Molecular Modeling - Market Insights, Competitive Landscape, and Market Forecast - 2030

Molecular modeling market by product type (software and services), by end-user (biotech and pharmaceutical industries, research organisations, and others), by geography is estimated to register growth at a remarkable CAGR forecast during 2022-2027 owing to increasing research and drug development activities and rising prevalence of multiple chronic diseases.

The global molecular modeling market is estimated to grow at a CAGR of 14.73% during the forecast period from 2022 to 2027. The molecular modeling market is slated to witness prosperity owing to growing prevalence of chronic diseases such as cancer, cardiovascular, lung, and kidney diseases among others. The rise in number of collaborations and mergers between companies for the discovery of novel drugs is another factor for the growth of molecular modeling market. The growing technological advancements w.r.t. molecular modeling, and growing focus on improving the safety, and affordability of drugs and other medications is further expected to result in the appreciable revenue growth in the molecular modeling market during the forecast period (2022-2027).

MOLECULAR MODELING MARKET DYNAMICS:

The noteworthy drivers of the molecular modeling market includes rising prevalence of chronic diseases, increasing industry collaborations and mergers, and increasing research and development activities for the discovery of novel drug therapeutics among others.

Cancer is a deadly disease with no permanent cure till date and therefore rising prevalence of different cancer types such as breast, lung, cervical, oral, and others turns out to be an important driver for the market growth of molecular modeling market which can help in the discovery of novel drug candidates that are effective in cancer treatment. As per the data cited by the World Health Organization 2022, worldwide around 2.26 million cases of breast, 2.21 million cases of lung, 1.93 million cases colon and rectum, 1.41 million cases of prostate, and 1.09 million cases stomach cancer were reported in 2020.

The increasing prevalence of hard to treat neurological diseases such as Alzheimer's disease (AD), Huntington's disease (HD), Parkinson's disease (PD), and multiple sclerosis (MS) among others will require the discovery of safer and efficient drug molecules for their treatment and management. As per the World Health Organization (WHO) 2022, in present there are around 55 million people suffering from dementia and every year million cases of dementia takes place. The data provided by the WHO 2022, worldwide around 8.5 million people had Parkinson's disease (PD) in 2019 and as per the same source PD lead to 5.8 million disability-adjusted life years.

This indicates the growing need of molecular modeling technologies that assist in the process of drug discovery and development, positively impacting the molecular modeling market.

The increasing number of collaborations and mergers for the discovery and development of novel drug candidates are likely to increase the market growth for molecular marketing. In August 2022, BioDuro-Sundia, leading drug discovery, development and commercial service CRDMO and X-Chem, a DEL technology pioneer in small molecule drug discovery, announced the launch of DNA Encoded Compound Library (DEL) technology services in China to help more innovative pharmaceutical companies quickly discover small molecule drugs.

However, lack of trained and skilled professionals and lack of understanding on disease pathologies may act as a restraint in the market growth for molecular modeling market.

The molecular modeling market reported a short period of restraint in the market growth due to the implementation of lockdown as a necessary step to stop the spread of COVID-19 infection. The various ongoing activities related to drug discovery and development process in different biotech and pharmaceutical industries were hampered for a short period of time during the course of pandemic owing to lockdown impositions and border closures. However, with the resumption of activities across industries, there has been rising demand for molecular modeling owing to risk of emerging and remerging viruses and growing prevalence of other chronic diseases where there is urgent need of novel and effective drug therapeutics. The post COVID scenario is going to be uplifting for the molecular modeling market during the forecast period from 2022-2027.

MOLECULAR MODELING MARKET SEGMENT ANALYSIS:

Molecular Modeling Market by Product Type (Software and Services), Application (Drug Discovery and Drug Development), End-User (Biotech and Pharmaceutical Industries, Research Organizations, and Others), Geography (North America, Europe, Asia-Pacific, and Rest of the World).

Based on the product type segment of molecular modeling the software category is expected to register a significant growth in coming years owing to their applications in drug discovery and development process.

In field of drug discovery and development molecular modeling software turn out to be a powerful tool for getting information on pharmacokinetics and pharmacodynamics properties of drug molecules.

Molecular modeling provides structure activity relationships between the ligand and target molecules, therefore making the process of drug discovery and development comparatively easier and fast.

Molecular modeling software are inexpensive and help in investigating, identifying, explaining and doing interpretations of molecular characteristics using 3D structures.

For example, Maestro is a molecular modeling software by Schrödinger, Inc. that helps in target validation, hit discovery, lead optimization and allows to read molecules in multiple formats, create and edit structures, and generate design ideas to facilitate molecular exploration.

Therefore, considering the advantages and applications associated with molecular modeling and their growing popularity among end users, this product category is expected to generate considerable revenue thereby pushing the overall growth of the global molecular modeling market during the forecast period.

NORTH AMERICA IS EXPECTED TO DOMINATE THE OVERALL MOLECULAR MODELING MARKET:

Among all the regions, North America is expected to lead in revenue generation in the global molecular modeling market. This can be due to the factors including prevalence of chronic diseases, presence of key companies, high-tech facilities, and others.

One of the prominent factors supporting the growth of the North America molecular modeling market is the increasing need of newer drugs owing to the prevalence of cardiovascular diseases. As per the Centers for Disease Control and Prevention (CDC) 2022, around 20.1 million adults suffered from coronary heart disease in the US in 2020.

As per the figures mentioned by the American Cancer Society 2021, it was estimated that 1.9 million new cancer cases have been diagnosed in the United States in the year 2021. Also, according to the data provided by the Centers for Disease Control and Prevention (CDC) 2021, around 1,752,735 new cases of cancer were reported in the US in 2019.

Therefore, along with the presence of large patient pool in the country, the presence of key players including Schrödinger Inc., Simulations Plus, Chemical Computing Group ULC, and others involved in launching new and innovative molecular modeling platforms for the discovery of drug molecules in the region is expected to bolster the growth of the molecular modeling market in the United States during the forecast period.

MOLECULAR MODELING MARKET KEY PLAYERS:

Some of the key market players operating in the molecular modeling market includes Schrödinger, Inc., Cresset, Optibrium, Ltd., BioSolveIT GmbH, Simulations Plus, Chemical Computing Group ULC, Certara, Cadence Molecular Sciences, Wavefunction, Inc., Physiomics Plc, Genedata AG, Rosa & Co. LLC., Acellera, Dassault Systèmes, FQS POLAND SP. Z O.O, Molsoft LLC, GTB Pharmaceutical, Intel Corporation, Nanome Inc, Agile Molecule, and others.

RECENT DEVELOPMENTAL ACTIVITIES IN MOLECULAR MODELING MARKET:

• In July 2022, OpenEye Scientific Software, Inc., a leading provider of computational molecular modeling and simulation software was acquired by Cadence
• In February 2019, RxCelerate, a drug discovery and development company acquires cutting-edge molecular modelling company Prosarix

KEY TAKEAWAYS FROM THE MOLECULAR MODELING MARKET REPORT STUDY

• Market size analysis for current molecular modeling market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the molecular modeling market.
• Top key product/services/technology developments, mergers, acquisitions, partnerships, joint ventures happened for last 3 years
• Key companies dominating the global molecular modeling market.
• Various opportunities available for the other competitor in the molecular modeling market space.
• What are the top performing segments in 2021? How these segments will perform in 2027.
• Which is the top-performing regions and countries in the current molecular modeling market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for molecular modeling market growth in the coming future?

TARGET AUDIENCE WHO CAN BE BENEFITED FROM THIS MOLECULAR MODELING MARKET REPORT STUDY

• Molecular modeling market products providers
• Research organizations and consulting companies
• Molecular modeling market-related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and Traders dealing in walking assist devices
• Various end users who want to know more about the molecular modeling market and latest technological developments in the molecular modeling market.

FREQUENTLY ASKED QUESTIONS FOR MOLECULAR MODELING MARKET:

1. What are the molecular modeling market?

Molecular modeling comprises of the computational techniques and methods designed for the generation, manipulation, and representation of biological molecules and is used as an essential tool in the process of drug discovery and development.

2. What is the market for the global molecular modeling market?

The global molecular modeling market is estimated to grow at a CAGR of 14.73% during the forecast period from 2022 to 2027.

3. What are the drivers for the global molecular modeling market?

The molecular modeling market is slated to witness prosperity owing to factors such as growing prevalence of chronic diseases such as cancer, cardiovascular diseases, and others. The rise in research and development activities for the discovery and development of novel drug therapeutics and the growing focus on developing the safe and affordable drug products are further expected to result in the appreciable revenue growth in the molecular modeling market during the forecast period (2022-2027).

4. Who are the key players operating in the global molecular modeling market?

Some of the key market players operating in the molecular modeling market includes Schrödinger, Inc., Cresset, Optibrium, Ltd., BioSolveIT GmbH, Simulations Plus, Chemical Computing Group ULC, Certara, Cadence Molecular Sciences, Wavefunction, Inc., Physiomics Plc, Genedata AG, Rosa & Co. LLC., Acellera, Dassault Systèmes, FQS POLAND SP. Z O.O, Molsoft LLC, GTB Pharmaceutical, Intel Corporation, Nanome Inc, Agile Molecule, and others

5. Which region has the highest share in the molecular modeling market?

North America is expected to dominate the overall molecular modeling market during the forecast period, 2022 to 2027. This can be ascribed to the presence of large patient pool associated with various chronic diseases such as cancer, and others. The rising healthcare expenditure and local presence of key market players are other factors for positive growth of the molecular modeling in the region.


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