Global High Throughput Screening Market Is Expected to Reach a Value of USD 29.32 Billion by 2027

High Throughput Screening Market is growing at a CAGR of 7.81% and is anticipated to reach USD 29.32 billion by 2027 owing to accelerating high content screening with different chemical, genetic and pharmacological tests are driving the growth of the market in the forecast period of 2020 to 2027.

Rising number of drugs target for screening and increasing research activities in stem cells & toxicology will cater various new opportunities for the market in the above mentioned forecast period.

High Throughput Screening Market Scenario

According to Data Bridge Market Research the market for high throughput screening market is developing owing to certain parameters such as, increasing cases of drug targets for screening along with increasing investment in research institutes and governments. Some of the factors such as rising need of expertise and software which can handle and store numerous sets of data at a swift pace will act as the restraint for the market.

Now the question is which are the other regions that high throughput screening market is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific in the forecast period of 2020 to 2027 due to the escalating R&D expenses along with increasing trend of outsourcing drug discovery services as well as growing public-private organization and increasing government funding. On the contrary, North America is seen to dominate the high throughput screening market owing to the sturdy commercialization of biotechnology and pharmaceutical research.

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High Throughput Screening Market Development

  • In 2018, Thermo Fisher Scientific has collaborated with Illumina, Inc. (US) to offer Illumina with the Ion AmpliSeq technology essential for research on next-generation sequencing. The company will also develop its discovery and screening applications with the help of this collaboration.

High Throughput Screening Market Scope

High throughput screening market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • All country based analysis of the high throughput screening market is further analyzed based on maximum granularity into further segmentation. Based on product & services, the high throughput screening market is segmented into reagents & assay kits, instruments, consumables & accessories, software, and services. High throughput screening market has also been segmented based on technology into cell-based assays, lab-on-a-chip, ultra-high-throughput screening, bioinformatics and label-free technology. Based on application, the high throughput screening market is segmented into target identification and validation, primary and secondary screening, toxicology assessment and other. On the basis of end user, the high throughput screening market is segmented into pharmaceutical and biotechnology companies, academic and government institutes, contract research organizations and others.
  • High throughput screening is a drug discovery method used for screening and valuation of large number of biological modulators and effectors against selected target. These methods are also used to characterize pharmacokinetic, metabolic and toxicological data for new drugs and thus eventually dipping the price of the drug development. High throughput screening involves numerous steps such as reagent preparation, target identification, assay development, compound management and high-throughput library screening. 

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Key Pointers Covered in the High Throughput Screening Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Market Cost of Care Analysis
  • Market Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Thermo Fisher Scientific Inc
  • Agilent Technologies, Inc
  • Danaher
  • PerkinElmer Inc
  • Tecan Trading AG
  • Axxam SpA
  • Merck KGaA
  • Hamilton Company
  • Corning Incorporated
  • BioTek Instruments, Inc
  • Aurora Biomed Inc
  • General Electric
  • Beckman Coulter, In
  • Luminex Corporation
  • Charles River
  • AstraZeneca
  • Sygnature Discovery

Above are the key players covered in the report to know about more and exhaustive list of high throughput screening companies’ contact us

Research Methodology of Global High Throughput Screening Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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