Press release
Compound Management Market SWOT Analysis 2027 - Tecan Trading AG, Hamilton Company, TTP Labtech, Evotec, Icagen, Wuxi Apptec, TCG Lifesciences
Global compound management market, based on the end user, was segmented as, pharmaceutical companies, biopharmaceutical companies and contract research organizations (CROs). In 2018, pharmaceutical companies held the largest share of the market, by end user. In addition, the segment is also anticipated to grow at a significant rate during the forecast period. The increase in funds in R&D activities for the industries and academia and government financing for research activities, these factors are anticipated to lead to the growth of the segment during the forecast period.The market for compound management is expected to grow, owing to factors such as extensive usage of the products for the management of compound used in drug discovery, genetic studies are rising at a fast speed In addition, growth of bio banking sector and rapid development in biopharmaceutical industry is likely to have a positive impact on the growth of the market in the coming years.
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According to a new market research study titled 'Compound Management Market to 2027 - Global Analysis and Forecasts by Product & Services, Sample Type, Application and End User.' The global Compound management market is expected to reach US$ 691.41 Mn in 2027 from US$ 220.19 Mn in 2018. The market is estimated to grow with a CAGR of 14.2% from 2019-2027. The report highlights the trends prevalent in the global compound management market and the factors driving the market along with those that act as deterrents to its growth.
The major players operating in the compound management market include, Tecan Trading AG, Hamilton Company, TTP Labtech, Frontier Scientific Services, Biosero Inc., Evotec, Icagen, Inc., Wuxi Apptec, TCG Lifesciences Pvt. Ltd and BioAscent. The market has witnessed various organic as well as inorganic developments during recent years in the compound management market. During November 2018, Brooks Automation has Acquired GENEWIZ Group a leading global genomics service provider that enable research scientists to advance their discoveries within the pharmaceutical, academic, biotechnology, agriculture and other markets
Development of the drug is a complicated, long, and costly process, embedded with a high degree of improbability that a drug will succeed. Various advanced techniques are used to check the drug discovery processes. High Throughput Screening (HTS) is used in drug discovery for the screening of a large number of compounds with a biological target. The data on activity against the target is collected for a representative sample of compounds selected from an extensive library. Drug discovery aims to relate the operation of a compound to its chemical structure and therefore is used to identify more active compounds.
Table of Contents:
1. Introduction
2. Key Takeaways
3. Compound Management Market Landscape
4. Compound Management Market - Key Industry Dynamics
5. Compound Management Market - Global Analysis
6. Compound Management Market Revenue And Forecasts To 2027 - By Product And Service
7. Compound Management Market Revenue And Forecasts To 2027 - By Endpoints And Tests
8. Compound Management Market Revenue And Forecasts To 2027 - By Technology
9. Compound Management Market Revenue And Forecasts To 2027 - By Industry
10. Compound Management Market Revenue And Forecasts To 2027 - By Method
11. North America Compound Management Market Revenue And Forecasts To 2027 - Country Analysis
12. Europe Compound Management Market Revenue And Forecasts To 2027 - Country Analysis
13. Asia Pacific Compound Management Market Revenue And Forecasts To 2027 - Country Analysis
14. South And Central America Compound Management Market Revenue And Forecasts To 2027 - Country Analysis
15. Industry Landscape
16. Compound Management Market, Key Company Profiles
17. Appendix
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