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Drug Discovery Services Market by Process (Target Selection, Hit-to-Lead Identification, Lead Optimization), Type (Medicinal Chemistry, Biology Services, DMPK), Drug Type (Small Molecules, Biologics), Therapeutic Areas (Oncology, Neurology) - Forecast to

Drug Discovery Services Market by Process (Target Selection, Hit-to-Lead Identification, Lead Optimization), Type (Medicinal Chemistry, Biology Services, DMPK), Drug Type (Small Molecules, Biologics), Therapeutic Areas (Oncology, Neurology) - Forecast to 2022

“The drug discovery services market projected to grow at a CAGR of 11.6%.”
The drug discovery services market was valued at USD 8.32 billion in 2017 and expected to grow at a CAGR of 11.6% to reach USD 14.40 billion in 2022. The major factors driving the growth of this market are increasing research and development expenditure, inclination of major pharmaceutical companies towards outsourcing to avoid hurdles, and increasing demand for outsourcing of analytical testing and clinical trial services. However, the high cost involved in drug discovery and development, stringent regulations governing drug discovery, and animal usage are restraining the growth of this market

“The hit-to-lead generation segment is expected to register the highest CAGR during the forecast period.”
On the basis of process, the market is classified into target selection, target validation, hit-to-lead identification, lead optimization, and candidate validation. The hit-to-lead identification segment is expected to register the highest growth rate during the forecast period. The growth of this market segment is mainly driven by attributed to the emerging advanced technologies for high-throughput screening (HTS).

“The medicinal chemistry segment to grow at the fastest rate during the forecast period.”
By type, the drug discovery services market is segmented into medicinal chemistry, biology services, and drug metabolism and pharmacokinetics (DMPK). The medicinal chemistry segment is expected to register the highest growth rate during the forecast period. Increasing R&D expenditure, growing number of drug discovery and developmental activities, and increasing inclination of pharmaceutical companies towards outsourcing are among the major factors driving the growth of the medicinal chemistry segment.

“North America to hold the largest share and Asia Pacific is projected to be the fastest-growing regional market during the forecast period.”
Geographically, the drug discovery services market is dominated by North America, followed by Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to command the largest share of the drug discovery services market. The large share of this segment can be attributed to the presence of leading CROs and pharmaceutical companies in this region. The Asia Pacific region is estimated to grow at the fastest rate which can be attributed to less stringent regulations and economical manufacturing costs.
The primary interviews conducted for this report can be categorized as follows:
• By Company Type - Tier 1 – 40%; Tier 2 – 30% and Tier 3 – 30%
• By Designation – C-level – 62%, Director Level – 21%, Others – 17%
• By Region – North America – 50%, Europe – 20%, Asia Pacific – 20% , RoW- 10%

Key players operating in the drug discovery services market include Thermo Fisher Scientific (US), Albany Molecular Research Inc. (AMRI) (US), Charles River Laboratories (US), Evotec (Germany), Domainex (UK), GenScript (US), Covance (US), Selcia (UK), Viva Biotech (China), WuXi AppTec (China), SRI International (US), Pharmaceutical Product Development, LLC (PPD) (US), GVK Biosciences (India), Jubilant Biosys (India), GE Healthcare (US), Merck (Germany), Lonza (Switzerland), Piramal Enterprises (India), Advinus Therapeutics (India), Promega Corporation (US), Syngene International (India), Aurigene (India), Agilent Technologies (US), Ubiquigent (UK), and ChemBridge Corporation (US).

Research Coverage:
The report analyses the drug discovery services market by process, type, drug type, therapeutic area, and region. Apart from a comprehensive geographic product analysis and market sizing, the report also provides the competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the report analyses developments and strategies adopted by key players to maintain and increase their shares in the market. The above-mentioned market research data, market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions to be successful in the market.

Benefits of Buying this Report:
This report will enable both established firms as well as new entrants/smaller firms gauge the pulse of the market, which in turn will help these firms garner greater market shares. Firms purchasing the report can use any one or a combination of the five strategies mentioned below to strengthen their market shares.

The report provides insights on the following strategies:
• Market Penetration: The report analyzes the drug discovery services market by process, type, drug type, and therapeutic area
• Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the drug discovery services market
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various drug discovery services across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, and recent developments in the drug discovery services market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • KEY DATA FROM PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS FOR THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • DRUG DISCOVERY SERVICES MARKET OVERVIEW
    • EUROPEAN DRUG DISCOVERY SERVICES MARKET SHARE, BY THERAPEUTIC AREA AND COUNTRY
    • DRUG DISCOVERY SERVICES MARKET, BY TYPE
    • GEOGRAPHICAL SNAPSHOT OF THE DRUG DISCOVERY SERVICES MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table TOTAL GLOBAL PHARMACEUTICAL R&D SPENDING, 2012 TO 2022 (USD BILLION)
        • Table R&D SPENDING, PHRMA MEMBER-COMPANIES (USD BILLION)
        • Table ACTIVITIES OUTSOURCED IN THE PHARMACEUTICAL INDUSTRY (2014 VS. 2015)
        • Table RESEARCH PROJECTS FUNDED BY IRDIRC BODIES
      • RESTRAINTS
        • Table AVERAGE COST OF DRUGS APPROVED BY YEAR
      • OPPORTUNITIES
      • BURNING ISSUES
  • DRUG DISCOVERY SERVICES MARKET, BY PROCESS
    • INTRODUCTION
      • Table DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
    • TARGET SELECTION
      • Table TARGET SELECTION MARKET, BY REGION, 2015-2022 (USD MILLION)
    • TARGET VALIDATION
      • Table TARGET VALIDATION MARKET, BY REGION, 2015-2022 (USD MILLION)
    • HIT-TO-LEAD IDENTIFICATION
      • Table HIT-TO-LEAD IDENTIFICATION PROCESS MARKET, BY REGION, 2015-2022 (USD MILLION)
    • LEAD OPTIMIZATION
      • Table LEAD OPTIMIZATION MARKET, BY REGION, 2015-2022 (USD MILLION)
    • CANDIDATE VALIDATION
      • Table CANDIDATE VALIDATION MARKET, BY REGION, 2015-2022 (USD MILLION)
  • DRUG DISCOVERY SERVICES MARKET, BY TYPE
    • INTRODUCTION
      • Table DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
    • MEDICINAL CHEMISTRY
      • Table MEDICINAL CHEMISTRY SERVICES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • BIOLOGY SERVICES
      • Table BIOLOGY SERVICES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • DRUG METABOLISM AND PHARMACOKINETICS (DMPK)
      • Table DRUG METABOLISM AND PHARMACOKINETICS SERVICES MARKET, BY REGION, 2015-2022 (USD MILLION)
  • DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE
    • INTRODUCTION
      • Table DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
    • SMALL MOLECULES
      • Table SMALL MOLECULES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • BIOLOGICS
      • Table BIOLOGICS MARKET, BY REGION, 2015-2022 (USD MILLION)
  • DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA
    • INTRODUCTION
      • Table GLOBAL NUMBER OF CLINICAL TRIALS IN DIFFERENT THERAPEUTIC AREAS, 2016
      • Table GLOBAL DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
    • ONCOLOGY
      • Table DRUG DISCOVERY SERVICES MARKET FOR ONCOLOGY, BY REGION, 2015-2022 (USD MILLION)
    • NEUROLOGY
      • Table DRUG DISCOVERY SERVICES MARKET FOR NEUROLOGY, BY REGION, 2015-2022 (USD MILLION)
    • CARDIOVASCULAR DISEASES
      • Table DRUG DISCOVERY SERVICES MARKET FOR CARDIOVASCULAR DISEASES, BY REGION, 2015-2022 (USD MILLION)
    • RESPIRATORY DISEASES
      • Table DRUG DISCOVERY SERVICES MARKET FOR RESPIRATORY DISEASES, BY REGION, 2015-2022 (USD MILLION)
    • DIABETES
      • Table DRUG DISCOVERY SERVICES MARKET FOR DIABETES, BY REGION, 2015-2022 (USD MILLION)
    • OTHER THERAPEUTIC AREAS
      • Table DRUG DISCOVERY SERVICES MARKET FOR OTHER THERAPEUTIC AREAS, BY REGION, 2015-2022 (USD MILLION)
  • DRUG DISCOVERY SERVICES MARKET, BY REGION
    • INTRODUCTION
      • Table DRUG DISCOVERY SERVICES MARKET, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: DRUG DISCOVERY SERVICES MARKET, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • US
        • Table US: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table US: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table US: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table US: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table CANADA: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table CANADA: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table CANADA: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: PHARMACEUTICAL R&D EXPENDITURE, BY COUNTRY, 2012 & 2014
      • Table EUROPE: DRUG DISCOVERY SERVICES MARKET, BY COUNTRY/REGION, 2015 -2022 (USD MILLION)
      • Table EUROPE: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
      • Table EUROPE: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • GERMANY
        • Table PHARMACEUTICAL R&D INVESTMENTS IN GERMANY (2010-2014)
        • Table GERMANY: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table GERMANY: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table GERMANY: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table GERMANY: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • UK
        • Table UK: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table UK: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table UK: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table UK: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table FRANCE: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table FRANCE: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table FRANCE: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • REST OF EUROPE (ROE)
        • Table PHARMACEUTICAL R&D INVESTMENTS IN ITALY, 2009-2014
        • Table PHARMACEUTICAL R&D EXPENDITURE IN BELGIUM, 2010-2014
        • Table PHARMACEUTICAL PRODUCTION AND R&D EXPENDITURE IN DENMARK, 2012-2014
        • Table ROE: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table ROE: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table ROE: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table ROE: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
    • ASIA PACIFIC (APAC)
      • Table TOTAL NUMBER OF CLINICAL TRIALS IN APAC, BY THERAPEUTIC AREA, 2016
      • Table APAC: DRUG DISCOVERY SERVICES MARKET, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
      • Table APAC: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
      • Table APAC: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
      • Table APAC: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
      • Table APAC: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • CHINA
        • Table CHINA: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table CHINA: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table CHINA: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table CHINA: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table JAPAN: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table JAPAN: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table JAPAN: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • INDIA
        • Table INDIA: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table INDIA: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table INDIA: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table INDIA: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
      • REST OF ASIA PACIFIC (ROAPAC)
        • Table ROAPAC: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
        • Table ROAPAC: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
        • Table ROAPAC: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
        • Table ROAPAC: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table ROW: DRUG DISCOVERY SERVICES MARKET, BY PROCESS, 2015-2022 (USD MILLION)
      • Table ROW: DRUG DISCOVERY SERVICES MARKET, BY TYPE, 2015-2022 (USD MILLION)
      • Table ROW: DRUG DISCOVERY SERVICES MARKET, BY DRUG TYPE, 2015-2022 (USD MILLION)
      • Table ROW: DRUG DISCOVERY SERVICES MARKET, BY THERAPEUTIC AREA, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • MARKET SHARE ANALYSIS
  • COMPANY PROFILES
    • THERMO FISHER SCIENTIFIC
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • MERCK
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • GE HEALTHCARE
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • ALBANY MOLECULAR RESEARCH, INC. (AMRI)
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CHARLES RIVER LABORATORIES INTERNATIONAL
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • EVOTEC
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • PHARMACEUTICAL PRODUCT DEVELOPMENT, LLC. (PPD)
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • JUBILANT BIOSYS
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • COVANCE
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • GENSCRIPT BIOTECH CORPORATION
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • AURIGENE DISCOVERY TECHNOLOGIES
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WUXI APPTEC
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS (2014- SEPTEMBER 2017)
    • SYNGENE
      • BUSINESS OVERVIEW
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INDUSTRY INSIGHTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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