Global Drug Discovery Outsourcing Market Size & Outlook
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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Drug Discovery Outsourcing Market Scope
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)
Reasons to subscribe to Global drug discovery outsourcing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global drug discovery outsourcing market databook
-
Our clientele includes a mix of drug discovery outsourcing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 size, by region, 2018-2030 (US$M)
Top 10 countries: Drug discovery outsourcing market size, 2022 (US$M)
Global drug discovery outsourcing market share, by workflow, 2022 & 2030 (%, US$M)
Drug discovery outsourcing market: Opportunity assessment by country
Global drug discovery outsourcing market, by region, 2022 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
