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Compound Management Market Size, Share Global Analysis Report, 2019 – 2026
Compound Management Market By Type (Services and Products); by Sample Type (Bio Samples and Chemical Compounds); by Application (Bio Banking, Gene Synthesis, Drug Discovery and Other Applications); by End User (Contract Research Organizations, Biopharmaceutical Companies, Pharmaceutical Companies and Other End Users): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2026
Industry Insights
The compound management market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire compound management market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD 730 Million) from FY 2016 – 2026.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the compound management industry. The report analyzes and declares the historical and current trends analysis of the compound management industry and subsequently recommends the projected trends anticipated to be observed in the compound management market during the upcoming years.
Key Insights from Primary Research
- As per our primary respondents, the global compound management market is set to grow annually at a rate of around 12.3%.
- It was established through primary research that the global compound management market was valued at around USD 280 Million in 2019.
- The “product” category, on the basis of type segmentation, was the leading revenue-generating category in 2019.
- On the basis of end-user segmentation, the “pharmaceutical companies” category was the leading revenue-generating category in 2019.
- Based on the region, North America was the leading revenue-generating category in 2019.
Key Recommendations from Analysts
- As per our analysis, the global compound management market is growing at a high CAGR and various end-use industries are aware of this potential market and applications of compound management.
- Growing at a CAGR of around 12.3%, the global compound management market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified product and pharmaceutical companies segments that will be dominating for global compound management market in terms of type and end-user segmentation respectively.
- As per our analysis, North America is expected to account for the maximum revenue share, in the target market.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the compound management industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the compound management industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the compound management market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the compound management industry. The compound management market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the compound management sector. Vital strategic developments in the compound management market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the compound management market are appropriately highlighted in the report.
The compound management market is estimated to develop with a healthy CAGR in the upcoming years. The compound management sector is motivated by a rising increase in R&D, the growth of product disclosures worldwide, a flood of synthetic libraries, technological innovations, innovations in the biopharmaceutical industry, and an increasing interest in the redistribution of synthetic compounds and biologics. High-start capital projects can, however, serve as limiting components for the growth of the business. The focal point of significant makers on business growth in the developing business sector can pose a significant potential for a compound management market.
The global compound management market has been segmented on the basis of type, sample type, end-user, and application. On the basis of type segment the target market is segmented into services and products. On the basis of the sample type segment, the global market is segmented into chemical compounds and biosamples. On the basis of the application segment, the global market is segmented into biobanking, drug discovery, gene synthesis, and other applications. Additionally, the End User segment is bifurcated as CRO, pharmaceutical companies, biopharmaceutical companies, and others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 280 Million |
Projected Market Size in 2026 |
USD 730 Million |
CAGR Growth Rate |
14.3% CAGR |
Base Year |
2020 |
Forecast Years |
2020-2026 |
Key Market Players |
Wuxi Apptec, Icagen, TTP Group, Tecan, TCG Lifesciences, Hamilton Company, Frontier Scientific., Evotec, Biosero, Labcyte, and Brooks Automation. |
Key Segment |
By Type, By Sample Type, By Application, By End User, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the essential players operating in the market are as follows:
- Wuxi Apptec
- Icagen
- TTP Group
- Tecan
- TCG Lifesciences
- Hamilton Company
- Frontier Scientific
- Evotec
- Biosero
- Labcyte
- Brooks Automation.
The taxonomy of the compound management Market by its scope and segmentation is as follows:
By Type
- Products
- Software
- Automated Compound/Sample Storage Systems
- Automated Liquid Handling Systems
- Other Compound/Sample Storage Systems
- Services
By Sample Type
- Chemical Compounds
- Bio samples
By Application
- Drug Discovery
- Gene Synthesis
- Bio Banking
- Other applications
By End User
- Pharmaceutical companies
- Research laboratories
- Contract research organizations
- Other end users
By Region
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest Of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East & Africa
Table of Content
Industry Major Market Players
- Wuxi Apptec
- Icagen
- TTP Group
- Tecan
- TCG Lifesciences
- Hamilton Company
- Frontier Scientific
- Evotec
- Biosero
- Labcyte
- Brooks Automation.
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