The Insight Partners published latest research report on “Small Molecule Drug Discovery Market Size Report, Share, Growth & Trends Forecast to 2027 - COVID-19 Impact and Global Analysis by Therapeutic Area; Process/Phase; and Geography”,
The Insight Partners published latest research report on "Small Molecule Drug Discovery Market Size Report, Share, Growth & Trends Forecast to 2027 - COVID-19 Impact and Global Analysis by Therapeutic Area; Process/Phase; and Geography”, the global market size was valued at USD 24,976.14 million in 2019 and is projected to reach USD 50,823.06 Mn by 2027; it is expected to grow at a CAGR of 9.5% from 2020 to 2027.
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Small molecules drugs are used in targeted drug delivery in which small molecules pass through the cell membrane and acts on the specific cellular organelle or protein. The small molecules drugs are able to enter cells easily because of its low molecular weight. These molecules are better than monoclonal antibodies and other large molecule drugs due to their size, easy convertibility to oral form and cost affectivity.
Growth Strategies by the Key Players Operating in the Small Molecule Drug Discovery Market:
Jan 20 - Merck KGaa entered into exclusive worldwide research collaboration and license agreement with Taiho Pharmaceutical Co, Ltd., and Astex Pharmaceuticals, a UK based company. This partnership aims to improve small-molecule inhibitors toward several drug targets, such as KRAS oncogene, and others which are currently under-investigated for the treatment of cancer.
Dec 19 - AstraZeneca linked up with DeepMatter, a big data firm focused on achieving reproducibility in chemistry, to help improve the productivity of its automated compound synthesis operations. AstraZeneca aims to use DeepMatter's platform to replay and explore its chemical synthesis reactions digitally and to uncover methods to save time and resources as it builds single compounds or larger libraries.
Jul 19 - Skyhawk Therapeutics, Inc. (Skyhawk) today announced that it has entered a strategic collaboration with Merck, known as MSD outside the United States and Canada, to discover, develop and commercialize small molecules that modulate RNA splicing.
Quickly Purchase Premium Copy of Small Molecule Drug Discovery Market Growth Report (2020-2027) at: https://www.theinsightpartners.com/buy/TIPRE00004774
Global Small Molecule Drug Discovery Market Share Report, Segmentations, Regional & Country Scope:
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Report Coverage |
Details |
|
Market Size Value in |
USD 24,976.14 Million in 2019 |
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Market Size Value by |
USD 50,823.06 Million by 2027 |
|
Growth rate |
CAGR of 9.5% from 2020-2027 |
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Forecast Period |
2020-2027 |
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Base Year |
2020 |
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No. of Pages |
173 |
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No. of Tables |
49 |
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No. of Charts & Figures |
69 |
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Historical data available |
Yes |
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Segments covered |
Therapeutic Area; Process/Phase; and Geography |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
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Country scope |
US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Companies Covered |
Johnson and Johnson Services, Teva Pharmaceutical Industries Ltd, Boehringer Ingelheim International GmbH, Allergan Plc., Pfizer Inc., Bristol-Myers Squibb Company, MERCK KGaA, GlaxoSmithKline plc., AstraZeneca, Gilead Sciences, Inc. |
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Key Research Capabilities |
Global Market Assessment, Business Development Strategies, Competitive Landscape, Opportunity Analysis, Regional and Country Level Market Analysis, Market Entry Strategies, Market Dynamics, Risk and Return Assessments, Pricing Analysis, Market Size and Forecasting, Company Profiling, Value Chain Analysis, Expansion Strategies, SWOT Analysis, New Product Development |
Browse key market insights spread across 173 pages with 49 list of tables & 69 list of figures from the report, "Small Molecule Drug Discovery Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Therapeutic Area (Oncology, Central Nervous System, Cardiovascular, Respiratory, Orthopedics, Immunology, Rare Diseases, and Other Therapeutic Areas); Process/Phase (Target Discovery, Target Validation, Lead Generation and Refinement, and Preclinical Development); and Geography" in detail along with the table of contents: https://www.theinsightpartners.com/reports/small-molecule-drug-discovery-market
Based on process/phase, the global small molecule drug discovery market is segmented into target discovery, target validation, lead generation and refinement, and preclinical development. The lead generation and refinement segment held the largest share of the global small molecule drug discovery market in 2019. However, the target discovery is anticipated to register the highest CAGR during the forecast period. The target discovery segment is expected to grow owing to increasing demand of therapeutics, increasing product approvals, and rising investment in the drug discovery process.
There is increase in demand for small molecules in treatment of various chronic as well as rare diseases for which not much treatment options are available. Moreover, the increasing investments and R&D expenditures by the pharmaceutical players towards development of new targets and lead candidates for small molecules are also expected to foster the market growth. However, high cost involved in the drug discovery process expected to restrain the growth of the market during the forecast period.
The Centre for the Study of Drug Development, Department of Science and Innovation, and Centers for Disease Control and Prevention are some of the essential primary and secondary sources included in the report.
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