Preclinical Assets Market Report 2025

The preclinical assets market size has grown strongly in recent years. It will grow from $5.87 billion in 2024 to $6.4 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to drug development needs, advancements in biotechnology, regulatory requirements, research funding growth, collaborative research efforts.

The preclinical assets market size is expected to see strong growth in the next few years. It will grow to $9.3 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to precision medicine and personalized therapies, ai and machine learning integration, biobanking expansion, focus on rare diseases, government initiatives and funding. Major trends in the forecast period include emergence of advanced imaging techniques, 3d organoid models, multi-omics integration, enhanced predictive models, automation and high throughput screening.

The rising pace of drug discovery is anticipated to boost the growth of the preclinical asset market in the future. Drug discovery is the process of identifying chemical substances that can serve as medicinal agents and involves discovering new candidate medications. Within this framework, preclinical assets play a crucial role by providing essential data and evidence to support the selection of molecules for clinical development as candidates. For example, in June 2023, the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based organization representing the pharmaceutical sector, reported significant growth in the European pharmaceutical industry, with production increasing from $352.48 billion in 2021 to $369.95 billion in 2022. Consequently, the increase in drug discovery is driving the growth of the preclinical assets market.

The escalating need to mitigate clinical trial expenditures drives the upward momentum of the preclinical asset market. Clinical trial costs encompass the comprehensive expenses incurred in planning, executing, and managing trials aimed at assessing the safety, efficacy, and potential benefits of novel medical interventions. These trials provide critical insights into the safety, effectiveness, and potential side effects of preclinical assets, validating their therapeutic promise in human subjects. For instance, data sourced from Genetic Engineering and Biotechnology News in February 2023 underscored a substantial rise in the cost of developing new drugs among the top 20 global biopharma companies, soaring by 15% from $298 million in 2022 to approximately $2.3 billion in 2023. This increase encapsulates the expenses incurred throughout the drug development lifecycle, particularly in clinical trial phases. Hence, the mounting emphasis on reducing clinical trial costs propels the expansion of the preclinical asset market.

Product innovation has emerged as a significant trend driving growth within the preclinical assets market. Prominent players in this sector are heavily invested in pioneering new products and solutions to fortify their market position and gain a competitive edge. An illustrative case is the partnership between Charles River Laboratories International and Valo Health Inc. In April 2022, they introduced Logica, an AI-powered drug solution. This innovative offering seamlessly translates biological insights of clients into optimized preclinical assets. By amalgamating Charles River's extensive preclinical expertise with Valo's AI-driven Opal Computational Platform, Logica delivers a unified approach to drug discovery. This transformative partnership ensures the conversion of targets into candidate nominations, enhancing efficiency and yielding highly qualified leads for clients while aligning costs with value creation.

Major companies in the preclinical assets market are concentrating on establishing strategic alliances to enhance their market position. For example, in July 2023, AbbVie, a US-based pharmaceutical company, and Calibr, a leading research and drug development firm based in India, announced an expanded strategic collaboration aimed at advancing several innovative preclinical and early-stage clinical assets. This partnership builds on the previous collaboration between AbbVie and Scripps Research. Additionally, Calibr will provide AbbVie with a specific number of new discovery targets and preclinical assets of mutual interest for consideration of options.

In October 2022, Pfizer Inc., a prominent pharmaceutical and biotechnology corporation based in the United States, completed the acquisition of Biohaven Pharmaceutical Holding Company Ltd. for a total of $11.6 billion. Through this acquisition, Pfizer obtained access to a promising portfolio of calcitonin gene-related peptide (CGRP) receptor antagonists, which encompasses Rimegepant, Zavegepant, and a collection of preclinical CGRP assets. Biohaven Pharmaceutical Holding Company Ltd. is a clinical-stage biopharmaceutical company headquartered in the United States, known for its early-stage discovery program and various preclinical assets.

Major companies operating in the preclinical assets market include Laboratory Corporation of America, IQVIA Inc., ICON PLC, Eurofins Scientific SE, PPD Inc., SGS SA, WuXi AppTec Co. Ltd., Intertrek Group PLC, Charles River Laboratories International Inc., Medpace Inc., Pharmaron Beijing Co. Ltd., Evotec SE, GenScript Biotech Corporation, Inotiv Inc., SRI International Inc., Shanghai Medicilon Inc., Biocytogen Pharmaceuticals Beijing Co. Ltd., AmplifyBio LLC, BioReliance Corporation, Pharmalegacy Laboratories Co. Ltd., Precigen Inc., ReproCELL Incorporated, InSphero AG, Crown Bioscience Inc., Comparative Biosciences Inc., TCG Lifesciences Pvt. Ltd., InVivo Biosystems, Pharmatest Services Ltd, Domainex Limited, Viroclinics Xplore.

North America was the largest region in the preclinical assets market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the preclinical assets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the preclinical assets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

A preclinical asset encompasses all clinical trial supplies or equipment utilized during the preclinical development phase, bridging the gap between drug discovery in the laboratory and the commencement of human clinical trials. This preliminary stage involves essential feasibility assessments, iterative evaluations, and the gathering of safety data, primarily conducted on laboratory animals.

The primary categories of preclinical asset services include bioanalysis and DMPK (Drug Metabolism and Pharmacokinetic) studies, toxicology testing, compound management, safety pharmacology, and others. Bioanalysis and DMPK studies play a pivotal role in the drug development process, focusing on evaluating the pharmacokinetic and drug metabolism characteristics of potential new drugs. Various models, such as patient-derived organoid (PDO) models and patient-derived xenograft models, are employed by diverse end-users, including biopharmaceutical companies, government institutes, and others.

The preclinical assets market research report is one of a series of new reports that provides preclinical assets market statistics, including preclinical assets industry global market size, regional shares, competitors with a preclinical assets market share, detailed preclinical assets market segments, market trends and opportunities, and any further data you may need to thrive in the preclinical assets industry. This preclinical assets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The preclinical assets market consists of revenues earned by entities by providing preclinical assets services such as process research and development, asymmetric synthesis, safety pharmacology, and custom synthesis. The market value includes the value of related goods sold by the service provider or included within the service offering. The preclinical assets market consists of sales of chemical compounds, biological samples, and sample storage systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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