Global High Throughput Screening (HTS) Market
size is anticipated to value at USD 30.91 billion by 2025, during the forecast
period. HTS market is subject to show a substantial growth due to the growing
emphasis on drug discovery and development coupled with increasing investment
by governmental agencies and research institutes.
With
recent advancement in technology and growing need for automation for liquid
handling, formation of innovative platforms, and improvements in existing
analytical tools allows to handle large sets of data, thus driving growth of
the high throughput screening (HTS) market exponentially. Furthermore, rising
competition between various healthcare and pharmaceutical organizations to
revolutionize drug discovery is catering to the growth of the HTS market in
coming years.
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Constant
demand for high throughput screening (HTS) in research and production areas is
further propelling growth of the HTS market. Globally, the high throughput
screening (HTS) market is predicted to grow at CAGR of 7.89% in forecast
period, providing numerous opportunity for market players to invest for
research and development in the HTS market. High throughput screening, commonly
referred as a high content screening (HCS), majorly adopted to carry out
various genetic, biochemical, and pharmacology studies to help in the drug
discovery procedure involving drug design to medicine trails and analysis of
the effects caused by drug interactions. High throughput screening (HTS)
procedure consists of high-tech software, numerous instruments to manage
liquids, and other detectors to allows rapid identification of active
materials, genetic modifications, and biochemical interactions.
Mounting
demand for highly effective therapies to cure various diseases has led to the
adoption of technology in drug discovery. Monitoring of large amount of
processed data and screening are some of the critical processes that has to be
handled with high precision to achieve required outcome. The latest trends in
the drug discovery involves formation of numerous biochemical libraries to
establish set of standards and record results, thus escalating growth of the high
throughput screening (HTS) market. Though, adoption of such procedure require
specific set of skillset and advanced software to manage and save large amount
of data at high speed, lack of which hampers growth of the high throughput
screening (HTS) market.
High
Throughput Screening (HTS) is widely known drug discovery technique, that is
commonly adopted in the pharmaceutical and healthcare sector. High throughput
screening (HTS) allows use of automation for faster examination and analysis of
the biological and chemical activities of numerous compounds that are used for
production and discovery of drugs. Application of the high throughput screening
(HTS) involves discovering molecular receptors, various enzymes, ion channels
and identification of a chemical pathway. HTS is made feasible for drug
discovery due to modern advancement in robotics and high-speed computing
technique.
The market report addresses
the following queries related to the High Throughput Screening (HTS) Market:
·
What
is the estimated value of the High
Throughput Screening (HTS) Market in 2019?
·
Which
region is expected to present a range of opportunities to market players in the
High Throughput Screening (HTS)
Market?
·
Which
recent market trends are likely to accelerate the growth of the High Throughput Screening (HTS) Market
in the upcoming years?
·
Which
end-use industry is expected to hold the maximum market share in the High Throughput Screening (HTS) Market?
·
What
are the recent mergers and acquisitions that have taken place in the High Throughput Screening (HTS) Market?
Regional Analysis For High
Throughput Screening (HTS) Market:
For
comprehensive understanding of market dynamics, the global High Throughput
Screening (HTS) Market is analyzed across key geographies namely: North
America, Europe, Asia-Pacific, Latin America and Africa. Each of these regions
is analyzed on basis of market findings across major countries in these regions
for a macro-level understanding of the market.
Significant Features that are
under Offering and Key Highlights of the Reports:
Detailed
overview of High Throughput Screening
(HTS) Market
Changing
market dynamics of the High Throughput
Screening (HTS) industry
In-depth
market segmentation by Type, Application etc
Historical,
current and projected market size in terms of volume and value
Recent
High Throughput Screening (HTS)
industry trends and developments
Competitive
landscape of High Throughput Screening (HTS) Market
Strategies
of key players and product offerings
Potential
and niche segments/regions exhibiting promising growth.
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