Compound Management Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2021- 2028

Rising demand for personalized medicines is a key factor driving growth of the global compound management market

The Global Compound Management Market research report is a detailed document outlining the recent advancements and developments in the Compound Management business sphere considering 2019 as the base year and 2020-2027 as the forecast timeline. The global compound management market size is expected to reach USD 826.2 Million in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Global compound management market revenue growth is driven by increasing focus on biological research, rapid rise and development of the biopharmaceutical and bio banking sectors, and growing number of clinical trials. Compound management is a process of managing chemical libraries.

Systematic compound management is pivotal during the drug delivery process, where speed, throughput, traceability, and reliability are fundamental. Application of automated technology in compound management helps in faster processing, provides a much higher sample consistency in terms of accuracy of compound concentration, and maintains an even consistency of physical properties across multiple experimental runs. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.

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The report offers a complete analysis of the global Compound Management market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

Key companies profiled in the report include:

  • Brooks Automation,
  • Hamilton Company,
  • TTP Group,
  • Labcyte,
  • Biosero,
  • Tecan,
  • Evotec,
  • Wuxi AppTec,
  • Icagen, and
  • TCG Lifescience

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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Outsourcing services segment is expected to register a 14.4% revenue CAGR throughout the forecast period. This can be attributed to increasing demand for outsourcing compound management services from pharmaceutical, biopharmaceutical companies, and CROs.

For the purpose of this report, Emergen Research has segmented the global compound management market based on solution, sample type, application, end-use, and region:

Solution Outlook (Revenue, USD Million; 2018–2028)

  • Products
    1. Software
    2. Instruments
  • Outsourcing Services

Sample Type Outlook (Revenue, USD Million; 2018–2028)

  • Chemical Compounds
  • Biosamples

Application Outlook (Revenue, USD Million; 2018-2028)

  • Drug Discovery
  • Gene Synthesis
  • Biobanking
  • Others

End-Use Outlook (Revenue, USD Million; 2018–2028)

  • Biopharma Companies
  • Pharma Companies
  • Biobank
  • CRO

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