The Rapid Growth of the Global DNA Encoded Library Market is driven by increasing R&D activities in drug discovery
The global DNA encoded library market enables rapid drug discovery process for various therapeutic areas such as oncology, immuno-oncology and immunology. DNA encoded libraries have transformed the process of drug discovery with its ability to screen millions of compound structures in parallel. The libraries have diverse range of compound libraries that can interact with biological targets of interests.
The Global DNA Encoded Library Market is estimated to be valued at USD 0.91 Billion in 2024 and is expected to reach USD 2.60 Billion by 2031, growing at a compound annual growth rate (CAGR) of 16.4% from 2024 to 2031.
The rising prevalence of various chronic diseases along with growing focus on precision medicine to develop targeted therapies has increased the demand for efficient drug discovery methods. Global DNA Encoded Library Market provide an improved platform for screening millions of compounds in parallel to identify potential drug candidates
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Get this Report in Japanese Language: 世界の DNA エンコードライブラリ市場
Get this Report in Korean Language: 글로벌 DNA 인코딩 라이브러리 시장
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