Drug Discovery Informatics Market Report 2023: R&D Consistency Drives Sector Growth
According to a recently published Drug Discovery Informatics Market analysis report by Future Market Insights, global sales of the Drug Discovery Informatics Market in 2022 were valued at US$ 2.9 billion. The market is expected to reach a valuation of US$ 12.5 billion by 2033, with a CAGR of 14.4% from 2023 to 2033. Discovery Informatics is forecast to be the most profitable segment, with a CAGR of more than 15% from 2023 to 2033. According to the Drug Discovery Informatics Market research conducted by Future Market Insights, a market research and competitive intelligence provider, the market value of the Drug Discovery Informatics Market increased at a 12.8% CAGR from 2018 to 2022. Precision medicine, which comprises improving the potency of medical care, is supported by Drug Discovery Informatics. It enhances the efficacy of Drug Discovery Informatics for specific patient groups using genetic or molecular profiling. The emergence of cloud-based technologies and new analytics i...