Drug Discovery Market SIze, Trends, Growth And Analysis Report To 2023

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Drug Discovery Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Drug Discovery Market Segments
The Business Research Company segments its 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
By Technology
Oncology, Neurology, Infectious and Immune System
Diseases, Digestive System Diseases
By Therapeutic
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Market Statistics
The global drug discovery market size will grow
from 85.42 billion in 2022 to 98.48 billion in
2023 at a compound annual growth rate (CAGR) of
15.3. The market size of the drug discovery is
expected to grow to 158.67 billion in 2027 at a
CAGR of 12.7.
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Key Market Drivers And Trends
Drivers
Rising healthcare expenditure is expected to
propel the drug discovery market going forward.
Trends
Technological advancements are a key trend in the
drug discovery market.
Region
North America was the largest region in the drug
discovery market in 2022. Asia-Pacific is
expected to be the fastest-growing region in the
forecast period. The regions covered in the drug
discovery market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South
America, the Middle East, and Africa.
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Key Market Players

• Major players in the drug discovery market are
• Pfizer Inc
• GlaxoSmithKline PLC
• Merck Co. Inc.
• Agilent Technologies Inc.
• Eli Lilly and Company
• And more.

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