The report covers the Drug Discovery Services Market segmentation along with a detailed outline of the Drug Discovery Services market size with regards to volume and valuation. The report provides comprehensive coverage of the Drug Discovery Services market scenario for the current period and forecast timeline of 2020-2027. The Drug Discovery Services market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
Various other factors have accelerated the growth of the Drug Discovery Services Market, along with the rapid expansion of the biotechnology and pharmaceutical industry. Rising awareness about chronic health conditions, increasing patient pool, a surge in unmet medical needs, an improved regulatory framework for drug discovery, and an increase in the number of contracts and agreements between prominent pharmaceutical and biotech giants are anticipated to add traction to the growth of the market. An increase in the outsourcing of drug discovery R & D and clinical trials of crucial drug candidates and the availability of advanced diagnostic procedures is presumed to drive the market's growth throughout the projected timeline.
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The key companies studied in the report are:
- Albany Molecular Research, Inc.
- Thermo Fisher Scientific
- Evotec
- Covance
- GenScript
- Pharmaceutical Product Development, LLC
- SRI International
- WuXiAppTec
- Charles River Laboratories International
- Selcia Limited
- Viva Biotech
- Domainex
- Merck KGaA
- Others
The report studies the historical data of the Drug Discovery Services market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Drug Discovery Services industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Drug Discovery Services market.
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The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Drug Discovery Services market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
Drug Discovery Services Market Segmentation
Process
- Target Selection
- Target Validation
- Lead Optimization
- Candidate Validation
- Others
Type
- Medicinal Chemistry
- Biology Services
- Pharmacokinetics and Drug Metabolism
Drug Type
- Biologics
- Small Molecules
Therapeutic Area
- Neurology
- Diabetes
- Oncology
- Cardiovascular Diseases
- Respiratory Illnesses
- Others
End-User Industry
- Hospital & Clinics
- Pharmaceutical Companies
- Biotech Companies
- Research Institutes
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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