Drug Discovery Services Market Analysis Distribution, End-Users, Growth Factors, Competitive Landscape and Forecast
Drug Discovery Services Market Report 2025 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance, the global drug discovery market is expected to display a positive market trend over the forecast period to 2030, exhibiting a CAGR of 6.50%.
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Rising prevalence of chronic diseases, acute diseases, rise in the pharmaceutical and biotechnology industry among the others are some of the factors that have supported long-term expansion for Drug Discovery Services Market.
Regional Analysis
North America accounted for the largest share of the drug discovery services market. The large share of this market segment can be attributed majorly to the presence of well-established CROs, rising R&D expenditure by pharmaceutical & biopharmaceutical companies, and the availability of latest techniques, instruments, and facilities for drug discovery research.
Recent Developments
· Covance entered into a partnership with Medable to expedite the adoption of decentralized trial technology
· Eurofins entered into partnership with Pharma Resources (China). This partnership enabled both companies to build a joint drug discovery platform to accelerate small molecule drug development.
Key Players of Drug Discovery Services Market
· Covance Inc.
· Evotec
· Merck KGaA
· Thermo Fisher Scientific Inc
· GenScript
· Domainex
· WuXi AppTec
· Selcia Limited
· Charles River
· SRI International and More
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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In addition to the market data for Drug Discovery Services Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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