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Leading Element Driving Change in the High Throughput Screening (HTS) Market in 2025: Growing Prevalence Of Chronic Diseases Fuels High-Throughput Screening Market Expansion Driver
High Throughput Screening HTS Market Size
The high throughput screening (HTS) market will grow from $22.98 billion in 2024 to $25.49 billion in 2025, reflecting a CAGR of 10.9%. The market growth is driven by the increasing adoption of HTS, rising R&D spending, the growing availability of funds for research, increased healthcare spending, and a competitive market landscape.
The High Throughput Screening (HTS) market is expected to grow to $36 billion by 2029, at a CAGR of 9.0%. The rise in disease monitoring, drug discovery, and UHTS techniques are key drivers. Trends include technological advancements in screening methods and a focus on UHTS.
What Are the Forces Behind the Rapid Growth of the High Throughput Screening (HTS) Market?
The rise in chronic disease prevalence is expected to propel the growth of the high-throughput screening (HTS) market. Chronic diseases are long-term health conditions that persist for extended periods, often lasting for three months or more. HTS allows for the rapid screening of a wide range of chemical compounds to identify potential drug candidates targeting specific mechanisms involved in chronic diseases, which is vital for their effective long-term management. For example, in January 2023, the National Library of Medicine projected that by 2050, the number of individuals aged 50 and older in the U.S. with at least one chronic condition would rise to 142.66 million. This increasing prevalence of chronic diseases is driving the growth of the high-throughput screening market.
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Who Are the Dominant Companies Influencing High Throughput Screening (HTS) Market Trends?
Major companies operating in the high throughput screening (HTS) market are Thermo Fisher Scientific Inc., AstraZeneca Plc, Danaher Corporation, Merck Group, GE HealthCare Technologies Inc., Corning Inc., Agilent Technologies Inc., Lonza Group Ltd., Charles River Laboratories International Inc, Beckman Coulter Inc., PerkinElmer Inc., Bio-Rad Laboratories, Tecan Group Ltd., Sygnature Discovery Ltd., Luminex Corporation, Hamilton Company, Crown Bioscience Inc., HighRes Biosolutions, NanoTemper Technologies GmbH, BMG LABTECH GmbH, Axxam SpA, Reprocell Inc., BioTek Instruments Inc, Aurora Biomed Inc., Cyclica Inc., Biomat Srl, Diana Biotechnologies s.r.o
How Is the High Throughput Screening (HTS) Market Evolving?
In the high-throughput screening market, companies are developing products like multimode plate readers to provide advanced features for their customers. A multimode plate reader is a versatile lab tool for analyzing biological and chemical samples. For instance, in February 2023, PerkinElmer Inc., a US-based MedTech company, launched the EnVision Nexus system, a cutting-edge multimode plate reader designed for high-throughput screening applications in drug discovery. This system offers superior flexibility, speed, and accuracy with innovative features like dual detectors and proprietary reagents.
What Are the Different Segmentations in the High Throughput Screening (HTS) Market?
The high throughput screening (HTS) market covered in this report is segmented -
1) By Products And Services: Consumables And Reagents, Instruments, Software And Services
2) By Technology: Ultra-High-Throughput Screening, Cell-Based Assays, Lab-On-A-Chip, Label-Free Technology
3) By Application: Target Identification And Validation, Primary And Secondary Screening, Toxicology Assessment, Other Applications
4) By End User: Pharmaceuticals And Biotechnology Industry, Academics And Research Institute, Contract Research Organization, Other End Users
Subsegments:
1) By Consumables And Reagents: Assay Plates, Reagents And Assay Kits, Sample Preparation Kits, Detection Reagents
2) By Instruments: Automated Liquid Handlers, Plate Readers, Robotics And Automation Systems, Microfluidic Devices
3) By Software And Services: Data Analysis Software, HTS Management Software, Consulting Services, Maintenance And Support Services
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Which Region Is at the Forefront of the High Throughput Screening (HTS) Market?
North America was the largest region in the high throughput screening market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high throughput screening (HTS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The High Throughput Screening (HTS) Global Market Report?
- Market Size Analysis: Analyze the High Throughput Screening (HTS) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the High Throughput Screening (HTS) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall High Throughput Screening (HTS) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the High Throughput Screening (HTS) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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