High Throughput Screening Market Foreseen to Draw a Promising Growth of $19.89 Billion by 2024 | Thermo Fisher, Danaher, PerkinElmer, Merck, Bio-Rad Lab

The High Throughput Screening (HTS) market 2020 research report is a detailed view of market opportunity by end-user segments, product Type segments, sales channels, key countries. It also provides market credentials such as history, various development and trends, market overview, regional markets and also market competitors. The report estimates the performance of the key players by 2024 .

Global High Throughput Screening (HTS) Market Overview:

A recent report by Business Industry Reports offers an in-depth analysis of global High Throughput Screening market from 2020 to 2024. It also edifies various sides such as key drivers, prominent developments, and various market opportunities for businesses to gain maximum profit in the projected period.

The High Throughput Screening industry has grieved a certain impact, but still preserved a comparatively optimistic growth, the past four years, High Throughput Screening market size to maintain the average annual growth rate of 0.0449964540838 from 11070.0 million $ in 2014 to 13795.0 million $ in 2019, analysts believe that in the next few years, High Throughput Screening market size will be further expanded, we expect that by 2024, The market size of the High Throughput Screening will reach 19890.0 million $.

High throughput screening (HTS) is a drug detection technique employed for screening and estimation of large number of biological modulators and effectors against selected target. Over last time span, high Throughput screening has gained a prevalent popularity and has become a typical method of drug discovery in the pharmaceutical industry. The major goal of high throughput screening technique is to rush drug discovery process by screening large number of compound libraries such as combinatorial chemistry, genomics, protein, and peptide libraries at a rate that may exceed a few thousand compounds per day or week. High-throughput screening methods are also used to characterize metabolic, pharmacokinetic and toxicological data for new drugs and thus eventually reducing the cost of the drug development.

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Technological progressions such as automation of liquid handling, creation of novel technological platforms, and development of analytical tools to deal with huge quantities of data has exponentially driven the global market for high throughput screening devices market in past few years. Growing competition among pharma companies with respect to pioneering drug discovery and commercialization demand for high throughput screening devices is increasing at a rapid pace. HTS market promises assenting growth potential in near future due to its predictable use in the research and production field.

Increasing assets investment in high throughput screening technology by research groups and key players operating in market has boosted the growth and demand in past years.

Global Key Players :

The global High Throughput Screening (HTS) market is marked by some strong competition from the major players operating in this industry. Many merger and acquisition, joint venture and partnership agreement, product innovation, research and development and geographical extension are some of the key strategies adopted by this player to ensure long term sustenance in these market key participants in the global High Throughput Screening (HTS) industry include

Agilent Technologies, Inc.

Danaher Corporation

Thermofisher Scientific, Inc.

PerkinElmer, Inc.

Tecan Group Ltd.

Merck Millipore

Bio-Rad Laboratories

Hamilton Company

Axxam S.p.A.

Aurora Biomed

Product Type Segmentation

Cell-based Assays

3D-Cell Cultures

Ultra High Throughput

Industry Segmentation

Drug discovery programs

Chemical biology programs

Biochemical screening

Cell- & organ-based screening

Regional Segmentation :

The North America market controls the global high throughput screening (HTS) market in terms of revenue and is predictable to maintain its dominance over the forecast period. Presence of advanced healthcare organization, and rising investments by government and private players are major factors driving growth of the North America high throughput screening (HTS) market. The Europe Market accounts for second highest share in terms of revenue in the global market. Europe owing to increasing collaboration between manufacturers and research institutes and organization

Asia Pacific and Rest of the World market are among the fastest growing market relating to increasing demand for cost effective drugs, increasing incidences of chronic and life threatening diseases and growing economy are among the prominent drivers rising growth of high throughput screening market in emerging economic countries.

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Global Industry News:

Thermofisher Scientific : MAR 16 2020

Thermo Fisher ships coronavirus tests, aims to produce 5 million tests a week by April

The first batch of government-authorized coronavirus tests from Thermo Fisher Scientific have shipped off and the "dramatic ramp up" in production has begun, CEO Marc Casper told CNBC Monday.

"We have already about 1.5 million tests in stock. We began shipping them yesterday and today," Casper said in a "Mad Money" interview with Jim Cramer. "But we're ramping up to about 2 million tests in production a week, and then over the course of April we'll be able to get that to about 5 million tests a week in terms of production."

Thermo Fisher is one of two diagnostics makers to receive emergency use authorization (EUA) from the U.S. Food and Drug Administration for coronavirus tests that are badly needed in the rush to slow the spread of the deadly COVID-19, the disease caused by the novel virus that has infected and killed thousands across the globe. Swiss diagnostics maker Roche is the other company granted authorization for a similar device.

Thermo Fisher's coronavirus test, an instrument called Applied Biosystems 7500 Fast Dx Real-time PCR, has not been FDA approved, though the EUA permits its use to diagnose the novel virus in patients. The EUA can be issued when the U.S. Department of Health and Human Services declares a public emergency. HHS Secretary Alex Azar made that declaration Jan. 31.

The test has been shipped to 200 laboratories across the country and can be administered at a doctor's office or a testing center, Casper said.

Identification of key industry players in the industry and their revenue influence to the overall business or relevant segment associated to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the value chain of cloud analytics market. The last step involves complete market engineering which includes analysing the data from different sources and existing exclusive datasets while using various data different methods for market breakdown and forecasting.

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Major Points in Table of Contents:

Section 1 High Throughput Screening (HTS) Product Definition

Section 2 Global High Throughput Screening (HTS) Market Manufacturer Share and Market Overview

2.1 Global Manufacturer High Throughput Screening (HTS) Shipments

2.2 Global Manufacturer High Throughput Screening (HTS) Business Revenue

2.3 Global High Throughput Screening (HTS) Market Overview

Section 3 Manufacturer High Throughput Screening (HTS) Business Introduction

3.1 Agilent Technologies, Inc. High Throughput Screening (HTS) Business Introduction

3.1.1 Agilent Technologies, Inc. High Throughput Screening (HTS) Shipments, Price, Revenue and Gross profit 2014-2019

3.1.2 Agilent Technologies, Inc. High Throughput Screening (HTS) Business Distribution by Region

3.1.3 Agilent Technologies, Inc. Interview Record

3.1.4 Agilent Technologies, Inc. High Throughput Screening (HTS) Business Profile

3.1.5 Agilent Technologies, Inc. High Throughput Screening (HTS) Product Specification

3.2 Danaher Corporation High Throughput Screening (HTS) Business Introduction

3.2.1 Danaher Corporation High Throughput Screening (HTS) Shipments, Price, Revenue and Gross profit 2014-2019

3.2.2 Danaher Corporation High Throughput Screening (HTS) Business Distribution by Region

3.2.3 Interview Record

3.2.4 Danaher Corporation High Throughput Screening (HTS) Business Overview

3.2.5 Danaher Corporation High Throughput Screening (HTS) Product Specification

3.3 Thermofisher Scientific, Inc. High Throughput Screening (HTS) Business Introduction

3.3.1 Thermofisher Scientific, Inc. High Throughput Screening (HTS) Shipments, Price, Revenue and Gross profit 2014-2019

3.3.2 Thermofisher Scientific, Inc. High Throughput Screening (HTS) Business Distribution by Region

3.3.3 Interview Record

3.3.4 Thermofisher Scientific, Inc. High Throughput Screening (HTS) Business Overview

3.3.5 Thermofisher Scientific, Inc. High Throughput Screening (HTS) Product Specification

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