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Drug Discovery Services Market Outlook to 2027 – Top Leading Players Covance, Evotec, Merck KGaA, Thermo Fisher Scientific, GenScript and Domainex

Press release   •   Mar 16, 2019 16:30 IST

Drug Discovery Services Market

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Worldwide Drug Discovery Services Market Analysis to 2027 is a specialized and in-depth study of the Drug Discovery Services Industry with a focus on the global market trend. The report aims to provide an overview of global Drug Discovery Services Market with detailed market segmentation by product/application and geography. The global Drug Discovery Services Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Drug Discovery Services players and offers key trends and opportunities in the market.

Drug discovery is the process by which drugs are discovered and formulated or designed for the pharmaceutical and biotechnology and biopharmaceutical industry. Drug discovery process involves identification of applicants, synthesis, characterization, screening, and assays for therapeutic efficacy. After the identification of the molecule for the development, they conduct experiments to gather further information.

The drug discovery services market is expected to grow during the forecast period owing to driving factors such as rising prevalence of chronic diseases, acute diseases, rise in the pharmaceutical and biotechnology industry among the others. The developing regions are likely to offer growth opportunities for the market in the forecast period.

Top Leading Market Players:

1. Covance Inc.
2. Evotec
3. Merck KGaA
4. Thermo Fisher Scientific Inc
5. GenScript
6. Domainex
7. WuXi AppTec
8. Selcia Limited
9. Charles River
10. SRI International

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Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Drug Discovery Services Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

MARKET SEGMENTATION

The global drug discovery services market is segmented on the basis of type, drug type, and therapeutic area. Based on type, the market is segmented as biology services, medicinal chemistry and drug metabolism and pharmacokinetics. On the basis of the drug type the segment is classified as biologics and small molecules. Similarly, on the basis of therapeutic area the segment is divided into cardiovascular diseases, oncology, neurology, diabetes, respiratory diseases and others.

Drug Discovery Services Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

The Drug Discovery Services Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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Reason to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Drug Discovery Services Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Drug Discovery Services, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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