DUBLIN, Jan. 31, 2020 /PRNewswire/ -- The "Global Drug Discovery Market 2019-2027" report has been added to ResearchAndMarkets.com's offering.

There are significant market opportunities for growth in the drug discovery market. Many healthcare industries are making investments in improving Big Data analytics to reduce inefficiency and provide services at affordable costs. The rising demand for specialty medicine is also expected to boost the small molecule drug discovery and hence, create growth opportunities for the drug discovery market.According to this research, the global drug discovery market is estimated to grow exponentially during the forecasting period 2019-2027 in terms of revenue at a CAGR of 8.28%.

An increase in the aged population, rise in healthcare expenses, growth in lifestyle-oriented diseases, and technological advancements are the major factors that are driving the overall growth of the drug discovery market. Rigid government regulations and poor reimbursement policies are some of the challenges that are restraining market growth.

Regional Outlook

The drug discovery market in Asia-Pacific is projecting an upward trend, and it is fastest-growing among the regions. The increasing GDP of various countries in the region have influenced the market growth. In countries like China and India, public as well as private sectors are investing huge amounts to support drug discovery.

Japan is known for its technological advancements in several industries. For instance, Japanese corporations have invented a revolutionary system named Peptide Discovery Platform System (PPDS), which helps to manually create millions of various kinds of peptides and extract it for the new drug. This invention has given a new approach to drug discovery.

Agilient Technologies, Inc. is a public research, development and manufacturing company that provides bio-analytical solutions and services to different sectors like diagnostics and genomics, chemical analysis, life sciences, electronics industries, and communications across the world. The company conducts its research to produce innovative and advanced products & services. The company was awarded as one of America's Best Employer For Diversity 2019 by Forbes.

Key Topics Covered:

1. Global Drug Discovery Market - Summary

2. Industry Outlook2.1. Market Definition2.2. Porter's Five Forces Model2.3. Pestle Outlook2.4. Regulatory Framework2.5. Value Chain Outlook2.6. Market Attractiveness Index2.7. Key Insight2.8. Market Drivers2.8.1. Growing Aged Population2.8.2. Technological Advancements2.8.3. Rise in the Healthcare Expenditure2.8.4. Surge in Lifestyle Oriented Diseases2.9. Market Restraints2.9.1. Delay in Product Launches2.9.2. Restricting Growth Rate of A Drug Due to Generic Drugs2.10. Market Opportunities2.10.1. Significant Investment By Healthcare Industries in Improving Big-Data Analytical Capabilities2.10.2. Rising Demand for Specialty Medicines2.11. Market Challenges2.11.1. Poor Reimbursements Policies in Emerging Nations2.11.2. Stringent Government Regulations

3. Drug Discovery Market Outlook - By Drug Type3.1. Small Molecule Drug3.2. Biologic Drug

4. Drug Discovery Market Outlook - By Technology4.1. High Throughput Screening4.2. Biochips4.3. Bioinformatics4.4. Pharmacogenomics and Pharmacogenetics4.5. Combinatorial Chemistry4.6. Nanotechnology4.7. Spectroscopy4.8. Metabolomics4.9. Other Technologies

5. Drug Discovery Market Outlook - By Service5.1. Drug Metabolism and Pharmacokinetics (DMPK) Services5.2. Chemical Services5.3. Biological Services5.4. Other Pharmaceutical Services

6. Drug Discovery Market Outlook - By End-User6.1. Research Institutes6.2. Pharmaceutical Companies6.3. Contract Research Organizations (CROs)6.4. Other End-Users

7. Drug Discovery Market - Regional Outlook

8. Company Profiles

9. Research Methodology & Scope

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/slactg

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Global Drug Discovery Market 2019-2027: Market is Poised to Grow at a CAGR of 8.28% from 2019-2027 - PRNewswire