Global High-Throughput Screening (HTS) Market Key Facts, Dynamics, Segments and Forecast Predictions Presented

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Research Nester has released a report titled “High-Throughput Screening (HTS) Market: Global Demand Analysis & Opportunity Outlook 2030” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market.

The National Institute of Health (NIH), stated in one of its statistics that in the United States, research funding in the field of biotechnology grew from USD 5698 Million in the year 2013 to USD 7767 Million in the year 2020.

The statistics portray the growing research spending in the field of biotechnology and medical sciences, backed by the increasing focus of the government of nations to develop advanced drugs and therapies. High-throughput screening is used widely in the field of biotechnology to test large numbers of chemical or biological compounds. These devices have the capacity of testing more than 1 Million compounds per day. The rising number of researches is therefore projected to drive the demand for these devices, and in turn drive the growth of the global high-throughput screening market.


The global high-throughput screening (HTS) market is anticipated to grow with a CAGR of 8.4% during the forecast period, i.e., 2021-2030. The market is estimated to garner a revenue of USD 36227.8 Million by the end of 2030, up from a revenue of USD 16294.7 Million in the year 2020. The market is segmented by products & services into consumables, instruments, software, and services. Out of these segments, the consumables segment is projected to touch a revenue of USD 15676.79 Million by the end of 2030, by growing with the highest CAGR of 8.6% during the forecast period.

The global high-throughput screening market is segmented by region into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst the market in these regions, the market in North America is expected to hold the largest revenue of USD 15722.9 Million by the end of 2030. The market in the region is also expected to hold the highest market share during the forecast period, and is further segmented by country into the U.S., and Canada, out of which, the market in the U.S. is expected to hold the highest market share and further grow with the highest CAGR of 8.6% during the forecast period.

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The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

However, the complexities in the development of assays is one of the major factors anticipated to hinder the growth of the market.

This report also provides the existing competitive scenario of some of the key players of the global high-throughput screening (HTS) market, which includes company profiling of Agilent Technologies, Inc., Thermo Fisher Scientific, Tecan Trading AG, Promega Corporation, Hamilton Company, BPS Bioscience, Inc., PerkinElmer Inc., Merck KGaA, Carna Biosciences, Inc., Danaher Corporation, and others.

The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “High-Throughput Screening (HTS) Market: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global high-throughput screening (HTS) industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global high-throughput screening (HTS) market in the near future.

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https://www.researchnester.com/sample-request-3521

 About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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