Drug Modelling Software Market Analysis and Scope (2024 to 2031)
Drug Modelling Software Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.96 Billion |
Market Size by 2031 | US$ 17.14 Billion |
Global CAGR (2023 - 2031) | 10.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Drug Modelling Software Market News and Recent Developments
The Drug Modelling Software Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for drug modelling software and strategies:
- The company launched more than two dozen new microservices that allow healthcare enterprises worldwide to take advantage of the latest advances in generative AI from anywhere and on any cloud. The company has accelerated software development kits and tools, including Parabricks, MONAI, NeMo, Riva and Metropolis, can now be accessed as NVIDIA CUDA-X microservices to accelerate healthcare workflows for drug discovery, medical imaging and genomics analysis. (Source: NVIDIA Healthcare, Newsletter, 2024)
- The company launched its Biodrug Design Accelerator, a platform to manage research processes for peptide drug discovery, which many regard as a promising frontier in the field of new drug development. (Source: Fujitsu Limited, Company Website, 2023)
- The company launched its AIDDISON drug discovery software, the first software-as-a-service platform that bridges the gap between virtual molecule design and real-world manufacturability through Synthia retrosynthesis software application programing interface (API) integration. It combines generative AI, machine learning and computer-aided drug-design to speed up drug development. (Source: MilliporeSigma, Newsletter, 2023)
Drug Modelling Software Market Report Coverage and Deliverables
The “Drug Modelling Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles