Press release
Rising R&D Efforts and Expenditures Drive Growth in the Global Drug Discovery Market
DRUG DISCOVERY MARKET
Browse 66 market data Tables and 52 figures spread over 190 Pages, along with an in-depth analysis of the Global Drug Discovery Market by Drug Type, Service, End-Users, Technology, & by Geography
Read the Market Summary Here:
https://inkwoodresearch.com/reports/drug-discovery-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Here's a link to our Country Report Summary:
https://inkwoodresearch.com/reports/united-states-drug-discovery-market/
The United States drug discovery market is predicted to record a CAGR of 6.26% during the forecast period, 2022-2028, projecting revenue of $32933.52 million by 2028.
Global Drug Discovery Market Scenario
The pharmaceutical and biopharmaceutical industries' increasing R&D spending creates growth prospects for drug discovery. Pharmaceutical, biopharmaceutical, and medical device companies are also making significant investments in the creation of novel drugs and devices. R&D becomes more and more important to the pharmaceutical industry.
In addition, a number of well-known industry participants are working on several development projects related to infectious diseases, women's health, cardiology, and oncology. Outsourcing has emerged as a tactical choice as pharma companies face increasing pressure to maintain fixed costs. To increase profitability, a number of pharmaceutical and biopharmaceutical companies are outsourcing their testing needs during research and development. Additionally, big pharma companies are transforming to leaner business models, relying majorly on outsourcing.
The Global Drug Discovery Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Drug Discovery Market by Drug Type, Service, End-Users, Technology, & by Geography: https://inkwoodresearch.com/reports/drug-discovery-market/#request-free-sample
Market Segmentation
Market by Drug Type
• Small Molecule Drug
• Biologic Drug
Market by Service
• Drug Metabolism and Pharmacokinetics Services
• Chemical Services
• Biological Services
• Other Pharmaceutical Services
Market by End-Users
• Contract Research Organizations
• Pharmaceutical Companies
• Research Institutes
• Other End-Users
Market by Technology
• Biochips
• High Throughput Screening
• Metabolomics
• Nanotechnology
• Spectroscopy
• Pharmacogenomics and Pharmacogenetics
• Bioinformatics
• Combinatorial Chemistry
• Other Technologies
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• ROCHE AG
• EVOTEC SE
• JOHNSON & JOHNSON
• ELI LILLY AND COMPANY
• MERCK & CO INC
• IQVIA HOLDINGS INC
• AGILENT TECHNOLOGIES INC
• CHARLES RIVER LABORATORIES INTERNATIONAL INC
• PFIZER INC
• ICON PLC
• GLAXOSMITHKLINE PLC
• ASTRAZENECA PLC
• BAYER AG
• NOVARTIS AG
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The global metabolomics market is expected to record a CAGR of 11.84% during the forecast period, 2019-2027.
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