The global market for Drug Discovery Technologies is estimated at US$69.1 Billion in 2023 and is projected to reach US$124.2 Billion by 2030, growing at a CAGR of 8.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the drug discovery technologies market is driven by several factors, including the urgent need for new medical treatments, advancements in technology, and increased funding and investment in R&D by pharmaceutical companies and governments. The rising prevalence of chronic and infectious diseases worldwide demands faster and more efficient development of effective drugs.
Technological advancements that offer enhanced capabilities and efficiencies in discovering new drugs are critical in meeting these health challenges. Additionally, the pharmaceutical industry's focus on precision medicine tailored to genetic profiles is pushing the boundaries of traditional drug discovery, further fueling the demand for advanced technologies.
The growth in the drug discovery technologies market is driven by several factors, including the urgent need for new medical treatments, advancements in technology, and increased funding and investment in R&D by pharmaceutical companies and governments. The rising prevalence of chronic and infectious diseases worldwide demands faster and more efficient development of effective drugs.
Technological advancements that offer enhanced capabilities and efficiencies in discovering new drugs are critical in meeting these health challenges. Additionally, the pharmaceutical industry's focus on precision medicine tailored to genetic profiles is pushing the boundaries of traditional drug discovery, further fueling the demand for advanced technologies.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Small Molecule Drugs Discovery Technologies segment, which is expected to reach US$92.7 Billion by 2030 with a CAGR of a 8.4%. The Biologics Discovery Technologies segment is also set to grow at 9.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $18.7 Billion in 2023, and China, forecasted to grow at an impressive 10.6% CAGR to reach $19.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Drug Discovery Technologies Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Drug Discovery Technologies Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Drug Discovery Technologies Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agilent Technologies, Inc., Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 129 Featured):
- Agilent Technologies, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories, Inc.
- Alnylam Pharmaceuticals, Inc.
- Antares Pharma, Inc.
- Ambrx, Inc.
- ActivX Biosciences, Inc.
- Alembic Pharmaceuticals Limited
- BioVision, Inc.
- Acadia Pharmaceuticals, Inc.
- Beactica Therapeutics AB
- Atomwise, Inc.
- BeiGene LTD.
- ATXA Therapeutics
- Bayer Pharmaceuticals
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Agilent Technologies, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories, Inc.
- Alnylam Pharmaceuticals, Inc.
- Antares Pharma, Inc.
- Ambrx, Inc.
- ActivX Biosciences, Inc.
- Alembic Pharmaceuticals Limited
- BioVision, Inc.
- Acadia Pharmaceuticals, Inc.
- Beactica Therapeutics AB
- Atomwise, Inc.
- BeiGene LTD.
- ATXA Therapeutics
- Bayer Pharmaceuticals
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 486 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 69.1 Billion |
Forecasted Market Value ( USD | $ 124.2 Billion |
Compound Annual Growth Rate | 8.7% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |