QUANTUM-ENHANCED DRUG DISCOVERY MARKET 

INTRODUCTION

Many sectors, including drug discovery, stand to benefit from advances in quantum computing. The practise of "quantum-enhanced drug discovery," which uses quantum processing to speed up the drug discovery process, has gained popularity in recent years.

The ability to correctly anticipate the behaviour of molecules in complex biological systems is one of the major challenges in drug discovery.

Utilizing traditional computing techniques can be time-consuming and expensive for this computationally demanding job. However, quantum computers have the potential to resolve these issues more quickly, enabling researchers to simulate intricate chemical interactions and more precisely anticipate the behaviour of molecules.

Numerous facets of drug discovery, including virtual screening, molecular docking, and structure-based drug design, have been addressed by quantum computing methods.

These algorithms make it possible to simulate molecular behaviour in a manner that is not possible with traditional computing techniques.

For instance, the behaviour of big molecules and macromolecular complexes can be effectively simulated by quantum computers, which can be crucial for understanding the interactions between drugs and their targets.

The optimisation of chemical reactions is another possible use for quantum computing in the search for new drugs.

The most effective methods to create a desired molecule can be found by exploring the vast universe of potential chemical reactions using quantum computers. This might shorten the process and lower the price of making novel medications.

In general, quantum-enhanced drug discovery holds the promise of greatly accelerating drug discovery and enhancing the precision of drug design.

QUANTUM-ENHANCED DRUG DISCOVERY MARKET SIZE AND FORECAST

Global Quantum-enhanced drug discovery market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

QUANTUM-ENHANCED DRUG DISCOVERY MARKET NEW PRODUCT LAUNCH

For its multidisciplinary drug discovery platform that uses quantum computer-based AI, Insilico Medicine has gotten funding. Bayer and Google Cloud are working together to scale and accelerate quantum chemistry computations in order to find new drug candidates.

The Discovery Accelerator center, the first quantum computer in the world devoted to medical research, was created by IBM and Cleveland Clinic. The centre's primary goal is to accelerate study in the fields of healthcare and life sciences using IBM's high-performance computing, hybrid cloud, and AI technologies.

According to a McKinsey report, quantum computing has the ability to significantly enhance drug discovery and development.Curavit recently received additional funding for the expansion of its virtual clinical trial capabilities, which use quantum computer-based AI for drug discovery.

According to Pharma's Almanac, quantum computing has the ability to revolutionise drug discovery and innovation.

QUANTUM-ENHANCED DRUG DISCOVERY MARKET COMPANY PROFILES

• HQS Quantum Simulations
• Entropica Labs
• SeeQC
• Rahko
• Atomwise
• Cambridge Quantum Computing
• 1QBit
• Zapata Computing

THIS QUANTUM-ENHANCED DRUG DISCOVERY MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Quantum-enhanced drug discovery are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Quantum-enhanced drug discovery and key vendor selection criteria
3. Where is the Quantum-enhanced drug discovery manufactured? What is the average margin per unit?
4. Market share of Global Quantum-enhanced drug discovery market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Quantum-enhanced drug discovery in-house
6. key predictions for next 5 years in Global Quantum-enhanced drug discovery market
7. Average B-2-B Quantum-enhanced drug discovery market price in all segments
8. Latest trends in Quantum-enhanced drug discovery market, by every market segment
9. The market size (both volume and value) of the Quantum-enhanced drug discovery market in 2024-2030 and every year in between?
10. Production breakup of Quantum-enhanced drug discovery market, by suppliers and their OEM relationship