Australia Small Molecule Drug Discovery Outsourcing Market Size & Outlook

The small molecule drug discovery outsourcing market in Australia is expected to reach a projected revenue of US$ 229.3 million by 2033. A compound annual growth rate of 10.6% is expected of Australia small molecule drug discovery outsourcing market from 2025 to 2033.
Revenue, 2024 (US$M)
$94.0
Forecast, 2033 (US$M)
$229.3
CAGR, 2025 - 2033
10.6%
Report Coverage
Australia

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Australia small molecule drug discovery outsourcing market, 2021-2033 (US$M)

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Related Markets

Australia small molecule drug discovery outsourcing market highlights

  • The Australia small molecule drug discovery outsourcing market generated a revenue of USD 94.0 million in 2024 and is expected to reach USD 229.3 million by 2033.
  • The Australia market is expected to grow at a CAGR of 10.6% from 2025 to 2033.
  • In terms of segment, lead identification & candidate optimization was the largest revenue generating workflow in 2024.
  • Other Associated Workflow is the most lucrative workflow segment registering the fastest growth during the forecast period.


Small molecule drug discovery outsourcing market data book summary

Market revenue in 2024USD 94.0 million
Market revenue in 2033USD 229.3 million
Growth rate10.6% (CAGR from 2025 to 2033)
Largest segmentLead identification & candidate optimization
Fastest growing segmentOther Associated Workflow
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationTarget Identification & Screening, Target Validation & Functional Informatics, Lead Identification & Candidate Optimization, Preclinical Development, Other Associated Workflow


Other key industry trends

  • In terms of revenue, Australia accounted for 2.1% of the global small molecule drug discovery outsourcing market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, Japan small molecule drug discovery outsourcing market is projected to lead the regional market in terms of revenue in 2033.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 309.1 million by 2033.

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Small Molecule Drug Discovery Outsourcing Market Companies

Name Profile # Employees HQ Website
Pharmaron View profile - - -
Eurofins View profile 10001+ Des Moines, Iowa, United States, North America https://www.eurofinsus.com/
Merck & Co., Inc. View profile - - -
Laboratory Corporation of America Holdings View profile - - -
Domainex View profile 11-50 Cambridge, Cambridgeshire, United Kingdom, Europe http://www.domainex.co.uk
Oncodesign View profile 101-250 Dijon, Bourgogne, France, Europe http://www.oncodesign.com
Syngene View profile 1001-5000 Bangalore, Karnataka, India, Asia http://www.syngeneintl.com
TCG Lifesciences View profile 501-1000 Kolkata, West Bengal, India, Asia http://www.tcgls.com/
Dalton Pharma Services View profile 51-100 Toronto, Ontario, Canada, North America https://www.dalton.com/
Pharmaceutical Product Development View profile 10001+ Wilmington, North Carolina, United States, North America https://ppd.com
Albany Molecular Research View profile 1001-5000 Albany, New York, United States, North America http://amriglobal.com
Jubilant Biosys View profile 501-1000 Bengaluru, Karnataka, India, Asia https://www.jubilantbiosys.com/
Pharmaron Beijing Co Ltd Ordinary Shares - Class H View profile 20295 No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, Hong Kong https://www.pharmaron.com
Evotec SE View profile 5055 Essener Bogen 7, Manfred Eigen Campus, Hamburg, Germany, 22419 https://www.evotec.com
Genscript Biotech Corp Class H View profile 6937 No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 https://www.genscript.com
Wuxi AppTec Co Ltd View profile 41116 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 https://www.wuxiapptec.com
Dr. Reddy’s Laboratories View profile 10001+ Hyderabad, Andhra Pradesh, India, Asia http://www.drreddys.com/
Charles River Laboratories International Inc View profile 21400 251 Ballardvale Street, Wilmington, MA, United States, 01887 https://www.criver.com
Qiagen NV View profile 5900 Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL https://www.qiagen.com

Australia small molecule 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 small molecule 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 34.57% in 2024. Horizon Databook has segmented the Australia small molecule 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 2021 to 2033.


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Target buyers of Australia small molecule drug discovery outsourcing market databook

  • Our clientele includes a mix of small molecule 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia small molecule drug discovery outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into Australia small molecule drug discovery outsourcing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Australia small molecule drug discovery outsourcing market size, by workflow, 2021-2033 (US$M)

Australia Small Molecule Drug Discovery Outsourcing Market Outlook Share, 2024 & 2033 (US$M)

Australia small molecule drug discovery outsourcing market size, by workflow, 2021-2033 (US$M)

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