The global high throughput screening market was valued at over US$ 14.0 Mn in 2017 and is expected to grow at a substantial CAGR between the years of 2019-2030.

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The key players operating in the global high throughput screening market include Agilent Technologies, Thermo Fisher Scientific, Danaher Corporation, Corning Incorporated, Aurora Instruments Ltd., BioTek Instruments, Inc., PerkinElmer Inc., Merck KGaA, AXXAM S.p.A., and Tecan Trading AG

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Market Definition: High throughput screening Market

The explosion in the rate of data generated is credited to the recently developed ability that aids in the rapid screening of diverse compounds to then identify an active compound. Through the use of robotics, data processing software, liquid handling devices and sensitive detectors, high-throughput screening now gives a researcher the freedom to quickly perform millions of chemical, genetic, or pharmacological tests. High throughput screening that is used in drug discovery and some fields of biochemistry where researchers can expeditiously identify antibodies, active compounds, or genes that harmonize a particular bio molecular pathway.

The high throughput screening market can be segmented into technology, application, end-user, region, ongoing trends, and the forecast. The segment of label-free technology within the technology domain is likely to dominate the global market with the highest market share. This can be credited to the varied applications of label-free technologies in the study of diverse types of cells, biological pathways and targets. The segment of target identification & validation within the application domain is likely to have the highest revenue in the forecast period due to the continuous growth in the number of potential drug targets. The global high throughput screening market can be segmented into contract research organizations, academic and government institutes, pharmaceutical and biotechnology companies and others.

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Market drivers: High throughput screening Market

The advent of new innovative technologies
The increasing incidences of chronic disorders
The increasing investments in the sector of research and development
The wide scale adoption of advanced models to identify and screen drug targets
Key Developments: High throughput screening Market
The high throughput screening market is accelerating at a huge growth circle that promises a potential for diversified career opportunities.

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Some key points for TOC

1. Global High Throughput Screening Market - Analysis & Forecast, By Application
1.1. Introduction
1.2. Toxicology assessment
1.3. Primary & secondary screening
1.4. Target identification & validation
1.5. Other applications

2. Global High Throughput Screening Market - Analysis & Forecast, By End User
2.1. Introduction
2.2. Academic And Government Institutes
2.3. Pharmaceutical And Biotechnology Companies
2.4. Contract Research Organizations
2.5. Other End User

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