Growing elderly population, rising prevalence of various chronic diseases, and increased R&D expenditure in biopharmaceuticals and biotechnology industries are key factors driving market revenue growth.
Market Size - USD 15.22 Billion in 2020, Market Growth - CAGR of 10.8%, Market Trends - Rising government investments in R&D of technologically advanced products.
The global high throughput screening market size is expected to reach USD 35.03 Billion in 2028, and register a CAGR of 10.8% during the forecast period. Increasing adoption of innovative approaches in pharmaceutical and biotechnology companies, growing investment by private equity firms and venture capitalists, rising government funding for various R&D activities, increasing healthcare spending, and technological advancements are some of the major factors driving market growth to a significant extent.
However, high cost for HTS, intricacy in the field of assay development, and government regulations for drug development are factors that could hamper growth of the global high throughput screening market.
Some Key Findings From the Report:
For the purpose of this report, the global high throughput screening market is segmented on the basis of product & service type, technology type, application, end use, and region:
Product & Service Type Outlook
Technology Type Outlook
Application Outlook
End Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 15.22 Billion in 2020, Market Growth - CAGR of 10.8%, Market Trends - Rising government investments in R&D of technologically advanced products.
The global high throughput screening market size is expected to reach USD 35.03 Billion in 2028, and register a CAGR of 10.8% during the forecast period. Increasing adoption of innovative approaches in pharmaceutical and biotechnology companies, growing investment by private equity firms and venture capitalists, rising government funding for various R&D activities, increasing healthcare spending, and technological advancements are some of the major factors driving market growth to a significant extent.
However, high cost for HTS, intricacy in the field of assay development, and government regulations for drug development are factors that could hamper growth of the global high throughput screening market.
Some Key Findings From the Report:
- Among the product type segments, the reagents & assay kits segment accounted for the largest revenue share of 39.2% in the global market in 2020.
- Among the application segments, the target identification and validation segment accounted for major revenue share, followed by the primary and secondary screening application segment.
- North America market accounted for the largest revenue share in 2020, and is expected to continue with its dominance over the forecast period.
- Asia Pacific market size was USD 3,501.1 Million in 2020, due to increasing prevalence of various diseases, and growing R&D funding for the drug discovery and development.
- Key players profiled in the report include Agilent, Danaher, Thermo-Fischer Scientific, Tecan, Axxam, Merck Group, Biorad, Hamilton, Corning, BioTek, and Aurora Biomed. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global high throughput screening market is segmented on the basis of product & service type, technology type, application, end use, and region:
Product & Service Type Outlook
- Reagents & Assay Kits
- Instruments
- Consumables and Accessories
- Software Services
- Others
Technology Type Outlook
- Cell Based Assays
- Lab on Chip
- Label Free Assays
- Bioinformatics
- Others
Application Outlook
- Target Identification and Validation
- Primary and Secondary Screening
- Toxicology Assessment
- Other Applications
End Use Outlook
- Pharmaceutical and Biotechnology Companies
- Academic and Government Institutes
- Contract Research Organizations
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the High Throughput Screening Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the High Throughput Screening Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. High-throughput Screening Segmentation & Impact Analysis
Chapter 5. High-throughput Screening Market By Product & Services Type Insights & Trends
Chapter 6. High-throughput Screening Market By Technology Type Insights & Trends
Chapter 7. High-throughput Screening Market By Application Type Insights & Trends
Chapter 8. High-throughput Screening Market By End Use Insights & Trends
Chapter 9. High-throughput Screening Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles