Computer-Aided Drug Discovery Market

Global computer-aided drug discovery market forecast is projected to reach $7,504.7 million by 2030, growing with an expected CAGR of 11.48% from 2022 to 2030.

PORTLAND, OREGON, US, October 7, 2022 /EINPresswire.com/ -- The Computer-aided drug discovery market size was $2.9 billion in 2021, and is estimated to reach $7.5 billion by 2030, growing at a CAGR of 11.48% from 2022 to 2030. The report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players. In the world of drug development, CADD is an effective tool for identifying potential therapeutic compounds. Computer-aided drug design (CADD) is a drug design technique used in medicinal chemistry. This method uses software to create multiple chemical structures with minor changes to a single drug structure that has already been shown to be therapeutically effective.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.alliedmarketresearch.com/request-sample/17201

𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:
The global computer-aided drug discovery (CADD) market, on the other hand, has seen a positive impact throughout the COVID-19 pandemic.

Computational technologies, specifically computer-aided virtual screening and molecular modelling, can play an important role in understanding the structural aspects of multiple coronavirus molecular targets and identifying novel lead molecules.

Researchers at Stony Brook University's Laufer Center, a hub for research in Physical and Quantitative Biology, announced to use computing therapeutics to discover chemicals that activate or inhibit viral molecules.

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
• BOCSCI Inc.,
• Bioduro-Sundia,
• Schrödinger, Inc.,
• Aragen Life Sciences Pvt. Ltd.,
• Aris Pharmaceuticals, Inc,
• Charles River Laboratories,
• Bayer AG,
• AstraZeneca,
• Albany Molecular Research Inc. (AMRI)

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲@ https://www.alliedmarketresearch.com/purchase-enquiry/17201

By type, the market is classified into structure-based drug design (SBDD), ligand-based drug design (LBDD), and sequence-based approaches. By therapeutic area, the analysis has been divided into oncology, neurology, cardiovascular disease, respiratory disease, diabetes, and others. By end-user, the market has been divided into pharmaceutical companies, biotechnology companies, and research laboratories. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Incorporation of advanced technologies in CADD is likely to increase the size of the computer aided drug discovery market in the coming years. Merging artificial intelligence and machine learning with structure-based approaches has emerged as a powerful new tool for drug development. Perhaps the scientific community will have to overcome the challenges posed by algorithms, scoring systems and lack of available data.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
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𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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David Correa
Allied Analytics LLP
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