
HERG Screening Market Size, Share, and Analysis, By Type (Gene KCNH2, Mutant KCNH2, and Others), By Ion Channel (Voltage Gated, Ligand Gated, and Others), By Application (Antiarrhythmic, Antipsychotic, Antibiotic, and Others), and By Region (North America
Description
HERG Screening Market Size, Share, and Analysis, By Type (Gene KCNH2, Mutant KCNH2, and Others), By Ion Channel (Voltage Gated, Ligand Gated, and Others), By Application (Antiarrhythmic, Antipsychotic, Antibiotic, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
HERG Screening Market Size, Share, and Analysis, By Type (Gene KCNH2, Mutant KCNH2, and Others), By Ion Channel (Voltage Gated, Ligand Gated, and Others), By Application (Antiarrhythmic, Antipsychotic, Antibiotic, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
HERG Screening Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 1.7 billion and is projected to reach USD 7.1 billion by the completion of 2034.
HERG screening refers to an essential component in drug development, which serves to evaluate the cardiotoxicity of a compound. The HERG gene includes a potassium ion channel which is crucial for regulating cardiac electrical activity. Certain drugs have the potential to cause fatal ventricular arrhythmias by blocking HERG channels, which causes longer QT intervals on ECGs. HERG screening is an active measure that involves the systematic testing of compounds to assess their impact on HERG channels. This process helps in early identification and elimination of drugs with potential proarrhythmic effects and ensures a safer pharmaceutical development pathway. Consequently, by identifying and reducing the risks associated with HERG inhibition, this screening method contribute in the well-being of patient and minimize cardiovascular complications related to drug usage.
MARKET HIGHLIGHTS
HERG Screening Market is projected to reach USD 7.1 billion over the forecast period, owing to the rising focus on drug safety within the pharmaceutical development sector. The increasing awareness of potential cardiotoxicity risks that are associated with drug compounds is promoting the demand for HERG screening services and technologies. This surge is attributed to the persistent endeavours by pharmaceutical industries to improve drug development methods and adhere to regulatory standards. Additionally, technological innovations in high-throughput screening and automation are significant contributors, which facilitate the effective assessment of compound libraries. Moreover, frequent collaborations between pharmaceutical companies and contract research organizations highlights a strategic change towards outsourcing HERG screening services. This development indicates of a wider industry strategy to improve efficiency while maintaining strict safety protocols. Thus, as the global pharmaceutical ecosystem continues its expansion, HERG screening market will assume an important role in ensuring the safety and efficacy of emerging drug candidates, thereby presenting attractive opportunities for stakeholders in this sector.
HERG Screening Market Segments:
- By Type
- Gene KCNH2
- Mutant KCNH2
- Others
- By Ion-Channel
- Voltage Gated
- Ligand Gated
- Others
- By Application
- Antiarrhythmic
- Antipsychotic
- Antibiotic
- Others
Growth Drivers
Improvements in Technology will Generate Growth Opportunities
Increased Focus on Drug Safety will Lead to Market Expansion
Restraint
Industry Growth Could be Hampered by Cost and Resource Intensiveness
Key Players
- Charles River Laboratories International, Inc.
- Thermo Fisher Scientific Inc.
- Molecular Devices, LLC
- Eurofins Discovery
- Nanion Technologies GmbH
- QPS Holdings, LLC
- SB Drug Discovery
- Sophion Bioscience A/S
- ChanTest Corporation
- Cyprotex
- Evotec SE
- Apredica
- Shanghai Medicilon Inc.
- B'SYS GmbH
- Acea Biosciences, Inc.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
376 Pages
- 1. Executive Summary
- 1.1.Regional Market Share
- 1.2. Business Trends
- 1.3.HERG Screening Market: COVID-19 Outbreak
- 1.4.Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2.Research Approach
- 2.3.Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2.Public Sources
- 2.6.Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2.HERG Screening Market: COVID-19 Impact
- 3.3.Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. HERG Screening Market – Industry Insights
- 4.1.Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7.Market Dynamics
- 7.1. Introduction
- 7.2.Growth Drivers
- 7.3.Market Opportunities
- 7.4. Market Restraints
- 7.5.Market Trends
- 8. Risk Analysis
- 9. Market Analysis
- 9.1. Porters Five Forces
- 9.2.PEST Analysis
- 9.2.1. Political
- 9.2.2.Economic
- 9.2.3.Social
- 9.2.4.Technological
- 10. HERG Screening Market
- 10.1.Overview
- 10.2. Historical Analysis (2019-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11.HERG Screening Market Size & Forecast 2024 A-2034 F
- 11.1.Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1.By Type
- 11.3.1.1. Gene KCNH2
- 11.3.1.1.1. By Value (USD Million) 2024-2034 F
- 11.3.1.1.2.Market Share (%) 2024-2034 F
- 11.3.1.1.3.Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.2.Mutant KCNH2
- 11.3.1.2.1.By Value (USD Million) 2024-2034 F
- 11.3.1.2.2. Market Share (%) 2024-2034 F
- 11.3.1.2.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.1.3.Others
- 11.3.1.3.1.By Value (USD Million) 2024-2034 F
- 11.3.1.3.2. Market Share (%) 2024-2034 F
- 11.3.1.3.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2. By Ion-Channel
- 11.3.2.1.Voltage Gated
- 11.3.2.1.1.By Value (USD Million) 2024-2034 F
- 11.3.2.1.2. Market Share (%) 2024-2034 F
- 11.3.2.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.2. Ligand Gated
- 11.3.2.2.1. By Value (USD Million) 2024-2034 F
- 11.3.2.2.2.Market Share (%) 2024-2034 F
- 11.3.2.2.3.Y-o-Y Growth (%) 2024-2034 F
- 11.3.2.3. Others
- 11.3.2.3.1. By Value (USD Million) 2024-2034 F
- 11.3.2.3.2.Market Share (%) 2024-2034 F
- 11.3.2.3.3.Y-o-Y Growth (%) 2024-2034 F
- 11.3.3. By Application
- 11.3.3.1.Antiarrhythmic
- 11.3.3.1.1.By Value (USD Million) 2024-2034 F
- 11.3.3.1.2. Market Share (%) 2024-2034 F
- 11.3.3.1.3. Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.2. Antipsychotic
- 11.3.3.2.1. By Value (USD Million) 2024-2034 F
- 11.3.3.2.2.Market Share (%) 2024-2034 F
- 11.3.3.2.3.Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.3. Antibiotics
- 11.3.3.3.1. By Value (USD Million) 2024-2034 F
- 11.3.3.3.2.Market Share (%) 2024-2034 F
- 11.3.3.3.3.Y-o-Y Growth (%) 2024-2034 F
- 11.3.3.4. Others
- 11.3.3.4.1. By Value (USD Million) 2024-2034 F
- 11.3.3.4.2. Market Share (%) 2024-2034 F
- 11.3.3.4.3. Y-o-Y Growth (%) 2024-2034 F
- 12. North America HERG Screening Market Size & Forecast 2024 A-2034 F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2.By Ion-Channel
- 12.3.3.By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2.Canada
- 13. Europe HERG Screening Market Size & Forecast 2024 A-2034 F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2.By Ion-Channel
- 13.3.3.By Application
- 13.4. Country
- 13.4.1.Germany
- 13.4.2.United Kingdom
- 13.4.3.France
- 13.4.4. Italy
- 13.4.5.Spain
- 13.4.6.Russia
- 13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia-Pacific HERG Screening Market Size & Forecast 2024 A-2034 F
- 14.1.Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2.By Ion-Channel
- 14.3.3.By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2.China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15. Middle East and Africa HERG Screening Market Size & Forecast 2024 A-2034 F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2.By Ion-Channel
- 15.3.3.By Application
- 15.4. Country
- 15.4.1. Israel
- 15.4.2.GCC
- 15.4.3.North Africa
- 15.4.4. South Africa
- 15.4.5.Rest of Middle East and Africa
- 16. Latin America HERG Screening Market Size & Forecast 2024 A-2034 F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Type
- 16.3.2.By Ion-Channel
- 16.3.3.By Application
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2.Brazil
- 16.4.3.Rest of Latin America
- 17. Competitive Landscape
- 17.1. Company market share, 2023
- 17.2.Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1.Charles River Laboratories International, Inc.
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1.Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2.Thermo Fisher Scientific Inc.
- 18.3.Molecular Devices, LLC
- 18.4. Eurofins Discovery
- 18.5.Nanion Technologies GmbH
- 18.6.QPS Holdings, LLC
- 18.7.SB Drug Discovery
- 18.8. Sophion Bioscience A/S
- 18.9.ChanTest Corporation
- 18.10. Cyprotex
- 18.11. Evotec SE
- 18.12. Apredica
- 18.13. Shanghai Medicilon Inc.
- 18.14. B'SYS GmbH
- 18.15. Acea Biosciences, Inc.
- 18.16.Other Prominent Players
- 19. Appendix
- 20.Consultant Recommendation
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.