Drug Discovery Services Market Size, Share, and Trends 2024 to 2034

The global drug discovery services market size is calculated at USD 24.26 billion in 2025 and is forecasted to reach around USD 79.71 billion by 2034, accelerating at a CAGR of 14.13% from 2025 to 2034. The North America market size surpassed USD 9.35 billion in 2024 and is expanding at a CAGR of 14.26% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1532
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Drug Discovery Services Market 

5.1. COVID-19 Landscape: Drug Discovery Services Industry Impact

5.2. COVID-19 - Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Drug Discovery Services Market, By Process

8.1. Drug Discovery Services Market, by Process Type

8.1.1. Target Selection

8.1.1.1. Market Revenue and Forecast 

8.1.2. Target Validation

8.1.2.1. Market Revenue and Forecast 

8.1.3. Hit to Lead Identification

8.1.3.1. Market Revenue and Forecast 

8.1.4. Lead Optimization

8.1.4.1. Market Revenue and Forecast 

8.1.5. Candidate Validation

8.1.5.1. Market Revenue and Forecast 

Chapter 9. Global Drug Discovery Services Market, By Drug Type

9.1. Drug Discovery Services Market, by Drug Type

9.1.1. Small Molecules

9.1.1.1. Market Revenue and Forecast 

9.1.2. Biologics

9.1.2.1. Market Revenue and Forecast 

Chapter 10. Global Drug Discovery Services Market, By Type

10.1. Drug Discovery Services Market, by Type

10.1.1. DMPK

10.1.1.1. Market Revenue and Forecast 

10.1.2. Biology Services

10.1.2.1. Market Revenue and Forecast 

10.1.3. Medicinal Chemistry

10.1.3.1. Market Revenue and Forecast 

Chapter 11. Global Drug Discovery Services Market, By Therapeutic Area

11.1. Drug Discovery Services Market, by Therapeutic Area Type

11.1.1. Oncology

11.1.1.1. Market Revenue and Forecast 

11.1.2. Cardiovascular Diseases

11.1.2.1. Market Revenue and Forecast 

11.1.3. Diabetes

11.1.3.1. Market Revenue and Forecast 

11.1.4. Neurology

11.1.4.1. Market Revenue and Forecast 

11.1.5. Respiratory Diseases

11.1.5.1. Market Revenue and Forecast 

11.1.6. Others

11.1.6.1. Market Revenue and Forecast 

Chapter 12. Global Drug Discovery Services Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Process 

12.1.2. Market Revenue and Forecast, by Drug Type 

12.1.3. Market Revenue and Forecast, by Type 

12.1.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Process 

12.1.5.2. Market Revenue and Forecast, by Drug Type 

12.1.5.3. Market Revenue and Forecast, by Type 

12.1.5.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Process 

12.1.6.2. Market Revenue and Forecast, by Drug Type 

12.1.6.3. Market Revenue and Forecast, by Type 

12.1.6.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.2. Europe

12.2.1. Market Revenue and Forecast, by Process 

12.2.2. Market Revenue and Forecast, by Drug Type 

12.2.3. Market Revenue and Forecast, by Type 

12.2.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Process 

12.2.5.2. Market Revenue and Forecast, by Drug Type 

12.2.5.3. Market Revenue and Forecast, by Type 

12.2.5.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Process 

12.2.6.2. Market Revenue and Forecast, by Drug Type 

12.2.6.3. Market Revenue and Forecast, by Type 

12.2.6.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Process 

12.2.7.2. Market Revenue and Forecast, by Drug Type 

12.2.7.3. Market Revenue and Forecast, by Type 

12.2.7.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Process 

12.2.8.2. Market Revenue and Forecast, by Drug Type 

12.2.8.3. Market Revenue and Forecast, by Type 

12.2.8.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.3. APAC

12.3.1. Market Revenue and Forecast, by Process 

12.3.2. Market Revenue and Forecast, by Drug Type 

12.3.3. Market Revenue and Forecast, by Type 

12.3.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Process 

12.3.5.2. Market Revenue and Forecast, by Drug Type 

12.3.5.3. Market Revenue and Forecast, by Type 

12.3.5.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Process 

12.3.6.2. Market Revenue and Forecast, by Drug Type 

12.3.6.3. Market Revenue and Forecast, by Type 

12.3.6.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Process 

12.3.7.2. Market Revenue and Forecast, by Drug Type 

12.3.7.3. Market Revenue and Forecast, by Type 

12.3.7.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Process 

12.3.8.2. Market Revenue and Forecast, by Drug Type 

12.3.8.3. Market Revenue and Forecast, by Type 

12.3.8.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.4. MEA

12.4.1. Market Revenue and Forecast, by Process 

12.4.2. Market Revenue and Forecast, by Drug Type 

12.4.3. Market Revenue and Forecast, by Type 

12.4.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Process 

12.4.5.2. Market Revenue and Forecast, by Drug Type 

12.4.5.3. Market Revenue and Forecast, by Type 

12.4.5.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Process 

12.4.6.2. Market Revenue and Forecast, by Drug Type 

12.4.6.3. Market Revenue and Forecast, by Type 

12.4.6.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Process 

12.4.7.2. Market Revenue and Forecast, by Drug Type 

12.4.7.3. Market Revenue and Forecast, by Type 

12.4.7.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Process 

12.4.8.2. Market Revenue and Forecast, by Drug Type 

12.4.8.3. Market Revenue and Forecast, by Type 

12.4.8.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Process 

12.5.2. Market Revenue and Forecast, by Drug Type 

12.5.3. Market Revenue and Forecast, by Type 

12.5.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Process 

12.5.5.2. Market Revenue and Forecast, by Drug Type 

12.5.5.3. Market Revenue and Forecast, by Type 

12.5.5.4. Market Revenue and Forecast, by Therapeutic Area Type 

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Process 

12.5.6.2. Market Revenue and Forecast, by Drug Type 

12.5.6.3. Market Revenue and Forecast, by Type 

12.5.6.4. Market Revenue and Forecast, by Therapeutic Area Type 

Chapter 13. Company Profiles

13.1. Abbott Laboratories Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Advinus Therapeutics

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Agilent Technologies Ubiquigent

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Albany Molecular Research Inc.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. AstraZeneca PLC

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Aurigene

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Bayer AG

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Charles River Laboratories International

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. ChemBridge Corporation

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Covance

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global drug discovery services market size was estimated at USD 21.26 billion in 2024 and is anticipated to reach around USD 79.71 billion by 2034.

The drug discovery services market is expected to drive growth at a CAGR of 14.13% from 2025 to 2034.

The major players operating in the drug discovery services market are Abbott Laboratories Inc., Advinus Therapeutics, Agilent Technologies Ubiquigent, Albany Molecular Research Inc., AstraZeneca PLC, Aurigene, Bayer AG, Charles River Laboratories International, ChemBridge Corporation, and Covance.

The global drug discovery services market is primarily driven by the increased investments in the research & development activities by the pharmaceutical and biologics companies across the globe.

Asia Pacific will lead the global drug discovery services market in next decade.

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