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The Molecular Modeling Market Size was valued at USD 5.61 billion in 2023 and is expected to reach USD 14.08 billion by 2031 and grow at a CAGR of 12.2% over the forecast period 2024-2031.
Molecular modelling software is used to produce 3D computer models of molecules' structure and nature. This is really useful since it allows them to alter the molecules. They can then comprehend how certain medications would interact with humans. This is significantly more effective and safer than testing drugs on laboratory animals.
When creating new pharmaceuticals and assessing them for potential side effects, molecular modelling software was used. However, due to its utility, it is now being employed in computational chemistry and materials science research and projects.
The increasing prevalence of chronic diseases is expected to fuel the development of increasingly advanced and effective treatments. In such cases, the molecular modelling market is expected to grow over the forecast period.
KEY DRIVERS:
The increased prevalence of several chronic diseases has encouraged the development of novel medications.
Pharmaceutical and biotechnology firms are expanding their R&D expenditures.
RESTRAINTS:
Molecular Modeling Software Is More Expensive
In low and middle-income economies, there is a shortage of skilled healthcare IT professionals.
OPPORTUNITY:
Inclusion of Molecular Modeling Software and Services in Emerging Markets
New generation of potent pharmaceuticals that are more effective than predecessors and can command higher pricing
COVID-19 made its debut in the world in the spring of last year. This virus appeared to be little more than an annoyance at first. However, some people who got it needed to be hospitalised, and only a small fraction of them died as a result of it. Furthermore, because the antibodies were short-lived, persons who recovered from it could contract it again. They may also experience long-term negative effects such as diabetes and partial brain damage.
COVID-19 had to be contained, governments understood. That is why quarantines and lockdowns were instituted. This was somewhat successful. However, the virus had a significant impact on numerous businesses. The global market for molecular modelling was no exception. The molecular modelling market is predicted to increase rapidly in the next years.
The software segment will expand at the fastest CAGR between 2023 and 2030.
The Global Molecular Modeling Market is classified into three applications: drug development, drug discovery, and others. The expanding prevalence of a variety of diseases, as well as the increasing resistance to existing treatment drugs, is increasing the demand for new pharmacological targets. The average cost of developing new pharmaceutical substances, as well as the time required to carry out research technologies, is relatively high. As a result, several pharmaceutical companies are turning to molecular modelling to find novel medications. This factor influences the global molecular modelling market growth of this category.
The global Molecular Modeling market is divided into two product categories: software and services. Many molecular design processes, including as molecular modelling, chemical structure calculations, protein simulations, and other operations in drug design and bioinformatics, are assisted by molecular modelling software. Furthermore, molecular modelling software can be used in a variety of scientific fields, such as computational chemistry and material sciences.
According to WHO data published in 2021, cancer is the second largest cause of death worldwide. It is responsible for 10 million deaths per year. Furthermore, cancer-causing illnesses such as hepatitis and human papillomavirus (HPV) account for more than one-third of cancer incidence in low- and lower-middle-income countries. The increased prevalence of chronic diseases, combined with the additional benefit of drug research in providing lower-cost treatments, is moving the molecular modelling business forward.
With the increased discovery and development of novel pharmaceuticals, the usage of molecular modelling for the suitable research of the drug molecule is increasing. As a result of the increasing use of molecular modelling, a huge number of players are interested in developing a new product. The value chain study of the molecular modelling market includes four primary components, beginning with the software development process and design, moving on to outputs, marketing, and distribution, and concluding with post-sales services.
An outsourcing system is used in the software development process. Outsourcing eliminates all activities associated with software development processes and only produces finished software that is ready for use. Application software and system software platforms are examples of outputs. Application software is typically utilised for both general and particular tasks.
Marketing and distribution for these industries are similar to the entire software industry. The only difference is the end users. The molecular modelling market is entirely focused on the healthcare industry. Because molecular modelling is produced for a specific purpose, post-selling services are essential in the market. Training and certification, as well as maintenance and support, are examples of these services.
In 2021, the North American area dominated the molecular modelling market. Given that the majority of large pharmaceutical and biotech companies are based in the United States or Canada, this is anticipated to continue until at least 2028.
Many prominent corporations have formed strategic alliances. This has enabled them to increase their investment in research and development. The end result has been incredible since it has enabled them to create a new generation of more effective and potent medications. These medications are manufactured in accordance with strict national and international standards.
For the anticipated time period, the Asia-Pacific molecular modelling market is expected to have the greatest CAGR of any region in the world. This is largely due to the rise of contract research organisations (especially in countries like India and Singapore.) Governments around the Asia-Pacific area are likewise becoming significantly wealthier. This has enabled them to invest more in healthcare. They are increasingly funding experiments that employ molecular modelling tools, and the results are astounding. This region's biotech and pharmaceutical industries are capable of developing a new generation of more strong and effective treatments with fewer adverse effects.
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The Major players are BioSolveIT GmbH, OpenEye Scientific Software, Certara, L.P, Cambridge Crystallographic Data Centre, Optibrium, Cresset, Dassault Systèmes, Schrödinger, LLC, Chemical Computing Group, Acellera Ltd. and Other Players.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 5.61 Billion |
| Market Size by 2031 | US$ 14.08 Billion |
| CAGR | CAGR of 12.2% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by End-user (Pharmaceutical & Biotechnology Companies, Research & Academic Centers) • by Product (Software and Services) • by Application (Drug Development, Drug Discovery, and Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | BioSolveIT GmbH, OpenEye Scientific Software, Certara, L.P, Cambridge Crystallographic Data Centre, Optibrium, Cresset, Dassault Systèmes, Schrödinger, LLC, Chemical Computing Group, Acellera Ltd. |
| Key Drivers | • Pharmaceutical and biotechnology firms are expanding their R&D expenditures. |
| RESTRAINTS | • Molecular Modeling Software Is More Expensive • In low and middle-income economies, there is a shortage of skilled healthcare IT professionals. |
Ans: The Molecular Modeling Market Size was valued at USD 5.61 billion in 2023.
Ans: The North American region is dominating the market.
Ans: The major players are BioSolveIT GmbH, OpenEye Scientific Software, Certara, L.P, Cambridge Crystallographic Data Centre, Optibrium, Cresset, Dassault Systèmes, Schrödinger, LLC, Chemical Computing Group, Acellera Ltd., and others in the final report.
Ans: The Molecular Modeling Market is to grow at a CAGR of 12.2% over the forecast period 2024-2031.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Molecular Modelling Market Segmentation, by End-user
8.1 Pharmaceutical & Biotechnology Companies
8.2 Research & Academic Centers
9. Molecular Modelling Market Segmentation, by Product
9.1 Software
9.2 Services
10. Molecular Modelling Market Segmentation, by Application
10.1 Drug Development
10.2 Drug Discovery
10.3 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 BioSolveIT GmbH
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 OpenEye Scientific Software
12.3 Certara, L.P
12.4 Cambridge Crystallographic Data Centre
12.5 Optibrium
12.6 Cresset
12.7 Dassault Systèmes
12.8 Schrödinger, LLC
12.9 Chemical Computing Group
12.10 Acellera Ltd
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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by End-user
Pharmaceutical & Biotechnology Companies
Research & Academic Centers
by Product
Software
Services
by Application
Drug Development
Others
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
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Product Analysis
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Additional countries in any of the regions
Company Information
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