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What will be the size of Computer-Aided Drug Discovery Market in 2020-2026?


There is no deficit of antibiotic drugs in the market and these drugs have customarilybeenused for a much longer time compared to most of the other drugs. However, from time unknown humans have been fighting an unseen war with strange viruses and bacteria which is never going to end.
This, in some way or other, is contributing to the rise of antibiotics drug resistance which leads to the need for new antibiotics. 

The computer-aided drug design (CADD) is amalgamated with wet-lab techniques to clarify the mechanism of drug resistance, to search for new antibiotic targets and to design new and original antibiotics for both existing and new targets. CADD process can produce an atomic level structure-activity relationship (SAR) which is used to facilitate the drug design process thuscurtailingboth time and costs.

Factors impacting the market

It is the significant rise in the availability of information and data related to small molecule and biological macromoleculethat has enhanced the efficiency of computer-aided drug discovery. This extensive resource has been applied to almost every phase in the drug discovery process and manufacturing activities such as validation, lead discovery, detecting targets, and optimization and preclinical tests. In recent years, successive developments have been observed in the computer-aided drug discovery techniques. These techniques includede novo design,molecular similarity calculation, molecular docking,pharmacophore modeling and mapping, and sequence-based virtual screening.

In addition, the increasing healthcare expenditure across the globe is another factor enhancing the growth of the global market of computer-aided drug discovery. Someother factors fueling the market include the rising demand to diminish healthcare expenses, affordable and good-quality drugs, frequent occurrence of several known and unknown diseases, positive results in ongoing clinical experimentations, increasing number of off-patented drugs, and growing claim for brand new medicines for cardiac and oncology disorders. 

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Recent Developments in the Global Market

According to a recent report , the leading players of the global computer-aided drug discovery market are Bayers AG,BioDuro, BOC Sciences,Schrödinger, Aragen Bioscience,Aris Pharmaceuticals, Charles River,Albany Molecular Research Inc. (AMRI), Evotec A.G., and AstraZeneca. 

These market players are adopting several strategies including new technology, new product launches, current technology upgradation, and merger and acquisition to gain highest employee communication software market size. 

Recently, a virtual reality (VR) platform developed by researchers at the University of Bristol has permitted the computational scientists, chemists, and structural biologists to collaboratively design molecules. “It’s bringing human intuition to bear in a new way,” asserts Adrian Mulholland, a professor in the Centre for Computational Chemistry of the University of Bristol.

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