Global In-Silico Drug Discovery Market Growth (Status and Outlook) 2023-2029

Global In-Silico Drug Discovery Market Growth (Status and Outlook) 2023-2029

In silico also known as computer-aided drug design is a process by which the drug is design or discovered by using computational methods. Drug discovery process is carried out to identify new drug molecules that can attach to a specific target. This method of identifying drugs is based on computation and the entire process is considered linear and consecutive. Various factors make in-silico drug discovery method more productive and a wise approach in comparison to earlier drug discovery methods used for the drug development process. In-silico drug design can play a significant role in all stages of drug development – from the initial lead designing to final stage clinical development.
LPI (LP Information)' newest research report, the “In-Silico Drug Discovery Industry Forecast” looks at past sales and reviews total world In-Silico Drug Discovery sales in 2022, providing a comprehensive analysis by region and market sector of projected In-Silico Drug Discovery sales for 2023 through 2029. With In-Silico Drug Discovery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world In-Silico Drug Discovery industry.
This Insight Report provides a comprehensive analysis of the global In-Silico Drug Discovery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on In-Silico Drug Discovery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global In-Silico Drug Discovery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for In-Silico Drug Discovery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global In-Silico Drug Discovery.
The global In-Silico Drug Discovery market size is projected to grow from US$ 1947.7 million in 2022 to US$ 4399.4 million in 2029; it is expected to grow at a CAGR of 12.3% from 2023 to 2029.
The main In-Silico Drug Discovery players include Charles River, Certara USA, Inc., Evotec, etc. The top three In-Silico Drug Discovery players account for approximately 36% of the total global market. In terms of type, Consultancy as a Service is the largest segment, with a share about 41%. And in terms of Application, the largest application is Contract Research Organization, followed by Pharmaceutical Industry.
This report presents a comprehensive overview, market shares, and growth opportunities of In-Silico Drug Discovery market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Software as a Service (Cloud)
Consultancy as a Service
Software
Segmentation by application
Contract Research Organization
Pharmaceutical Industry
Academic and Research Institutes
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Charles River
Certara USA, Inc.
Evotec
Dassault System (Biovia)
Albany Molecular Research Inc. (AMRI)
Selvita
Schrödinger, Inc.
GVK BIO
OpenEye Scientific Software
Chemical Computing Group (CCG)

Please note: The report will take approximately 2 business days to prepare and deliver.