Drug Discovery Services Market Global Share, Size, Trends Analysis, Trends, Share, Industry Size, Growth and forecast

The 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:

A groundbreaking report on the Drug Discovery Services Market has been released, offering a deep dive into the industry's current landscape and future prospects. This report meticulously examines market dynamics, historical performance, and revenue projections, providing investors and stakeholders with invaluable insights.

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Drug Discovery Services Market Report Scope & Research Methodology:

The report delves into the Drug Discovery Services Market at global, regional, and country levels, offering a comprehensive analysis of market dynamics, including drivers, restraints, challenges, and opportunities. Utilizing a bottom-up approach, the market size was estimated, supported by thorough primary research through interviews with key industry experts and secondary research reviewing leading manufacturers' annual and financial reports. SWOT analysis was employed to identify key players' strengths, weaknesses, opportunities, and threats.

Drug Discovery Services Market Regional Insights:

Regional analysis in the report sheds light on the Drug Discovery Services Market across various countries, considering political, geographic, and consumer behavior factors that significantly influence the market. Detailed explanations of each factor, coupled with information on market size, growth rates, and import-export dynamics, provide a holistic understanding of regional market trends.

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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)

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)

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Key Questions Answered:

• Which segment dominated the Drug Discovery Services Market share in Historic Period?
• Which segment is forecasted to witness the highest CAGR?
• Who are the key players driving industry innovation?
• What factors will drive market growth?
• What is the expected market size by Forecast Period?
• Which region commands the largest market share?
• What is the projected CAGR during the forecast period?

Key Offerings

The report includes:

• Past Market Size and Competitive Landscape
• Market Size, Share, and Forecast by Segment forecast period
• Market Dynamics: Growth Drivers, Restraints, Opportunities, and Trends
• Competitive Landscape: Profiles of Key Players and Competitive Benchmarking
• PESTLE Analysis, PORTER's Analysis, Value Chain, and Supply Chain Analysis
• Legal Aspects of Business by Region
• SWOT Analysis and Recommendations

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 medical devices, pharmaceutical manufacturers, 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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