Press release
Global DNA-Encoded Libraries Platforms And Services Market 2022 Outlook By Offerings, End-Users And Geography | Trends and Forecast To 2030
DNA-encoded libraries (DELs) are a collection of small molecules that are attached to unique DNA sequences. These libraries can be used in drug discovery and development to screen for potential drug candidates. The DNA-encoded libraries platforms and services market is driven by the increasing demand for efficient and effective drug discovery technologies.The global DNA-encoded libraries platforms and services market size was valued at USD 325 million in 2021 and is expected to reach USD 1,175 million by 2030, growing at a CAGR of 17.4% from 2022 to 2030.
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One of the main drivers of the DNA-encoded libraries platforms and services market is the increasing demand for efficient and effective drug discovery technologies. DNA-encoded libraries offer several advantages over traditional drug discovery methods, including the ability to screen a large number of compounds in a single experiment, which can significantly reduce the time and cost of drug discovery. Another driver is the rising number of research activities in the field of genomics. The increasing understanding of the role of genetics in disease and the development of new technologies for genetic analysis have created new opportunities for the use of DNA-encoded libraries in drug discovery.
One of the main restraints of the DNA-encoded libraries platforms and services market is the limited availability of funding for research and development activities. The high cost of developing and implementing DNA-encoded libraries can be a barrier to entry for smaller companies and academic institutions, which may limit the growth of the market. Another restraint is the potential for intellectual property issues. The development and use of DNA-encoded libraries can involve complex patent and licensing agreements, which can limit the ability of companies and institutions to use these technologies in their research.
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Some of the Key Players Operating in the Global DNA-Encoded Libraries Platforms And Services Market include:
Amgen Inc
X-Chem
NovAliX
BOC Sciences
SpiroChem
DyNAbind GmbH
Vipergen ApS
Novartis AG
WuXi AppTec
HitGen Inc
Biosearch Technologies amongst others
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Our 420+ Pages Report titled, DNA-Encoded Libraries Platforms And Services Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global DNA-Encoded Libraries Platforms And Services Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global DNA-Encoded Libraries Platforms And Services Market Segmentation:
By Offerings
DEL-Driven Hit identification
(Hit-to-Lead
Lead Optimization
Libraries design & production
Screening & data analysis
Others)
By End-Users
Pharmaceutical Companies
(Biotechs
Research Institutions
Others)
By Geography:
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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