High-Throughput Screening Market by Product & Service (Consumables, Instruments, Services), Screening Size (12-well Format, 1536-well Format, 24-well Format), Technology, Application, End User - Global Forecast 2024-2030
The High-Throughput Screening Market size was estimated at USD 23.05 billion in 2023 and expected to reach USD 26.09 billion in 2024, at a CAGR 13.67% to reach USD 56.53 billion by 2030.
Global High-Throughput Screening MarketHigh throughput screening is a mode of scientific experimentation that comprises screening large compound libraries for activity against biological targets via automation, miniaturized assays, and large-scale data analysis. It involves the rapid testing and analysis of many samples, enabling researchers to evaluate various compounds' effectiveness, selectivity, and potential toxicity. The primary applications of HTS are drug discovery and development in pharmaceutical and biotechnology companies, along with academic research laboratories. The rise in investment by governments and private organizations globally towards research and development activities fuels the growth of this market segment. Advances in computational biology enable researchers to analyze massive amounts of data generated by HTS systems more efficiently, which has significantly driven the market growth. However, high initial setup costs related to equipment procurement and maintenance and complexities related to data interpretation may hamper the market expansion. Expanding applications of HTS in different sectors, such as agrochemicals and environmental monitoring, will create a lucrative market opportunity in the forecasted period.Regional InsightsThe Americas experienced significant growth in high throughput screening market due to several government initiatives, patents for innovative technologies, and collaborative activities with industry partners to facilitate drug discovery through HTS. Within EU countries, HTS is being supported through initiatives funded by the European Commission research program towards advancing scientific breakthroughs and rising research and development activities by the key market vendors to optimize healthcare solutions. The Middle East and African region represents a growing market for HTS, driven mainly by investments in infrastructure development by governments seeking to improve local biotechnology capabilities. The Asia-Pacific region has observed a developing landscape due to government support by investing heavily in life sciences and pharmaceutical research and government-supported HTS advancement through funding programs such as the Japan Agency for Medical Research and Development (AMED). The rapidly growing pharmaceutical industry, fueled by strong government support in healthcare initiatives and innovation in drug discovery by providing access to HTS facilities at academic institutions, contributed to the market growth in the APAC region.
FPNV Positioning MatrixThe FPNV Positioning Matrix is pivotal in evaluating the High-Throughput Screening Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the High-Throughput Screening Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company ProfilesThe report delves into recent significant developments in the High-Throughput Screening Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Aurora Biomed Inc., AXXAM S.p.A., Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., BMG LABTECH GmbH, Charles River Laboratories International, Inc., Corning Incorporated, Danaher Corporation, DIANA Biotechnologies, a.s., Eurofins Scientific SE, F. Hoffmann-La Roche AG, Hamilton Company, IRBM S.p.A., Lonza Group AG, Luminex Corporation, Merck KGaA, Molecular Devices, LLC, NanoTemper Technologies GmbH, PerkinElmer, Inc., Promega Corporation, Reprocell Inc., SYGNATURE DISCOVERY LIMITED, Tecan Trading AG, and Thermo Fisher Scientific Inc..
Market Segmentation & CoverageThis research report categorizes the High-Throughput Screening Market to forecast the revenues and analyze trends in each of the following sub-markets:Product & Service
Consumables
Laboratory Equipment
Reagents & Assay Kits
Instruments
Detection Systems
Liquid Handling Systems
Services
Software
Screening Size
12-well Format
1536-well Format
24-well Format
384-well Format
48-well Format
6-well Format
96-well Format
Technology
Cell-Based Assays
2D Cell Culture
3D Cell Culture
Scaffold-Based Technology
Hydrogels
Alginate & Agarose
Animal-Derived Hydrogels
Collagen
Matrigel
Synthetic Hydrogels
Inert Matrix & Solid Scaffolds
Micropatterned Surfaces
Scaffold-Free Technology
Hanging-Drop Plates
Ultra-Low Binding Plates
Perfusion Cell Culture
Reporter-Based Assays
Lab-on-a-Chip Technology
Label-Free Technology
Application
Biochemical Screening
Drug Discovery
Life Sciences Research
End User
Academic & Research Institutes
Contract Research Organizations
Pharmaceutical & Biotechnology Companies
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:1. What is the market size and forecast of the High-Throughput Screening Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the High-Throughput Screening Market?
3. What are the technology trends and regulatory frameworks in the High-Throughput Screening Market?
4. What is the market share of the leading vendors in the High-Throughput Screening Market?
5. Which modes and strategic moves are suitable for entering the High-Throughput Screening Market?
Note: PDF & Excel + Online Access - 1 Year