PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550534
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550534
Compound Management Market, By compound Type, By Type, By Application, By End-User, By Geography
The global compound management market is estimated to be valued at USD 436.2 Mn in 2024 and is expected to reach USD 1,140.1 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 436.2 Mn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 14.70% | 2031 Value Projection: | US$ 1,140.1 Mn |
Compound management refers to a system used by pharmaceutical and biotech companies for tracking, storing, preparing and managing chemical compounds and biological molecules used for drug discovery and development. An effective compound management system helps facilities streamline operations, reduce costs and improve research processes with high-quality and well-organized compounds. Rising drug research & development activities and growing adoption of automated systems in laboratories are some key factors expected to drive the demand for compound management solutions in the coming years.
Market Dynamics:
The global compound management market is witnessing lucrative growth opportunities due to several driving factors such as increasing R&D expenditure by pharmaceutical companies, rising adoption of automated compound management systems, and growing outsourcing of drug discovery services. However, high costs associated with installation and maintenance of advanced compound management systems is a major challenge for market players. On the positive side, growing demand for high-throughput screening techniques and rise of open innovation models in drug discovery are expected to create new revenue channels for market participants over the forecast period. Pharmaceutical firms are also increasingly leveraging cloud-based compound management solutions to enhance collaboration and data accessibility, representing a significant opportunity area.
Key Features of the Study:
This report provides in-depth analysis of the global compound management market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global compound management market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Thermo Fisher Scientific, Inc., Danaher, BioAssay Systems, Brooks Life Sciences, Tecan, Hamilton Company, and Hudson Robotics, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global compound management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global compound management market
Detailed Segmentation-
- By Compound Type
- Small Molecules
- Biologics
- Nucleic Acids
- Cell Lines
- Others
- By Type
- Product
- Automated Compound/ Sample Storage System
- Automated Liquid Handling Systems
- Others
- Services
- Compound Sourcing and Acquisition
- Compound Reformatting and Normalization
- Compound Quantification and Qualification
- Compound Retrieval and Distribution
- Compound Inventory and Data Management
- Others
- By Application
- Drug Discovery
- Drug Development
- Chemical Biology Research
- Biobanking
- Forensics and Toxicology
- Others
- By End-user
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations (CROs)
- Academic and Research Institutes
- Forensic Laboratories
- Other End-Users
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- TCG Lifesciences
- Wuxi Apptec
- Icagen
- Evotec
- Biosero
- Labcyte
- TTP Group
- Hamilton Company
- Tecan
- Brooks Automation
- Frontier Scientific
- Brooks Life Sciences
- Titian Software Limited
- Beckman Coulter, Inc.
- BioAscent
- LiCONiC AG
- SPT Labtech
- Tecan Trading AG
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Compound Management Market, By Compound Type
- Global Compound Management Market, By Type
- Global Compound Management Market, By Application
- Global Compound Management Market, By End-User
- Global Compound Management Market, By Region
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Compound Management Market, By Compound Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Small Molecules
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Biologics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Nucleic Acids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Cell Lines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
5. Global Compound Management Market, By Type, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Product
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Automated Compound/ Sample Storage System
- Automated Liquid Handling Systems
- Others
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Compound Sourcing and Acquisition
- Compound Reformatting and Normalization
- Compound Quantification and Qualification
- Compound Retrieval and Distribution
- Compound Inventory and Data Management
- Others
6. Global Compound Management Market, By Application, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Drug Discovery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Drug Development
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Chemical Biology Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Biobanking
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Forensics and Toxicology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
7. Global Compound Management Market, By End-User, 2024-2031, (USD Mn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Pharmaceutical and Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Contract Research Organizations (CROs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Academic and Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Forensic Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
- Other End-Users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Mn)
8. Global Compound Management Market, By Region, 2019 - 2031, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- U.S.
- Canada
- Latin America
- Introduction
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- South Africa
- North Africa
- Central Africa
9. COMPETITIVE LANDSCAPE
- TCG Lifesciences
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Wuxi Apptec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Icagen
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Evotec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Biosero
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Labcyte
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- TTP Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hamilton Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tecan
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Brooks Automation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Frontier Scientific
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Brooks Life Sciences
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Titian Software Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Beckman Coulter, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BioAscent
- LiCONiC AG
- SPT Labtech
- Tecan Trading AG
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. References and Research Methodology
- References
- Research Methodology
- About us
