Drug Discovery Informatics Market analysis research and trends report for 2016-2023

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Drug Discovery Informatics Market trends research
and projections for 2016-2023 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Drug Discovery Informatics
Market

• In Europe, demand for these services increased
  due to upsurge in the therapeutic discovery
  ventures and activities carried out by
  universities, research institutes, and other
  companies. Asia Pacific is forecast to be an
  attractive regional segment over the next few
  years. Factors responsible for this growth
  include drug nanotechnology sector and ongoing
  research in software.

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• Application Analysis of Drug Discovery
  Informatics Market
• Rising chronic illness such as cardiovascular
  diseases (CVD), oncology, diabetes mellitus, and
  other infectious diseases is the major concern
  for healthcare providers and government
  organizations worldwide. The U.S. government has
  taken initiatives in association with Presidents
  Council of Advisors on Science and Technology
  (PCAST) aimed at improving financial inducements
  to stimulate modernization in pharmaceutical
  industry development, which is an important
  factor for industry revenue. Collaborations
  between pharmaceutical companies and insilico
  vendors have resulted in efficient growth of the
  industry to develop global as well as local
  products. Shortage of information technology and
  critical aspects of data evaluation are forecast
  to hamper global demand in the coming years.

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Competitive Market Share of Drug Discovery
Informatics Market

• Key participants involved are Infosys, Certara,
  Charles River Laboratories, Boehringer Ingelheim
  GmbH, Albany Molecular Research, ChemAxon,
  Selvita, GVK Biosciences, Novo Informatics,
  DiscoverX, and Jubilant Biosys. Companies are
  involved in geographical expansion by providing
  services in untapped regional industries and also
  collaborate with universities and academic
  research institutes. In 2016, Boehringer
  Ingelheim collaborated with Arena Pharmaceuticals
  for the distribution of novel medications for
  treatment of schizophrenia.

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