Drug discovery service market Leading Player Profiles, Sizes, Shares, Growth and Trends by 2027

 Drug Discovery Services Market Research Report: Drug Type (Small Molecular Drugs, Biologics), Type (DMPK, Pharmaceutical Services, Others), Treatment Area (Oncology, Others), Process, Technology, End User -2027 Global Forecast

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Drug Discovery Services Market – Segment

MRFR has divided the analysis into seven major dynamics for a better understanding:

By drug type : small molecule drugs and biopharmacy

By type of service : Pharmaceutical Metabolism & Pharmacokinetics (DMPK) Services, Pharmaceutical Services, Medicinal Chemistry, Biological Services, etc.

By treatment area : oncology, neurology, cardiovascular disease, respiratory disease, diabetes, etc.

By process : target selection, target validation, hit-to-read identification, lead optimization, and candidate validation.

By technology : High-throughput screening, biochip, pharmacogenomics & pharmacogenomics, combinatorial chemistry, nanotechnology, spectroscopy, metabolomics, etc.

By end user : hospitals / clinics, pharmaceutical companies, biotechnology companies, research institutes, etc.

By region : Europe, North America, APAC and other worlds.

Drug Discovery Services Market-Geographical Analysis:

Globally, the North American region dominates the drug discovery services market as drug consumption increases . The market is expected to grow at a strong CAGR, creating a large revenue pocket by the end of the review period. This is from all over the world. In addition, factors such as increased prevalence of chronic diseases, higher medical costs, and increased demand for new drug discoveries are demonstrating the growth of the drug discovery services market in the North American region.

The European region occupies the second largest market for drug discovery services, which is expected to grow at a significant CAGR. Government financial support for research and development, along with the expiration of patents for various blockbuster drugs, is estimated to promote the regional drug discovery services market. In addition, the fast-growing pharmaceutical industry drives regional market growth.

The Asia-Pacific region is rapidly emerging as a promising market for drug discovery services due to its cost-competitive skilled workforce and raw material availability. Factors such as the huge development of the pharmaceutical sector, the demand for breakthrough drug discovery, and the huge patient pool will drive regional market growth.

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Leading companies :
Advinus Therapeutics, Abbott Laboratories, Agilent Technologies Ubikigent, AstraZeneca PLC, Albany Molecular Research, Inc. (AMRI), Aurigene, Charles River Laboratories International, Bayer AG, Chembridge Corporation, Eli Lilly and Company, Covans, Evotech, GE Healthcare, Domenex, F. Hoffman La Smith, Grak GenScript, GVK Bioscience, Ronza, Jubilanto Biosis, Merck, Pyramal Enterprise, Pharmaceutical Product Development, LLC (PPD), Promega Corporation, Shimadzu Co., Ltd., Celsia Limited, SRI International, Thermo Fisher Scientific, Agilent International Co., Ltd., Viva Biotech, WuXi AppTec.

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