Market revenue in 2022 | USD 192.5 million |
Market revenue in 2030 | USD 350.1 million |
Growth rate | 7.8% (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 |
Key market players worldwide | Albany Molecular Research, Evotec SE, Labcorp Holdings Inc, GenScript ProBio, Pharmaceutical Product Development, Charles River Laboratories International Inc, Wuxi AppTec Co Ltd, Merck & Co Inc, Thermo Fisher Scientific Inc, Dalton Pharma Services, Jubilant Biosys, Qiagen NV, Eurofins Scientific SE, Dr. Reddy’s Laboratories, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, TCG Lifesciences, Syngene, Oncodesign, DiscoveRX, Domainex |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
MEA drug discovery outsourcing market is estimated to have relatively slow growth rate as the present scenario of drug discovery research is at a nascent stage in the region. However, increasing incidence of diseases is expected to result in growth of this market in the near future.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa drug discovery outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa drug discovery outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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