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Drug discovery technology and product market to grow 13.8% to 2017

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According to the report ‘Drug Discovery Technologies’ the global market for drug discovery technologies and products hit $38.4 billion in 2011. It is forecast to expand to $41.4 billion in 2012 and to $79.0 billion in 2017, a compound annual growth rate of 13.8% between 2012 and 2017.

The 155 page report states that the high-throughput screening market reached $11.0 billion in 2011. It is expected to expand to $11.5 billion in 2012 and to $20.0 billion in 2017, a CAGR of 11.7% between 2012 and 2017.

Furthurmore, the report says the bioanalytical instruments market for drug discovery reached $9.2 billion in 2011. It is expected to expand to $10.0 billion in 2012 and to $15.0 billion in 2017, a CAGR of 8.4% between 2012 and 2017. View the report: ‘Drug Discovery Technologies’

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Pharmaceutical Market Research

Reports analysing global biotechnology, healthcare, medical devices and pharmaceutical companies & markets

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