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Impact Of Covid-19 Outbreak On North America Compound Management Market, Global Professional Survey Report 2020

04-12-2021 11:32 AM CET | IT, New Media & Software

Press release from: Business Market Insights

Impact Of Covid-19 Outbreak On North America Compound

The healthcare industry is undergoing rapid transformations since a few years now. Various technological improvements have been witnessed in the segments including diagnosis and treatment options for chronic diseases. The increase in incidences of chronic illnesses and the increasing ageing population are the primary factors fuelling the growth of healthcare segment.

The North America Compound Management market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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For North America Compound Management market, Business Market Insights researchers observed that there has been an increase in the healthcare expenditure in the European countries during the past few years. In this region, Germany has a history of manufacturing high diagnostic imaging technologies, precision medical instruments and others. As per Eurostat in 2016, healthcare expenditure in Germany was EUR 352 billion. Medical technologies are the priority of Healthcare/Life Sciences (HCT) industry. Whereas the healthcare expenditure of France was recorded as the second highest which was around EUR 257 billion, followed by the United Kingdom EUR 234 billion.

These factors are expected to offer broad growth opportunities in the healthcare industry and this is expected to cause the demand for Compound Management assays in the market.

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NORTH AMERICA COMPOUND MANAGEMENT – MARKET SEGMENTATION
By Product & Services
• Compound/Sample Management Products
o Instruments
 Automated Compound/Sample Storage Systems
 Manual Compound/Sample Storage Systems
 Automated Liquid Handling Systems
o Software
• Services

By Sample Type
• Chemical Compounds
• Biosamples

By Application
• Drug Discovery
• Gene Synthesis
• Biobanking

By End User
• Pharmaceutical Companies
• Biopharmaceutical Companies
• Contract Research Organizations (CROs)
• Others

Company Profiles
• Biosero Inc.
• Meridian Bioscience
• Evotec
• Icagen, Inc.
• TCG Lifesciences Pvt. Ltd.
• TTP Labtech
• Frontier Scientific Services
• Hamilton Company
• Tecan Trading AG
• Brooks Life Sciences

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About Business Market Insights
Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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