The report compiled by Fact.MR expects the global drug discovery services market is to witness robust growth, registering CAGR of 8.9% during 2017-2026. By the end of 2026, the global drug discovery services market is projected to reach US$ 16,800.1 million revenue. Increasing prevalence of chronic diseases and new diseases is driving the drug discovery services. Also, new technologies supporting drug discovery methods and techniques are evolving at a significant phase. Following are insight on how the global drug discovery services market will perform in the near future.
In this drug discovery services market study, the following years are considered to predict the market footprint:
- History Year: 2012 – 2016
- Base Year: 2012
- Estimated Year: 2026
- Forecast Year: 2017 – 2026
The business intelligence study of the drug discovery services market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the drug discovery services market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the drug discovery services market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico)
- Europe (U.K., France)
- APEJ (India, Thailand)
- MEA (South Africa, Israel)
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The key players in the global drug discovery services market report consist of
- Thermo Fisher Scientific, Inc.
- GE Healthcare
- Charles River Laboratories International
- Agilent Technologies, Inc
- Eli Lilly and Company
- Lonza Group Ltd
- WuXi AppTec Co., Ltd.
- Evotec AG
- Pharmaceutical Product Development LLC
- Merck Millipore
- Albany Molecular Research, Inc.
- Covance Inc.
- Genscript Biotech Corporation
- Aurigene Discovery Technologies Limited
- Syngene International Limited
- SRI International, Inc.
- Promega Corporation
- Chembridge Corporation
- GVK Biosciences Private Limited
Each market player encompassed in the drug discovery services market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the drug discovery services market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
On the basis of process, the global drug discovery services market report covers the footprint, and consumption of the segments including
- Target Selection
- Target Validation
- Hit-To-Lead Identification
- Lead Optimization
- Candidate Validation
The global drug discovery services market covers the demand trends of types which includes
- Medicinal Chemistry
- Biology Services
- Drug Metabolism and Pharmacokinetics
What insights readers can gather from the drug discovery services market report?
- A critical study of the drug discovery services market on the basis of process, type, drug type and therapeutic area.
- Learn the behavior pattern of every drug discovery services market player – product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global drug discovery services market landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
The drug discovery services market report answers the following queries:
- Which players hold the significant drug discovery services market share and why?
- What strategies are the drug discovery services market players forming to gain a competitive edge?
- Why region is expected to lead the global drug discovery services market?
- What factors are negatively affecting the drug discovery services market growth?
- What will be the value of the global drug discovery services market by the end of 2026?
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