Market Overview

Global Compound Management Market 2018-2023 - Expansion of Pharma & Biopharma Manufacturing in Emerging Markets

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Global Compound Management Market 2018-2023 - Expansion of Pharma & Biopharma Manufacturing in Emerging Markets

PR Newswire

DUBLIN, Aug. 22, 2018 /PRNewswire/ --

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The "Compound Management Market by Product & Outsourcing Services (Instruments (Automated Storage, Decapper), Software), Sample (Chemical Compounds, Biological Samples), End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global compound management market is projected to reach USD 424.5 million in 2023 from USD 215.3 million in 2018, at CAGR of 14.5%.

Increasing drug discovery activities, growing biopharmaceutical industry, and rising trend in outsourcing compound/sample management are the factors supporting the growth of this market. On the other hand, the large capital investments needed to establish compound management facilities is the major factor limiting market growth.

In this report, the market has been classified based on product & service, sample type, and end user. Based on product and service, the compound management market is segmented into product (instruments and software) & outsourcing services. In 2018, the products segment is expected to account for the largest share of the market. The outsourcing service segment is projected to grow at the highest rate during the forecast period. This high growth is attributed to the shift in trend towards outsourcing compound management to third-party service providers.

On the basis of sample type, the global compound management market is divided into chemical compounds and biosamples. In 2018, the chemical compounds segment is expected to account for the largest share of the global compound management market. The large share can be attributed to the high cost of large automated storage systems.

On the basis of end user, the global compound management products market is divided into pharmaceutical companies, biopharmaceutical companies, contract research organizations (CROs), biobanks, and other end users. In 2018, the pharmaceutical companies segment is expected to account for the largest share of the global compound management products market. The rising drug discovery activity is leading to an increased demand for compounds which is positively affecting the market growth.

In 2018, North America is expected to account for the largest share of the global compound management market. The large share of North America is attributed to the presence of the large pharmaceutical and biopharma industry. As a result, several companies in North America are engaged in drug discovery activities, which require maintenance of huge chemical libraries. Moreover, to maintain the productivity of such innovative drugs and biologics, most of the leading pharma and biopharma companies have started building compound management facilities.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Drug Discovery Activity
5.2.1.2 Growth of the Biopharmaceutical Industry
5.2.1.3 Rising Outsourcing of Compound/Sample Management
5.2.1.4 Growth of the Biobanking Sector
5.2.2 Restraints
5.2.2.1 Large Capital Investments Required to Establish Compound Management Facilities
5.2.3 Opportunities
5.2.3.1 Expansion of Pharma & Biopharma Manufacturing in Emerging Markets

6 Compound/Sample Management Market, By Product & Service

6.1 Introduction
6.2 Compound/Sample Management Products
6.2.1 Instruments
6.2.1.1 Automated Compound/Sample Storage Systems
6.2.1.2 Automated Liquid Handling Systems
6.2.1.3 Other Compound/Sample Management Systems
6.2.2 Software
6.3 Outsourcing Services

7 Compound/Sample Management Market, By Sample Type

7.1 Introduction
7.2 Chemical Compounds
7.3 Biosamples

8 Compound/Sample Management Market, By End User

8.1 Introduction
8.2 Compound/Sample Management Products Market, By End User
8.2.1 Pharmaceutical Companies
8.2.2 Biopharmaceutical Companies
8.2.3 Contract Research Organizations
8.2.4 Biobanks
8.2.5 Other End Users
8.3 Compound/Sample Management Outsourcing Services Market, By End User
8.3.1 Pharmaceutical Companies
8.3.2 Biopharmaceutical Companies
8.3.3 Other End Users

9 Compound/Sample Management Market, By Region

9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Rest of Europe
9.4 Asia Pacific
9.5 Rest of the World

10 Competitive Landscape

10.1 Market Overview
10.2 Market Ranking Analysis, 2017
10.3 Competitive Situation and Trends
10.3.1 Acquisitions
10.3.2 Product Launches & Approvals
10.3.3 Collaborations, Agreements, & Partnerships
10.3.4 Expansions

11 Company Profiles

11.1 Brooks Automation
11.2 Tecan
11.3 Hamilton Company
11.4 TTP Group
11.5 Labcyte
11.6 Biosero
11.7 Evotec
11.8 Icagen
11.9 Wuxi Apptec
11.10 TCG Lifesciences
11.11 Frontier Scientific

For more information about this report visit https://www.researchandmarkets.com/research/n5q98w/global_compound?w=5

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