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Exclusive Report on Drug Discovery Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Drug

The “Drug Discovery Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Drug Discovery Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Drug Discovery market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Drug Discovery Market Are:

  • Pfizer Inc.
  • GlaxoSmithKline PLC
  • Merck & Co. Inc.
  • Agilent Technologies Inc.
  • Eli Lilly and Company
  • F. Hoffmann
  • La Roche Ltd
  • Bayer AG
  • Abbott
  • AstraZeneca PLC
  • Shimadzu Corp.

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    Market Overview:

  • The propelling factors for the growth of the drug discovery market include the rising prevalence of a wide range of diseases (such as cardiovascular and CNS-related disorders), rising healthcare expenditure, and upcoming patent expiration of blockbuster drugs.
  • The diverse range of diseases, primarily cardiovascular disease, infectious diseases, diabetes, and kidney-related complications, has a high prevalence, globally. Thus, the increasing prevalence of a diverse range of diseases among all age groups and its burden, globally, drives the demand for drug discovery and its market.
  • There has been an upsurge in the usage of advanced technologies, such as high throughput, bioinformatics and combinatorial chemistry for better drug candidate identification. Drug discovery has evolved significantly with emerging technologies, helping the process to become more refined, accurate, and less time consuming. Due to automation, multi-detector readers, imaging hardware and software, high-throughput screening is one of the most widely used drug discovery technologies.
  • In recent years, there has been a rising demand for specialty medicines that is expected to ultimately influence the small molecule drug discovery market in a positive manner, as most of the specialty medicines are small molecules.
  • The gradual rise in the healthcare expenditure regionally helps the new pharmaceutical technology advancement. Although with high expenditure, there is a need for redirecting the resources, the transition toward better usability of healthcare expenditure for drug development is under progress.

    Scope of the Report:

  • As per the , drug discovery is a process, which aims at identifying a compound therapeutically useful in treating and curing diseases. Typically, a drug discovery effort addresses a biological target that has been shown to play a role in the development of the disease or starts from a molecule with interesting biological activities. In the recent past, drug discovery has evolved significantly with emerging technologies, helping the process to become more refined, accurate, and less time consuming.

    Drug Discovery Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Drug Discovery market?
    • What are the key market trends impacting the growth of the global Drug Discovery market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Drug Discovery market?
    • What are the market opportunities and threats faced by the vendors in the global Drug Discovery market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Drug Discovery market?

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    Key Market Trends:

    Biologics Drug is the Segment that is Expected to Grow Fastest under Drug Type

    A biologic drug is a product that is produced from living organisms or contains components of living organisms. Biologic drugs include a wide variety of products derived from human, animal, or microorganisms. Biologic drugs are used for the treatment of numerous diseases and conditions and are the most advanced therapies available. Biologic treatments are for autoimmune diseases, which include the treatments for rheumatoid arthritis, psoriasis, ulcerative colitis, Crohn’s disease, and a range of related disorders, and have continued to see increasing usage across geographies. The biologic drugs are expected to be fueled by innovations in oncology, autoimmune, and diabetes treatments, with particular important opportunities for biologics in the oncology and autoimmune sectors.

    The increasing applications of small molecule drugs for the treatment of chronic diseases are leading to the increased demand for these drugs in the market. Moreover, due to the aforementioned factors, small molecule drugs dominate the biologics in the current healthcare market.

    Asia-Pacific Holds the Fastest Growth and is Expected to Follow the Same Trend Over the Forecast Period

    The Asia Pacific is the fastest-growing region, due to the presence of skilled labor at an affordable cost, the rise in disposable income, and favorable government policies that are contributing to the market growth. There has also been phenomenal growth in the outsourcing companies in the Chinese region, over the last decade, which has complemented the restructuring of the R&D that has taken place. Thus, owing to the large deals of pharmaceutical companies and more number of research being done, the market for drug discovery is expected to grow.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Drug Discovery Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Drug Discovery.

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    Report Objectives:

    • Analyzing the size of the Drug Discovery market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Drug Discovery market.
    • Determining the key dynamics of the Drug Discovery market.
    • Highlighting significant trends of the Drug Discovery market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Drug Discovery market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Drug Discovery market.

    Detailed TOC of Drug Discovery Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Prevalence of a Diverse Range of Diseases
    4.2.2 Technological Advancements and Innovations
    4.2.3 Increasing Healthcare Expenditure
    4.2.4 Patent Expiration of Blockbuster Drugs
    4.3 Market Restraints
    4.3.1 Huge Capital Investment with Low-profit Margins
    4.3.2 Stringent Government Regulations
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Drug Type
    5.1.1 Small Molecule Drug
    5.1.2 Biologic Drug
    5.2 By Technology
    5.2.1 High Throughput Screening
    5.2.2 Biochips
    5.2.3 Bioinformatics
    5.2.4 Pharmacogenomics and Pharmacogenetics
    5.2.5 Combinatorial Chemistry
    5.2.6 Nanotechnology
    5.2.7 Spectroscopy
    5.2.8 Metabolomics
    5.2.9 Other Technologies
    5.3 By Service
    5.3.1 Drug Metabolism and Pharmacokinetics (DMPK) Services
    5.3.2 Pharmaceutical Services
    5.3.3 Chemical Services
    5.3.4 Biological Services
    5.4 By End User
    5.4.1 Research Institutes
    5.4.2 Pharmaceutical Companies
    5.4.3 Contract Research Organizations(CROs)
    5.4.4 Other End Users
    5.5 Geography
    5.5.1 North America
    5.5.1.1 United States
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 United Kingdom
    5.5.2.2 Germany
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East & Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East & Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Pfizer Inc.
    6.1.2 GlaxoSmithKline PLC
    6.1.3 Merck & Co. Inc.
    6.1.4 Agilent Technologies Inc.
    6.1.5 Eli Lilly and Company
    6.1.6 F. Hoffmann-La Roche Ltd
    6.1.7 Bayer AG
    6.1.8 Abbott
    6.1.9 AstraZeneca PLC
    6.1.10 Shimadzu Corp.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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