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Global Fragment-based Drug Discovery Market: Segment Snapshot and Table of Content (2015-2023)

12-19-2017 06:01 AM CET | Health & Medicine

Press release from: Transparency Market Research

Global Fragment-based Drug Discovery Market: Segment Snapshot

Global Fragment-based Drug Discovery Market: Lower Efficiency of Drugs to pull down the Market Growth Whereas Cost Effectiveness to Support the Rise, finds TMR

The fragment-based drug discovery market is likely to witness a growth at a steady CAGR of 14.4% from 2015 to 2023 in terms of revenue. The rise in CAGR of fragment-based drug discovery can be credited to the factors such as efficiency, moderate controlling property, and it’s highly competitive nature in the market. The revenue was expected to grow worth US$435.6 mn at the end of 2016, and by the end of 2023, the market is evaluated to reach US$1.15 bn. Based on geographical regions, North American region is dominating the other ones. The market evaluation of the region is anticipated to be around 45.4% of the entire market, by the end of 2023. Even though the statistics are likely to drop as compared to those in 2014, but still the region is expected to dominate without any competition or external obstruction.

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The Global Fragment-based Drug Discovery Market is segmented on the basis of Services Component, End-user and Geography.

The global fragment-based drug discovery market has been segmented into fragment screening and fragment optimization. The fragment screening segment is further sub-segmented into biophysical techniques and non-biophysical techniques. Biophysical techniques include isothermal titration calorimetry (ITC), nuclear magnetic resonance (NMR) spectroscopy, fluorescence polarization (FP), differential scanning fluorimetry (DSF), surface plasmon resonance, X-ray crystallography, assay (thermal shift), biolayer interferometry, capillary electrophoresis, mass spectrometry, and others (biochemical assays). The end-use applications encouraging the growth of this market are CROs, biopharmaceutical companies, and academic and research institutions. Geographically, the global fragment-based drug discovery market is divided into regions such as North America, Asia Pacific, Europe, Latin America, and Rest of the World.

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North America dominated the global fragment-based drug discovery market due to growing awareness about this sector and the high level of its adoption by pharmaceutical companies. However, in the coming years, the Asia Pacific fragment-based drug discovery market will witness phenomenal growth due to the growing number of research and development activities.

Summary of Table of Content

1 Preface
2 Executive Summary
3 Fragment-based Drug Discovery Market Overview
4 Market Segmentation – By Services Component
5 Market Segmentation – By End-user
6 Fragment-based Drug Discovery Market - Regional Analysis
7 Company Profiles

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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