The global drug discovery outsourcing market is expected to grow from USD 3.82 billion in 2019 to USD 6.75 billion by 2027, at a CAGR of 7.38% during the forecast period 2020-2027.
The increasing prevalence of the chronic disorders in almost all parts of the world has led to the advancement of the drug discovery process. The pharmaceuticals and biotech companies are engaging in outsourcing of the drug discovery process owing to the increasing competition in the market. These companies have found that the outsourcing has many benefits as compared to the in-house manufacturing of the drugs. It saves up the manufacturing costs and also enables deployment of advance technologies. Outsourcing helps to integrate the applications of artificial intelligence in the designing of drugs. It also helps the players to deal in specialized drugs.
This study delivers a comprehensive analysis of product, workflow, therapeutic area and regions. The product segment includes small molecules and large molecules. The small molecules accounts for major market shares. The presence of highly effective components has increased the demand for small molecules in the pharmaceutical companies. The small molecules are widely used in the cancer research field which is leading to gain higher market shares. The workflow segment includes lead identification and candidate optimization, target identification and screening, preclinical development, target validation and functional informatics and others. Among these, the lead identification and candidate optimization holds major market shares. The lead identification is the initial and most important step in the drug discovery process. It increases the efficiency of the whole process and provides economies of scale to the manufacturers. The therapeutic area includes oncology, hematology, cardiovascular, respiratory system, gastrointestinal, immunomodulation, pain and anesthesia, dermatology, genitourinary system, central nervous system, endocrine, anti-infective and ophthalmology. The respiratory system is the dominant segment in terms of market shares. The segment has higher adoption of the drug discovery outsourcing as compared to the other segments. The increasing incidence of the respiratory disorders has led to the growth of the segment over the years.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominates in terms of higher market shares. The growing adoption of advance technology in the drug discovery process has led the manufacturers to opt for outsourcing.
Some of the notable players in the drug discovery outsourcing market are WuXiAppTec, Albany Molecular Research Inc., Pharmaceutical Product Development LLC, Dalton Pharma Services, Oncodesign, Laboratory Corporation of America Holdings, Charles RiverMerck& Co. Inc., Jubilant Biosys, Domainex Ltd., Eurofins Discovery, GenScript, EVOTEC, DiscoverX Corporation, QIAGEN, Thermo Fisher Scientific Inc. and others.
This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on the below-mentioned segments:
Global Drug Discovery Outsourcing Market Analysis And Forecast, By Product
Global Drug Discovery Outsourcing Market Analysis And Forecast, By Workflow
Global Drug Discovery Outsourcing Market Analysis And Forecast, By Therapeutic Area
Global Drug Discovery Outsourcing Market Analysis And Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Product
4.3.2. Market Attractiveness Analysis By Workflow
4.3.3. Market Attractiveness Analysis By Therapeutic Area
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Cost comparative
5.2.2. Increasing prevalence of chronic disorders
5.3. Restraints
5.3.1. May hamper the quality
5.4. Opportunities
5.4.1. Technological advancement
5.5. Challenges
5.5.1. Stringent regulations
6. Global Drug Discovery Outsourcing Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. Small Molecules
6.3. Large Molecules
7. Global Drug Discovery Outsourcing Market Analysis and Forecast, By Workflow
7.1. Segment Overview
7.2. Lead Identification and Candidate Optimization
7.3. Target Identification and Screening
7.4. Preclinical Development
7.5. Target Validation and Functional Informatics
7.6. Others
8. Global Drug Discovery Outsourcing Market Analysis and Forecast, By Therapeutic Area
8.1. Segment Overview
8.2. Oncology
8.3. Hematology
8.4. Cardiovascular
8.5. Respiratory System
8.6. Gastrointestinal
8.7. Immunomodulation
8.8. Pain and Anesthesia
8.9. Dermatology
8.10. Genitourinary System
8.11. Central Nervous System
8.12. Endocrine
8.13. Anti-Infective
8.14. Ophthalmology
9. Global Drug Discovery Outsourcing Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Drug Discovery Outsourcing Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Drug Discovery Outsourcing Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. WuXiAppTec
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Albany Molecular Research Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Pharmaceutical Product Development LLC
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Dalton Pharma Services
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Oncodesign
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Laboratory Corporation of America Holdings
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Charles RiverMerck& Co. Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Jubilant Biosys
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Domainex Ltd.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Eurofins Discovery
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. GenScript
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. EVOTEC
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. DiscoverX Corporation
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. QIAGEN
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Thermo Fisher Scientific Inc.
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
List of Table
1. Global Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
2. Global Small Molecules, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
3. Global Large Molecules, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
4. Global Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
5. Global Lead Identification and Candidate Optimization, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
6. Global Target Identification and Screening, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
7. Global Preclinical Development, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
8. Global Target Validation and Functional Informatics, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
9. Global Others, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
10. Global Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
11. Global Oncology, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
12. GlobalHematology, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
13. GlobalCardiovascular, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
14. GlobalRespiratory System, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
15. GlobalGastrointestinal, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
16. Global Immunomodulation, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
17. Global Pain and Anesthesia, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
18. Global Dermatology, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
19. Global Genitourinary System, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
20. Global Central Nervous System, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
21. Global Endocrine, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
22. Global Anti-Infective, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
23. Global Ophthalmology, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
24. Global Anti-Infective and Ophthalmology, Drug Discovery Outsourcing Market, By Region, 2019-2027 (USD Billion)
25. North America Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
26. North America Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
27. North America Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
28. U.S. Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
29. U.S. Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
30. U.S. Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
31. Canada Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
32. Canada Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
33. Canada Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
34. Mexico Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
35. Mexico Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
36. Mexico Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
37. Europe Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
38. Europe Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
39. Europe Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
40. Germany Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
41. Germany Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
42. Germany Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
43. France Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
44. France Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
45. France Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
46. U.K. Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
47. U.K. Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
48. U.K. Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
49. Italy Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
50. Italy Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
51. Italy Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
52. Spain Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
53. Spain Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
54. Spain Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
55. Asia Pacific Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
56. Asia Pacific Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
57. Asia Pacific Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
58. Japan Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
59. Japan Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
60. Japan Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
61. China Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
62. China Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
63. China Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
64. India Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
65. India Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
66. India Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
67. South America Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
68. South America Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
69. South America Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
70. Brazil Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
71. Brazil Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
72. Brazil Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
73. Middle East and Africa Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
74. Middle East and Africa Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
75. Middle East and Africa Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
76. UAE Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
77. UAE Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
78. UAE Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
79. South Africa Drug Discovery Outsourcing Market, By Product, 2019-2027 (USD Billion)
80. South Africa Drug Discovery Outsourcing Market, By Workflow, 2019-2027 (USD Billion)
81. South Africa Drug Discovery Outsourcing Market, By Therapeutic Area, 2019-2027 (USD Billion)
List of Figures
1. Global Drug Discovery Outsourcing Market Segmentation
2. Global Drug Discovery Outsourcing Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Drug Discovery Outsourcing Market Attractiveness Analysis By Product
9. Global Drug Discovery Outsourcing Market Attractiveness Analysis By Workflow
10. Global Drug Discovery Outsourcing Market Attractiveness Analysis By Therapeutic Area
11. Global Drug Discovery Outsourcing Market Attractiveness Analysis By Region
12. Global Drug Discovery Outsourcing Market: Dynamics
13. Global Drug Discovery Outsourcing Market Share By Product (2020 & 2027)
14. Global Drug Discovery Outsourcing Market Share by Workflow (2020 & 2027)
15. Global Drug Discovery Outsourcing Market Share By Therapeutic Area (2020 & 2027)
16. Global Drug Discovery Outsourcing Market Share by Regions (2020 & 2027)
17. Global Drug Discovery Outsourcing Market Share by Company (2019)
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