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 As per The Business Research Company’s Structural Biology And Molecular Modeling Techniques Global Market Report 2023, 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 structural biology and molecular modelling techniques market size is expected to grow to $14.34 billion in 2027 at a CAGR of 16.94%.

What was the major driver in the structural biology and molecular modeling techniques market?
The increasing frequency of chronic diseases is likely to drive the market for structural biology and molecular modelling methodologies. Chronic disease typically lasts three months or longer and may deteriorate over time. Cancer, heart disease, stroke, diabetes, and arthritis are the most common chronic diseases. Structure-guided techniques have proved that they contribute to many elements of early drug discovery, both computationally and empirically, and are being used to examine the origins of illness. The structure can help researchers better understand the consequences of human genetic disease mutations, as well as the effects of cancer and infectious disease treatment resistance. According to a study report released by the American Action Forum in September 2020, chronic illness frequency and costs are increasing in the United States. Chronic illness is expected to rise further as the sickness rate among children and adolescents rises. Chronic illness is a significant healthcare concern since it costs the United States $3.7 trillion per year, or nearly 19.6% of GDP, and is on the rise. As a result, the increased prevalence of chronic diseases is propelling the market for structural biology and molecular modelling methodologies.

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What was the key trend in the structural biology and molecular modeling techniques market?
Technological developments are the most prevalent trend in the market for structural biology and molecular modelling methodologies. To maintain their market position, major players are developing innovative technologies such as next-generation sequencing-based ctDNA testing, silico screening of 3-D chemical structures, enhanced software, and others. PerkinElmer Inc., a US-based provider of products, solutions, and services to the applied services, life sciences, and diagnostics markets, for example, introduced ChemDraw V21 software in March 2022, which enables quick native import, animation, and sharing of 3D chemical structures in Microsoft PowerPoint. The critical enhancement allows chemists to produce more insightful research reports faster and more easily. Scientists may quickly paste a live 3D reproduction of their molecule into the Microsoft PowerPoint programme, where they can observe, rotate, and share the image with its atom and bond colour highlights fully intact, using the brand-new ChemDraw V21 software.

Which was the largest region in the structural biology and molecular modeling techniques market?
North America was the largest region in the structural biology and molecular modelling techniques market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the structural biology and molecular modeling techniques market prominent players?
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.

Key structural biology and molecular modeling techniques market segments
The global structural biology and molecular modeling techniques market is segmented –

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

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The Structural Biology And Molecular Modeling Techniques Global Market Report 2023  provides a comprehensive overview on the structural biology and molecular modeling techniques market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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