The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s structural biology and molecular modeling techniques market report forecasts the structural biology and molecular modeling techniques market size to grow to $14.34 Billion by 2027, with a CAGR (compound annual growth rate) of almost%.

Learn More On The Structural Biology And Molecular Modeling Techniques Market Report 2023 – https://www.thebusinessresearchcompany.com/report/structural-biology-and-molecular-modeling-techniques-global-market-report

Structural Biology And Molecular Modeling Techniques Market Size Forecast
The global structural biology and molecular modeling techniques market is expected to grow from $6.43 billion in 2022 to $7.67 billion in 2023 at a compound annual growth rate (CAGR) of 19.32%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The structural biology and molecular modelling techniques market size is expected to grow to $14.34 billion in 2027 at a CAGR of 16.94%.

North America held the largest structural biology and molecular modeling techniques market share.

Key Structural Biology And Molecular Modeling Techniques Market Driver ­– Rise In The Prevalence Of Chronic Diseases
For instance, in September 2020, according to a study report issued by American Action Forum, chronic illness frequency and expenses are increasing in the United States. Chronic illness is anticipated to continue increasing as the illness incidence among children and young people increases. Chronic illness is a significant healthcare issue since it costs the US $3.7 trillion annually, or about 19.6% of the GDP, and is rising. Therefore, the rising prevalence of chronic diseases is driving the growth of the structural biology and molecular modeling techniques market.

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Key Structural Biology And Molecular Modeling Techniques Market Trend – Technological Advancement
Major companies operating in the market are developing innovative technologies such as next-generation sequencing-based ctDNA Testing, silico screening of 3-D chemical structures, advanced software, and others to sustain their position in the market. For instance, in March 2022, PerkinElmer Inc., a US-based provider of products, solutions, and services to the applied services, life sciences, and diagnostics markets introduced ChemDraw V21 software that enables quick native import, animation, and sharing of 3D chemical structures in Microsoft PowerPoint. The essential improvement makes it quicker and simpler for chemists to produce more insightful research reports. By using the brand-new ChemDraw V21 software, scientists may easily paste a live 3D rendition of their molecule into the Microsoft PowerPoint program, where they can see, rotate, and share the image with its atom and bond color highlights fully preserved.

Structural Biology And Molecular Modeling Techniques Market Segment
1) By Tools: SaaS And Standalone Modeling, Visualization And Analysis, Databases, Other Tools
2) By Application: Drug Development, Drug Discovery, Other Applications
3) By End-Users: Pharmaceutical, Biotechnological, Academic, Clinical Trial

Structural Biology And Molecular Modeling Techniques Market Major Players and Strategies
Major players in the structural biology and molecular modeling techniques market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Agile Molecule, Bruker, Dassault Systèmes, Illumina, Inc., Chemical Computing Group ULC, Biomax Informatics AG, Affymetrix, Horiba, Charles River Technologies, Adjuvance Technologies, Inc., Novartis AG, QIAGEN and Avanti Polar Lipid.

In September 2022, Cadence Design Systems Inc., a US-based computational software company, acquired OpenEye Scientific Software, Inc. for an undisclosed amount. This acquisition accelerated the Cadence Intelligent System Design strategy by the addition of OpenEye’s technologies and experienced team and extended Cadence’s computational software core competency to molecular modeling targeted to life sciences. OpenEye Scientific Software Inc. is a US-based computational molecular design company.

The Structural Biology And Molecular Modeling Techniques Global Market Report 2023 covers regional data on structural biology and molecular modeling techniques market size, structural biology and molecular modeling techniques market trends and drivers, opportunities, strategies, and structural biology and molecular modeling techniques market competitor analysis. The countries covered in the structural biology and molecular modeling techniques market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Structural biology is the study of the three-dimensional structure of key molecules and macromolecules in biological systems, including sugars, proteins, and nucleic acids. Molecular modeling is the process of creating, visualizing, and modifying the three-dimensional structures of chemical and biological molecules and identifying physicochemical characteristics that can be used to interpret the structural activity relationship (SAR) of the biological molecules.

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