As part of Emergen Research's Global Drug Discovery Services Market Research Report, key business details and extensive geographical spread of the Drug Discovery Services industry have been analyzed. As well as a comprehensive qualitative and quantitative analysis, the study contains crucial statistics about the Drug Discovery Services market. A detailed forecast is provided until 2027 based on historical data from 2017 and 2018. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies.
Discovery and characterization of the novel drug candidate for preclinical development are primarily dependent on innovation, research, and science. Drug discovery is the process of discovering and designing novel candidates for medication and therapy. The most common drug discovery methods are molecular designing, molecular manipulation, drug metabolites, random screening, and others. However, the discovery process is generally expensive and time-consuming. Drug discovery services are predominantly designed with the purpose of minimizing the costs and time required for the process.
The current COVID-19 pandemic is expected to have an effect on the growth of the Drug Discovery Services industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Drug Discovery Services will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Drug Discovery Services industry.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Albany Molecular Research, Inc., Thermo Fisher Scientific, Evotec, Covance, GenScript, Pharmaceutical Product Development, LLC, SRI International, WuXiAppTec, Charles River Laboratories International, Selcia Limited, Viva Biotech, Domainex, Merck KGaA, Others
Report Highlights:
- Besides offering a vivid depiction of the global Drug Discovery Services business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional Landscape section of the Drug Discovery Services report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Dynamics:
The report offers insightful information about the market dynamics of the Drug Discovery Services market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Drug Discovery Services market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Drug Discovery Services market.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Drug Discovery Services market expected to boost the growth of the industry in the coming years.
Drug Discovery Services Market Segmentation:
-
Process
- Target Selection
- Target Validation
- Lead Optimization
- Candidate Validation
- Others
-
Type
- Medicinal Chemistry
- Biology Services
- Pharmacokinetics and Drug Metabolism
-
Therapeutic Area
- Neurology
- Diabetes
- Oncology
- Cardiovascular Diseases
- Respiratory Illnesses
- Others
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Additional information offered by the report:
- Along with a complete overview of the global Drug Discovery Services market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Drug Discovery Services market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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