New York, NY, March 11th, 2019 – The Study On Major Key Players in the High Throughput Screening Market are Agilent Technologies, Thermo Fisher Scientific, Danaher Corporation, Corning Incorporated, Aurora Instruments Ltd., BioTek Instruments, Inc., PerkinElmer Inc., Merck KGaA, AXXAM S.p.A., and Tecan Trading AG.
According to the new market research report “High Throughput Screening Market by Technology (Bioinformatics, Lab on a Chip, Cell-Based Assays) Application (Toxicology, Primary Screening, Target Identification & validation), End User (Academic and Government Institutes, Pharmaceutical and Biotechnology Companies, Contract Research Organizations, Others) and Region – Global Analysis & Forecast 2019-2030”, published by Market Industry Reports, the global high throughput screening market was valued at over US$ 14.0 Mn in 2017 and is expected to grow at a substantial CAGR during the forecasted period.
The global high throughput screening market is segmented by technology, application, end user, and region. On the basis of technology, the high throughput screening market is segmented into bioinformatics, Lab-on-a-chip (LOC), cell-based assays, 2D cell culture, 3D cell culture, perfusion cell culture, ultra-high-throughput screening, and label-free technology. The segment of 3D Cell Culture can be further classified into scaffold-based technologies and scaffold-free technologies.
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High Associated Costs to Restrain the Market Growth
High throughput screening process incurs costs and is a time consuming procedure and is one of the major factors affecting the growth of the high throughput screening market. The entire process of high throughput screening in drug formulation is extremely tedious, requiring soaring investments both in terms of revenue as well as technology and man power. Thereby, increasing cost of the products, also various regulatory approvals are required accompanied with stringent government rules making this a process costly and is time consuming. Hence, limiting the use of high throughput screening studies and techniques and restraining the extensive growth of the market during the forecast period
Increasing Prevalence of Chronic Disorders to Promote Growth
The high throughput screening is focused on development therapeutics for the treatment for numerous disorders and ailments including antitumor drugs and several others. The growing prevalence of chronic disorders is promoting the growth of the market, for improved treatment and better quality of life for patients. According to World Health Organization (WHO), in 2017, diabetes accounted for 1.6 million deaths worldwide.
Global High Throughput Screening Market – Analysis & Forecast, By Application
– Toxicology assessment
– Primary & secondary screening
– Target identification & validation
– Other applications
Global High Throughput Screening Market – Analysis & Forecast, By End User
– Academic And Government Institutes
– Pharmaceutical And Biotechnology Companies
– Contract Research Organizations
– Other End User
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Key points from TOC
11 COMPANY PROFILES
(Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
11.1 Agilent Technologies
11.2 Thermo Fisher Scientific
11.3 Danaher Corporation
11.4 Corning Incorporated
11.5 Aurora Instruments Ltd.
11.6 BioTek Instruments, Inc.
11.7 PerkinElmer Inc.
11.8 Merck KGaA
11.9 AXXAM S.p.A.
11.10 Tecan Trading AG
This High Throughput Screening market report holds answers to some important questions like:
– What is the size of occupied by the prominent leaders for the forecast period, 2019 to 2030? What will be the share and the growth rate of the High Throughput Screening market during the forecast period?
– What are the future prospects for the High Throughput Screening industry in the coming years?
– Which trends are likely to contribute to the development rate of the industry during the forecast period, 2019 to 2030?
– What are the future prospects of the High Throughput Screening industry for the forecast period, 2019 to 2030?
– Which countries are expected to grow at the fastest rate?
– Which factors have attributed to an increased sale worldwide?
– What is the present status of competitive development?
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