Global High-Throughput Screening Market Analysis, Size, Share, Development and Demand Forecast to 2022

The global high throughput screening market is witnessing considerable growth due to increasing geriatric population, increasing healthcare expenditure, increasing research and development activities, launch of technologically advanced products that are miniaturized and automated and growing popularity of high-throughput screening for drug discovery. Moreover, high adoption of high-throughput screening models in pharmaceutical and biotechnology companies across the globe is supporting the growth of the market. Based on technology, 2D cell culture segment is expected to grow at the fastest rate during the forecast period owing to its low cost and ease of use.

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The rapid growth in emerging economies and growing research and development activities on stem cells and toxicology is expected to create opportunities for the manufacturers of high-throughput screening products. However, high cost of high-throughput screening, lack of trained professionals and complexity in assay development are the key factors hampering the growth of the global market.

High-throughput screening is a method that uses automation and large dataset processing to quickly assay the biological activity of large numbers of compounds, proteins and genes. High-throughput screening is used for drug discovery, target identification, biochemical screening, protein stabilization, and cell and organismal-based screening. It helps in optimizing substrate concentration, protein concentration and identification of physiologically relevant controls.

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The key players operating in the global market are Agilent Technologies, Inc, Danaher Corporation, Thermo Fisher Scientific Inc., Merck Millipore, Bio-Rad Laboratories, Inc., Hamilton Company and Aurora Biomed, Inc.

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