Strong Growth Ahead: High Throughput Screening (HTS) Market Size To Grow At Arecord 9% Cagr By 2029

The High Throughput Screening (HTS) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the High Throughput Screening (HTS) Market Size Expected to Be by 2034?
The market size for high throughput screening (HTS) has seen substantial growth in recent years. There is expected growth from $22.98 billion in 2024 to $25.49 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.9%. The growth observed in the historical period is because of the expanding usage of high-throughput screening, an increase in research and development expenditure, the surge in available research funding, a rise in healthcare spending, and competitive market conditions.

The size of the high throughput screening (HTS) market is projected to experience significant expansion in the forthcoming years. The market is set to reach $36 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.0%. Factors contributing to this anticipated growth during the forecast period include an expanding market size and rate of growth, strategic actions taken by leading players, a surge in demand for disease monitoring and drug discovery, increasing incidence of chronic diseases, and a heightened focus on the implementation of ultra high throughput screening (UHTS) techniques. Trends to watch during the forecast period are advancements in high-throughput screening technology and an intensified focus on utilizing ultra high throughput screening (UHTS) techniques.

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What Are the Emerging Segments Within 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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What Long-Term Drivers Are Shaping High Throughput Screening (HTS) Market Trends?
An increase in chronic disease occurrences, defined as health conditions or illnesses lasting three months or more, is predicted to boost the high-throughput screening (HTS) market's expansion. HTS facilitates the quick screening of multiple chemical compounds to identify likely drug candidates to target particular pathways or mechanisms involved in chronic illnesses, which is critical for their successful long-term control. For example, the National Library of Medicine, an American government agency, reported in January 2023 that by 2050, the number of Americans aged 50 and over with at least one chronic condition is set to rise to 142.66 million. Thus, the growing prevalence of chronic diseases will indeed fuel the high-throughput screening (HTS) market's progression.

Who Are the Top Competitors in Key High Throughput Screening (HTS) Market Segments?
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

What Are the Major Trends Shaping the High Throughput Screening (HTS) Market?
Leading corporations in the high-throughput screening market are pioneering new products like multimode plate readers, offering advanced features to their clients. Multimode plate readers (MPR) are sophisticated laboratory instruments utilized in high-throughput screenings for the analysis of chemical and biological samples in microplates. They combine different detection modes for various assays in a single unit. For example, PerkinElmer Inc., a medical technology company from the US, introduced the EnVision Nexus system in February 2023. This system is notably the quickest and most sensitive multimode plate reader available, expressly crafted for the rigorous requirements of high-throughput screening (HTS) used in faster drug discovery processes. Leveraging exclusive technology including dual detectors, optimized reagents like the proprietary HTRF and AlphaLISA formulae, combined with the newest reagent kits, this platform gives scientists remarkable assay adaptability, precision, speed, and sensitivity. With convenient features like a stacker for 20 or 50 plates and complete automation for continuous 24/7 workflow, the EnVision Nexus System enables researchers to screen millions of samples with extraordinary efficiency.

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Which Regions Are Becoming Hubs for High Throughput Screening (HTS) Market Innovation?
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.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the High Throughput Screening (HTS) Market?
2. What is the CAGR expected in the High Throughput Screening (HTS) Market?
3. What Are the Key Innovations Transforming the High Throughput Screening (HTS) Industry?
4. Which Region Is Leading the High Throughput Screening (HTS) Market?

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