UK Drug Discovery Informatics Market 2020 Analysis May Set New Growth Story, Forecast to 2026
The UK
drug discovery informatics market is projected to
grow at a significant CAGR during the forecast period (2020-2026). One of the
major factors that [propels the market growth in the country includes
significant growth in R&D investment in the pharmaceutical sector.
According to the Association of the British Pharmaceutical Industry (ABPI), UK
pharmaceutical industry is significantly investing in R&D. The country
invested nearly $6.4 billion in 2017. The rising investment in the
pharmaceutical sector increases the adoption of advanced analytics solutions
for drug discovery as the application of analytics facilitates a
cost-effective, innovative, and streamlined R&D process in the
pharmaceutical industry.
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Some of the major research
institutes working in the area of synthetic biology in the country include the
University of Cambridge, University of Edinburgh, The UK’s national industrial
center for synthetic biology, and so on. The University of Edinburgh has the UK
Centre for Mammalian Synthetic Biology Research. It is working in the field of
whole-cell modeling, cell engineering tool generation, high-throughput
phenotyping, and CAD & assembly of DNA. Whole-cell modeling has an
essential role in drug testing industries, diagnostics, novel therapeutics,
protein-based drugs, and regenerative medicine. Therefore, the significant
trend towards synthetic biology further increases the demand for analytics
tools for drug discovery in the country.
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By Function
·
Docking
·
Molecular Modeling
·
Libraries and Database Preparation
·
Sequencing and Target Data Analysis
·
Others
By End-User
·
Pharmaceutical & Biotechnology Companies
·
Contract Research Organization (CRO)
·
Others (Research Institutes)
Company
Profiles
·
Accenture
PLC
·
Charles
River Laboratories, Inc.
·
Cognizant
Function Solutions Corp.
·
Domainex
·
Dassault
Systèmes SE
·
Eurofins
GSC Lux SARL
·
Evotec
SE
·
Infosys
Ltd.
·
IBM
Corp.
·
Selvita
S.A.
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