The Drug Discovery Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Drug Discovery Services Market?
The market size for drug discovery services has experienced fast growth in recent years. In 2024, the market was valued at $18.27 billion, and is projected to increase to $20.59 billion in 2025. This corresponds to a compound annual growth rate (CAGR) of 12.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Drug Discovery Services Industry?
The Drug Discovery Services market is projected to reach a market size of $33.88 billion in 2029, with a compound annual growth rate (CAGR) of 13.3%.
Download Your Free Sample of the 2025 Drug Discovery Services Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Drug Discovery Services Market?
The key drivers in the drug discovery services market are:
• Changes in regulatory frameworks within the industry
• Advancements in drug delivery systems
• Increasing interest in immunotherapy research and treatment
• Shift towards RNA-based therapeutics and focus on rare diseases
Global Market Segmentation: Identifying Major Drug Discovery Services Industry Segments
The drug discovery services market covered in this report is segmented –
1) By Type: Chemistry Services, Biology Services
2) By Process: Target Selection, Target Validation, Hit-To-Lead identification, Lead Optimization, Candidate Validation
3) By Drug Type: Biologics Drug , Small Molecule Drug
4) By End user: Pharmaceutical And Biotechnology Companies, Academic Institutes, Other End Users
Pre-order the 2025 Drug Discovery Services Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Drug Discovery Services Market?
The key trends in the drug discovery services market are:
• The adoption of advanced technologies is a key emerging trend.
• There is an increasing focus towards biologicals and biopharmaceuticals in drug discovery.
• There is a growing trend of adopting high-throughput screening methods.
• The future of the market is seeing a shift towards advancements in virtual screening and a focus on regenerative medicine.
Who Are the Top Competitors & Leading Players in the Drug Discovery Services Market?
Major companies in the drug discovery services market are:
• Thermo Fisher Scientific Inc.
• Albany Molecular Research Inc.
• Charles River Laboratories International Inc.
• Laboratory Corporation of America Holdings
• Domainex Ltd.
• GenScript Biotech Corporation
• Pharmaceutical Product Development LLC
• Advinus Therapeutics Pvt. Ltd.
• Jubilant Biosys Ltd.
• Evotec AG
• Syngene International Ltd.
• Bayer AG
• Merck KGaA
• Ubiquigent Ltd.
• Eurofins Scientific SE
• AppTec Laboratory Services Inc.
• GVK Biosciences Private Limited
• Aurigene Discovery Technologies Limited
• Viva Biotech Holdings
• Pharmaron Beijing Co. Ltd.
• Selcia Limited
• Concept Life Sciences Group Limited
• BioDuro LLC
• ChemPartner Corporation
• Aptuit LLC
• Sygnature Discovery Limited
• Peak Proteins Ltd.
• SRI International
• BioAscent Discovery Limited
• Sai Life Sciences Limited
• Promega Corporation
• MedChemExpress LLC
• Aragen Bioscience Inc.
• WuXi STA
• BioNTech SE
• Moderna Inc.
• Gilead Sciences Inc.
• Vertex Pharmaceuticals Incorporated
• Regeneron Pharmaceuticals Inc.
• Amgen Inc.
• Bristol-Myers Squibb Company
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the drug discovery services market in 2024
