Drug Discovery Services Market Trends, Segmentation, Regional Outlook, Future Plans and Forecast to 2030

kadambari jedhe

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, a global market intelligence firm, has recently released an insightful report shedding light on the prosperous growth opportunities for Drug Discovery Services market suppliers anticipated through 2029. The report provides a comprehensive market overview, detailing growth drivers, major restraints, upcoming challenges, and prevailing opportunities in the global Drug Discovery Services market. It also includes a comprehensive list of key players and their strategic business approaches.

For a free sample copy, please visit: https://www.maximizemarketresearch.com/request-sample/6672 

Drug Discovery Services Market Report Scope and Research Methodology:

Drug discovery is the process of finding possible new medications. It incorporates elements of chemistry, biology, and pharmacology, among other scientific disciplines. The Center for Drug Evaluation and Research, or CDER, approves a large number of novel medications every year. 50 new medications were approved by CDER in 2022, either as new therapeutic biologics under biologics license applications or as new molecular entities under new drug applications.

Get More Information On The Drug Discovery Services Market Report: https://www.maximizemarketresearch.com/market-report/global-drug-discovery-services-market/6672/ 

Drug Discovery Services Market Dynamics:

Artificial Intelligence has the potential to enhance drug discovery. The application of artificial intelligence (AI) to the analysis of drug results and research is anticipated to benefit drug discovery services. Before a chemical is synthesized or produced, artificial intelligence may be able to assist in the analysis of protein structures, which may help predict how the chemical will affect the target as well as safety concerns. Consequently, it is anticipated that the drug discovery services market will grow considerably over the course of the forecast period. 

Drug Discovery Services Market Regional Insights:

A thorough regional analysis of the Drug Discovery Services market, including market dynamics, regional market structure, and major players in each area, is included in the report. North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa are the regions covered, offering a thorough grasp of market conditions and variances.

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:

Identifying key players in the Drug Discovery Services industry, the report answers essential questions about expected market size.

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)

If you have any inquiries regarding this report, please do not hesitate to contact us here: https://www.maximizemarketresearch.com/inquiry-before-buying/6672 

Key Questions answered in the Drug Discovery Services Market Report are:

  • What is the expected Drug Discovery Services market size in 2029?
  • How the major segments of the global Drug Discovery Services market are expected to develop during the forecast period?
  • Who are the top suppliers and producers in the Drug Discovery Services industry?
  • What is the expected Drug Discovery Services market size by the end of the forecast period?
  • Which regional market held the largest Drug Discovery Services market share in 2022?
  • Who are the key players in the Drug Discovery Services industry?
  • What are the Drug Discovery Services market segments?
  • Which Drug Discovery Services market segment is expected to grow at a high rate during the forecast period?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
    • Past Pricing and price curve by region (2018 to 2022)
    • Market Size, Share, Size & Forecast by different segment | 2023−2029
    • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
    • Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
    • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    § Competitive landscape – Market Leaders, Market Followers, Regional player
    § Competitive benchmarking of key players by region
    • PESTLE Analysis
    • PORTER’s analysis
    • Value chain and supply chain analysis
    • Legal Aspects of business by region
    • Lucrative business opportunities with SWOT analysis
    • Recommendations

Related Report Published by Maximize Market Research: 

Tamanu Oil Market: https://www.maximizemarketresearch.com/market-report/tamanu-oil-market/218788/

Global Wedding Rings Market: https://www.maximizemarketresearch.com/market-report/global-wedding-rings-market/44948/

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company serving various industries, including medical devices, pharmaceuticals, science and engineering, technology, automobiles, and more. The company provides market-verified industry estimations, technical trend analysis, strategic advice, competition analysis, and client impact studies.

Contact Maximize Market Research:

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Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656

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