USD 3.29 billion
Report ID:
SQMIG35I2209 |
Region:
Global |
Published Date: February, 2025
Pages:
219
|Tables:
89
|Figures:
76
Global Drug Discovery Informatics Market size was valued at USD 3.29 billion in 2023 and is poised to grow from USD 3.66 billion in 2024 to USD 8.62 billion by 2032, growing at a CAGR of 11.3% during the forecast period (2025-2032).
The expanding demand and support for rare illness and orphan drug development, together with biotechnology and pharmaceutical companies' increased research spending on informatics, are the main factors propelling the global drug discovery informatics market growth. The demand and rate of drug discovery informatics industry expansion are demonstrated by this growth in research expenditure. The process of discovering new drugs involves a great deal of information gathering. Drug discovery informatics comprises databases of different medications and compounds that are used for research by different pharmaceutical corporations. Database management and filtering are done with a variety of software. Informatics for drug discovery uses critical data, IT platforms, and other procedures to overcome obstacles.
Modern technology is used in this field for data processing, management, analysis, and storage. Improvements in high performance computing and online services, along with a greater emphasis on drug development through the use of informatics software, are the main factors propelling the drug discovery informatics industry. The increasing demand for new therapeutic agents as well as the increasing application of in silico modelling technologies will also stimulate the drug discovery informatics market growth. The high cost of informatics tools, however, might impede the growth of the market. Additionally, the growth of the biotechnology and biologics industries across developing countries will provide many lucrative business opportunities.
US Drug Discovery Informatics Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 3.29 billion
Largest Segment
Drug Discovery
Fastest Growth
Drug Development
Growth Rate
11.3% CAGR
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Global Drug Discovery Informatics Market is segmented by Function, Application, Solution, End User and region. Based on Function, the market is segmented into Sequencing and Target Data Analysis, Docking, Molecular Modelling, Library & Database Preparation and Other functions. Based on Application, the market is segmented into Drug Discovery and Drug Development. Based on Solution, the market is segmented into Software and Services. Based on End User, the market is segmented into Pharmaceutical Companies, Biotechnology Companies, Contract Research Organization (CROs) and Other End Users. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
As per categorization by application, the market is classified as drug discovery and drug development. Among these, the drug discovery earned the largest drug discovery informatics market share and continues to dominate the market. The global drug discovery informatics market outlook is witnessing significant dominance, driven by advancements in artificial intelligence, machine learning, and big data analytics. Such technologies make drug discovery applications more effective and precise by improving data management, molecular modeling and predictive analysis. The drug discovery applications are at the forefront of the market as they help in the rapid screening of potential drug candidates, reduce costs associated with development, better the rate of success, and most importantly ensure that therapeutic agents reach the patients more quickly.
Drug development applications are poised to be the fastest-growing segment in the global drug discovery informatics market due to their crucial role in optimizing the drug pipeline and enhancing efficiency. With the advent of development, pharmaceutical firms are under more pressure to shorten time to market and cost of development. Such applications enhance data integration and collaboration amongst research teams, making it possible to have ready insights. Furthermore, the emergence of personalized medications creates a need for complex informatics systems that will help in assessing huge amounts of biological information so that therapies are more targeted. Tied to these changes, drug development applications which would be analytics and simulation tools will be crucial enabling systems as regulatory requirements become more complex hence their quick uptake.
Current innovations in sequencing and target data analysis are transforming the global drug discovery informatics market by enabling researchers to decipher complex biological systems more effectively. Technological breakthroughs in next generation sequencing (NGS) and in-bioinformatics allow for carrying out high data analysis for drug target and biomarker discovery. This function leads the markets owing to its ability to increase the accuracy of the drug discovery processes and predict responses of patients to various treatments. Moreover, AI and machine learning would enhance and quicken the data analysis, thus sequencing and analysis of target data becomes essential for the development of personalized medicine as well as for cheeses in the drug development period.
The molecular modeling function is set to become the fastest-growing segment in the global drug discovery informatics market due to its ability to simulate and visualize molecular interactions effectively. With the increasing need for precision medicine, molecular modeling has become a critical tool in understanding drug candidates' structure-activity relationships with a view of minimizing the classical-empirical trial and error associated with the experimental drug development process. The application of even more sophisticated computer engines of the sort of machine learning, artificial intelligence, and the like therefore improves the predictive capability of researchers enabling them to come up with more potent compounds. Again, the emergence of targeted therapies calls for more intricate molecular information, making molecular modeling imperative in speeding up the drug discovery and development timelines.
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North America is dominating the global drug discovery informatics market primarily due to its robust pharmaceutical industry, significant investments in research and development, and a strong presence of leading biotech firms. The region is characterized by sophisticated technology and a high number of universities that encourage the processes associated with the discovery of new medicines. Moreover, governmental policies together with available funds for biopharmaceutical research propel the drug discovery informatics market expansion. The enhanced operational efficiencies due to the rising use of AI and big data analytics in drug development has also ensured that North America fully exploits the potential of advanced informatics solutions. All these reasons put the region in the best position in the drug discovery informatics skyline.
Europe is the fastest-growing region in the drug discovery informatics market, driven by its commitment to innovation in life sciences and a strong regulatory framework that encourages research and development. Many pharmaceutical and biotech firms present in the region are implementing more and more informatics solutions to speed up the process of drug discovery. Industry and academia join forces to promote progress in, among other regions, data analytics and bioinformatics which, coupled with the European Medicines Agency's efforts, stimulate the growth of the sector through improved drug approval processes. Europe's orientation towards such medicines as personalized medicine and precise therapies causes it to take the lead in the use of modern identification technologies.
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Advancements in Data Informatics Technology
Increasing Demand for Personalized Medicine
Data Privacy and Regulatory Challenges
Integration Complexity
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The competitive landscape of the drug discovery informatics industry is characterized by the presence of numerous players striving to innovate and enhance their offerings. The drug discovery informatics market is dominated by advanced informatics solutions and services supplied by major international players, such as Thermo Fisher Scientific, Roche, and PerkinElmer. Moreover, companies such as Charles River Laboratories and BioPharma Solutions are investing more in technologies and forming agreements to increase their share of the market, which is characterized by an increasing need for effective drug discovery techniques.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global drug discovery informatics market is experiencing robust growth fueled by advancements in technology and an increasing focus on personalized medicine. The integration of AI and machine learning is revolutionizing data analysis, leading to more efficient drug candidate identification and development processes.
However, such constraints as privacy of data and the complexity of integration do not deter the market, as it still has vast opportunities for growth, especially in regions such as North America and Europe. With the ongoing adoption of informatics solutions by pharmaceutical companies, the efficient processes of drug discovery and development are expected to undergo revolutionary changes, with global positive implications for treated patients.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 3.29 billion |
Market size value in 2032 | USD 8.62 billion |
Growth Rate | 11.3% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Drug Discovery Informatics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Drug Discovery Informatics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Drug Discovery Informatics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Drug Discovery Informatics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Drug Discovery Informatics Market size was valued at USD 3.29 Billion in 2023 and is poised to grow from USD 3.66 Billion in 2024 to USD 8.62 Billion by 2032, growing at a CAGR of 11.30% during the forecast period (2025-2032).
The competitive landscape of the drug discovery informatics industry is characterized by the presence of numerous players striving to innovate and enhance their offerings. The drug discovery informatics market is dominated by advanced informatics solutions and services supplied by major international players, such as Thermo Fisher Scientific, Roche, and PerkinElmer. Moreover, companies such as Charles River Laboratories and BioPharma Solutions are investing more in technologies and forming agreements to increase their share of the market, which is characterized by an increasing need for effective drug discovery techniques. 'Accelrys (Biovia)', 'Schrödinger', 'Genedata', 'OpenEye Scientific Software', 'Certara', 'Dotmatics', 'Collaborative Drug Discovery (CDD)', 'Optibrium', 'Chemical Computing Group (CCG)', 'IBM Watson Health', 'PerkinElmer', 'BioSolveIT', 'Entelos', 'Dassault Systèmes Biovia', 'XtalPi Inc.', 'OpenText', 'Benchling', 'MedChemica Ltd.', 'ChemAxon', 'BioSymetrics Inc.'
The rapid advancements in technology, particularly in artificial intelligence and machine learning, are driving the global drug discovery informatics. These technologies take the capabilities of data analysis to another level. They allow researchers to handle overwhelming data volumes in a matter of minutes, and with great precision which, in turn, facilitates the search for molecular entities that can be turned into drugs and accelerates the entire process of drug discovery.
Increasing Adoption of AI and Machine Learning: There is a noticeable rise in the use of AI and ML technologies in the drug discovery informatics industry. These tools improve the analysis of data, allow for faster identification of drug candidates, promote the use of predictive modeling, all of which lead to the stimulation of creativity and efficiency.
North America is dominating the global drug discovery informatics market primarily due to its robust pharmaceutical industry, significant investments in research and development, and a strong presence of leading biotech firms. The region is characterized by sophisticated technology and a high number of universities that encourage the processes associated with the discovery of new medicines. Moreover, governmental policies together with available funds for biopharmaceutical research propel the drug discovery informatics market expansion. The enhanced operational efficiencies due to the rising use of AI and big data analytics in drug development has also ensured that North America fully exploits the potential of advanced informatics solutions. All these reasons put the region in the best position in the drug discovery informatics skyline.
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