The global structural biology and molecular modeling market are expected to reach USD 21.26 Billion by 2028, at a CAGR of 13.56% from 2021 to 2028. This growth is being driven largely by the increasing demand for personalized medicine, the growing prevalence of drug-resistant diseases, and the rapidly advancing technologies in the field of drug discovery.
Structural biology and molecular modeling are powerful tools used to gain an in-depth understanding of the structure and function of biomolecules. The technologies enable researchers to study the structure and behavior of molecules, proteins, and nucleic acids, thereby facilitating the development of novel therapeutic agents and diagnostics. The technologies are being adopted across a range of industries, including biotechnology, pharmaceuticals, healthcare, and academic research.
The growing prevalence of drug-resistant diseases and the increasing demand for personalized medicine are major factors driving the growth of the Structural Biology and Molecular Modeling Market. Furthermore, the introduction of cutting-edge technologies such as X-ray crystallography, nuclear magnetic resonance spectroscopy, and computer-aided drug design are bolstering the demand for structural biology and molecular modeling technologies.
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The report provides an in-depth analysis of the Structural Biology and Molecular Modeling Market, including market dynamics, segmentation, and competitive landscape. It also provides a detailed regional analysis, including the market size and forecast for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The report also provides an assessment of the key market players, including their product offerings and strategic initiatives. Key players operating in the Structural Biology and Molecular Modeling Market include Thermo Fisher Scientific, Agilent Technologies, GE Healthcare, Merck KGaA, PerkinElmer, Bruker, and Waters.
Brainy Insights has segmented the global Structural Biology and Molecular Modeling market on the basis of the below-mentioned segments:
Global Structural Biology and Molecular Modeling Market by Tools:
- SaaS& standalone modeling
- Homology modeling
- Molecular dynamics
- Ab Initio
- Visualization & analysis
Global Structural Biology and Molecular Modeling Market by Application:
- Drug development
- Drug discovery