Preclinical Asset Trends and Forecast
The future of the global preclinical asset market looks promising with opportunities in the biopharmaceutical company and government institute markets. The global preclinical asset market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing drug discovery activities, growing demand for personalized medicine, and rising launch of new toxicology tests by key market players.A more than 150-page report is developed to help in your business decisions.
Preclinical Asset by Segment
The study includes a forecast for the global preclinical asset by service type, model type, end use, and region.Preclinical Asset Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:
- Bioanalysis & DMPK (Drug Metabolism and Pharmacokinetic)
- Toxicology Testing
- Compound Management
- Safety Pharmacology
- Others
Preclinical Asset Market by Model Type [Shipment Analysis by Value from 2018 to 2030]:
- Patient Derived Organoid Model
- Patient Derived Xenograft Model
Preclinical Asset Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Biopharmaceutical Companies
- Government Institutes
- Others
Preclinical Asset Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Preclinical Asset Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies preclinical asset companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the preclinical asset companies profiled in this report include-- IQVIA
- ICON
- Eurofins Scientific
- PPD
- SGS
- Intertek
- Charles River Laboratories
- Medpace
- Pharmaron Beijing
- Evotec
Preclinical Asset Market Insights
The report forecasts that bioanalysis & DMPK is expected to witness highest growth over the forecast period.Within this market, biopharmaceutical company will remain the largest segment.
North America is expected to witness highest growth over the forecast period due to growing number of inorganic strategies carried on by the key market players.
Features of the Global Preclinical Asset Market
- Market Size Estimates: Preclinical asset market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Preclinical asset market size by service type, model type, end use, and region in terms of value ($B).
- Regional Analysis: Preclinical asset market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different service types, model types, end uses, and regions for the preclinical asset market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the preclinical asset market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQs
Q1. What is the growth forecast for preclinical asset market?Answer: The global preclinical asset market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the preclinical asset market?
Answer: The major drivers for this market are increasing drug discovery activities, growing demand for personalized medicine, and rising launch of new toxicology tests by key market players.
Q3. What are the major segments for preclinical asset market?
Answer: The future of the preclinical asset market looks promising with opportunities in the biopharmaceutical company and government institute markets.
Q4. Who are the key preclinical asset market companies?
Answer: Some of the key preclinical asset companies are as follows:
- IQVIA
- ICON
- Eurofins Scientific
- PPD
- SGS
- Intertek
- Charles River Laboratories
- Medpace
- Pharmaron Beijing
- Evotec
Answer: The report forecasts that bioanalysis & DMPK is expected to witness highest growth over the forecast period.
Q6. In preclinical asset market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing number of inorganic strategies carried on by the key market players.
Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the preclinical asset market by service type (bioanalysis & DMPK, toxicology testing, compound management, safety pharmacology, and others), model type (patient derived organoid model and patient derived xenograft model), end use (biopharmaceutical companies, government institutes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Preclinical Asset Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- IQVIA
- ICON
- Eurofins Scientific
- PPD
- SGS
- Intertek
- Charles River Laboratories
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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