Drug Discovery Market Report, Growth Analysis, Trends, And Forecast To 2033

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Drug Discovery Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Drug Discovery Market Segments
The Business Research Company segments the drug
discovery market report as
Small Molecule, Large Molecule
By Type
Target Selection, Target Validation, Hit-To-Lead
Identification, Lead Optimization, Candidate
Validation
By Process
High Throughput Screening, Spectroscopy,
Combinatorial Chemistry, Biochips,
Pharmacogenomics And Pharmacogenetics,
Bioinformatics, Metabolomics, Nanotechnology,
Other Technologies
By Technology
By End User
Pharmaceutical Companies, CROs, Other End-Users
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Market Statistics
The global Drug Discovery market size grew
from 98.01 billion in 2023 to 111.48 billion in
2024 at a compound annual growth rate (CAGR) of
13.7. The Drug Discovery market size is expected
to grow to 192.2 billion in 2028 at a compound
annual growth rate (CAGR) of 14.6.
192.2 B
111.48 B
98.01 B
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Key Market Drivers And Trends
Drivers
The rise in healthcare expenditures is expected
to propel the growth of the drug discovery market
going forward.
Trends
Technological advancements is a key trend gaining
popularity in the Drug Discovery market.
Region
North America was the largest region in the Drug
Discovery market in 2023. The regions covered in
the Drug Discovery market analysis report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Top Eleven Players In The Market

• Major players in the market are
• Pfizer Inc.,
• Merck Co. Inc.,
• Novartis International AG,
• Thermo Fisher Scientific Inc.,
• WuXi AppTec Group,
• GlaxoSmithKline PLC

• Evotec SE,
• Eurofins Scientific SE,
• Agilent Technologies Inc.,
• Sanofi S.A.,
• Charles River Laboratories International Inc

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