© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Drug Discovery Informatics Market trends research and projections for : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  In Europe, demand for these services increased due to upsurge in the therapeutic discovery ventures and activities carried out by universities, research institutes, and other companies. Asia Pacific is forecast to be an attractive regional segment over the next few years. Factors responsible for this growth include drug nanotechnology sector and ongoing research in software. Regional Analysis of Drug Discovery Informatics Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Drug Discovery Informatics Market :  Rising chronic illness such as cardiovascular diseases (CVD), oncology, diabetes mellitus, and other infectious diseases is the major concern for healthcare providers and government organizations worldwide. The U.S. government has taken initiatives in association with President’s Council of Advisors on Science and Technology (PCAST) aimed at improving financial inducements to stimulate modernization in pharmaceutical industry development, which is an important factor for industry revenue. Collaborations between pharmaceutical companies and insilico vendors have resulted in efficient growth of the industry to develop global as well as local products. Shortage of information technology and critical aspects of data evaluation are forecast to hamper global demand in the coming years.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key participants involved are Infosys, Certara, Charles River Laboratories, Boehringer Ingelheim GmbH, Albany Molecular Research, ChemAxon, Selvita, GVK Biosciences, Novo Informatics, DiscoverX, and Jubilant Biosys. Companies are involved in geographical expansion by providing services in untapped regional industries and also collaborate with universities and academic research institutes. In 2016, Boehringer Ingelheim collaborated with Arena Pharmaceuticals for the distribution of novel medications for treatment of schizophrenia. Competitive Market Share of Drug Discovery Informatics Market :

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