Press release
High Throughput Screening (HTS) Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
High Throughput Screening HTS Market Size
The growth of the high-throughput screening (HTS) market is predicted to be fueled by the increasing occurrence of chronic diseases. Chronic diseases refer to health conditions or illnesses that are long-lasting, typically persisting for more than three months. HTS facilitates the swift examination of numerous chemical compounds to identify potential drug candidates targeting specific pathways or mechanisms involved in chronic diseases, which is critical for their effective, prolonged management. For example, the National Library of Medicine, a US governmental agency, reported in January 2023 that the population of individuals in the US aged 50 and above with at least one chronic condition is expected to surge to 142.66 million by 2050. Hence, the growing prevalence of chronic diseases is predicted to spur the growth of the high-throughput screening (HTS) market.
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What growth opportunities are expected to drive the high throughput screening (hts) market's CAGR through 2034?
The market size for high throughput screening (HTS) has seen rapid expansion in recent years. The market is anticipated to jump from $22.98 billion in 2024 to $25.49 billion in 2025, with a compound annual growth rate (CAGR) of 10.9%. The growth experienced in the previous years derives from factors like the escalating adoption of high-throughput screening, increase in research and development expenditure, expanding funds for research purposes, growth in healthcare spending and a competitive market environment.
Anticipations are high for the high throughput screening (HTS) market, as it is projected to witness substantial growth in the upcoming years. By 2029, it is predicted to be worth $36 billion, with a compound annual growth rate (CAGR) of 9.0%. This growth during the forecast period is believed to be propelled by factors such as an expanding market size and growth rate, strategic initiatives from major players, increased need for disease monitoring and drug discovery, growing incidences of chronic diseases, and an intensified focus on the application of ultra high throughput screening (UHTS) techniques. The forecast period also points towards notable trends like technological advancements in high-throughput screening, along with a continued emphasis on the application of ultra high throughput screening (UHTS) techniques.
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What are the emerging trends shaping the future of the high throughput screening (hts) market?
Leading firms in the high-throughput screening arena are creating innovative offerings like multimode plate readers to enhance their customer service with superior features. The multimode plate reader is a next-generation laboratory instrument used in high-throughput screening to analyze bio-chemical samples using microplates. It amalgamates several detection modes for a variety of tests within one system. For instance, in February 2023, PerkinElmer Inc., an American healthcare tech firm, introduced the EnVision Nexus system. This particular system is recognized as the swiftest and highest sensitivity multimode plate reader specifically tailored for high-throughput screening applications to speed up drug discovery processes. The platform, armed with unique technology including dual detectors and refined reagents like proprietary HTRF and AlphaLISA along with the most current reagent kits, provides researchers with unmatched assay versatility, precision, speed, and sensitivity. The EnVision Nexus system, enriched with user-friendly amenities such as a plate stacker for 20 or 50 plates or complete automation and integration for continual 24/7 workflow operations, allows researchers to screen millions of samples with unmatched efficiency.
Which growth-oriented segments of the high throughput screening (hts) market are leading the industry's development?
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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What regions are leading the charge in 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 companies are at the forefront of innovation in the high throughput screening (hts) market?
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
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What Is Covered In The High Throughput Screening (HTS) Global Market Report?
•Market Size Forecast: Examine the high throughput screening (hts) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the high throughput screening (hts) market for a structured understanding.
•Key Players Overview: Analyze major players in the high throughput screening (hts) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the high throughput screening (hts) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the high throughput screening (hts) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the high throughput screening (hts) market.
•Industry Challenges: Identify potential risks and obstacles affecting the high throughput screening (hts) market.
•Competitive Landscape: Review strategic developments in the high throughput screening (hts) market, including expansions, agreements, and new product launches.
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