Germany Compound Management Market Size & Outlook
Germany compound management market, 2018-2030 (US$M)
Related Markets
Germany compound management market highlights
- The Germany compound management market generated a revenue of USD 30.6 million in 2022 and is expected to reach USD 96.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 15.5% 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.
Compound management market data book summary
| Market revenue in 2022 | USD 30.6 million |
| Market revenue in 2030 | USD 96.7 million |
| Growth rate | 15.5% (CAGR from 2022 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 6.6% of the global compound management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany compound management market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 60.1 million by 2030.
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Compound Management Market Scope
Compound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 61.11% in 2022. Horizon Databook has segmented the Germany compound management market based on product, service covering the revenue growth of each sub-segment from 2018 to 2030.
The compound management market in Germany is highly competitive, with both local and international players operating in the market. Some of the prominent players in the Germany compound management market are Evotec, Charles River Laboratories, Brooks Life Sciences, Hamilton Storage, and Labcyte.
These companies compete based on factors like pricing, quality of service, range of services offered, and customer support. The increasing demand for drug discovery and development services in Germany is expected to drive the growth of the compound management market and further intensify competition among players in the market.
In Germany, the regulations related to compound management are regulated by Paul Ehrlich Institute (PEI), Federal Institute for Drugs and Medical Devices (BfArM), and European Medicines Agency (EMA). The regulations include Centralized Procedure (CP), Mutual Recognition Procedure (MRP), Decentralized Procedure (DCP), and National Procedure.
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Target buyers of Germany 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 country-level data and insights on the Germany compound management market , including forecasts for subscribers. This country databook contains high-level insights into Germany compound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany compound management market size, by type, 2018-2030 (US$M)
Germany Compound Management Market Outlook Share, 2022 & 2030 (US$M)
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