Quick Summary:
In an ever-changing environment of healthcare technology, understanding the dynamics of the Cloud-Based Drug Discovery Platforms Market is crucial for stakeholders aiming to stay ahead of the curve in their strategic planning. Our exhaustive research report delivers an unparalleled insight into a sector that is projected to expand from $3.7 Billion in 2022 to a staggering $9.7 Billion by 2030.
This report does not just provide the full picture of the market as it stands. It also offers projections for the future, helps track the progress of key segments such as Pharmaceutical and Biotech vendors, and highlights exciting geographical hotspots for growth. Furthermore, with the inclusion of our competitive landscape analysis, decision makers garner an in-depth understanding of the major players operating within the market. Stay ahead of your competition and make informed business decisions with our comprehensive market research report on Cloud-Based Drug Discovery Platforms. Your success story starts here.
Global Cloud-Based Drug Discovery Platforms Market to Reach $9.7 Billion by 2030
The global market for Cloud-Based Drug Discovery Platforms estimated at US$3.7 Billion in the year 2022, is projected to reach a revised size of US$9.7 Billion by 2030, growing at a CAGR of 12.7% over the analysis period 2022-2030. Pharmaceutical Vendors, one of the segments analyzed in the report, is projected to record 13% CAGR and reach US$4.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Biotech Vendors segment is readjusted to a revised 13.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 12% CAGR
The Cloud-Based Drug Discovery Platforms market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.2% and 10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.Select Competitors (Total 41 Featured) -
- Accenture PLC
- Acelot, Inc.
- Cloud Pharmaceuticals, Inc.
- Dassault Systemes
- IBM Corporation
- SAS Institute, Inc.
- Tata Consultancy Services Ltd.
- WuXi AppTec
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Cloud-Based Drug Discovery Platforms?
What is the growth rate of the Global Market for Cloud-Based Drug Discovery Platforms?
What is the forecasted size of the Global Market for Cloud-Based Drug Discovery Platforms?
Who are the key companies in the Global Market for Cloud-Based Drug Discovery Platforms?
Report Attribute | Details |
---|---|
No. of Pages | 194 |
Published | October 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.7 Billion |
Forecasted Market Value ( USD | $ 9.7 Billion |
Compound Annual Growth Rate | 12.8% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Accenture PLC
- Acelot, Inc.
- Cloud Pharmaceuticals, Inc.
- Dassault Systemes
- IBM Corporation
- SAS Institute, Inc.
- Tata Consultancy Services Ltd.
- WuXi AppTec