Computational Medicine and Drug Discovery Software Market: dominated by the US owing to high investm
, 25 May 2016 -- According to recent report by IndustryARC, the computational medicine and drug discovery market is poised to grow at a CAGR of 5.1% to reach $6.78 Billion by 2020. Bioinformatics has made it possible to integrate and analyse large datasets in developing better treatment for chronic diseases such as Cancer. Predictive Analysis of Drug Targets and Disease Modelling will be the fastest growing applications.
The Computational Medicine and Drug Discovery Software Market deals with the software system, database and other systems that are used to research on different drugs using pharmaceutical chemistry, computational chemistry and medical situations and the scope of the market in the upcoming period. Using this technology the records of a particular person and his medical condition can be studied intensively.
In the Computational Medicine and Drug Discovery Software Market, North America is the prominent region with high investments made in research & development in these computational devices that can be helpful to see patterns and links in different diseases that affect the human population. The U.S. is the most dominant country in this market.
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Europe region closely follows America in Computational Medicine and Drug Discovery Software Market with ample amount of investments and researches taking place. With countries like Germany, France, Switzerland and the UK, there is a high level of contribution in research and development in the region. APAC region has good scope of growth in this market particularly by Japan.
The custom made medicines for a particular human and the software to discovery an effective drug are the driving factors of the Computational Medicine and Drug Discovery Software Market.
The Computational Medicine and Drug Discovery Software Market is classified into various categories by tools, by application and by region in the market research studies report by IndustryARC for detailed analysis of the market.
By tools: Database, Software and others
By application: Computational Physiological Medicine, Drug Discovery and Development, Medical Imaging, Disease Modeling, Predictive Analysis of Drug Targets, Cellular Simulation and Simulation Software
By region: America (North & South), Europe, APAC and ROW
Table of contents and insights:
The prominent players profiled in the Computational Medicine and Drug Discovery Software Market research report by IndustryARC are:
• Schrodinger LLC
• Compugen Ltd.
• Chemical Computing Group Inc.
• Genedata AG
• Nimbus Therapeutics Inc.
The Computational Medicine and Drug Discovery Software Market has healthy scope in upcoming years for the advancement of medical industry by leaps and bounds. The computation medicine and drug discovery software will be helpful in many upcoming case studies related to human body functions and diseases.
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Submitted by Lifesciences and Healthcare-IndustryARC, IndustryARC on Wednesday, 25 May 2016 at 5:25 AM
Category: Health Care & Medical
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