Enjoy complimentary customisation on priority with our Enterprise License!
The drug discovery outsourcing market size is forecast to increase by USD 1.79 billion at a CAGR of 7.44% between 2023 and 2028. The pharmaceutical, biotechnology, and pharmacology industries continue to witness significant advancements in drug discovery, driven by the strong demand for new medications to address genetic disorders, metabolic disorders, and chronic conditions. Technological innovations, such as artificial intelligence, proteomics, genomics, and High-Throughput Screening (HTS), have revolutionized the drug discovery process. These technologies enable faster identification of potential drug candidates and reduce the overall time and cost of bringing new drugs to market. However, challenges persist, including limited manufacturing standardization and the patenting of biologics and chemicals. Outsourcing drug discovery to specialized service providers has emerged as a popular strategy to mitigate these challenges and accelerate the development of new medicines.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.