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PUBLISHER: Grand View Research | PRODUCT CODE: 1097124
PUBLISHER: Grand View Research | PRODUCT CODE: 1097124
Compound Management Market Size, Share & Trends Analysis Report By Type (Products, Service), By Sample Type (Chemical Compounds, Bio Samples), By Application, By End Use, By Region, And Segment Forecasts, 2022 - 2030
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Compound Management Market Growth & Trends:
The global compound management market size is expected to reach USD 1.49 billion by the end of 2030, expanding at a CAGR of 15.6%, according to a new report by Grand View Research, Inc. Growing biopharmaceutical industry and biobanking sector is fueling the market growth. The growth of translational research and personalized medicine is driving the market.
Efficient compound management is tremendously important for the success of drug discovery, where traceability, reliability, speed, and throughput are fundamental. Maintaining samples at the precise temperature, under nitrogen or dry air to prevent fluctuations of stock concentrations, and in a dark environment to avoid photodegradation, can help ensure consistency and longevity of samples.
Compounds of high integrity lead to reliable results while locating drug candidates. Moreover, the collection, storage, and distribution of human biological samples support the development of the R&D industry. In addition, it aids to understand the mechanisms of diseases as well as supports the trend to provide personalized medicines.
Automated storage systems eliminate or reduce the risks and provide reliable and correct environmental conditions to protect samples from precipitation or degradation. A management system like Verso tracks sample data, including location and type, which enables the quick and easy finding of the sample. The fully automated systems improve the process of drug discovery by eliminating error-prone and time-consuming tasks.
North America dominated the market in 2018 owing to a strong base of biotechnology and pharmaceutical companies in the region. These companies are involved in drug discovery activities, which, in turn, led to the growth of the market in the region. The Asia Pacific market is anticipated to grow fast over the forecast period. This is attributed to ongoing studies in private-public collaborations, drug discovery, and government initiatives in the region.
Compound Management Market Report Highlights:
- The automated compound/sample storage systems segment was the largest in 2018 accounting for 45.2% of the market share. This is attributed to the fact that it eliminates or reduces error and saves time
- Based on sample type, chemical compounds dominated the market in 2018 with the largest share of 53.0% due to the increasing drug discovery activities, resulting in an increased demand for compounds and positively affecting the compound management market growth
- The biobanking segment is anticipated to exhibit the fastest CAGR of 17.1% over the forecast period. There has been increasing in the number of organizations involved in the collection and storage of human biomaterials in line with the increasing use of human biomaterials in research as a replacement for animal models. It is anticipated to support the market growth
- North America led the market owing to the presence of large biopharmaceutical companies engaged in drug discovery and require huge maintenance of chemical libraries. Thus, to maintain the productivity of such biologics and drugs, most of the leading biopharma and pharma companies have started building storage facilities
- Some of the players operating in the market are Tecan, Roche, Brooks Life Sciences, Evotec, Hamiltons, BioAscent, Titian Software Limited, AXXAM S.p.A., and TTP Labtech, TCG Lifesciences Private Limited, WuXi AppTec, and HDC GmbH.
Product Code: GVR-4-68038-031-6
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Type
- 1.1.2. Sample Type
- 1.1.3. Application
- 1.1.4. End-use
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.1.1. Approach 1: Commodity flow approach
- 1.6.2. Volume price analysis (Model 2)
- 1.6.2.1. Approach 2: Volume price analysis
- 1.6.1. Commodity flow analysis (Model 1)
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
- 1.9.1. Objective 1
- 1.9.2. Objective 2
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Competitive Insights
Chapter 3. Compound Management Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Reimbursement framework
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Growing Drug Research Activities
- 3.4.1.2. Rising demand for outsourcing compound management services
- 3.4.1.3. High disease prevalence
- 3.4.1.4. Expansion of Pharma & Biopharma Research in Emerging Markets
- 3.4.2. Market restraint analysis
- 3.4.2.1. Large Capital Investments Required to Establish Compound Management Facilities
- 3.4.2.2. Quality issues related to compound management by the outsourcing provider
- 3.4.1. Market driver analysis
- 3.5. Compound Management Market Analysis Tools
- 3.5.1. Industry Analysis - Porter's
- 3.5.2. PESTEL Analysis
- 3.5.3. Major Deals & Strategic Alliances Analysis
- 3.5.4. COVID-19 Impact Analysis
Chapter 4. Compound Management Market: Type Estimates & Trend Analysis
- 4.1. Definitions and Scope
- 4.2. Compound Management Market Share, 2021 & 2030
- 4.3. Segment Dashboard
- 4.4. Global Compound Management Market by type Outlook
- 4.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 4.5.1. Product
- 4.5.1.1. Product market estimates and forecast 2018 to 2030 (USD Million)
- 4.5.1.2. Automated Compound/Sample Storage Systems
- 4.5.1.2.1. Automated Compound/Sample Storage Systems market estimates and forecast 2018 to 2030 (USD Million)
- 4.5.1.3. Automated Liquid Handling Systems
- 4.5.1.3.1. Automated Liquid Handling Systems market estimates and forecast 2018 to 2030 (USD Million)
- 4.5.1.4. Other Compound/Sample Storage Systems
- 4.5.2. Other Compound/Sample Storage Systems market estimates and forecast 2018 to 2030 (USD Million)
- 4.5.3. Service
- 4.5.3.1. Service Market estimates and forecast 2018 to 2030 (USD Million)
- 4.5.1. Product
Chapter 5. Compound Management Market: Sample Type Estimates & Trend Analysis
- 5.1. Definitions and Scope
- 5.2. Compound Management Market Share, 2021 & 2030
- 5.3. Segment Dashboard
- 5.4. Global Compound Management Market by Sample type Outlook
- 5.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 5.5.1. Chemical Compounds
- 5.5.1.1. Chemical Compounds Market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.2. Bio Samples
- 5.5.2.1. Chemical Compounds Market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.1. Chemical Compounds
Chapter 6. Compound Management Market: Application Estimates & Trend Analysis
- 6.1. Definitions and Scope
- 6.2. Compound Management Market Share, 2021 & 2030
- 6.3. Segment Dashboard
- 6.4. Global Compound Management Market by Application Outlook
- 6.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.5.1. Drug Discovery
- 6.5.1.1. Drug Discovery Market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.2. Gene Synthesis
- 6.5.2.1. Gene Synthesis Market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.3. Bio Banking
- 6.5.3.1. Bio Banking Market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.4. Others
- 6.5.5. Others Market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.1. Drug Discovery
Chapter 7. Compound Management Market: End-Use Estimates & Trend Analysis
- 7.1. Definitions and Scope
- 7.2. Compound Management Market Share, 2021 & 2030
- 7.3. Segment Dashboard
- 7.4. Global Compound Management Market by End-Use Outlook
- 7.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.5.1. Pharmaceutical Companies
- 7.5.1.1. Pharmaceutical Companies Market estimates and forecast 2018 to 2030 (USD Million)
- 7.5.2. Biopharmaceutical Companies
- 7.5.2.1. Biopharmaceutical Companies Market estimates and forecast 2018 to 2030 (USD Million)
- 7.5.3. Contract Research Organization
- 7.5.3.1. Contract Research Organization Market estimates and forecast 2018 to 2030 (USD Million)
- 7.5.1. Pharmaceutical Companies
Chapter 8. Compound Management Market: Regional Estimates & Trend Analysis
- 8.1. Compound Management Regional market share analysis, 2021 & 2030
- 8.2. Compound Management Regional Market Dashboard
- 8.3. North America
- 8.3.1. North America Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2. U.S.
- 8.3.2.1. U.S. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3. Canada
- 8.3.3.1. Canada Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4. Europe
- 8.4.1. Europe Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4.2. U.K.
- 8.4.2.1. U.K. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4.3. Germany
- 8.4.3.1. Germany Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4.4. France
- 8.4.4.1. France Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4.5. Italy
- 8.4.5.1. Italy Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4.6. Spain
- 8.4.6.1. Spain Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5. Asia Pacific
- 8.5.1. Asia Pacific estimates and forecast, 2018 - 2030 (USD Million)
- 8.5.2. Japan
- 8.5.2.1. Japan Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5.3. China
- 8.5.3.1. China Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5.4. India
- 8.5.4.1. India Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5.5. Australia
- 8.5.5.1. Australia Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5.6. South Korea
- 8.5.6.1. South Korea Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6. Latin America
- 8.6.1. Latin America estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.2. Brazil
- 8.6.2.1. Brazil Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.3. Mexico
- 8.6.3.1. Mexico Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.4. Argentina
- 8.6.4.1. Argentina Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.5. Colombia
- 8.6.5.1. Colombia Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7. MEA
- 8.7.1. MEA Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.2. South Africa
- 8.7.2.1. South Africa Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.3. Saudi Arabia
- 8.7.3.1. Saudi Arabia Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.4. UAE
- 8.7.4.1. UAE Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Competitive Profiles
- 9.1. Azenta US, Inc.
- 9.1.1. Company overview
- 9.1.2. Service benchmarking
- 9.1.3. Strategic initiatives
- 9.2. Hamilton Company
- 9.2.1. Company overview
- 9.2.2. Financial performance
- 9.2.3. Service benchmarking
- 9.2.4. Strategic initiatives
- 9.3. BioAscent
- 9.3.1. Company overview
- 9.3.2. Financial performance
- 9.3.3. Service benchmarking
- 9.3.4. Strategic initiatives
- 9.4. Evotec
- 9.4.1. Company overview
- 9.4.2. Financial performance
- 9.4.3. Service benchmarking
- 9.4.4. Strategic initiatives
- 9.5. Beckman Coulter, Inc.
- 9.5.1. Company overview
- 9.5.2. Financial performance
- 9.5.3. Service benchmarking
- 9.5.4. Strategic initiatives
- 9.6. SPT Labtech LTD.
- 9.6.1. Company overview
- 9.6.2. Financial performance
- 9.6.3. Service benchmarking
- 9.6.4. Strategic initiatives
- 9.7. Tecan Trading AG
- 9.7.1. Company overview
- 9.7.2. Financial performance
- 9.7.3. Service benchmarking
- 9.7.4. Strategic initiatives
- 9.8. Titian Service Limited
- 9.8.1. Company overview
- 9.8.2. Financial performance
- 9.8.3. Service benchmarking
- 9.8.4. Strategic initiatives
- 9.9. LiCONiC AG
- 9.9.1. Company overview
- 9.9.2. Financial performance
- 9.9.3. Service benchmarking
- 9.9.4. Strategic initiatives
- 9.10. AXXAM S.p.A.
- 9.10.1. Company overview
- 9.10.2. Financial performance
- 9.10.3. Service benchmarking
- 9.10.4. Strategic initiatives
Product Code: GVR-4-68038-031-6
List of Tables
- Table 1 List of secondary sources
- Table 2 List of Abbreviations
- Table 3 Major Deals and Stratergic Alliaces
List of Figures
- Fig. 1 Market research process
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Market research approaches
- Fig. 5 QFD modeling for market share assessment
- Fig. 6 Market formulation & validation
- Fig. 7 Commodity flow analysis
- Fig. 8 Compound management market: Executive summary (2020)
- Fig. 9 Compound management market: Strategy framework
- Fig. 10 Parent market outlook
- Fig. 11 Related/ancillary market outlook
- Fig. 12 Penetration & growth prospect mapping
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 Porter's five forces analysis
- Fig. 16 SWOT analysis, by a factor (political & legal, economic and technological)
- Fig. 17 Compound management market type outlook: Segment dashboard
- Fig. 18 Compound management market: Type movement analysis
- Fig. 19 Products market, 2018 - 2030 (USD Million)
- Fig. 20 Automated Compound/Sample Storage Systems market, 2018 - 2030 (USD Million)
- Fig. 21 Automated Liquid Handling Systems market, 2018 - 2030 (USD Million)
- Fig. 22 Other Compound/Sample Storage Systems market, 2018 - 2030 (USD Million)
- Fig. 23 Service market, 2018 - 2030 (USD Million)
- Fig. 24 Compound management market sample type outlook: Segment dashboard
- Fig. 25 Compound management market: sample type movement analysis
- Fig. 26 Chemical Compounds market, 2018 - 2030 (USD Million)
- Fig. 27 Bio Samples market, 2018 - 2030 (USD Million)
- Fig. 28 Compound management market application outlook: Segment dashboard
- Fig. 29 Compound management market: Application movement analysis
- Fig. 30 Drug Discovery market, 2018 - 2030 (USD Million)
- Fig. 31 Gene Synthesis market, 2018 - 2030 (USD Million)
- Fig. 32 Biobanking market, 2018 - 2030 (USD Million)
- Fig. 33 Others market, 2018 - 2030 (USD Million)
- Fig. 34 Compound management market end-use outlook: Segment dashboard
- Fig. 35 Compound management market: end-use movement analysis
- Fig. 36 Pharmaceutical companies market, 2018 - 2030 (USD Million)
- Fig. 37 Biopharmaceutical companies market, 2018 - 2030 (USD Million)
- Fig. 38 Contract Research Organizations market, 2018 - 2030 (USD Million)
- Fig. 39 Others market, 2018 - 2030 (USD Million)
- Fig. 40 Regional market: Key takeaways
- Fig. 41 Regional market share, 2021
- Fig. 42 Regional outlook, 2021 & 2030
- Fig. 43 North America market, 2018 - 2030 (USD Million)
- Fig. 44 U.S. market, 2018 - 2030 (USD Million)
- Fig. 45 Canada market, 2018 - 2030 (USD Million)
- Fig. 46 Europe market, 2018 - 2030 (USD Million)
- Fig. 47 U.K. market, 2018 - 2030 (USD Million)
- Fig. 48 Germany market, 2018 - 2030 (USD Million)
- Fig. 49 France market, 2018 - 2030 (USD Million)
- Fig. 50 Italy market, 2018 - 2030 (USD Million)
- Fig. 51 Spain market, 2018 - 2030 (USD Million)
- Fig. 52 Asia Pacific market, 2018 - 2030 (USD Million)
- Fig. 53 India market, 2018 - 2030 (USD Million)
- Fig. 54 Japan market, 2018 - 2030 (USD Million)
- Fig. 55 China market, 2018 - 2030 (USD Million)
- Fig. 56 Australia market, 2018 - 2030 (USD Million)
- Fig. 57 South Korea market, 2018 - 2030 (USD Million)
- Fig. 58 Latin America market, 2018 - 2030 (USD Million)
- Fig. 59 Brazil market, 2018 - 2030 (USD Million)
- Fig. 60 Mexico market, 2018 - 2030 (USD Million)
- Fig. 61 Argentina market, 2018 - 2030 (USD Million)
- Fig. 62 Colombia market, 2018 - 2030 (USD Million)
- Fig. 63 MEA market, 2018 - 2030 (USD Million)
- Fig. 64 South Africa market, 2018 - 2030 (USD Million)
- Fig. 65 Saudi Arabia market, 2018 - 2030 (USD Million)
- Fig. 66 UAE market, 2018 - 2030 (USD Million)
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