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Unlocking Genetic Potential: DNA Encoded Library Market Forecasted to Surge to $13.7 Billion by 2030

04-30-2024 08:35 AM CET | Health & Medicine

Press release from: MarketDigits

Unlocking Genetic Potential: DNA Encoded Library Market

The DNA Encoded Library Market was valued USD 4.25 Billion in 2023 and projected to reach USD 13.7 Billion by 2030, growing at a CAGR of 18.2% during the forecast period of 2023-2030.

The DNA Encoded Library (DEL) market is experiencing rapid growth as pharmaceutical companies and biotech firms embrace this innovative technology to accelerate drug discovery and development. DNA encoded libraries offer a vast collection of small molecule compounds linked to unique DNA barcodes, enabling high-throughput screening and lead identification against diverse biological targets. In this overview, we delve into key insights, trends, and recent industry developments shaping the DNA Encoded Library market.

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Major vendors in the global DNA Encoded Library Market Amgen, ComInnex, Dice, DyNAbind, GSK, HitGen, HotSpot Therapeutics, Merck KGaA, Novartis, Nurix Therapeutics, Philochem, Vipergen, and X-Chem and others.

Key Insights:

Efficiency in Drug Discovery: DNA encoded libraries revolutionize the drug discovery process by providing access to millions to billions of unique compounds in a single experiment. This vast molecular diversity facilitates the identification of novel lead compounds with desired pharmacological properties, significantly reducing the time and resources required for hit generation and optimization.

Target Diversity and Flexibility: DNA encoded libraries encompass a wide range of chemical scaffolds and functional groups, allowing screening against diverse target classes, including enzymes, receptors, and protein-protein interactions. This target diversity enables researchers to explore novel therapeutic modalities and address challenging biological targets implicated in various diseases.

Scalability and Cost-effectiveness: The modular nature of DNA encoded libraries enables rapid synthesis and expansion of compound collections, making them highly scalable and cost-effective compared to traditional small molecule libraries. This scalability facilitates large-scale screening campaigns and enables researchers to explore chemical space more comprehensively, increasing the likelihood of identifying potent and selective lead compounds.

Integration with Informatics and Machine Learning: Informatics tools and machine learning algorithms play a crucial role in analyzing and interpreting screening data generated from DNA encoded library screenings. Advanced data analytics enable the identification of structure-activity relationships (SARs), prediction of compound properties, and prioritization of lead candidates, enhancing decision-making and accelerating drug discovery workflows.

Read More :https://www.marketdigits.com/dna-encoded-library-market-1705393450

Major Segmentations Are Distributed as follows:

By Type:
Screening service / Hit identification
Development and DNA-encoded Library Service Kits
Hit optimization / Validation
Custom library design / Synthesis
In-house Drug
Others

By Therapeutic Area:
Oncological Disorders
Immunological Disorders
Neurological Disorders
Respiratory Disorders
Dermatological Disorders
Cardiovascular Disorders
Infectious Diseases
Others

By Application:
Pharmaceutical and Biotech Companies
Research Institutes
Others

By Region
North America
U.S.
Canada

Latin America
Brazil
Mexico
Argentina
Colombia
Chile
Peru
Rest of Latin America

Europe
Germany
France
Italy
Spain
U.K.
BENELUX
CIS & Russia
Nordics
Austria
Poland
Rest of Europe

Asia Pacific
China
Japan
South Korea
India
Thailand
Indonesia
Malaysia
Vietnam
Australia & New Zealand
Rest of Asia Pacific

Middle East & Africa

Saudi Arabia
UAE
South Africa
Nigeria
Egypt
Israel
Turkey
Rest of MEA
Recent Developments

In March 2023, Philogen in collaboration with Google announced the publication of a new study focused on the utilization of Machine Learning models for the screening of DNA-Encoded Chemical Libraries (DELs).

In January 2023, X-Chem announced the expansion of its collaboration with Kymera Therapeutics to serve as the primary provider of DNA-encoded library (DEL)-based screening services to Kymera.
Key Trends:

Customized Library Design: Companies offer customized DNA encoded library design services tailored to specific target classes, therapeutic areas, or research objectives. Custom libraries enable researchers to access curated compound collections enriched with chemical diversity relevant to their drug discovery programs, maximizing the chances of identifying lead compounds with desired biological activity.

Fragment-based Drug Discovery (FBDD): Fragment-based screening using DNA encoded libraries emerges as a powerful approach for identifying high-quality lead compounds with optimal ligand efficiency and drug-like properties. Fragment libraries composed of smaller, low molecular weight compounds facilitate efficient sampling of chemical space and enable rapid hit identification and optimization.

Collaborative Partnerships and Consortia: Collaborative initiatives and consortia bring together industry stakeholders, academic institutions, and technology providers to advance the field of DNA encoded library screening. Partnerships foster knowledge exchange, resource sharing, and access to cutting-edge technologies, driving innovation and accelerating drug discovery efforts across multiple therapeutic areas.

Expansion into New Applications: DNA encoded library technology extends beyond traditional drug discovery applications to include areas such as chemical biology, fragment-based lead discovery, and protein-protein interaction modulation. The versatility of DNA encoded libraries enables researchers to address diverse research questions and explore new avenues for therapeutic intervention, expanding the market opportunities for DEL technology.

Recent Industry Developments:

Technology Advancements: Companies continue to innovate and enhance DNA encoded library synthesis methods, screening platforms, and informatics tools to improve efficiency and performance. Advances in DNA synthesis chemistry, miniaturization techniques, and next-generation sequencing technologies enable higher throughput screening and data analysis, driving adoption and competitiveness in the market.

Strategic Collaborations and Licensing Agreements: Leading pharmaceutical companies collaborate with DEL technology providers to access proprietary compound libraries and screening platforms for their drug discovery programs. Strategic partnerships and licensing agreements facilitate technology transfer, knowledge exchange, and co-development opportunities, accelerating the translation of research into novel therapeutics.

Investment and Funding: Venture capital firms and private investors show increasing interest in the DNA encoded library market, providing funding to technology startups and emerging companies. Investment supports research and development efforts, product commercialization, and market expansion initiatives, fueling innovation and growth in the DEL market.

Regulatory Considerations: Regulatory agencies develop guidelines and best practices for the use of DNA encoded libraries in drug discovery and development. Regulatory considerations include data integrity, assay validation, and compound characterization to ensure the reliability and reproducibility of screening results for lead optimization and preclinical development.

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In conclusion, the DNA Encoded Library market holds immense promise for transforming drug discovery and addressing unmet medical needs across various therapeutic areas. With ongoing advancements in technology, customization capabilities, and collaborative partnerships, DNA encoded libraries are poised to become indispensable tools in the quest for innovative therapeutics, driving efficiency, and success in the drug development process.

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MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.

We offer services that are most relevant and beneficial to the users, which help businesses to sustain themselves in this competitive market. Our detailed and in-depth analysis of the markets catering to strategic, tactical, and operational data analysis & reporting needs of various industries utilize advanced technology so that our clients get better insights into the markets and identify lucrative opportunities and areas of incremental revenues.

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