Expanding Role of Computer-Aided Drug Discovery in Accelerating Drug Development: Trends Opportunities in CADD Market

PORTLAND, OREGON, UNITED STATES, March 8, 2023 /EINPresswire.com/ -- Computer-Aided Drug Discovery (CADD) is the use of computational tools and methods to help scientists discover new drugs or optimize existing ones.

CADD involves a range of techniques such as molecular docking, molecular dynamics simulations, and machine learning algorithms, to identify molecules that can interact with disease-causing proteins or enzymes in the body.

Using CADD, scientists can save time and money by narrowing down the number of molecules they need to test in the lab, reducing the cost and time of the drug discovery process. Additionally, CADD can help identify potential side effects or toxicity of a drug before it is tested in animals or humans.

Overall, CADD plays a critical role in accelerating the drug discovery process and improving the efficiency of drug development.

𝐂𝐨𝐦𝐩𝐮𝐭𝐞𝐫-𝐀𝐢𝐝𝐞𝐝 𝐃𝐫𝐮𝐠 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝟐𝟎𝟑𝟎 -

According to the report published by Allied Market Research, the global computer-aided drug discovery market was estimated at $2.9 billion in 2021 and is expected to hit $7.5 billion by 2030, registering a CAGR of 11.48% from 2022 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟏𝟖𝟎 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬): https://www.alliedmarketresearch.com/request-sample/17201

𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨-

Despite the fact that the Covid-19 pandemic had a devastating effect on several industries, the computer-aided drug discovery market was driven positively throughout the global health crisis.

Increased R&D activities among scientists, researchers, biotechnological and biopharmaceutical companies to limit the spread disease impacted the market positively.

Rise in cases of chronic and unknown diseases and rapid drug development drive the growth of the global computer-aided drug discovery market. On the other hand, shortage of skilled labor to operate computer-aided drug discovery solutions impedes the growth to some extent. However, several growth prospects in the developed and developing economies have been beneficial for the market growth.

𝐀𝐬𝐤 𝐎𝐮𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐄𝐱𝐩𝐞𝐫𝐭: https://www.alliedmarketresearch.com/request-for-customization/17201?reqfor=covid

According to a new report published by Allied Market Research, titled, "Global Computer-aided Drug Discovery Market by Type, Therapeutic Area, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2022-2030," the global computer-aided drug discovery market size was valued at $2,940.9 million in 2021, and 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.

𝐓𝐡𝐞 𝐭𝐨𝐩 𝐢𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐨𝐧 𝐂𝐨𝐦𝐩𝐮𝐭𝐞𝐫-𝐀𝐢𝐝𝐞𝐝 𝐃𝐫𝐮𝐠 𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫𝐲:

Availability of High-Performance Computing: The availability of high-performance computing (HPC) systems has significantly impacted CADD. HPC systems can perform complex simulations and calculations required for drug discovery more efficiently, allowing scientists to process vast amounts of data in a shorter time.

Advances in Artificial Intelligence and Machine Learning: AI and machine learning have revolutionized CADD by enabling the development of predictive models and algorithms that can help identify promising drug candidates, optimize drug design, and predict potential side effects.

Availability of Large-Scale Databases: The availability of large-scale databases, such as the Protein Data Bank and DrugBank, has provided researchers with access to a vast amount of information on molecular structures, biological pathways, and drug targets, which they can use to develop new drugs.

Development of New Computational Methods: The development of new computational methods and algorithms, such as molecular docking, molecular dynamics simulations, and QSAR, has helped scientists to better understand the behavior of molecules and predict their interactions with biological targets.

Collaborative Research and Open-Source Tools: The collaborative nature of CADD research and the availability of open-source tools have facilitated knowledge-sharing and collaboration between scientists worldwide, leading to more efficient drug discovery processes and better drug design.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The market across North America dominated in 2021, garnering more than one-third of the global computer-aided drug discovery market. The Asia-Pacific region, simultaneously, is anticipated to cite the fastest CAGR of 12.84% throughout the forecast period. Increasing number of biotechnology companies and R&D expenditure is the major factor are the major factors driving the market growth.

𝐊𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲-

Schrödinger, Inc.
Bayer AG
Aragen Life Sciences Pvt. Ltd.
Aris Pharmaceuticals, Inc.
AstraZeneca
Albany Molecular Research Inc. (AMRI)
Bioduro-Sundia
Charles River Laboratories

North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest Of LAMEA)

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

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David Correa
Allied Analytics LLP
+1-800-792-5285
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