According to a new market research report published by Global Insight Services “High-Throughput Screening (HTS) Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
High-Throughput Screening (HTS) is a scientific technique used to rapidly test the effects of a large number of compounds on a biological system. This is usually done by automated means, in order to screen a library of compounds as quickly as possible. HTS is used in a variety of fields, including drug discovery, chemical genomics, and toxicology.
The goal of HTS is to identify compounds that have the desired effect on the biological system under study. For example, in drug discovery, HTS might be used to screen a library of compounds for those that are able to inhibit a particular protein. In chemical genomics, HTS might be used to screen a library of compounds for those that are able to modulate the activity of a particular gene.
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Key Players
The high-throughput screening (HTS) market report includes players such as Danaher, PerkinElmer, Inc., Tecan Group Ltd., Axxam S.p.A, Bio-Rad Laboratories Inc., Merck Group KGaA, Hamilton Company, Corning Incorporated, Biotek Instruments Inc., and Aurora Biomed Inc.
Key Trends
The key trends in high-throughput screening (HTS) technology are miniaturization, multiplexing, and automation.
Miniaturization refers to the trend of reducing the size of the reaction vessels and reagents used in HTS. This enables more reactions to be performed in a given amount of space, which increases the throughput of the screening process. Multiplexing refers to the trend of using multiple assays in parallel to screen for multiple targets simultaneously. This increases the efficiency of the screening process by reducing the number of runs required to screen for all targets of interest. Automation refers to the trend of using robots and other automated systems to perform the screening process. This reduces the labor required to perform HTS, and increases the throughput of the process.
Key Drivers
High-throughput screening (HTS) is a powerful approach used in drug discovery and basic research to rapidly identify active compounds, genes, or cellular pathways by testing large numbers of samples in parallel. HTS is used to screen large libraries of compounds or genes to identify those with desired activity, such as the ability to kill a cancer cell or bind to a target protein.
The key drivers of the HTS market are the increasing demand for new and improved drugs, the need for faster and more efficient drug discovery methods, and the growing availability of high-throughput screening technologies.
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Market Segments
The high-throughput screening (HTS) market report is bifurcated on the basis of technology, application, end-user, and region. On the basis of technology, it is segmented into cell-based assays, 2D cell culture, perfusion cell culture, and others . By application, it is divided into target identification & validation, primary & secondary screening, toxicology assessment, and others. By end-user it is divided into pharmaceutical, academic & government institutes, contract research organizations, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy High-Throughput Screening (HTS) Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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