DUBLIN--(BUSINESS WIRE)--Aug 22, 2018--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 activity, the growth of the biopharmaceutical industry, the rising outsourcing of compound/sample management, and growth of the biobanking sector are the major factors driving the growth of the compound management. On the other hand, the large capital investments needed to establish compound management facilities is the major factor restraining market growth.

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. This large share can be attributed to the large number of small molecule compounds being assayed and screened during the drug discovery process in the global pharmaceutical industry.

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.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Compound/Sample Management Market, By Product & Service

7 Compound/Sample Management Market, By Sample Type

8 Compound/Sample Management Market, By End User

9 Compound/Sample Management Market, By Region

10 Competitive Landscape

11 Company Profiles

Brooks Automation Tecan Hamilton Company TTP Group Labcyte Biosero Evotec Icagen Wuxi Apptec TCG Lifesciences Frontier Scientific

For more information about this report visit https://www.researchandmarkets.com/research/zkrm3z/compound?w=4

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Related Topics:Drug Discovery,Consulting and Outsourcing

KEYWORD:

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL RESEARCH SCIENCE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/22/2018 08:44 AM/DISC: 08/22/2018 08:44 AM

http://www.businesswire.com/news/home/20180822005369/en