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 |
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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 2024. 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.
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.
Workflow | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
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North America | 942.0 | 1,017.4 | 1,100.2 | 1,173.4 | 1,258.9 | 1,349.8 | 1,446.5 | 1,549.2 | 1,650.4 | 1,750.4 | 1,848.8 | 1,977.7 | 2,115.8 | 6.7% |
Europe | 683.8 | 739.6 | 800.9 | 855.4 | 919.1 | 986.9 | 1,059.0 | 1,135.9 | 1,211.9 | 1,287.2 | 1,361.7 | 1,458.8 | 1,563.1 | 6.9% |
Asia Pacific | 577.9 | 635.0 | 698.5 | 757.5 | 826.6 | 901.2 | 981.9 | 1,069.2 | 1,158.0 | 1,248.5 | 1,340.7 | 1,457.5 | 1,585.1 | 8.5% |
Latin America | 247.9 | 271.3 | 297.1 | 321.0 | 348.7 | 378.7 | 411.0 | 445.8 | 480.9 | 516.6 | 552.5 | 598.5 | 648.6 | 8.1% |
MEA | 138.6 | 151.1 | 165.0 | 177.7 | 192.5 | 208.4 | 225.6 | 243.9 | 262.5 | 281.1 | 299.9 | 324.1 | 350.1 | 7.8% |
Overall | 2,590.2 | 2,814.4 | 3,061.7 | 3,285.0 | 3,545.8 | 3,825.0 | 4,124.0 | 4,444.0 | 4,763.7 | 5,083.8 | 5,403.6 | 5,816.6 | 6,262.7 | 7.4% |
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