Vascular Graft Market

The global compound management market size is expected to reach USD 1,212.9 million by 2028 and register a CAGR of 17% over the forecast period, according to the latest report by Reports and Data. Steady global market revenue growth is primarily attributed to increasing drug discovery and development programs worldwide, rise in sample storage and transportation activities, growing need for compound management outsourcing services, and expanding pharmaceutical and biotechnology sectors. Some other significant market growth-influencing factors are growing emphasis on outsourcing chemical and biological samples, increasing pharmaceutical R&D activities, rising focus on biobanking, and surge in research collaborations among universities and research institutes and pharmaceutical companies. However, inaccurate management and lack of expertise in compound management are some of the key factors expected to restrain global market revenue growth to some extent going ahead.

Compound management, also known as compound control, refers to the advanced management of chemical libraries and various biological samples used in drug discovery and development. The key functions of compound management include collection, storage, monitoring, and quality preservation of compounds. Moreover, it renews outdated chemicals, manages robotics used to fetch chemicals, and maintains databases.  Compound management ensures the safety, purity, shelf life, and integrity of compounds, and also helps obtain precise results in assays, experiments, and high-throughput screening. Surging adoption of automated compound management and storage systems and increased government funding for healthcare research & development activities are the other key factors driving market growth.

To get a sample copy of the report, click on @ https://www.reportsanddata.com/sample-enquiry-form/3959

Rapid spread of COVID-19 worldwide, substantially growing patient pool, significant changes in demand for and supply of healthcare solutions during the COVID-19 times, growing trends of telehealth and telemedicine, and increasing need for advanced point-of-care diagnostics are among the other key factors further driving market revenue growth. Increasing government funding for development of COVID-19 vaccines, rising focus on new drug discovery & development, and rising government focus on strengthening the healthcare supply chain system create further revenue growth opportunities for the market.

Top Companies Profiled in the Report:

BioAscent, Beckman Coulter Inc., Evotec, Hamilton Company, Brooks Life Sciences, Titian Service Limited, LiCONiC Systems, TTP Labtech, AXXAM S.p.A., and Tecan

By Type (Revenue, USD Million; 2018-2028)

  • Products
    • Automated Compound/Sample Storage Systems
    • Automated Liquid Handling Systems
    • Others
  • Services
  • Outsourcing Services
  • Others

By Sample Type (Revenue, USD Million; 2018-2028)

  • Chemical Compounds
  • Biological Samples
  • Others

By Application (Revenue, USD Million; 2018-2028)

  • Drug Discovery
  • BioBanking
  • Gene Synthesis
  • Others

By End-user (Revenue, USD Million; 2018-2028)

  • Pharmaceutical Companies
  • Biopharmaceutical Companies
  • Research and Academic Institutes
  • Contract Research Organizations (CROs)
  • Others

Global Compound Management Market Report: Table of Contents

  • Industry Overview
  • Market Dynamics
  • Market Segmentation
  • Regional Outlook
  • Competitive Landscape
  • Latest Developments
  • Research Methodology
  • List of Tables and Figures

To know more about the report, visit @ https://www.reportsanddata.com/report-detail/compound-management-market

Regional Outlook of the Global Compound Management Market

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • India
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Peru
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • A.E
    • Rest of Middle East & Africa

Competitive Outlook of the Global Compound Management Market

The globla Compound Management market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Compound Management market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers & acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/3959

Thank you for reading our report. Do connect with us in case of any more queries about the report and its customization. Our team will ensure the report is well suited to cater to your needs.

Browse More Report:

Antidiabetics Market @ https://www.globenewswire.com/news-release/2019/05/13/1822688/0/en/Global-Antidiabetics-Market-To-Reach-USD-134-23-Billion-By-2026-Reports-And-Data.html

Anxiety Disorder and Depression Treatment Market @ https://www.globenewswire.com/news-release/2019/05/15/1825506/0/en/Anxiety-Disorder-and-Depression-Treatment-Market-To-Reach-USD-18-90-Billion-By-2026-Reports-And-Data.html

Cancer Stem Cell Therapeutics Market @ https://www.globenewswire.com/news-release/2019/05/20/1829104/0/en/Cancer-Stem-Cell-Therapeutics-Market-To-Reach-USD-16839-Million-By-2026-Reports-And-Data.html

Cancer Biomarkers Market @ https://www.globenewswire.com/news-release/2019/05/21/1833667/0/en/Cancer-Biomarkers-Market-To-Reach-USD-32-25-Billion-By-2026-Reports-And-Data.html

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: [email protected]

Leave a Reply

Your email address will not be published.