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The global small molecule drug discovery market size is expected to grow from $52.14 billion in 2022 to $57.51 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%.
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Small Molecule Drug Discovery Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Small Molecule Drug Discovery Segments The Business Research Company segments it’s Small Molecule Drug Discovery report as: By Drug Type Small Molecule Drugs, Biologic Drugs High Throughput Screening, Pharmacogenomics, Combinatorial Chemistry, Nanotechnology, Others By Technology By Process/Phase Target ID Or Validation, Hit Generation And Selection, Lead Identification, Lead Optimization By End-User Pharmaceutical Companies, Contract Research Organizations, Others By Therapeutic Area Oncology, Central Nervous System, Cardiovascular, Respiratory, Metabolic Disorders, Gastrointestinal, Others
Market Statistics The global small molecule drug discovery market size is expected to grow from $52.14 billion in 2022 to $57.51 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The global small molecule drug discovery market size is expected to reach $82.56 billion in 2027 at a CAGR of 9.5%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The rising incidence of chronic diseases is expected to boost the growth of the small molecule drug discovery market going forward. Trends Technological innovations are the key trend gaining popularity in the small molecule drug discovery market. • Region North America was the largest region in the small molecule drug discovery market in 2022. Europe is expected to be the fastest-growing region in the global small molecule drug discovery market report during the forecast period. The regions covered in the global small molecule drug discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Market Players • Major players in the Small Molecule Drug Discovery are: • Pfizer Inc. • Bristol-Myers Squibb Company • GlaxoSmithKline plc • Boehringer Ingelheim International GmbH • AstraZeneca • And more. Get More Information On The Small Molecule Drug Discovery Report
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