Asia Pacific Compound Management Market Size & Outlook
Asia Pacific compound management market, 2018-2030 (US$M)
Related Markets
Asia Pacific compound management market highlights
- The Asia Pacific compound management market generated a revenue of USD 91.4 million in 2022.
- The market is expected to grow at a CAGR of 17.8% from 2023 to 2030.
- In terms of segment, product was the largest revenue generating type in 2022.
- Service is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 91.4 million |
| Market revenue in 2030 | USD 339.4 million |
| Growth rate | 17.8% (CAGR from 2022 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
| Key market players worldwide | Azenta Inc, Tecan Group AG, Hamilton Lane Inc Class A, Evotec SE, LiCONiC, SPT Labtech, BioAscent, Beckman Coulter, Axxam |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.6% of the global compound management market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 339.4 million by 2030.
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Compound Management Market Scope
Compound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific compound management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compound management market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 62.14% in 2022. Horizon Databook has segmented the Asia Pacific compound management market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
The Asian market is rapidly growing in the field of drug discovery & development, and many pharmaceutical companies and academic institutions in the region are investing heavily in R&D activities.
As a result, there is a growing need for efficient compound management systems to store and manage the increasing number of chemical compounds. In recent years, several compound management facilities have been established in Asia, which provide services such as chemical synthesis, purification, characterization, storage, and distribution of chemical compounds.
These facilities are equipped with advanced technologies and automated systems to ensure the quality & integrity of the compounds. In addition, academic institutions in Asia are also actively involved in compound management activities.
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Target buyers of Asia Pacific compound management market databook
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Our clientele includes a mix of compound management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific compound management market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific compound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific compound management market size, by country, 2018-2030 (US$M)
Asia Pacific Compound Management Market Outlook Share, 2022 & 2030 (US$M)
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