Structural Biology & Molecular Modeling Techniques Market Hits USD 13.1 Billion By 2025: Grand View Research, Inc.
The structural biology
& molecular modeling techniques market is expected to reach USD
13.1 billion by 2025, according to a new study by Grand View Research, Inc. An
unprecedented rise in the adoption of unhealthy lifestyles has led to an
upsurge in the prevalence of chronic diseases, such as diabetes and cancer,
which is presumed to propel the structural biology & molecular modeling
techniques market during the forecast period.
Moreover, increasing drug
resistance coupled with the high drug attrition rate is engendering the
requirement for extensive R&D activities, which is presumed to boost the
adoption of structural biology & molecular modeling techniques in the drug
discovery and development process. This is expected to serve as an efficient
approach in fast tracking the development of drugs with high potency.
The heightening demand for
molecular modeling techniques is predominantly attributable to the significant
cost reduction enabled. This is due to the fact that prediction software
identifies possible adverse reactions and determines drug efficacy and toxicity
in the pre-clinical stages, thereby reducing the probability of drug failure at
the later stages. Consequentially, the aforementioned factors serve as
prominent reasons responsible for the widened market demand.
Browse full research report on Structural Biology &
Molecular Modeling Techniques Market: http://www.grandviewresearch.com/industry-analysis/structural-biology-and-molecular-modeling-technique-market
Further key findings from
the study suggest:
- SaaS & standalone modeling held the largest share
of the tools segment in 2015 owing to extensive utilization of
computer-assisted structuring and modeling techniques in R&D
- The drug discovery segment is anticipated to grow at
a lucrative CAGR owing to continual introduction of software modifications
with focus on enhanced drug designing aimed to accelerate the process in
identifying novel therapeutic agents
- In 2015, North America dominated the global
structural biology & molecular modeling techniques market owing to the
presence of a wide number of established pharmaceutical companies
extensively involved in the commercialization of in silico tools to
promote their usage
- Asia Pacific is expected to grow at an exponential
CAGR owing to favorable government initiatives supporting research
activities and the increasing trend of outsourcing drug development by the
developed economies
- The key participants are employing clinical and
research collaborative strategies promoting the adoption of structural
prediction software and databases to gain a competitive advantage
Read Our Blog: http://www.grandviewresearch.com/blog/structural-biology-molecular-modeling-techniques-market-size-trends
Grand View Research has segmented the structural biology
& molecular modeling techniques market on the basis of tools, applications,
and region:
Tools Outlook (Revenue, USD Million, 2014 - 2025)
- SaaS
& standalone modeling
- Homology
modeling
- Threading
- Molecular
dynamics
- Ab
Initio
- Hybrid
- Others
- Visualization
& analysis
- Databases
- Others
Application Outlook (Revenue, USD Million, 2014 - 2025)
- Drug
development
- Drug
discovery
- Others
Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- India
- Latin
America
- Mexico
- Brazil
- MEA
- South
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting services.
To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
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