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Global Chemoinformatics Market to reach USD 9.18 billion by the end of 2030

Global Chemoinformatics Market Size study & Forecast, by Application (Chemical Analysis, Drug Discovery, Drug Validation, Others) and Regional Analysis, 2023-2030

Product Code: HLSHIT-68545217
Publish Date: 5-12-2023
Page: 200

Global Chemoinformatics Market is valued at approximately USD 2.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 15.5% over the forecast period 2023-2030. Chemoinformatics is a emerging field of IT that focuses on collecting, storing, analyzing, and manipulating chemical data, including small molecule formulas, structures, properties, spectra, and biological and industrial activities. This technology defines archival data protocols and represents 3D molecular structures, enabling the search and comparison of compounds with specific features. The market is expanding due to factors such as the increasing prevalence of chronic diseases and the emphasis on effective data management. However, the lack of skilled labor hampers the market growth.

The market growth is being driven by the increasing prevalence of chronic disease. The rise in chronic diseases necessitates the development of new and more effective drugs. Chemoinformatics plays a crucial role in the drug discovery process by analyzing chemical and biological data to identify potential drug candidates, thus driving demand for its tools and expertise. In March 2022, a survey conducted by National Sample Survey Office(NSSO) and published by the National Center for Biotechnology Information reported that about 21% of the elderly in India have at least one chronic disease. In rural areas, 17% of the elderly suffer from a chronic disease, while in urban areas, that number increases to 29%. Hypertension and diabetes account for about 68% of all chronic diseases. The improvements in data storage and management technologies have allowed for the efficient organization and retrieval of chemical data. Additionally, computer technology advancements have allows the handling of large-scale chemical databases and complex calculations with unprecedented speed and efficiency. The emergence of cloud computing has provided researchers and scientists with on-demand access to vast computational resources, allowing for scalable and collaborative chemoinformatics research. . The market sees growth opportunities which include innovations and advancements in the drug development process and increased demand for personalized medicine. For example, according to the Frontiers in Chemistry journal published in June 2021, cheminformatics has become an integral part of drug discovery, accelerating the search for new chemicals with desired properties such as physicochemical, pharmacological, toxicological, and pharmacokinetic. However, the concern for data security and privacy stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Chemoinformatics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. The region is experiencing growth due to rising focus on research and development, the integration of cutting-edge technologies, a growing incidence of chronic diseases, and the presence of key players within the pharmaceutical manufacturing sector. Additionally, the rising patient awareness about healthcare services and the increasing demand for personalized medicine are anticipated to drive market expansion.. Asia Pacific is expected to grow significantly over the forecast period. Countries such as India, China, and Singapore are attracting multinational players due to cost-effectiveness and favorable manufacturing environments. Moreover, the substantial surge in research initiatives in the swiftly developing economies across the Asia Pacific is poised to provide added impetus to this growth trend.

Major market players included in this report are:
Collaborative Drug Discovery Inc.
Advanced Chemistry Development, Inc. Agilent Technologies, Inc.
Cambridgesoft Corp.
ChemAxon, Ltd.
Bio-Rad Laboratories, Inc.
Schrödinger, Inc
Molecular Discovery Ltd.
BioSolveIT GmbH
Dassault Systemes

Recent Developments in the Market:
Ø In September 2022, Cadence Design Systems, Inc. bolstered its Intelligent System Design strategy through the acquisition of OpenEye Scientific Software, Inc. This strategic move incorporated OpenEye’s advanced technologies and skilled workforce, fast-tracking Cadence’s expansion into molecular modeling and simulation. The primary focus of this expansion is to cater to the life sciences sector.
Ø In June 2022, TetraScience, the R&D Data Cloud platform, revealed a significant collaboration with ChemAxon, a prominent web-based provider of cheminformatics and bioinformatics software. By joining the Tetra Partner Network, ChemAxon aims to assist customers in significantly enhancing their capabilities to discover and synthesize chemical compounds, resulting in improved property profiles..
Ø In February 2022, Agilent Technologies Inc. recently acquired Virtual Control’s powerful artificial intelligence technology. This software provider specializes in creating unique analytical solutions for lab testing using AI and machine learning. Agilent plans to incorporate the ACIES software into its gas chromatography and mass spectrometry equipment, leading to improved productivity, efficiency, and accuracy.

Global Chemoinformatics Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Chemical Analysis
Drug Discovery
Drug Validation

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Chemoinformatics Market, by Region, 2020-2030 (USD Billion)
1.2.2. Chemoinformatics Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Chemoinformatics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Chemoinformatics Market Dynamics
3.1. Chemoinformatics Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing prevalence of chronic diseases Emphasis on effective data management Advances in computer technology
3.1.2. Market Challenges Lack of skilled labour Data privacy and security
3.1.3. Market Opportunities Innovation and Advancements Drug discovery and development
Chapter 4. Global Chemoinformatics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Chemoinformatics Market, by Application
5.1. Market Snapshot
5.2. Global Chemoinformatics Market by Application, Performance – Potential Analysis
5.3. Global Chemoinformatics Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
5.4. Chemoinformatics Market, Sub Segment Analysis
5.4.1. Chemical Analysis
5.4.2. Drug Discovery
5.4.3. Drug Validation
5.4.4. Others
Chapter 6. Global Chemoinformatics Market, Regional Analysis
6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Chemoinformatics Market, Regional Market Snapshot
6.4. North America Chemoinformatics Market
6.4.1. U.S. Chemoinformatics Market Application breakdown estimates & forecasts, 2020-2030
6.4.2. Canada Chemoinformatics Market
6.5. Europe Chemoinformatics Market Snapshot
6.5.1. U.K. Chemoinformatics Market
6.5.2. Germany Chemoinformatics Market
6.5.3. France Chemoinformatics Market
6.5.4. Spain Chemoinformatics Market
6.5.5. Italy Chemoinformatics Market
6.5.6. Rest of Europe Chemoinformatics Market
6.6. Asia-Pacific Chemoinformatics Market Snapshot
6.6.1. China Chemoinformatics Market
6.6.2. India Chemoinformatics Market
6.6.3. Japan Chemoinformatics Market
6.6.4. Australia Chemoinformatics Market
6.6.5. South Korea Chemoinformatics Market
6.6.6. Rest of Asia Pacific Chemoinformatics Market
6.7. Latin America Chemoinformatics Market Snapshot
6.7.1. Brazil Chemoinformatics Market
6.7.2. Mexico Chemoinformatics Market
6.8. Middle East & Africa Chemoinformatics Market
6.8.1. Saudi Arabia Chemoinformatics Market
6.8.2. South Africa Chemoinformatics Market
6.8.3. Rest of Middle East & Africa Chemoinformatics Market

Chapter 7. Competitive Intelligence
7.1. Key Company SWOT Analysis
7.1.1. Company 1
7.1.2. Company 2
7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. Collaborative Drug Discovery Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
7.3.2. Advanced Chemistry Development, Inc.
7.3.3. Agilent Technologies, Inc.
7.3.4. Cambridgesoft Corp.
7.3.5. ChemAxon, Ltd.
7.3.6. Bio-Rad Laboratories, Inc.
7.3.7. Schrödinger, Inc
7.3.8. Molecular Discovery Ltd.
7.3.9. BioSolveIT GmbH
7.3.10. Dassault Systems
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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