• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Magnetic Dressing Improves Diabetic Wound Healing

      Magnetic Dressing Improves Diabetic Wound Healing

      Eko’s Newest CORE 500 Stethoscope: A Review

      Eko’s Newest CORE 500 Stethoscope: A Review

      Microfluidic System Incorporates Eight Organ Tissues for Drug Testing

      Microfluidic System Incorporates Eight Organ Tissues for Drug Testing

      Suction Cup Delivers Drugs Through Cheek

      Suction Cup Delivers Drugs Through Cheek

    • Radiology
      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Portable and Radiation-Free Imaging with Magnetic Nanoparticles

      Imaging Technique Reveals Living Brain Tissue in its Complexity

      Imaging Technique Reveals Living Brain Tissue in its Complexity

    • Cardiology
      Eko’s Newest CORE 500 Stethoscope: A Review

      Eko’s Newest CORE 500 Stethoscope: A Review

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      Ultrasound-Equipped Bra Monitors for Breast Cancer

      3D Printed Heart Muscle Beats

      3D Printed Heart Muscle Beats

    • Surgery
      Magnetic Dressing Improves Diabetic Wound Healing

      Magnetic Dressing Improves Diabetic Wound Healing

      Sensor Monitors Transplanted Organs for Signs of Rejection

      Sensor Monitors Transplanted Organs for Signs of Rejection

      Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

      Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

      Droplet Battery Harnesses Ionic Gradients for Bioelectronic Implants

      Droplet Battery Harnesses Ionic Gradients for Bioelectronic Implants

    • Nanomedicine
      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Nanorobots Release Reactive Oxygen Species to Kill Fungal Biofilms

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Bottlebrush Nanoparticles Deliver Immunostimulatory Drugs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Deliver mRNA Therapy to the Lungs

      Nanoparticles Get Lymphatic Vessels Pumping

      Nanoparticles Get Lymphatic Vessels Pumping

    • Military Medicine
      Wearable Can Take Multiple Sweat Samples

      Wearable Can Take Multiple Sweat Samples

      Wound Dressing Detects Infection, Changes Color

      Wound Dressing Detects Infection, Changes Color

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

    • Rehab
      Stretchable E-Skin for Robotic Prostheses

      Stretchable E-Skin for Robotic Prostheses

      Glasses Provide Audible Prompts for Blind Wearers

      Glasses Provide Audible Prompts for Blind Wearers

      A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

      A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

      Robotic Ankle Helps with Postural Control in Amputees

      Robotic Ankle Helps with Postural Control in Amputees

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

Drug Discovery Services Market Cost Structure Analysis, Technological Enhancements, Global Share, Industry Trends and Competitive Growth Drivers 2019, Forecast to 2023

July 3rd, 2019 Market Research Future Releases

An Insightful Report by Market Research Future (MRFR) states that the Global Drug Discovery Services Market is set to perform well at a CAGR of 10.8% during the forecast period (2017–2023).

Top Leading Competitive Insights

The leading vendors in the global drug discovery services market include Agilent Technologies Ubiquigent, Thermo Fisher Scientific, AstraZeneca PLC, Aurigene, GenScript, Charles River Laboratories International, ChemBridge Corporation, WuXi AppTec, Abbott Laboratories Inc., Bayer AG, Eli Lilly and Company, Evotec, Domainex, F. Hoffmann-La Roche Ltd, GE Healthcare, Covance, GVK Biosciences, Jubilant Biosys, Lonza, Merck, Syngene International Ltd., Pharmaceutical Product Development LLC (PPD), SRI International, Advinus Therapeutics, Selcia Limited, Shimadzu Corp., Viva Biotech, Albany Molecular Research Inc. (AMRI), Piramal Enterprises, Promega Corporation, GlaxoSmithKline LLC, and others.

Avail Free Sample@ https://www.marketresearchfuture.com/sample_request/5870

Market Insights

Drug Discovery Services refer to as the outsourcing the process of development of a new medicine. These services minimize the costs and timelines of drug discovery. The most common methods employed for drug discoveries are molecular manipulation, drug metabolites, random screening, molecular designing, and serendipity.

Additional factors substantiating market growth include the increasing demand for cancer treatment, technological advancements, and increasing healthcare expenditure that are led by improving economic conditions, worldwide. Besides, factors such as the spreading awareness towards the availability of novel drugs, unmet medical needs, and the patent expiration of blockbuster drugs foster the market growth.

Latest News

June 2019 Reaction Biology Corporation (RBC) has recently been assigned a subcontract from Leidos Biomedical Research Inc., which involves RBC working on an early stage drug discovery project. This project will be for the National Cancer Institute’s Experimental Therapeutics (NExT) program and will make use of the Surface Plasmon Resonance (SPR) technology.

Market Segmentation

The global drug discovery services market has been segmented on the basis of drug type, types of services, technology, therapeutic area, process, and end-user.

In terms of the drug type, the drug discovery services market can be fragmented into small molecule drug and biologics drug.

The types of services in the drug discovery services market include drug metabolism and pharmacokinetics (DMPK) services, biological, pharmaceutical services, and medicinal chemistry services.

Depending on the technology, the drug discovery services market has been broken down into high throughput screening, biochips, pharmacogenomics and pharmacogenetics, combinatorial chemistry, nanotechnology, spectroscopy, metabolomics, and others.

With respect to therapeutic area, the drug discovery services market covers oncology, neurology, cardiovascular diseases, respiratory diseases, diabetes, and others.

Process-wise, the segments in the drug discovery services market are target selection, target validation, hit-to-lead identification, lead optimization, and candidate validation.

The end-users in the drug discovery services market include hospitals and clinics, pharmaceutical companies, biotechnology companies, research institutes, and others.

Access Complete Premium Research Brief along with Detailed Table of Content at https://www.marketresearchfuture.com/reports/drug-discovery-services-market-5870

Regional Outlook

Europe, America, Asia Pacific, and the Middle East & Africa are the key regions where the drug delivery services market is expected to develop during the forecast period.

The Americas proved to be the supreme region in the global drug discovery services market, with strong backing from factors like the growing prevalence of chronic diseases along with the high healthcare expenditure. The data furnished by the Center for Disease Control and Prevention (CDC) states that roughly 92.1 million adults are afflicted with at least one kind of cardiovascular disease. In another report, in 2015, it was found that almost 15.1% or 36.5 million adults in the United States were smokers, accounting for over 480,000 deaths annually. Close to 86% (USD 2.7 trillion) of the total healthcare expenditure in the United States is spent on those affected by chronic and mental health conditions. These statistics are indicative of the growing need for drug delivery services in the region, further establishing regional dominance in the global market.

Europe secures the runner-up position in the global drug discovery services market. The regional market finds immense leverage from supportive factors, including strong financial support by the government for research and development activities along with patent expiration of a variety of blockbuster drugs. It is estimated that a number of biologic drugs including Abbott & Eisai’s Humira, J&J’s Remicade, and Genentech’s Rituxan are will be losing their patent protection in the years ahead.

Ask for an Exclusive Discount at https://www.marketresearchfuture.com/check-discount/5870

The Asia Pacific is anticipated to be the fastest growing drug discovery services market, on account of vital factors such as the presence of a huge patient pool in the region and the expansion of the pharmaceutical sector at a steady pace. Also, the increasing healthcare expenditure and the consequent development of the healthcare industry are believed to be highly beneficial for the Asia Pacific market. On that note, various studies by Australian Institute of Health and Welfare state that from 2015 to 2016, the overall health expenditure in the region was close to USD 170.4 billion, which is 3.6% higher than the expenditure from 2014 to 2015.

Lastly, the Middle East and Africa is the holder of the least share in the global market, because of the sluggish development rate of the healthcare sector, poor technical knowledge, and substandard medical facilities within the region.

About Market Research Future: Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

Sign up and submit a press release

Sponsored
Ark Surgical Performs First Hysterectomies in the USA with its FDA-Cleared LapBox for Manual Morcellation

Ark Surgical Performs First Hysterectomies in the USA with its FDA-Cleared LapBox for Manual Morcellation

PACKAGING COMPLIANCE LABS WELCOMES NEW CFO, BERNADETTE LEGARETTA

PACKAGING COMPLIANCE LABS WELCOMES JENN GOFF, VP SALES, MARKETING, AND INNOVATION

Clarius Debuts its First Dual-Array Wireless Handheld Scanner Enabling Whole-Body Views of Superficial to Deep Anatomy

Clarius Debuts its First Dual-Array Wireless Handheld Scanner Enabling Whole-Body Views of Superficial to Deep Anatomy

National Liver Health Awareness Month Highlights the Urgent Need for Liver Disease Prevention

National Liver Health Awareness Month Highlights the Urgent Need for Liver Disease Prevention

interviews & reviews
A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

A Wearable to Manage Parkinson’s Motor Symptoms: Interview with Lucy Jung, CEO at Charco Neurotech

Eko’s Newest CORE 500 Stethoscope: A Review

Eko’s Newest CORE 500 Stethoscope: A Review

Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

Shear-Thinning Biomaterial for Embolic Applications: Interview with Upma Sharma, President and CEO of Arsenal Medical

Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

Refillable Device for Drug Delivery Past the Blood-Brain Barrier: Interview with Mike Maglin, CEO at CraniUS

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

UV-Free Air Decontamination: Interview with Sorel Rothschild, VP at Quantum Innovations

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

EarliPoint Evaluation System for ASD Diagnosis: Interview with Tom Ressemann, CEO of EarliTec Dx

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

Visually Guided Uterine Biopsies in Physician’s Office: Interview with Allison London Brown, CEO of LUMINELLE

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!