Rising presence of contract research organizations, increasing healthcare IT spending, and unprecedented evolution of the healthcare infrastructure and standards, rise in the prevalence of chronic diseases are key factors contributing to industry growth during the forecast period.
Market Size – USD 4.71 Billion in 2019
Market Growth – CAGR of 17.9%
Market Trends – Product launches and research for advanced structural biology and molecular modeling
The structural biology and molecular modeling market was valued at USD 4.71 billion in the year 2019 and is projected to reach USD 17.64 billion by 2027, rising at a CAGR of 17.9% in the forecast period. Contributing substantially to obtaining several remedies for distinct diseases, structural biology and molecular modeling is a crucial part of the healthcare sector globally. This field is focused in the arrangement of several molecules of a broad array of biological compounds, along with detecting side effects on the compounds’ nature due to this peculiar arrangement. Structural biology and molecular modeling exhibit distinct structural alternations of the compounds, affecting the environment. Moreover, this field detects each part of the structural position—linked to the compound’s overall nature.
Owing to the increasing geriatric population and growing patient demographics’ volume, governments worldwide have focused on the enhancement of the quality of healthcare as well as medicines. In recent years, this factor has prompted market players to make high investment in R&D and medical research, thus, propelling growth of the industry for structural biology and molecular modeling. Furthermore, increasing drug resistance, combined with high attrition rate of drug, has elevated requirement for constant activities in research and development, leading to the fast adoption of the techniques related to structural biology & molecular modeling for the process of drug development and discovery. However, high equipment cost may cause hindrance in the industry’s development.
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Further key findings from the report suggest
- In Austria, Natural Resources and Life Sciences University’s researchers carried out an experiment on the simulations of molecular dynamics for studying Ab2/3H6 (humanized antibodies) activity, which is expected for neutralizing HIV-1.
- During drug development, late-phase clinical trials, along with increased attrition rate of drug, have been responsible for elevated costs. This factor is triggering demand for modelling techniques for reducing drug failure probability.
- 3D chemical structures’ silicon screening aids in determining the potency of a new molecule of drug, expediting the optimization and discovery process, thereby helping in focusing on targets with a great therapeutic potential.
- North America has been dominating the market with 35% of the overall share. Extensive R&D activities and improving research capabilities for ensuring and maintaining medical standards are impacting the region’s growth.
- In 2019, threading segment registered a valuation of USD 1.03 billion and anticipated to touch worth 3.79 billion by 2027, due to the fast progress of technology in this segment.
- The segment of molecular dynamics is growing fast at 17.7% rate of CAGR, and presumed to hit 3.07 billion by 2027.
- Stringent government regulation and ample alternatives’ availability are restricting the growth of the industry.
- Key players are Agile Molecule, AlDassault Systemes, Accellera Ltd., Affymetrix, Bioinformatic LLC, Agilent Technologies, Inc., Chemical Computing Group, Bruker Daltonics Inc., Illumina, CLC bio, and Biomax Informatics AG.
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For this report, Reports and Data has segmented the structural biology and molecular modeling market based on tool, application, and region:
Tool Outlook (Revenue, USD Million; 2017–2027)
- SaaS & standalone modeling
- Homology modeling
- Threading
- Molecular dynamics
- Ab Initio
- Hybrid
- Others
- Visualization & analysis
- Databases
- Others
Application Outlook (Revenue, USD Million; 2017–2027)
- Drug development
- Drug discovery
- Others
Regional Outlook (Revenue in USD Million; 2017–2027)
- North America
- US.
- Canada
- Europe
- Germany
- France
- UK.
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Brazil
- Middle East & Africa
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Table of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 – 2026
Chapter 3. Indicative Metrics
3.1. High drug attrition rate
3.2. Rising volume of patient demographics
Chapter 4. Structural biology and Molecular modeling Market Segmentation & Impact Analysis
4.1. Structural biology and Molecular modeling Segmentation Analysis
4.2. Structural biology and Molecular modeling Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Structural biology and Molecular modeling Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. High prevalence of target diseases across the world
4.4.1.2. Advanced technological framework supporting research
4.4.2. Market restraint analysis
4.4.2.1. Lack of awareness
4.4.2.2. Availability of Alternatives
Continued…….
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