Molecular modeling, as the name itself suggests, is concerned with molecules, their calculations, and predictions with respect to the research field. Molecular modeling can also be stated as an analysis of the ways to mimic the behavior of molecules and molecular systems. Currently, molecular modeling is invariably associated with computer modeling, where computational biology techniques are involved. These molecular modeling techniques are widely used in the chemical and pharmaceutical industry. Molecular modeling plays a crucial role in drug discovery.
Molecular modeling has developed as a valuable and essential tool in various healthcare applications such as drug designing, drug development, and drug discovery processes. Molecular modeling describes the generation, manipulation, or representation of three-dimensional structures of molecules and associated physicochemical properties. The growth of the global molecular modeling market is attributed to the increasing investments in research and development by pharmaceutical and biotechnology companies, technological advancements in drug design, and increasing prevalence of various chronic diseases which increases the demand for drug development. However, the high cost of research and development is restraining the growth of the market.
Molecular modeling is a powerful technique in drug designing. The development of new drugs with possible therapeutic applications is one of the most difficult processes in the pharmaceutical industry. In drug designing and discovery, both computational and experimental techniques play important roles and represent complementary approaches. However, molecular modeling is safe and easy to use the tool, which helps in investigating, interpreting, explaining, and identifying molecular properties using three-dimensional structures. During drug designing, molecular modeling tries to predict the structure of the intermolecular complex formed between two or more constituent molecules.
Market Segmentation
The global molecular modeling market is segmented based on the basis of product, application, end-user, and region.
Based on pthe roduct, the market is further segmented into software and services.
Based on application, the market is segmented into drug development, drug discovery, and others.
Based on end-user, the market is segmented into pharmaceutical and biotechnological companies, research centres and academic institutions, and others.
The global molecular modelling market was valued at USD 377 million in 2017 and is expected to register a CAGR of 15.46% from 2018 to 2023.
Key Players
Simulations Plus, Inc., Chemical Computing Group, Certara, L.P, OpenEye Scientific Software, Dassault Systèmes, Cambridge Crystallographic Data Centre, Cresset, Acellera Ltd., Schrödinger, LLC, Optibrium, BioSolve-IT, and others
Study objectives
To provide a detailed analysis of the market structure along with a forecast of various segments and sub-segments of the global molecular modelling market.
To provide insights into factors influencing and affecting the market growth.
• To provide historical and forecast revenue of market segments and sub-segments with respect to countries.
• To provide strategic profiling of key players in the market and comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market.
• To provide economic factors that influence the global molecular modelling market.
• To provide a detailed analysis of the value chain and supply chain of the global molecular modelling market.
Key Findings- The global molecular modelling market is expected to reach USD 893.1 million by 2023 at a CAGR of 15.46% from 2018 to 2023.
• Based on product, software accounted for the largest market share of 63.1% in the year 2017 and was valued at USD 237.79 million in the same year.
• Based on application, drug discovery accounted for the largest market share of 58.0% in 2017.
• The Americas holds the largest share of the global molecular modelling market which is expected to reach USD 470.6 million by 2023.
• Asia-Pacific is the fastest growing market, which is expected to register a CAGR of 14.65% from 2018 to 2023.
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Rising extensive research for better healthcare is driving the growth of global molecular diagnostics market in the forecast period, 2022-2026.According to TechSci Research report, “Global Molecular Diagnostics Market By Products and Services (Reagents and Kits, Instruments, Services and Software), By Technology (Polymerase Chain Reaction (PCR), Sequencing, In-situ hybridization, Chips and microarrays, Mass spectrometry, Others), By Application (Infectious disease, Oncology testing, Genetic testing, Blood screening, Others), By End User (Hospitals, Academic & Reference Laboratories, Others), By Region, Competition Forecast & Opportunities, 2026”, the global molecular diagnostics market is projected to reach USD80.45 billion by 2026, owing to increasing geriatric population and rising cases of infectious diseases including COVID-19.Furthermore, geriatric population is more prone to get infected with chronic and target diseases like cancer, lung diseases, Parkinson’s disease, heart diseases, diabetes, and require molecular diagnostics that would drive the market growth in the upcoming five years.
Diseases like cancer, viral infections, neurological diseases including Alzheimer’s and Dementia are very risk prone for the old age patients.
All these factors together with rising COVID-19 cases are anticipated to support the growth of the global molecular diagnostic market in the next five years.
Moreover, rising cases of COVID-19 during 2020 and 2021 have raised the demand for RT-PCR testing which is likely to have a positive influence towards the growth of the market.A collection of techniques that are used to analyze the biological markers in genome and proteome, and to understand the cells expressions as proteins while applying molecular biology to medical testing.
Molecular diagnostics have widespread applications in neurological disorders, neuro degenerative diseases like Alzheimer’s, Parkinson’s, dementia, brain tumors, chronic depression, and more due to early and effective diagnosis.Browse over 138 market data Figures spread through 110 Pages and an in-depth TOC on “Global Molecular Diagnostics Market"https://www.techsciresearch.com/report/molecular-diagnostics-market/7463.htmlThe global molecular diagnostics market is segmented into products and services, technology, application, end user, regional distribution, and competitional landscape.
Procedures like extraction of the genetic material, amplification of the genetic material, and separation of the proteins and other biomolecules require reagents and kits that can aid the research of the respective procedures.
Molecular diagnostics is still in its early stages of growth in this Asian country.
According to Renub Research analysis, China will conduct nearly 441 million molecular diagnostic tests by the end of 2026, with virology being one of the most common test segments.The Effect of Coronavirus on the Molecular Diagnostics IndustryFurthermore, COVID-19 has catalyzed China's diagnostics industry.
The Chinese government is performing a large number of COVID experiments in order to control the spread of disease.
RT-PCR and quick neutralizer tests, also known as serological tests, are two types of tests used to classify the COVID illness.
The procedure is completed by collecting a nasal/throat swab from the patient.
This test involves extracting ribonucleic acid corrosive, or RNA, which is the infection's inherited material.
December 10, 2018: Adroit Market Research launched a study titled, “Global Zeolite Molecular Sieve Market Size 2017 By Application (Detergents, Catalysts, Others), By Region and Forecast 2018 to 2025”.
The global zeolite molecular sieve market report also includes qualitative insights of the market such as drivers, restrains, value chain, regulatory framework and trade statistics.
The global zeolite molecular sieve market is driven majorly by the rising demand from oil and gas industries for the highly efficient zeolite molecular sieve absorbents, in order to curb the environmental ill effects caused by excessive resource usage.
Molecular sieves are alumino silicate solids with uniformly sized and precise forms.
The molecular sieves include Zeolites, porous glass, activated carbon, and clay.
With the development of new commercial zeolites from newly discovered composition and structures, and chemical modifications of present commercial products has resulted in the emergence of new application areas for global molecular sieve industry.
