Drug Discovery Services Market was valued at USD 22.45 Billion in 2023 and is expected to reach USD 61.93 Billion by 2030 at a CAGR of 15.6% during the forecast period.
Drug Discovery Services Market Overview:
Maximize Market Research presents an insightful report on the global Drug Discovery Services market, offering a comprehensive analysis of emerging market trends and pivotal growth factors. The report is tailored to assist market participants in identifying lucrative opportunities within the Drug Discovery Services market landscape. It encompasses a detailed examination of market dynamics, including market size analysis spanning from forecast period, the base year and projections extending to Forecast. With a focus on product types, application areas, and geographical segments, the report provides an in-depth understanding of the Drug Discovery Services industry.
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Drug Discovery Services Market Report Scope:
The research provides a thorough assessment of the Drug Discovery Services market’s size in terms of both value and volume, along with an analysis of major drivers, restraints, and opportunities influencing market growth. Utilizing Porter’s five forces analysis, the study delves into the key factors fueling the expansion of the Drug Discovery Services market. Furthermore, the report profiles prominent market participants, highlighting their product offerings and strategic initiatives.
Drug Discovery Services Market Segmentation:
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)
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Drug Discovery Services Market Key Players:
1. Thermo Fisher Scientific (US)
2. Merck (US)
3. GE Healthcare (US)
4. Pharmaceutical Product Development, LLC. (Ppd) (US)
5. Covance (US)
6. Genscript Biotech Corporation (US)
7. Laboratory Corporation of America Holdings (US)
8. SRI International (US)
9. BioDuro (US)
10. Cullgen (US)
11. Nanosyn (US)
12. Radyus Research (US)
13. Visikol Inc (US)
14. Aurobindo Pharma (India)
15. Dr. Reddy’s Laboratories (India)
16. Jubilant Biosys Ltd. (India)
17. Lupin Pharmaceuticals (India)
18. Sun Pharmaceutical Industries Ltd. (India)
19. Serum Institute of India Pvt. Ltd. (India)
20. Syngene International Limited (India)
21. Piramal Enterprises Ltd (India)
22. Eurofins Advinus Limited (India)
23. Dalton Pharma Services (Canada)
24. Domainex (UK)
25. Selcia Limited (UK)
26. Selvita S.A. (Poland)
27. Wuxi Apptec (China)
28. Viva Biotech (China)
29. SYNthesis Med Chem (Australia)
30. Lonza Group AG (Switzerland)
31. Evotec A.G. (Germany)
Drug Discovery Services Market Regional Analysis:
A comprehensive regional analysis is provided, evaluating market trends, constraints, and growth prospects across North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. This in-depth examination enables stakeholders to identify regional market dynamics and capitalize on growth opportunities.
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Drug Discovery Services Market Key Questions Answered:
- What defines the Drug Discovery Services market landscape?
- What is the forecast period for the Drug Discovery Services market?
- What is the competitive scenario within the Drug Discovery Services market?
- Which region commands the largest market share in the Drug Discovery Services market?
- What are the key opportunities in the Drug Discovery Services market?
- What factors are driving the growth of the Drug Discovery Services market?
- Who are the key players in the Drug Discovery Services market?
- Which company holds the largest market share in the Drug Discovery Services market?
- What is the projected CAGR of the Drug Discovery Services market during the forecast period?
- What emerging trends are anticipated in the Drug Discovery Services market?
Drug Discovery Services Market Key Offerings:
- Market Share, Size, and Forecast by Revenue to Forecast
- Market Dynamics: Growth drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation: Detailed analysis by Drug Discovery Services Market
- Competitive Landscape: Leading key players and other prominent stakeholders
About Maximize Market Research:
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