The global drug discovery market is anticipated to grow at a considerable CAGR of 13.5% during the forecast period (2024-2031). The rising research and development activities is one of the prime factors affecting and driving the market. The companies are investing in research and development activities in order to gain and discover new drugs and devices for giving effective treatment to patients across the globe which in turn is boosting the growth of the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/drug-discovery-market
To gain on the opportunity key players operating in the drug discovery market had been adopting strategy such as new launches. For instance, in October 2020, GlaxoSmithKline plc., had introduced artificial intelligence (AI) with the partnership done with Nvidia which is one of the tech companies. Through this partnership GlaxoSmithKline plc., will utilize its clinical and genomic data by combining it with Nvidia computing systems in order to discover new drugs and vaccines.
Full report of Drug Discovery Market available @ https://www.omrglobal.com/press-release/global-drug-discovery-market
Market Coverage
• Segment Covered-
o By Type
o By End User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc., Merck & Co., and Pfizer Inc.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Drug Discovery Market – Segmentation
By Type
• Pharmacogenomics
• High Throughput Screening
• Genomics
• Bioinformatics
• Biochips
• Nanotechnology
By End User
• Pharmaceutical Companies
• Biopharmaceutical Companies
• Biotech Companies
• Research Institutes
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/drug-discovery-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
