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High-Throughput Screening Market worth $56.53 billion by 2030, growing at a CAGR of 13.67% - Exclusive Report by 360iResearch
High-Throughput Screening Market | 360iResearch
The Global High-Throughput Screening Market to grow from USD 23.05 billion in 2023 to USD 56.53 billion by 2030, at a CAGR of 13.67%.
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High throughput screening is a mode of scientific experimentation that comprises screening large compound libraries for activity against biological targets via automation, miniaturized assays, and large-scale data analysis. It involves the rapid testing and analysis of many samples, enabling researchers to evaluate various compounds' effectiveness, selectivity, and potential toxicity. The primary applications of HTS are drug discovery and development in pharmaceutical and biotechnology companies, along with academic research laboratories. The rise in investment by governments and private organizations globally towards research and development activities fuels the growth of this market segment. Advances in computational biology enable researchers to analyze massive amounts of data generated by HTS systems more efficiently, which has significantly driven the market growth. However, high initial setup costs related to equipment procurement and maintenance and complexities related to data interpretation may hamper the market expansion. Expanding applications of HTS in different sectors, such as agrochemicals and environmental monitoring, will create a lucrative market opportunity in the forecasted period.
The Americas experienced significant growth in high throughput screening market due to several government initiatives, patents for innovative technologies, and collaborative activities with industry partners to facilitate drug discovery through HTS. Within EU countries, HTS is being supported through initiatives funded by the European Commission research program towards advancing scientific breakthroughs and rising research and development activities by the key market vendors to optimize healthcare solutions. The Middle East and African region represents a growing market for HTS, driven mainly by investments in infrastructure development by governments seeking to improve local biotechnology capabilities. The Asia-Pacific region has observed a developing landscape due to government support by investing heavily in life sciences and pharmaceutical research and government-supported HTS advancement through funding programs such as the Japan Agency for Medical Research and Development (AMED). The rapidly growing pharmaceutical industry, fueled by strong government support in healthcare initiatives and innovation in drug discovery by providing access to HTS facilities at academic institutions, contributed to the market growth in the APAC region.
Market Segmentation & Coverage:
This research report categorizes the High-Throughput Screening Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product & Service, market is studied across Consumables, Instruments, Services, and Software. The Consumables is further studied across Laboratory Equipment and Reagents & Assay Kits. The Instruments is further studied across Detection Systems and Liquid Handling Systems. The Services is projected to witness significant market share during forecast period.
Based on Screening Size, market is studied across 12-well Format, 1536-well Format, 24-well Format, 384-well Format, 48-well Format, 6-well Format, and 96-well Format. The 6-well Format is projected to witness significant market share during forecast period.
Based on Technology, market is studied across Cell-Based Assays, Lab-on-a-Chip Technology, and Label-Free Technology. The Cell-Based Assays is further studied across 2D Cell Culture, 3D Cell Culture, Perfusion Cell Culture, and Reporter-Based Assays. The 3D Cell Culture is further studied across Scaffold-Based Technology and Scaffold-Free Technology. The Scaffold-Based Technology is further studied across Hydrogels, Inert Matrix & Solid Scaffolds, and Micropatterned Surfaces. The Hydrogels is further studied across Alginate & Agarose, Animal-Derived Hydrogels, and Synthetic Hydrogels. The Animal-Derived Hydrogels is further studied across Collagen and Matrigel. The Scaffold-Free Technology is further studied across Hanging-Drop Plates and Ultra-Low Binding Plates. The Cell-Based Assays is projected to witness significant market share during forecast period.
Based on Application, market is studied across Biochemical Screening, Drug Discovery, and Life Sciences Research. The Life Sciences Research is projected to witness significant market share during forecast period.
Based on End User, market is studied across Academic & Research Institutes, Contract Research Organizations, and Pharmaceutical & Biotechnology Companies. The Academic & Research Institutes is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the High-Throughput Screening Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the High-Throughput Screening Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the High-Throughput Screening Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Aurora Biomed Inc., AXXAM S.p.A., Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., BMG LABTECH GmbH, Charles River Laboratories International, Inc., Corning Incorporated, Danaher Corporation, DIANA Biotechnologies, a.s., Eurofins Scientific SE, F. Hoffmann-La Roche AG, Hamilton Company, IRBM S.p.A., Lonza Group AG, Luminex Corporation, Merck KGaA, Molecular Devices, LLC, NanoTemper Technologies GmbH, PerkinElmer, Inc., Promega Corporation, Reprocell Inc., SYGNATURE DISCOVERY LIMITED, Tecan Trading AG, and Thermo Fisher Scientific Inc..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. High-Throughput Screening Market, by Product & Service
7. High-Throughput Screening Market, by Screening Size
8. High-Throughput Screening Market, by Technology
9. High-Throughput Screening Market, by Application
10. High-Throughput Screening Market, by End User
11. Americas High-Throughput Screening Market
12. Asia-Pacific High-Throughput Screening Market
13. Europe, Middle East & Africa High-Throughput Screening Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the High-Throughput Screening Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the High-Throughput Screening Market?
3. What is the competitive strategic window for opportunities in the High-Throughput Screening Market?
4. What are the technology trends and regulatory frameworks in the High-Throughput Screening Market?
5. What is the market share of the leading vendors in the High-Throughput Screening Market?
6. What modes and strategic moves are considered suitable for entering the High-Throughput Screening Market?
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