An exciting new study from the team of Lucintel found that drug discovery services market is expected to reach $37.3 billion by 2028 with a CAGR of 14.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The drug discovery
services market is segmented based on process, type, drug type, therapeutic
area, end users, and region. In this market, chemistry services is expected to
remain the largest type, and pharmaceutical & bioend users companies
segment is expected to remain the largest end users. Players can benefit from
the available opportunities like supportive financial investment in the R&D
activities by pharmaceutical and biopharmaceutical companies, availability of advanced
equipment for continuous drug discovery research, and presence of key CROs in
the region.
Eurofins Scientific,
Evotec SE, Charles River Laboratories International, and GenScript, Thermo
Fisher Scientific, Oncodesign Services, ChemPartner Co., DiscoverX Corp.,
QIAGEN, Domainex Ltd are some of the major players profiled in this 150 page
report.
Request Sample Pages by clicking on https://www.lucintel.com/drug-discovery-services-market.aspx.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the drug discovery services
market by process (target selection, target validation, hit-to-lead
identification, lead optimization, and candidate validation), type (chemistry
services and biology services), drug type (small-molecule drugs and biologics),
therapeutic area (oncology, neurology, cardiovascular diseases, respiratory
diseases, and diabetes and other therapeutic areas), end users (pharmaceutical
& biotechnology companies, academic institutes, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the business
risks and threats to the drug discovery services market?
Q.4 What are some
changing demands of customers in the drug discovery services market?
Q.5 What are the new
developments in the drug discovery services market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this drug discovery services area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this drug discovery services
market?
This unique report from Lucintel will enable you to make
confident business decisions in this globally competitive marketplace. For a
detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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