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Drug Discovery Services Market Report 2022-2032

·6-min read

Forecasts by Services Type (Chemistry Services, Drug Metabolism and Pharmacokinetics (DMPK), Biology Services), by Process (Hit to Lead Identification, Lead Optimisation, Target Selection, Target Validation, Candidate Validation), by Drug Type (Small Molecules, Biologics), by Therapeutic Area (Oncology, Neurology, Infectious and Immune System Diseases, Cardiovascular Diseases, Respiratory Diseases, Digestive System Diseases, Other), by Technology (High Throughput Screening, Biochips, Nanotechnology, Spectroscopy, Pharmacogenomics and Pharmacogenetics, Others), by End-user (Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, Others) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

New York, July 21, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Drug Discovery Services Market Report 2022-2032" -

The Drug Discovery Services Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Rising Prevalence of Chronic Diseases to Boost Market Growth Through 2032

The market for drug discovery services is expected to expand due to the rising disease burden in emerging nations, which includes several Middle Eastern and African nations as well as Asia-Pacific nations. These developing nations deal with a wide range of illnesses, including skin conditions, cancer, HIV, cardiovascular, and neurological conditions. It is anticipated that applications for drug discovery services will aid in the control of these illnesses by extending the reach of treatment, assisting patients in following prescribed treatment plans and increasing public awareness of epidemics.

Additionally, COVID-19 offers a chance for the provider of drug discovery services to take on a larger role in healthcare. Over the course of the forecast period, new revenue opportunities for market players are anticipated to be created by the rising number of coronavirus cases around the world and the expanding interaction between technology and healthcare.

What Questions Should You Ask before Buying a Market Research Report?
• How is the drug discovery services market evolving?
• What is driving and restraining the drug discovery services market?
• How will each drug discovery services submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?
• How will the market shares for each drug discovery services submarket develop from 2022 to 2032?
• What will be the main driver for the overall market from 2022 to 2032?
• Will leading drug discovery services markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?
• Who are the leading players and what are their prospects over the forecast period?
• How will the industry evolve during the period between 2020 and 2032? What are the implications of drug discovery services projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the drug discovery services market?
• Where is the drug discovery services market heading and how can you ensure you are at the forefront of the market?
• What are the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the drug discovery services market today, and over the next 10 years:
• Our 689-page report provides 259 tables and 493 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the drug discovery services market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2032 and other analyses reveal commercial prospects
• In addition to revenue forecasting to 2032, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising drug discovery services prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Services Type Outlook
• Chemistry Services
• Drug Metabolism and Pharmacokinetics (DMPK)
• Biology Services

• Hit to Lead Identification
• Lead Optimization
• Target Selection
• Target Validation
• Candidate Validation

Drug Type
• Small Molecules
• Biologics

Therapeutic Area
• Oncology
• Neurology
• Infectious and Immune System Diseases
• Cardiovascular Diseases
• Respiratory Diseases
• Digestive System Diseases
• Other Therapeutic Areas

• High Throughput Screening
• Biochips
• Nanotechnology
• Spectroscopy
• Pharmacogenomics and Pharmacogenetics
• Others

• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes
• Others

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America
• U.S.
• Canada

• Germany
• Spain
• United Kingdom
• France
• Italy
• Rest of Europe

Asia Pacific
• China
• Japan
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America
• Brazil
• Argentina
• Mexico
• Colombia
• Rest of Latin America

• South Africa
• Rest of MEA

The report also includes profiles and for some of the leading companies in the Drug Discovery

Services Market, 2022 to 2032, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth
• BioBlocks, Inc
• Charles River Laboratories
• Domainex
• Eurofins Scientific
• Evotec
• Jubilant Pharmova Limited Company
• Labcorp Drug Development (Parent Company Laboratory Corporation of America Holdings)
• Thermo Fisher Scientific Inc.
• Sygnature Discovery
• WuXi AppTec

Overall world revenue for drug discovery services market, 2022 to 2032 in terms of value the market will surpass US$14 billion in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Drug Discovery Services Market, 2022 to 2032 report help you?

In summary, our 680+ page report provides you with the following knowledge:
• Revenue forecasts to 2032 for Drug Discovery Services Market, 2022 to 2032 Market, with forecasts for service type, process, drug type, therapeutic area, technology, and end-user each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
• Revenue forecasts to 2032 for four regional and 23 key national markets – See forecasts for the Drug Discovery Services Market, 2022 to 2032 market in North America, Europe, Asia-Pacific, Latin America and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
• Prospects for established firms and those seeking to enter the market – including company profiles for 10 of the major companies involved in the Drug Discovery Services Market, 2022 to 2032.

Read the full report:

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