UK Drug Discovery Outsourcing Market Size & Outlook
The drug discovery outsourcing market in UK is expected to reach a projected revenue of US$ 124.3 million by 2030. A compound annual growth rate of 7.6% is expected of UK drug discovery outsourcing market from 2023 to 2030.
Revenue, 2022 (US$M)
$69.4
Forecast, 2030 (US$M)
$124.3
CAGR, 2023 - 2030
7.6%
Report Coverage
UK
UK drug discovery outsourcing market, 2018-2030 (US$M)
Related Markets
UK drug discovery outsourcing market highlights
- The UK drug discovery outsourcing market generated a revenue of USD 69.4 million in 2022 and is expected to reach USD 124.3 million by 2030.
- The UK market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
- In terms of segment, lead identification & candidate optimization was the largest revenue generating workflow in 2022.
- Other Associated Workflow is the most lucrative workflow segment registering the fastest growth during the forecast period.
Drug discovery outsourcing market data book summary
| Market revenue in 2022 | USD 69.4 million |
| Market revenue in 2030 | USD 124.3 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Lead identification & candidate optimization |
| Fastest growing segment | Other Associated Workflow |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, UK accounted for 2.0% of the global drug discovery outsourcing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany drug discovery outsourcing market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 124.3 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 |
|---|
UK 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 32.56% in 2022. Horizon Databook has segmented the UK 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.
- UK 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
- UK 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
- UK Drug Discovery Outsourcing Drug Type Outlook (Revenue, USD Million, 2018-2030)
- Small Molecules
- Large Molecules (Biopharmaceuticals)
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Target buyers of UK 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 country-level data and insights on the UK drug discovery outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into UK drug discovery outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK drug discovery outsourcing market outlook size, by workflow, 2018-2030 (US$M)
UK Drug Discovery Outsourcing Market Outlook Share, 2022 & 2030 (US$M)
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