The global molecular dynamics simulation software market is segmented and analyzed for demand and supply by end user into pharmaceutical labs, research institutes, academic users, and others. Out of which, the pharmaceutical labs segment is anticipated to grow at a largest CAGR of 10.65% over the forecast period, backed by growing demand for MD stimulation software in the pharmaceutical industry. Further, a sizable number of people have been diagnosed with chronic long-term diseases such as diabetes, Alzheimer's, and cancer all over the globe. For instance, according to the World Health Organization, a total of 422 million people worldwide have diabetes, the majority of whom reside in low- and middle-income nations. Diabetes is directly responsible for 1.5 million fatalities annually. As a result, there is now a greater need for drug research efforts. Further, this growth in drug research is higher in pharmaceutical labs since the investment made on R&D by pharmaceutical companies are higher.
The global molecular dynamics simulation software market is also segmented and analyzed for demand and supply by application into chemical research, medical research, material science research, and biophysics research. Amongst these segments, the medical research segment is anticipated to generate the largest revenue by the end of 2037. The growth of the segment can be attributed to rising use of MD simulation for medical research. In the field of biomedicine, molecular dynamics (MD) simulation has been extensively utilized to explore the conformational shift of proteins brought on by mutation or ligand binding/unbinding. Further, it offers several viewpoints that are challenging to discover in conventional biochemical or pathological research, such as specific impacts of mutations on the atomic level of protein structure and protein-protein/ligand interaction. Additionally, extensive molecular dynamics (MD) is becoming more and more accessible, and it is expected to have an effect on quick drug discovery initiatives. Hence owing to this the use of MD simulation in medical research is growing. However, material science research segment is anticipated to grow at a highest CAGR of 11.30% over the forecast period.
Our in-depth analysis of the global molecular dynamics simulation software market includes the following segments:
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Author Credits: Abhishek Verma
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