Drug Discovery Technologies Market Size, Overview And Forecast To 2032

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Drug Discovery Technologies Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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Drug Discovery Technologies Market Segments
The Business Research Company segments its Drug
Discovery Technologies Market report as
High Throughput Screening, Genomics,
Nanotechnology, Bioinformatics, Combinational
Chemistry, Pharmacogenomics, Biochips,
Bioanalytical Instruments, Ribonucleic Acid
Interface (RNAI)
By Technology
Small Molecule Drugs, Biologic Drugs
By Drug Type
By Disease Application
Cancer Diseases, Immunological Diseases,
Neurological Diseases, Cardiovascular Diseases,
Other Disease Applications
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Drug Discovery Technologies Market Statistics
The global drug discovery technologies market is
expected to grow from 59.86 billion in 2022 to
66.08 billion in 2023 at a compound annual
growth rate (CAGR) of 10.3. The Russia-Ukraine
war disrupted the chances of global economic
recovery from the COVID-19 pandemic. The war
between these two countries has led to economic
sanctions on multiple countries, surge in
commodity prices, and supply chain disruptions,
causing inflation across goods and services and
resulted in increased interest rates affecting
many markets across the globe. The drug discovery
technologies market is expected to reach 97.09
billion in 2027 at a CAGR of 10.1.
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Key Market Drivers And Trends
Drivers
The rising prevalence of acute and chronic
diseases is expected to propel the drug discovery
technologies market going forward.
Trends
The invention of advanced technologies is a key
trend in the drug discovery technologies market.
Region
North America was the largest region in the drug
discovery technologies market in 2022.
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Key Market Players

• Major players in the Drug Discovery Technologies
  Market are
• F. Hoffmann-La Roche AG
• Novartis AG
• Thermo Fisher Scientific Inc.
• AstraZeneca plc.
• Merck KGaA

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5 Reasons Why TBRC Is The Solution You Need

1. Measure the impact of high global inflation on
   market growth
2. Outperform competitors using forecast data and
   the drivers and trends shaping the market
3. Get a comprehensive market sizing report with a
   truly global perspective covering 60 geographies
   from The Business Research Company, with data
   from 2017 to 2023 and forecasts up to 2032.
4. Assess the Russia-Ukraine wars impact on
   commodity supply and its direct and indirect
   impact on all the markets
5. Benchmark performance against key competitors.

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