area
10.3.2.2.6. By End User
10.3.3. Colombia In Silico Drug Discovery Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Workflow
10.3.3.2.3. By Software Type
10.3.3.2.4. By Technology
10.3.3.2.5. By Therapeutic Area
10.3.3.2.6. By End User
11. Middle East and Africa In Silico Drug Discovery Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Component (Software, Software-as-a-Service, Consultancy-as-a-Service)
11.2.2. By Workflow (Discovery, Pre-Clinical Tests, Clinical Trials)
11.2.2.1. By Discovery (Target Identification, Target Validation, Lead Discovery)
11.2.3. By Software Type (Molecular Modeling & De Novo Drug Design Software, Pharmacophore Modeling Software)
11.2.4. By Technology (Artificial Intelligence, Graphics Processing Unit, Others)
11.2.5. By Therapeutic Area (Human Immunodeficiency Virus (HIV), Infectious Diseases, Metabolic Disorders, Oncology Disorders, Others)
11.2.6. By End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, Academic & Research Organizations, Others)
11.2.7. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa In Silico Drug Discovery Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Component
11.3.1.2.2. By Workflow
11.3.1.2.3. By Software Type
11.3.1.2.4. By Technology
11.3.1.2.5. By Therapeutic Area
11.3.1.2.6. By End User
11.3.2. Saudi Arabia In Silico Drug Discovery Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Component
11.3.2.2.2. By Workflow
11.3.2.2.3. By Software Type
11.3.2.2.4. By Technology
11.3.2.2.5. By Therapeutic Area
11.3.2.2.6. By End User
11.3.3. UAE In Silico Drug Discovery Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Component
11.3.3.2.2. By Workflow
11.3.3.2.3. By Software Type
11.3.3.2.4. By Technology
11.3.3.2.5. By Therapeutic Area
11.3.3.2.6. By End User
11.3.4. Turkey In Silico Drug Discovery Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Component
11.3.4.2.2. By Workflow
11.3.4.2.3. By Software Type
11.3.4.2.4. By Technology
11.3.4.2.5. By Therapeutic Area
11.3.4.2.6. By End User
11.3.5. Egypt In Silico Drug Discovery Market Outlook
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Component
11.3.5.2.2. By Workflow
11.3.5.2.3. By Software Type
11.3.5.2.4. By Technology
11.3.5.2.5. By Therapeutic Area
11.3.5.2.6. By End User
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Aragen Life Sciences Pvt. Ltd. (GVK Biosciences Pvt. Ltd.)
14.2. Curia Global, Inc. (Albany Molecular Research Inc.)
14.3. Charles River Laboratories International, Inc.
14.4. Chemical Computing Group ULC. (CCG)
14.5. Collaborative Drug Discovery Inc. (CDD)
14.6. e-therapeutics plc.
14.7. Dassault Systemes SE
14.8. Insilico Medicine, Inc.
14.9. Numerate, Inc.
14.10. Schrodinger, Inc.
15. Strategic Recommendations
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security