Press Release

Growing at an annualized rate of 10%, the fragment-based drug discovery market is estimated to be worth around USD 1.6 billion by 2030, claims Roots Analysis

Traditional drug discovery is associated with exorbitant investments, prolonged lead evolution timelines and high attrition rates; the fragment-based approach is a versatile technique, enabling researchers to mitigate a number of existing challenges 

London

Roots Analysis has announced the addition of the “Fragment-based Drug Discovery Market: Library and Service Providers, 2020-2030” report to its list of offerings.

According to experts in this field, fragment-based drug discovery solutions have facilitated the identification of viable pharmacological leads against otherwise hard to target biomolecules. In fact, many service provider companies are offering fragment libraries and support to the medical research community in order to develop an appropriate intervention to treat the illness caused by the SARS-CoV-2 virus.

To order this 170+ page report, which features 55+ figures and 80+ tables, please visit thishttps://www.rootsanalysis.com/reports/view_document/fragment-based-drug-discovery/309.html

Key Market Insights

Over 85 firms claim to offer fragment-based drug discovery services and technologies

Of these, more than 40 players were observed to provide both fragment-based libraries and technologies. It is worth mentioning that more than 55% of the service providers use biophysical techniques, namely X-ray crystallography, surface plasmon resonance, and nuclear magnetic resonance, for fragment screening / optimization.

Europe has emerged as a services hub for fragment-based drug discovery

It is worth noting that nearly 50% of the library and service providers engaged in this field are headquartered in Europe. This is followed players based in North America (40%) and Asia Pacific (10%). Regions within Asia Pacific include (in decreasing order of number of companies) China, India, and Japan.

Partnership activity within this domain has grown at a CAGR of 74%, between 2015 and 2019

More than 65 agreements have been inked in the last five years; majority of these were research and development agreements (55%). This was followed by instances of merger and acquisition (19%); recent examples include (in reverse chronological order) acquisition of Prestwick Chemical by Domain Therapeutics (2019), Prosarix by RxCelerate (2019), and Sierra Sensors by Bruker (2018).

The fragment-based approach is estimated to save ~35% of the overall drug discovery cost

According to estimates presented in the report, by 2030, the adoption of fragment-based drug discovery is likely to result in cost savings of over USD 6 million, per small molecule. Apart from reducing the overall cost, this approach also enables saving in terms of time and other resources.

By 2030, North America is anticipated to capture 50% of the market opportunity

The market in Asia-Pacific is anticipated to grow at a relatively faster rate (10.9%). In terms of the type of service offered, by 2030, library screening (65%) is likely to represent the largest share of the market, followed by fragment optimization (23%) and fragment screening (12%) services.

To request a sample copy / brochure of this report, please visit thishttps://www.rootsanalysis.com/reports/309/request-sample.html

Key Questions Answered

  • Who are the leading players in the fragment-based drug discovery library and services market?

Press Release: Current Format

  • What are the key biophysical techniques used by service providers for screening fragment libraries and lead optimization?
  • Which types of partnership models are commonly adopted by stakeholders in this domain?
  • What is the likely cost-saving opportunity associated with the use of fragment-based drug discovery?
  • How is the current and future market opportunity likely to be distributed across key market segments?

The USD 1.6 billion (by 2030) financial opportunity within the fragment-based drug discovery market has been analyzed across the following segments:

  • Type of Screening Technique Used
  • X-ray Crystallography
  • Nuclear Magnetic Resonance
  • Surface Plasmon Resonance
  • Other Screening Techniques
  • Type of Service Offered
  • Library Screening
  • Fragment Screening
  • Fragment Optimization
  • End User
  • Industry Players
  • Non-Industry Players
  • Key geographical regions
  • North America (US and Canada)
  • Europe (UK, France, Germany, Spain, Italy, and rest of Europe)
  • Asia-Pacific (China, Japan, India, and rest of Asia-Pacific / rest of the world)

The report features inputs from eminent industry stakeholders, according to whom the fragment-based approach significantly simplifies the drug discovery process. The report includes detailed transcripts of discussions held with the following experts:

The research covers profiles of key players (listed below); each profile features an overview of the company, its financial information (if available), information related to the fragment-based drug discovery focused service portfolio, recent developments and an informed future outlook.

  • 2bind
  • Charles River Laboratories
  • ChemAxon
  • ComInnex
  • Creative Biolabs
  • Creative Biostructure
  • CRELUX
  • Domainex
  • Evotec
  • Red Glead Discovery
  • SARomics Biostructures
  • Shanghai ChemPartner
  • Sygnature Discovery
  • Vernalis Research

For additional details, please visit

https://www.rootsanalysis.com/reports/view_document/fragment-based-drug-discovery/309.html or email [email protected]

You may also be interested in the following titles:

Press Release: Current Format

  1. DNA-Encoded Libraries: Platforms and Services Market
  2. Antibody Discovery: Services and Platforms Market (2nd Edition), 2018-2028
  3. In Silico / Computer-Aided Drug Discovery Services Market: Focus on Large Molecules (Antibodies, Proteins, Peptides, Nucleic Acid, Gene Therapy and Vectors), 2020-2030 (Including Structure Based Drug Discovery, Fragment Based Drug Discovery, Ligand Based Drug Discovery, Target Based Drug Discovery, Interface Based Drug Discovery Approaches)

Contact:

Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
[email protected]

Tags: , , , , ,

See Campaign: https://www.rootsanalysis.com/reports/view_document/fragment-based-drug-discovery/309.html
Contact Information:
Contact: Gaurav Chaudhary [email protected] Roots Analysis A430, 4th Floor, Bestech Business Towers, Sector 66, Mohali, India [email protected] +1 (415) 800 3415 +44 (122) 391 1091 Web: https://www.rootsanalysis.com/ LinkedIn: https://in.linkedin.com/company/roots-analysis Twitter: https://twitter.com/RootsAnalysis

Tags:
, Reportedtimes, IPS, Wire, Extended Distribution, Research Newswire, English

image

Contact Information:

Contact:
Gaurav Chaudhary
[email protected]

Roots Analysis
A430, 4th Floor,
Bestech Business Towers, Sector 66, Mohali, India
[email protected]
+1 (415) 800 3415
+44 (122) 391 1091
Web: https://www.rootsanalysis.com/
LinkedIn: https://in.linkedin.com/company/roots-analysis
Twitter: https://twitter.com/RootsAnalysis

Add Comment

Click here to post a comment

Your email address will not be published. Required fields are marked *