The quantitative structure-activity relationship (QSAR) market is expected to reach US$ 1,888.5 million by 2027 from US$ 1,388.1 million in 2019; it is estimated to grow at a CAGR of 4.0% from 2020 to 2027.
The market growth is mainly attributed to the increasing adoption rate of modeling tools in drug discovery and rising economic for drug discovery . However, low adoption rate of the technique in emerging countries is hindering the quantitative structure-activity relationship market growth.
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The Prominent/Emerging Players in the Quantitative Structure-Activity Relationship (QSAR) Market Research include:
Intertek Group Plc,
Bibra Toxicology Advice And Consulting Ltd,
Covance Inc. (Labcorp),
Latham Biopharm Group,
Qsar Lab Sp. Z O,
Quantitative Structure-Activity Relationship Market – by Application
Regulatory and Decision-Making
Quantitative Structure-Activity Relationship Market – by Industry
Food and Beverages
Quantitative Structure-Activity Relationship (QSAR) Market Segmented to 2027 – COVID-19 Impact and Global Analysis By Application (Drug Discovery, Molecular Modelling, Chemical Screening, Regulatory and Decision-Making, Other Applications); Industry (Pharmaceuticals, Cosmetics, Environmental, Food and Beverage), and Geography.
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