drug Discovery Services Market Latest Insights, Growth Rate, Future Trends and Forecast 2029.


The total drug Discovery Services Market was valued at USD 16.8 Billion in 2021 and is expected to reach USD 53.58 Billion by 2029 at a CAGR of 15.6% during the forecast period.

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Drug Discovery Services Market Overview

The report published by MMR, on Drug Discovery Services Market includes several segments related to generally state-of-the-art business data and industry future with cautious assessment and examination. The report entitled the Drug Discovery Services Market report 2022 by manufacturer, type, application, and region.  The report provides an in-depth analysis, revenue statistics, and other essential data about the global Type 1 Diabetes (T1D)industry, as well as various trends, drivers, limitations, opportunities, and threats that the Market over the forecast period.

Drug Discovery Services Market Scope

The Drug Discovery Services Market report includes, the forecast period is considered from 2022 to 2029, and 2021 is a based year. 2021 Market size in terms of value and volume is estimated on real numbers and outputs of the prominent players across the globe. Past five years Market trends from 2016 are considered while estimating the Market through 2022-2029. The year 2021 is an exception and analyzed specifically with the impact of lockdown by region.

The report also includes a detailed analysis of the Drug Discovery Services industry, as well as Market segmentation by product type, applications, end-use, and region. The report includes an analysis of historical Market dynamics from 2018 to 2021, which assist readers in comparing past trends to current Market scenarios, as well as the contributions of key players.

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Drug Discovery Services Market Segmentation

The segment for medicinal chemistry services had the highest market share by Type in 2021. This market segment is expanding as a result of the expanding use of chemistry in early drug development phases to produce strong candidates. The forecasted rise of the medicinal chemistry segment is being driven by the expanding trend of pharmaceutical firms outsourcing R&D services, as well as the rising number of drug discovery and development activities and R&D expenditures.

In 2021, the respiratory systems sector represented roughly 16.8% of worldwide revenue by therapeutic area. Growth in this market has been fueled by the high prevalence of respiratory diseases like bronchitis, TB, chronic obstructive pulmonary disease (COPD), and asthma as well as increasing drug resistance.Furthermore, it has been noted that the main factor driving segment revenue is the creation of novel drug delivery methods, such as nasal sprays. Over 6 million inpatient bed days and about 700,000 hospital stays in the UK are attributed to lung diseases annually.

by Process

• Target Selection
• Target Validation
• Hit-to-Lead identification
• Lead Optimization
• Candidate Validation

by Type

• Medicinal Chemistry
• Biology Services
• Drug Metabolism and Pharmacokinetics

by Therapeutic Area

• Oncology
• Neurology
• Cardiovascular Diseases
• Respiratory Diseases
• Diabetes and Other Therapeutic Areas

by End-User

• Pharmaceutical & Biotechnology companies
• Academic Institutes
• Other End Users (small CROs, IVD companies, and clinical laboratories)

Drug Discovery Services Market Key Players

• Thermo Fisher Scientific (US)
• Merck (US)
• GE Healthcare (US)
• Pharmaceutical Product Development, LLC. (Ppd) (US)
• Covance (US)
• Genscript Biotech Corporation (US)
• Laboratory Corporation of America Holdings (US)
• SRI International (US)
• BioDuro (US)
• Cullgen (US)
• Nanosyn (US)
• Radyus Research (US)
• Visikol Inc (US)
• Aurobindo Pharma (India)
• Dr. Reddy's Laboratories (India)
• Jubilant Biosys Ltd. (India)
• Lupin Pharmaceuticals (India)
• Sun Pharmaceutical Industries Ltd. (India)
• Serum Institute of India Pvt. Ltd. (India)
• Syngene International Limited (India)
• Piramal Enterprises Ltd (India)
• Eurofins Advinus Limited (India)
• Dalton Pharma Services (Canada)

Regional Analysis

The Drug Discovery Services Market Report gives an in-depth understanding and knowledge of the Drug Discovery Services Market trends, dynamics, and other issues in the market. The report on Drug Discovery Services Market includes the most significant developments that have an impact on the industry. It assists in identifying the information included in the report, as well as assessing the competitive landscape of important firms, Drug Discovery Services Market dynamics, and other things that help to determine current marketing plans.

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Table Of Content :

1. Global Drug Discovery Services Market: Research Methodology

2. Global Drug Discovery Services Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to the Global Drug Discovery Services Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry

3. Global Drug Discovery Services Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact

4. Global Drug Discovery Services Market Segmentation
4.1 Global Drug Discovery Services Market, by Process (2021-2029)
• Target Selection
• Target Validation
• Hit-to-Lead identification
• Lead Optimization
• Candidate Validation
4.2 Global Drug Discovery Services Market, by Type (2021-2029)
• Medicinal Chemistry
• Biology Services
• Drug Metabolism and Pharmacokinetics
4.3 Global Drug Discovery Services Market, by Therapeutic Area (2021-2029)
• Oncology
• Neurology
• Cardiovascular Diseases
• Respiratory Diseases
• Diabetes and Other Therapeutic Areas
4.4 Global Drug Discovery Services Market, by End-user (2021-2029)
• Pharmaceutical & Biotechnology companies
• Academic Institutes
• Other End Users (small CROs, IVD companies, and clinical laboratories)

5. North America Drug Discovery Services Market(2021-2029)
5.1 North America Drug Discovery Services Market, by Process (2021-2029)
• Target Selection
• Target Validation
• Hit-to-Lead identification
• Lead Optimization
• Candidate Validation
5.2 North America Drug Discovery Services Market, by Type (2021-2029)
• Medicinal Chemistry
• Biology Services
• Drug Metabolism and Pharmacokinetics
5.3 North America Drug Discovery Services Market, by Therapeutic Area (2021-2029)
• Oncology
• Neurology
• Cardiovascular Diseases
• Respiratory Diseases
• Diabetes and Other Therapeutic Areas
5.4 North America Drug Discovery Services Market, by End-user (2021-2029)
• Pharmaceutical & Biotechnology companies
• Academic Institutes
• Other End Users (small CROs, IVD companies, and clinical laboratories)
5.5 North America Drug Discovery Services Market, by Country (2021-2029)
• United States
• Canada
• Mexico

Key Questions answered in the Drug Discovery Services Market Report are:

  • What is Drug Discovery Services Market?
  • What is the forecast period of the Drug Discovery Services Market?
  • What is the competitive scenario of the Drug Discovery Services Market?
  • Which region held the largest Market share in the Drug Discovery Services Market?
  • What are the opportunities for the Drug Discovery Services Market?
  • What factors are affecting the Drug Discovery Services Market growth?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Light Therapy
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted Market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

 

 

 

 

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Published in

Health , News

Published on

Mar 12, 2023

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