Europe Drug Discovery Informatics Market Size & Outlook
Europe drug discovery informatics market, 2018-2030 (US$M)
Europe drug discovery informatics market highlights
- The Europe drug discovery informatics market generated a revenue of USD 779.4 million in 2023.
- The market is expected to grow at a CAGR of 11% from 2024 to 2030.
- In terms of segment, discovery informatics was the largest revenue generating work-flow in 2023.
- Discovery Informatics is the most lucrative work-flow segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 779.4 million |
| Market revenue in 2030 | USD 1,620.7 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Discovery informatics |
| Fastest growing segment | Discovery Informatics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Discovery Informatics |
| Key market players worldwide | Certara Inc Ordinary Shares, Boehringer Ingelheim, Infosys Ltd ADR, Charles River Laboratories International Inc, Eli Lilly and Co, Novo Nordisk A/S ADR, Oracle Corp, Accenture PLC Class A, Agilent Technologies Inc, Illumina Inc, Eurofins Scientific SE, Jubilant Biosys, Selvita, ChemAxon, Albany Molecular Research |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.9% of the global drug discovery informatics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,636.5 million by 2030.
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Drug Discovery Informatics Market Scope
Drug Discovery Informatics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe drug discovery informatics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to drug discovery informatics market will help companies and investors design strategic landscapes.
Discovery informatics was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe drug discovery informatics market based on discovery informatics covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is second only to North America in drug discovery informatics market share. With the presence of international collaborations between European universities and informatics solution providers, the European informatics marketplace is also expected to grow at a significant rate throughout the forecast period.
Oganizations such as European Federation for Medical Informatics (EFMI) are supportive for driving growth in the market by enabling data management through informatics-based platforms.
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Target buyers of Europe drug discovery informatics market databook
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Our clientele includes a mix of drug discovery informatics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe drug discovery informatics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe drug discovery informatics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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