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Asia-Pacific & North America Region is Expected to Witness the Highest CAGR of During the Forecast

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According to a new market intelligence report by BIS Research titled ‘Global In-Silico Drug Discovery Market − Analysis and Forecast, 2018-2029’,

BIS Research Reports: https://bisresearch.com/industry-report/in-silico-drug-discovery-market.html

The Asia-Pacific & North America region is expected to witness the highest CAGR of during the forecast period 2019-2029. The growth in the Asia-Pacific market is expected to be further enhanced by other factors such as an increase in healthcare awareness, a steady economy leading to higher focus on research, widespread adoption of in-silico methods as the standard of care. The growing need to develop novel treatment options for rare diseases such as orphan diseases and, rising biopharmaceutical R&D expenditure in the region, and the rising number of clinical trials are some of the factors responsible for the growth of North America in-silico drug discovery market.

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In-silico drug discovery method has the potential to accelerate scientific research using quick and accurate in-silico testing by using software to identify new potential drugs at a faster and cheaper rate as compared to earlier methods used for drug discovery process.

About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

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