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Market Overview:
The driving factors for the drug discovery markets development include the increasing
incidence of a broad spectrum of illnesses such as cardiovascular and CNS-related disorders,
increasing healthcare spending, and the coming patent expiry of blockbuster drugs.
Globally, the variety of illnesses, mainly cardiovascular disease, infectious diseases, diabetes,
and problems associated with the kidneys, has a high incidence. As a result, the growing
prevalence of a variety of illnesses among all age groups and its global burden drives demand
for drug discovery and its market.
Over the past few years, there has been a rising demand for specialty medicines that are
expected to ultimately have a positive effect on the market for small molecule drug discovery,
as most specialty medicines are small molecules.
The gradual increase in healthcare spending enables advance the new pharmaceutical
technology on a regional basis. Although there is a need for resource redirection with elevated
spending, the shift to better usability of drug development healthcare spending is underway.
Drug discovery is a method according to the scope of the study, which aims to identify a
compound that is therapeutically helpful for treating and curing illnesses. Typically, a drug
discovery effort addresses a biological target that has been shown to play a role in the
development of the disease or starts from a molecule with interesting biological activities. In
the latest past, with emerging technologies, drug discovery has developed considerably, helping
the method become more refined, more precise, and less time consuming.
Biologics Drug is the Segment that is Expected to Grow Fastest under Drug Type:
The increasing use of small molecule drugs for chronic disease treatment leads to increased
market demand for these drugs. In addition, small molecule drugs dominate biologics in the
current healthcare market due to the aforementioned factors.
Asia-pacific Is Expected to grow over the Forecast Period with the Fastest Growth:
Due to the existence of skilled labor at an affordable price, the increase in disposable income,
and favourable public policies that contribute to market growth, Asia Pacific is the fastest
growing region. The outsourcing companies in the Chinese region have also experienced
phenomenal growth over the past decade, which has complemented the R&D restructuring
that has taken place. As a result, the drug discovery market is anticipated to expand due to the
big deals of pharmaceutical companies and more study being performed.
Competitive Landscape:
The market studied has different pharmaceutical companies that invest billions of dollars in
artificial intelligence AI to make the process of drug discovery significantly faster and cost-
effective. Pharmaceutical and biotech businesses are growing their collaboration with contract
growth and production organisations, thus playing a vital role in fresh drug growth and
innovation.
TABLE OF CONTENT:
CHAPTER 1 INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2 RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1. Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3 MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porters Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4 MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Growing Prevalence of a Wide Range of Diseases
4.1.2. Rising Healthcare Expenditure
4.1.3. Technological Advancements and Innovations
4.2. Market Restraints
4.2.1. Huge Capital Investment with Low Profit Margins
4.2.2. Stringent Government Regulations
4.3. Market Opportunities
4.4. Market Challenges
CHAPTER 5 DRUG DISCOVERY MARKET – BY DRUG TYPE
5.1. Small Molecule Drugs
5.2. Biologic Drugs
CHAPTER 6 DRUG DISCOVERY MARKET – BY TECHNOLOGY
6.1. High Throughput Screening
6.2. Pharmacogenomics
6.3. Combinatorial Chemistry
6.4. Nanotechnology
6.5. Other Technologies
CHAPTER 7 DRUG DISCOVERY MARKET – BY END USER
7.1. Pharmaceutical Companies
7.2. Contract Research Organizations CROs
7.3. Other End Users
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