Drug Discovery Services - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

• Description
• Table of Contents
• Table of Figures
• PDF Download

• Description
• Table of Contents
• Table of Figures
• PDF Download

In the fields of medicine, biotechnology and pharmacology, drug discovery is the process by which new candidate medications are discovered. Historically, drugs were discovered through identifying the active ingredient from traditional remedies or by serendipitousdiscovery.

The global market for Drug Discovery Services was estimated to be worth US$ 17840 million in 2023 and is forecast to a readjusted size of US$ 34250 million by 2030 with a CAGR of 11.1% during the forecast period 2024-2030

Drug Discovery Services Market Size

M= millions and B=billions

The Drug Discovery Services market refers to the range of services provided by contract research organizations (CROs) and other service providers to support the drug discovery and development process. This market includes services such as target identification, lead optimization, preclinical testing, and clinical trial support. The Drug Discovery Services market has been experiencing significant growth due to factors such as the increasing complexity of drug development, rising outsourcing of research activities, and the need for specialized expertise. Key players in the market include CROs, pharmaceutical companies, and biotechnology firms. Geographically, the market is global, with regions witnessing a growing demand for outsourced drug discovery services. 
Report Scope
This report aims to provide a comprehensive presentation of the global market for Drug Discovery Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Drug Discovery Services by region & country, by Type, and by Application.

The Drug Discovery Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drug Discovery Services.

Market Segmentation

• Report Metric

• Details

• Report Title

• Drug Discovery Services - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

• Forecasted Market Size in 2030

• US$ 34250 million

• CAGR(2024-2030)

• 11.1%

• Market Size Available for Years

• 2019-2030

• Global Drug Discovery Services Companies Covered

• IQVIA, Charles River Laboratories, Aptuit, Evotec, GenScript, PPD, WuXi AppTec, AMRI

• Global Drug Discovery Services Market, by Region

• North America (U.S., Canada, Mexico)

  Europe (Germany, France, UK, Italy, etc.)

  Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

  South America (Brazil, etc.)

  Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

• Global Drug Discovery Services Market, Segment by Type

• Chemical Services

  Biological Services

  Lead Optimization

  Lead Identification and Screening

• Global Drug Discovery Services Market, Segment by Application

• Pharmaceutical Companies

  Other

• Forecast Units

• USD million in value

• Report Coverage

• Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Drug Discovery Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Drug Discovery Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Drug Discovery Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

 1 Market Overview
    1.1 Drug Discovery Services Product Introduction
    1.2 Global Drug Discovery Services Market Size Forecast
    1.3 Drug Discovery Services Market Trends & Drivers
        1.3.1 Drug Discovery Services Industry Trends
        1.3.2 Drug Discovery Services Market Drivers & Opportunity
        1.3.3 Drug Discovery Services Market Challenges
        1.3.4 Drug Discovery Services Market Restraints
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Competitive Analysis by Company
    2.1 Global Drug Discovery Services Players Revenue Ranking (2023)
    2.2 Global Drug Discovery Services Revenue by Company (2019-2024)
    2.3 Key Companies Drug Discovery Services Manufacturing Base Distribution and Headquarters
    2.4 Key Companies Drug Discovery Services Product Offered
    2.5 Key Companies Time to Begin Mass Production of Drug Discovery Services
    2.6 Drug Discovery Services Market Competitive Analysis
        2.6.1 Drug Discovery Services Market Concentration Rate (2019-2024)
        2.6.2 Global 5 and 10 Largest Companies by Drug Discovery Services Revenue in 2023
        2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Drug Discovery Services as of 2023)
    2.7 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
    3.1 Introduction by Type
        3.1.1 Chemical Services
        3.1.2 Biological Services
        3.1.3 Lead Optimization
        3.1.4 Lead Identification and Screening
    3.2 Global Drug Discovery Services Sales Value by Type
        3.2.1 Global Drug Discovery Services Sales Value by Type (2019 VS 2023 VS 2030)
        3.2.2 Global Drug Discovery Services Sales Value, by Type (2019-2030)
        3.2.3 Global Drug Discovery Services Sales Value, by Type (%) (2019-2030)

 4 Segmentation by Application
    4.1 Introduction by Application
        4.1.1 Pharmaceutical Companies
        4.1.2 Other
    4.2 Global Drug Discovery Services Sales Value by Application
        4.2.1 Global Drug Discovery Services Sales Value by Application (2019 VS 2023 VS 2030)
        4.2.2 Global Drug Discovery Services Sales Value, by Application (2019-2030)
        4.2.3 Global Drug Discovery Services Sales Value, by Application (%) (2019-2030)

 5 Segmentation by Region
    5.1 Global Drug Discovery Services Sales Value by Region
        5.1.1 Global Drug Discovery Services Sales Value by Region: 2019 VS 2023 VS 2030
        5.1.2 Global Drug Discovery Services Sales Value by Region (2019-2024)
        5.1.3 Global Drug Discovery Services Sales Value by Region (2025-2030)
        5.1.4 Global Drug Discovery Services Sales Value by Region (%), (2019-2030)
    5.2 North America
        5.2.1 North America Drug Discovery Services Sales Value, 2019-2030
        5.2.2 North America Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    5.3 Europe
        5.3.1 Europe Drug Discovery Services Sales Value, 2019-2030
        5.3.2 Europe Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    5.4 Asia Pacific
        5.4.1 Asia Pacific Drug Discovery Services Sales Value, 2019-2030
        5.4.2 Asia Pacific Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    5.5 South America
        5.5.1 South America Drug Discovery Services Sales Value, 2019-2030
        5.5.2 South America Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    5.6 Middle East & Africa
        5.6.1 Middle East & Africa Drug Discovery Services Sales Value, 2019-2030
        5.6.2 Middle East & Africa Drug Discovery Services Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
    6.1 Key Countries/Regions Drug Discovery Services Sales Value Growth Trends, 2019 VS 2023 VS 2030
    6.2 Key Countries/Regions Drug Discovery Services Sales Value
    6.3 United States
        6.3.1 United States Drug Discovery Services Sales Value, 2019-2030
        6.3.2 United States Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.3.3 United States Drug Discovery Services Sales Value by Application, 2023 VS 2030
    6.4 Europe
        6.4.1 Europe Drug Discovery Services Sales Value, 2019-2030
        6.4.2 Europe Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.4.3 Europe Drug Discovery Services Sales Value by Application, 2023 VS 2030
    6.5 China
        6.5.1 China Drug Discovery Services Sales Value, 2019-2030
        6.5.2 China Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.5.3 China Drug Discovery Services Sales Value by Application, 2023 VS 2030
    6.6 Japan
        6.6.1 Japan Drug Discovery Services Sales Value, 2019-2030
        6.6.2 Japan Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.6.3 Japan Drug Discovery Services Sales Value by Application, 2023 VS 2030
    6.7 South Korea
        6.7.1 South Korea Drug Discovery Services Sales Value, 2019-2030
        6.7.2 South Korea Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.7.3 South Korea Drug Discovery Services Sales Value by Application, 2023 VS 2030
    6.8 Southeast Asia
        6.8.1 Southeast Asia Drug Discovery Services Sales Value, 2019-2030
        6.8.2 Southeast Asia Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.8.3 Southeast Asia Drug Discovery Services Sales Value by Application, 2023 VS 2030
    6.9 India
        6.9.1 India Drug Discovery Services Sales Value, 2019-2030
        6.9.2 India Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
        6.9.3 India Drug Discovery Services Sales Value by Application, 2023 VS 2030

 7 Company Profiles
    7.1 IQVIA
        7.1.1 IQVIA Profile
        7.1.2 IQVIA Main Business
        7.1.3 IQVIA Drug Discovery Services Products, Services and Solutions
        7.1.4 IQVIA Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.1.5 IQVIA Recent Developments
    7.2 Charles River Laboratories
        7.2.1 Charles River Laboratories Profile
        7.2.2 Charles River Laboratories Main Business
        7.2.3 Charles River Laboratories Drug Discovery Services Products, Services and Solutions
        7.2.4 Charles River Laboratories Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.2.5 Charles River Laboratories Recent Developments
    7.3 Aptuit
        7.3.1 Aptuit Profile
        7.3.2 Aptuit Main Business
        7.3.3 Aptuit Drug Discovery Services Products, Services and Solutions
        7.3.4 Aptuit Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.3.5 Evotec Recent Developments
    7.4 Evotec
        7.4.1 Evotec Profile
        7.4.2 Evotec Main Business
        7.4.3 Evotec Drug Discovery Services Products, Services and Solutions
        7.4.4 Evotec Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.4.5 Evotec Recent Developments
    7.5 GenScript
        7.5.1 GenScript Profile
        7.5.2 GenScript Main Business
        7.5.3 GenScript Drug Discovery Services Products, Services and Solutions
        7.5.4 GenScript Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.5.5 GenScript Recent Developments
    7.6 PPD
        7.6.1 PPD Profile
        7.6.2 PPD Main Business
        7.6.3 PPD Drug Discovery Services Products, Services and Solutions
        7.6.4 PPD Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.6.5 PPD Recent Developments
    7.7 WuXi AppTec
        7.7.1 WuXi AppTec Profile
        7.7.2 WuXi AppTec Main Business
        7.7.3 WuXi AppTec Drug Discovery Services Products, Services and Solutions
        7.7.4 WuXi AppTec Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.7.5 WuXi AppTec Recent Developments
    7.8 AMRI
        7.8.1 AMRI Profile
        7.8.2 AMRI Main Business
        7.8.3 AMRI Drug Discovery Services Products, Services and Solutions
        7.8.4 AMRI Drug Discovery Services Revenue (US$ Million) & (2019-2024)
        7.8.5 AMRI Recent Developments

 8 Industry Chain Analysis
    8.1 Drug Discovery Services Industrial Chain
    8.2 Drug Discovery Services Upstream Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
        8.2.3 Manufacturing Cost Structure
    8.3 Midstream Analysis
    8.4 Downstream Analysis (Customers Analysis)
    8.5 Sales Model and Sales Channels
        8.5.1 Drug Discovery Services Sales Model
        8.5.2 Sales Channel
        8.5.3 Drug Discovery Services Distributors

 9 Research Findings and Conclusion

 10 Appendix
    10.1 Research Methodology
        10.1.1 Methodology/Research Approach
        10.1.2 Data Source
    10.2 Author Details
    10.3 Disclaimer

List of Tables
    Table 1. Drug Discovery Services Market Trends
    Table 2. Drug Discovery Services Market Drivers & Opportunity
    Table 3. Drug Discovery Services Market Challenges
    Table 4. Drug Discovery Services Market Restraints
    Table 5. Global Drug Discovery Services Revenue by Company (2019-2024) & (US$ Million)
    Table 6. Global Drug Discovery Services Revenue Market Share by Company (2019-2024)
    Table 7. Key Companies Drug Discovery Services Manufacturing Base Distribution and Headquarters
    Table 8. Key Companies Drug Discovery Services Product Type
    Table 9. Key Companies Time to Begin Mass Production of Drug Discovery Services
    Table 10. Global Drug Discovery Services Companies Market Concentration Ratio (CR5 and HHI)
    Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Drug Discovery Services as of 2023)
    Table 12. Mergers & Acquisitions, Expansion Plans
    Table 13. Global Drug Discovery Services Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
    Table 14. Global Drug Discovery Services Sales Value by Type (2019-2024) & (US$ Million)
    Table 15. Global Drug Discovery Services Sales Value by Type (2025-2030) & (US$ Million)
    Table 16. Global Drug Discovery Services Sales Market Share in Value by Type (2019-2024) & (%)
    Table 17. Global Drug Discovery Services Sales Market Share in Value by Type (2025-2030) & (%)
    Table 18. Global Drug Discovery Services Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
    Table 19. Global Drug Discovery Services Sales Value by Application (2019-2024) & (US$ Million)
    Table 20. Global Drug Discovery Services Sales Value by Application (2025-2030) & (US$ Million)
    Table 21. Global Drug Discovery Services Sales Market Share in Value by Application (2019-2024) & (%)
    Table 22. Global Drug Discovery Services Sales Market Share in Value by Application (2025-2030) & (%)
    Table 23. Global Drug Discovery Services Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
    Table 24. Global Drug Discovery Services Sales Value by Region (2019-2024) & (US$ Million)
    Table 25. Global Drug Discovery Services Sales Value by Region (2025-2030) & (US$ Million)
    Table 26. Global Drug Discovery Services Sales Value by Region (2019-2024) & (%)
    Table 27. Global Drug Discovery Services Sales Value by Region (2025-2030) & (%)
    Table 28. Key Countries/Regions Drug Discovery Services Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
    Table 29. Key Countries/Regions Drug Discovery Services Sales Value, (2019-2024) & (US$ Million)
    Table 30. Key Countries/Regions Drug Discovery Services Sales Value, (2025-2030) & (US$ Million)
    Table 31. IQVIA Basic Information List
    Table 32. IQVIA Description and Business Overview
    Table 33. IQVIA Drug Discovery Services Products, Services and Solutions
    Table 34. Revenue (US$ Million) in Drug Discovery Services Business of IQVIA (2019-2024)
    Table 35. IQVIA Recent Developments
    Table 36. Charles River Laboratories Basic Information List
    Table 37. Charles River Laboratories Description and Business Overview
    Table 38. Charles River Laboratories Drug Discovery Services Products, Services and Solutions
    Table 39. Revenue (US$ Million) in Drug Discovery Services Business of Charles River Laboratories (2019-2024)
    Table 40. Charles River Laboratories Recent Developments
    Table 41. Aptuit Basic Information List
    Table 42. Aptuit Description and Business Overview
    Table 43. Aptuit Drug Discovery Services Products, Services and Solutions
    Table 44. Revenue (US$ Million) in Drug Discovery Services Business of Aptuit (2019-2024)
    Table 45. Aptuit Recent Developments
    Table 46. Evotec Basic Information List
    Table 47. Evotec Description and Business Overview
    Table 48. Evotec Drug Discovery Services Products, Services and Solutions
    Table 49. Revenue (US$ Million) in Drug Discovery Services Business of Evotec (2019-2024)
    Table 50. Evotec Recent Developments
    Table 51. GenScript Basic Information List
    Table 52. GenScript Description and Business Overview
    Table 53. GenScript Drug Discovery Services Products, Services and Solutions
    Table 54. Revenue (US$ Million) in Drug Discovery Services Business of GenScript (2019-2024)
    Table 55. GenScript Recent Developments
    Table 56. PPD Basic Information List
    Table 57. PPD Description and Business Overview
    Table 58. PPD Drug Discovery Services Products, Services and Solutions
    Table 59. Revenue (US$ Million) in Drug Discovery Services Business of PPD (2019-2024)
    Table 60. PPD Recent Developments
    Table 61. WuXi AppTec Basic Information List
    Table 62. WuXi AppTec Description and Business Overview
    Table 63. WuXi AppTec Drug Discovery Services Products, Services and Solutions
    Table 64. Revenue (US$ Million) in Drug Discovery Services Business of WuXi AppTec (2019-2024)
    Table 65. WuXi AppTec Recent Developments
    Table 66. AMRI Basic Information List
    Table 67. AMRI Description and Business Overview
    Table 68. AMRI Drug Discovery Services Products, Services and Solutions
    Table 69. Revenue (US$ Million) in Drug Discovery Services Business of AMRI (2019-2024)
    Table 70. AMRI Recent Developments
    Table 71. Key Raw Materials Lists
    Table 72. Raw Materials Key Suppliers Lists
    Table 73. Drug Discovery Services Downstream Customers
    Table 74. Drug Discovery Services Distributors List
    Table 75. Research Programs/Design for This Report
    Table 76. Key Data Information from Secondary Sources
    Table 77. Key Data Information from Primary Sources
    Table 78. Business Unit and Senior & Team Lead Analysts
List of Figures
    Figure 1. Drug Discovery Services Product Picture
    Figure 2. Global Drug Discovery Services Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
    Figure 3. Global Drug Discovery Services Sales Value (2019-2030) & (US$ Million)
    Figure 4. Drug Discovery Services Report Years Considered
    Figure 5. Global Drug Discovery Services Players Revenue Ranking (2023) & (US$ Million)
    Figure 6. The 5 and 10 Largest Manufacturers in the World: Market Share by Drug Discovery Services Revenue in 2023
    Figure 7. Drug Discovery Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
    Figure 8. Chemical Services Picture
    Figure 9. Biological Services Picture
    Figure 10. Lead Optimization Picture
    Figure 11. Lead Identification and Screening Picture
    Figure 12. Global Drug Discovery Services Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 13. Global Drug Discovery Services Sales Value Market Share by Type, 2023 & 2030
    Figure 14. Product Picture of Pharmaceutical Companies
    Figure 15. Product Picture of Other
    Figure 16. Global Drug Discovery Services Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
    Figure 17. Global Drug Discovery Services Sales Value Market Share by Application, 2023 & 2030
    Figure 18. North America Drug Discovery Services Sales Value (2019-2030) & (US$ Million)
    Figure 19. North America Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    Figure 20. Europe Drug Discovery Services Sales Value (2019-2030) & (US$ Million)
    Figure 21. Europe Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    Figure 22. Asia Pacific Drug Discovery Services Sales Value (2019-2030) & (US$ Million)
    Figure 23. Asia Pacific Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    Figure 24. South America Drug Discovery Services Sales Value (2019-2030) & (US$ Million)
    Figure 25. South America Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    Figure 26. Middle East & Africa Drug Discovery Services Sales Value (2019-2030) & (US$ Million)
    Figure 27. Middle East & Africa Drug Discovery Services Sales Value by Country (%), 2023 VS 2030
    Figure 28. Key Countries/Regions Drug Discovery Services Sales Value (%), (2019-2030)
    Figure 29. United States Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 30. United States Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 31. United States Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 32. Europe Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 33. Europe Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 34. Europe Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 35. China Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 36. China Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 37. China Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 38. Japan Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 39. Japan Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 40. Japan Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 41. South Korea Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 42. South Korea Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 43. South Korea Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 44. Southeast Asia Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 45. Southeast Asia Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 46. Southeast Asia Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 47. India Drug Discovery Services Sales Value, (2019-2030) & (US$ Million)
    Figure 48. India Drug Discovery Services Sales Value by Type (%), 2023 VS 2030
    Figure 49. India Drug Discovery Services Sales Value by Application (%), 2023 VS 2030
    Figure 50. Drug Discovery Services Industrial Chain
    Figure 51. Drug Discovery Services Manufacturing Cost Structure
    Figure 52. Channels of Distribution (Direct Sales, and Distribution)
    Figure 53. Bottom-up and Top-down Approaches for This Report
    Figure 54. Data Triangulation

In the fields of medicine, biotechnology and pharmacology, drug discovery is the process by which new candidate medications are discovered. Historically, drugs were discovered through identifying the active ingredient from traditional remedies or by serendipitousdiscovery.

The global market for Drug Discovery Services was estimated to be worth US$ 17840 million in 2023 and is forecast to a readjusted size of US$ 34250 million by 2030 with a CAGR of 11.1% during the forecast period 2024-2030

The Drug Discovery Services market refers to the range of services provided by contract research organizations (CROs) and other service providers to support the drug discovery and development process. This market includes services such as target identification, lead optimization, preclinical testing, and clinical trial support. The Drug Discovery Services market has been experiencing significant growth due to factors such as the increasing complexity of drug development, rising outsourcing of research activities, and the need for specialized expertise. Key players in the market include CROs, pharmaceutical companies, and biotechnology firms. Geographically, the market is global, with regions witnessing a growing demand for outsourced drug discovery services. 
Report Scope
This report aims to provide a comprehensive presentation of the global market for Drug Discovery Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Drug Discovery Services by region & country, by Type, and by Application.

The Drug Discovery Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drug Discovery Services.

Market Segmentation

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Drug Discovery Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Drug Discovery Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Drug Discovery Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.