According to the current analysis of Reports and Data, the global Molecular Modeling Techniques Market was valued at USD 4.00 billion in 2018 and is expected to reach USD 14.97 billion by the year 2026, at a CAGR of 17.9%. The global Molecular Modeling Techniques market is an essential part of the worldwide healthcare sector and has already made vital contributions in obtaining remedies to several diseases. The Molecular Modeling Techniques field are concerned with an arrangement of various molecules in biological compounds and how the peculiarity of the arrangement affects the nature of the compound. The field also shows different alterations in the structure of the compounds affecting their environment and showing the position of each part of the structure, which is linked to the overall nature of the compound.
Governments all over the world have recently placed a high priority on improving the quality of medicine and healthcare in general as a result of the growing geriatric and patient populations. Because of the sustained funding for medical research in recent years, it is anticipated that the market for structural biology and molecular modelling techniques will continue to grow steadily. The need for substantial RD activities is being created by rising drug resistance and a high rate of drug attrition, which is expected to encourage the use of structural biology molecular modelling approaches in the drug discovery and development process. The expensive cost of the equipment could limit market expansion.
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Further key findings from the report suggest
- Researchers of the University of Natural Resources and Life Sciences in Austria proceed out molecular dynamics simulations to study the activity of humanized antibodies (Ab2/3H6), which is believed to neutralize HIV-1.
- Large drug attrition rate associated with late-phase clinical trials in drug development is a significant contributor of the elevated costs, which is further presumed to propel the demand for modeling techniques to reduce the probability of drug failure.
- Potency determination of a new drug molecule in the silicon screening of 3-D chemical structures expedite the lead discovery and optimization process, thereby allowing the greater focus to be laid on targets with high therapeutic potential.
- North America captured a dominant share in the overall structural biology molecular modeling techniques market with 35%. Heightening their RD capabilities to ensure high medical standards is expected to propel the demand in this region.
- Threading is valued at 883.9 million in 2018 and expected to reach 3.23 billion in 2026 by increasing technological advancements in threading segment.
- Molecular dynamics is the fastest-growing segment with CAGr of 17.7% and expected to reach 2.61 billion in 2026.
- Stringent regulation by government and availability of alternatives is one of the restraints to this market growth.
Competitive Outlook of the Global Molecular Modeling Techniques Market
The globla Molecular Modeling Techniques market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Molecular Modeling Techniques market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.
Top Companies Profiled in the Report:
AlDassault Systemes, Agile Molecule, Accellera Ltd., Bioinformatic LLC, Affymetrix, Agilent Technologies, Inc., Illumina, Bruker Daltonics Inc., Biomax Informatics AG, Chemical Computing Group, and CLC bio.
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The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.
Molecular Modeling Techniques Market Segmentation:
Tools (Revenue, USD Million; 2016–2026)
- SaaS standalone modeling
- Homology modeling
- Threading
- Molecular dynamics
- Ab Initio
- Hybrid
- Others
- Visualization analysis
- Databases
- Others
Application (Revenue, USD Million; 2016–2026)
- Drug development
- Drug discovery
- Others
Geographic Segment Covered in the Report:
The Molecular Modeling Techniques report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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