Global Drug Discovery Outsourcing Market Size & Outlook
The drug discovery outsourcing industry worldwide is expected to reach a projected revenue of US$ 6,262.7 million by 2030. A compound annual growth rate of 7.4% is expected of the worldwide drug discovery outsourcing industry from 2023 to 2030.
Revenue, 2022 (US$M)
$3,545.8
Forecast, 2030 (US$M)
$6,262.7
CAGR, 2023 - 2030
7.4%
Report Coverage
Worldwide
Global drug discovery outsourcing market, 2018-2030 (US$M)
Related Markets
Global drug discovery outsourcing market highlights
- The global drug discovery outsourcing market generated a revenue of USD 3,545.8 million in 2022 and is expected to reach USD 6,262.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.4% by 2030.
- In terms of segment, lead identification & candidate optimization accounted for a revenue of USD 1,153.3 million in 2022.
- Other Associated Workflow is the most lucrative workflow segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 3,545.8 million |
| Market revenue in 2030 | USD 6,262.7 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Lead identification & candidate optimization |
| Fastest growing segment | Other Associated Workflow |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Target Identification & Screening, Target Validation & Functional Informatics, Lead Identification & Candidate Optimization, Preclinical Development, Other Associated Workflow |
Other key industry trends
- In terms of revenue, the North America accounted for 35.5% of the global drug discovery outsourcing market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,668.3 million by 2030.
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Drug Discovery Outsourcing Market Scope
Drug discovery outsourcing market segmentation & scope
Target Identification & Screening
Target Validation & Functional Informatics
Lead Identification & Candidate Optimization
Preclinical Development
Other Associated Workflow
Respiratory System
Pain and Anesthesia
Oncology
Ophthalmology
Hematology
Cardiovascular
Endocrine
Gastrointestinal
Immunomodulation
Anti-Infective
Central Nervous System
Dermatology
Genitourinary System
Drug Discovery Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global drug discovery outsourcing 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 drug discovery outsourcing market will help companies and investors design strategic landscapes.
lead identification & candidate optimization was the largest segment with a revenue share of 32.53% in 2022. Horizon Databook has segmented the Global drug discovery outsourcing market based on target identification & screening, target validation & functional informatics, lead identification & candidate optimization, preclinical development, other associated workflow covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Drug Discovery Outsourcing Workflow Outlook (Revenue, USD Million, 2018-2030)
- Target Identification & Screening
- Target Validation & Functional Informatics
- Lead Identification & Candidate Optimization
- Preclinical Development
- Other Associated Workflow
- Global Drug Discovery Outsourcing Therapeutic Area Outlook (Revenue, USD Million, 2018-2030)
- Respiratory System
- Pain and Anesthesia
- Oncology
- Ophthalmology
- Hematology
- Cardiovascular
- Endocrine
- Gastrointestinal
- Immunomodulation
- Anti-Infective
- Central Nervous System
- Dermatology
- Genitourinary System
- Global Drug Discovery Outsourcing Drug Type Outlook (Revenue, USD Million, 2018-2030)
- Small Molecules
- Large Molecules (Biopharmaceuticals)
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Target buyers of Global drug discovery outsourcing market databook
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Our clientele includes a mix of drug discovery outsourcing 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 global-level data and insights on the Global drug discovery outsourcing market , including forecasts for subscribers. This global databook contains high-level insights into Global drug discovery outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global drug discovery outsourcing market outlook statistics, by region, 2018-2030 (US$M)
Top 10 countries: Drug discovery outsourcing market size, 2022 (USD Million)
Top 10 countries: Drug discovery outsourcing market size, 2022 (USD Million)
Global drug discovery outsourcing market, by region, 2022 (US$M)
Related regional statistics
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