The latest report on “Drug Discovery Technologies Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024.”The global drug discovery technologies market is expected to grow at a CAGR of 18.4% over the forecast period of 2018 – 2024.
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Growing Incidences of Diseases, Pathogen Resistance to Old Drugs, Patent Expiries, and Competition among Drug Manufacturers are the Key Factors that Drive the Growth of this Market
The growing incidences of diseases, pathogen resistance to old drugs, patent expiries, and competition among drug manufacturers are the key factors that drive the growth of this market. Moreover, increasing investment in the field of nanotechnology, biotechnology, genomics, and, molecular biology is some other factor that has driven this market. Furthermore, long duration of drug discovery process, high initial setup cost and presence of strict regulatory surroundings.
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Drug Discovery Technologies Market: Segmentation
The report on global drug discovery technologies market covers segments such as technology type, and end users. The technology type segments include biochips, high throughput screening, pharmacogenomics, genomics, bioanalytical instruments, bioinformatics, nanotechnology and others (RNAI, combinatorial chemistry). On the basis of end users the global drug discovery technologies market is categorized into biopharmaceutical companies, pharmaceutical companies, research institutes and biotech companies.
Drug Discovery Technologies Market: Competitive Landscape
The report provides profiles of the companies in the global drug discovery technologies market such as, Agilent Technologies, Inc, Abbott Laboratories, Inc., GE Healthcare Ltd., Albany Molecular Research Inc., Affymetrix Inc., Arqule Inc., Luminex Corporation, Bayer Healthcare AG, Novartis AG, and Astrazeneca plc.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the drug discovery technologies.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.