Press release
Drug Discovery Services Market 2025 | Growth Drivers, Key Developments, Market Growth, Future Insights, Investment
drug discovery services market size reached US$ 8.37 Billion in 2024 from US$ 8.01 Billion in 2023 and is expected to reach US$ 12.78 Billion by 2033, growing at a CAGR of 4.9% during the forecast period 2025-2033.Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/drug-discovery-services-market?kb
Key Development:
United States: Recent Industry Developments
✅ November 2025: Genentech expanded its drug discovery platform leveraging AI and machine learning to accelerate lead identification.
✅ August 2025: Pfizer partnered with biotech startups to integrate high-throughput screening and novel assay technologies.
✅ July 2025: The NIH announced increased funding for open-access drug discovery initiatives focusing on rare diseases.
Japan: Recent Industry Developments
✅ November 2025: Takeda Pharmaceuticals launched an AI-driven drug discovery collaboration with leading academic institutes.
✅ August 2025: Eisai advanced its small molecule screening capabilities through partnerships with technology firms.
✅ July 2025: Government incentives boosted private investments in computational drug discovery platforms.
GCC: Recent Industry Developments
✅ November 2025: Saudi Arabia's KAIMRC established a state-of-the-art drug discovery center focusing on oncology and infectious diseases.
✅ August 2025: UAE biotech firms partnered with global CROs to enhance preclinical drug screening services.
✅ July 2025: Qatar Science & Technology Park launched initiatives supporting AI-driven drug discovery startups.
Key Players:
Charles River Laboratories, Thermo Fisher Scientific Inc., Labcorp, WuXi AppTec, Evotec, Domainex, GenScript, and Pharmaron
Growth Forecast Projected:
The Global Drug Discovery Services Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Drug Discovery Services Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Service Type: Integrated Drug Discovery, Target Validation, Lead Optimization, Computational Chemistry, Medicinal Chemistry, ADME & DMPK, Biochemistry, and Others
By Application: Oncology, Neurology, Metabolic Disorders, Inflammatory Diseases, Immunology, and Others
Regional Analysis for Drug Discovery Services Market:
⇥ North America leads the drug discovery services market with the highest revenue share of 44.98% in 2024,
⇥ while Asia Pacific is the fastest-growing region, projected to expand at a CAGR of 5.7% during the forecast period.
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Drug Discovery Services producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Drug Discovery Services revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ's
Q1: What is the current size of the Drug Discovery Services Market?
A: In 2024, the Drug Discovery Services Market was valued at US$ 8.37 Billion, reflecting its strong industry presence.
Q2: How large is the Drug Discovery Services Market expected to be by 2033?
A: By 2033, industry forecasts suggest the Drug Discovery Services Market will grow to around US$ 12.78 Billion, demonstrating significant expansion.
Q3: What is the growth rate of the Drug Discovery Services Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.9% during the forecast period from 2025 to 2033.
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