Home Pharmaceuticals In-Silico Drug Discovery Market Size, Share, Growth, Report to 2030

In-Silico Drug Discovery Market

In-Silico Drug Discovery Market Size, Share & Trends Analysis Report Based on Product (Software, Software-as-a-Service, Consultancy-as-a-Service), Based on Workflow (Discovery, Pre-Clinical Tests, Clinical Tests), Based on Technology (Artificial Intelligence), Based on Target Therapeutic Area (HIV, Infectious diseases, Metabolic disorders, Mental disorders, Musculoskeletal disorders, Neurological disorders, Oncological disorders, Respiratory disorders, Skin disorders, Urogenital disorders, Autoimmune disorders, Blood disorders, Cardiovascular disorders, Gastrointestinal and digestive disorders, hormonal disorders, and others.), Based on End-User (Pharmaceutical and Biopharmaceutical Companies, Contract Research Organizations, Academic and Research Institutes) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Report Code: SRPH1988DR
Study Period 2018-2030 CAGR 10.45%
Historical Period 2018-2020 Forecast Period 2022-2030
Base Year 2021 Base Year Market Size USD 2.38 Billion
Forecast Year 2030 Forecast Year Market Size USD 5.86 Billion
Largest Market North America Fastest Growing Market Asia Pacific
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Market Overview

The global in-silico drug discovery market size was valued at USD 2.38 billion in 2021 and is projected to reach USD 5.86 billion by 2030 at a CAGR of 10.45% from 2022 to 2030.

In silico, also known as computer-aided drug design, is a method in which a drug is designed or discovered using computational techniques. New drug molecules that can bind to a specific target are identified through the drug discovery process. This technique for identifying drugs is based on computation, and the entire procedure is regarded as linear and sequential. Several factors make the in-silico drug discovery method more effective and prudent than earlier drug discovery methods employed in the drug development process. In-silico drug design can play a vital role in all phases of drug development, from the initial lead design to the final clinical stage.

Market Dynamics

Market Drivers For The In-Silico Drug Discovery Market

  • Cloud-Based Applications Drive The Market

The in-silico drug discovery industry is driven by the increasing use of cloud applications. Cloud computing provides access to virtually limitless computational resources, enabling pharmaceutical researchers to scale their computing environment as necessary. Organizations can more easily tailor solutions to their unique needs. BT's Cloud Compute life sciences platform, for instance, can provide specific pharmaceutical applications across the value chain, from discovery to commercial operations, ensuring that the required applications work across pipelines, as opposed to forcing all pipeline teams to use the same application.

These applications increase overall productivity and reduce the likelihood of clinical failure by enabling drug developers to analyze historical data as part of their respective clinical research activities.

  • Artificial Intelligence - The Most Accepted Technology

In 2021, artificial intelligence held the largest market share, exceeding 40%. As the rate of data digitization in the healthcare industry increases, AI is being utilized to address challenges such as acquiring, analysing, and applying knowledge to solve complex clinical problems. AI imitates human intelligence and is able to differentiate between hit-and-lead compounds, allowing for faster validation of therapeutic targets and structural design optimization. Consequently, it is utilized effectively in various phases of drug discovery, such as drug design, chemical synthesis, drug screening, polypharmacology, and drug repurposing.

  • Technological Advancements Drive The Market

Rapid technological advancements in the field of computational biology are also propelling the global in-silico drug discovery industry. The development of new pharmaceutical molecules has been aided by computational methods. The data processing and analysis phases of sequencing have been further simplified by advances in computational biology, resulting in a reduction in turnaround time and an increase in precision.

Industry-wide demand for more integrated storage and computational node utilisation strategies has resulted from these advancements. This integration is anticipated to reduce data transfer costs and eliminate bottlenecks in downstream analysis and communication within the computational analytics community. Virtual screening is a common computational technique for identifying hits in the earliest phases of drug development.

Restraints For The Global In-Silico Drug Discovery Market

  • Too Short Time To Analyse

The one and only restraint of the In-Silico Drug Discovery market is its limited time period. This method is computationally intensive and dependent on the size of the stimulated systems, with analysis times ranging from tens to hundreds of nanoseconds. The issue with this is that the time period, which can range from milliseconds to seconds, is frequently too short to determine protein folding. Consequently, this can result in an insufficient sampling of protein conformations.

Opportunities For The Global In-Silico Drug Discovery Market

  • Software-As-A-Service Adoption Is Predicted To Grow

In the in-silico drug discovery market, SaaS is expected to experience the highest CAGR, around 11%, over the forecast period. This will be primarily due to the fact that these solutions aid users in data mining, data analysis, and decision making by providing decentralization, real-world data management, and numerous other features. In addition, these solutions aid in reducing the total cost and duration of the drug discovery procedure. In addition, they are increasingly utilised in the drug discovery process for virtual screening and target fishing.

Regional Analysis

The global market for in-silico drug discovery can be segmented by region into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. During the forecast period, it is anticipated that North America will dominate the global in-silico drug discovery market. During the forecast period, the in-silico drug discovery market in the region is anticipated to be driven by technological advancements, the presence of strong vendors, a large patient population suffering from various chronic and infectious diseases, such as COVID-19 and chronic kidney disease, and a growing government emphasis on improving healthcare infrastructure.

Report Scope

Report Metric Details
Based on Product
  1. Software
  2. Software-as-a-Service
  3. Consultancy-as-a-Service
Based on Workflow
  1. Discovery
  2. Pre-Clinical Tests
  3. Clinical Tests
Based on Technology
  1. Artificial Intelligence
Based on Target Therapeutic Area
  1. HIV
  2. Infectious diseases
  3. Metabolic disorders
  4. Mental disorders
  5. Musculoskeletal disorders
  6. Neurological disorders
  7. Oncological disorders
  8. Respiratory disorders
  9. Skin disorders
  10. Urogenital disorders
  11. Autoimmune disorders
  12. Blood disorders
  13. Cardiovascular disorders
  14. Gastrointestinal and digestive disorders, hormonal disorders, and others.
Based on End-User
  1. Pharmaceutical and Biopharmaceutical Companies
  2. Contract Research Organizations
  3. Academic and Research Institutes
Company Profiles Albany Molecular Research Inc. Certara Charles River Laboratories Chemical Computing Group ULC GenScript LakePharma Inc. Sygnature Discovery Abzena Ltd. BioNTech SE Creative Biostructure
Geographies Covered
North America U.S. Canada
Europe U.K. Germany France Spain Italy Russia Nordic Benelux Rest of Europe
APAC China Korea Japan India Australia Taiwan South East Asia Rest of Asia-Pacific
Middle East and Africa UAE Turkey Saudi Arabia South Africa Egypt Nigeria Rest of MEA
LATAM Brazil Mexico Argentina Chile Colombia Rest of LATAM
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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Segmental Analysis

The global In-Silico Drug Discovery market can be segmented on the basis of product, technology, workflow, end-users and geographical regions. Artificial Intelligence is the most dominant technology in the market and Software-as-a-service is the most dominant product type of the In-Silico Drug Discovery market.

Based on the target therapeutic area, the in-silico drug discovery market is divided into HIV, infectious diseases, metabolic disorders, mental disorders, musculoskeletal disorders, neurological disorders, oncological disorders, respiratory disorders, skin disorders, urogenital disorders, autoimmune disorders, blood disorders, cardiovascular disorders, gastrointestinal and digestive disorders, hormonal disorders, and others.

Market Size Based on Product

Market Size Based on Product
  • Software
  • Software-as-a-Service
  • Consultancy-as-a-Service
  • Recent Developments

    • Insilico Medicine and the University of Zurich collaborated in March 2022 to use Insilico's generative AI technology to discover new cystinosis treatments.
    • Insilico Medicine partnered with the Chinese healthcare company Fosun Pharma in January 2022. Fosun Pharma's clinical development and commercial experience will be combined with Insilico's AI-driven, end-to-end drug discovery platforms to create a new therapeutic portfolio.

    Key Players

    In-Silico Drug Discovery Market Share of Key Players

    In-Silico Drug Discovery Market Share of Key Players
    Albany Molecular Research Inc. Certara Charles River Laboratories Chemical Computing Group ULC GenScript LakePharma Inc. Sygnature Discovery Abzena Ltd. BioNTech SE Creative Biostructure Others

    Frequently Asked Questions (FAQs)

    What is the growth rate for the In-Silico Drug Discovery Market?
    In-Silico Drug Discovery Market size will grow at approx. CAGR of 10.45% during the forecast period.
    Some of the top industry players in In-Silico Drug Discovery Market are, Albany Molecular Research Inc., Certara, Charles River Laboratories, Chemical Computing Group ULC, GenScript, LakePharma Inc., Sygnature Discovery, Abzena Ltd., BioNTech SE, Creative Biostructure, etc.
    North America has held a dominant position in the In-Silico Drug Discovery Market, with the largest market share.
    The Asia Pacific region has experienced the highest growth rate in the In-Silico Drug Discovery Market.
    The global In-Silico Drug Discovery Market report is segmented as follows: Based on Product, Based on Workflow, Based on Technology, Based on Target Therapeutic Area, Based on End-User

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