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

The global drug discovery outsourcing market size is calculated at USD 4.45 billion in 2025 and is forecasted to reach around USD 8.43 billion by 2034, accelerating at a CAGR of 7.34% from 2025 to 2034. The North America drug discovery outsourcing market size surpassed USD 1.46 billion in 2024 and is expanding at a CAGR of 7.36% 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 : 1549
  • 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 Outsourcing Market 

5.1. COVID-19 Landscape: Drug Discovery Outsourcing 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 Outsourcing Market, By Workflow

8.1. Drug Discovery Outsourcing Market, by Workflow Type,

8.1.1. Target Identification & Screening

8.1.1.1. Market Revenue and Forecast

8.1.2. Lead Identification & Candidate Optimization

8.1.2.1. Market Revenue and Forecast

8.1.3. Target Validation & Functional Informatics

8.1.3.1. Market Revenue and Forecast

8.1.4. Preclinical Development

8.1.4.1. Market Revenue and Forecast

8.1.5. Others

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Drug Discovery Outsourcing Market, By Therapeutic Area

9.1. Drug Discovery Outsourcing Market, by Therapeutic Area,

9.1.1. Oncology

9.1.1.1. Market Revenue and Forecast

9.1.2. Cardiovascular

9.1.2.1. Market Revenue and Forecast

9.1.3. Gastrointestinal

9.1.3.1. Market Revenue and Forecast

9.1.4. Neurology

9.1.4.1. Market Revenue and Forecast

9.1.5. Respiratory

9.1.5.1. Market Revenue and Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Forecast

Chapter 10. Global Drug Discovery Outsourcing Market, By Drug Type 

10.1. Drug Discovery Outsourcing Market, by Drug Type,

10.1.1. Biologics

10.1.1.1. Market Revenue and Forecast

10.1.2. Small Molecules

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Drug Discovery Outsourcing Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Workflow

11.1.2. Market Revenue and Forecast, by Therapeutic Area

11.1.3. Market Revenue and Forecast, by Drug Type

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Workflow

11.1.4.2. Market Revenue and Forecast, by Therapeutic Area

11.1.4.3. Market Revenue and Forecast, by Drug Type

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Workflow

11.1.5.2. Market Revenue and Forecast, by Therapeutic Area

11.1.5.3. Market Revenue and Forecast, by Drug Type

11.2. Europe

11.2.1. Market Revenue and Forecast, by Workflow

11.2.2. Market Revenue and Forecast, by Therapeutic Area

11.2.3. Market Revenue and Forecast, by Drug Type

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Workflow

11.2.4.2. Market Revenue and Forecast, by Therapeutic Area

11.2.4.3. Market Revenue and Forecast, by Drug Type

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Workflow

11.2.5.2. Market Revenue and Forecast, by Therapeutic Area

11.2.5.3. Market Revenue and Forecast, by Drug Type

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Workflow

11.2.6.2. Market Revenue and Forecast, by Therapeutic Area

11.2.6.3. Market Revenue and Forecast, by Drug Type

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Workflow

11.2.7.2. Market Revenue and Forecast, by Therapeutic Area

11.2.7.3. Market Revenue and Forecast, by Drug Type

11.3. APAC

11.3.1. Market Revenue and Forecast, by Workflow

11.3.2. Market Revenue and Forecast, by Therapeutic Area

11.3.3. Market Revenue and Forecast, by Drug Type

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Workflow

11.3.4.2. Market Revenue and Forecast, by Therapeutic Area

11.3.4.3. Market Revenue and Forecast, by Drug Type

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Workflow

11.3.5.2. Market Revenue and Forecast, by Therapeutic Area

11.3.5.3. Market Revenue and Forecast, by Drug Type

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Workflow

11.3.6.2. Market Revenue and Forecast, by Therapeutic Area

11.3.6.3. Market Revenue and Forecast, by Drug Type

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Workflow

11.3.7.2. Market Revenue and Forecast, by Therapeutic Area

11.3.7.3. Market Revenue and Forecast, by Drug Type

11.4. MEA

11.4.1. Market Revenue and Forecast, by Workflow

11.4.2. Market Revenue and Forecast, by Therapeutic Area

11.4.3. Market Revenue and Forecast, by Drug Type

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Workflow

11.4.4.2. Market Revenue and Forecast, by Therapeutic Area

11.4.4.3. Market Revenue and Forecast, by Drug Type

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Workflow

11.4.5.2. Market Revenue and Forecast, by Therapeutic Area

11.4.5.3. Market Revenue and Forecast, by Drug Type

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Workflow

11.4.6.2. Market Revenue and Forecast, by Therapeutic Area

11.4.6.3. Market Revenue and Forecast, by Drug Type

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Workflow

11.4.7.2. Market Revenue and Forecast, by Therapeutic Area

11.4.7.3. Market Revenue and Forecast, by Drug Type

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Workflow

11.5.2. Market Revenue and Forecast, by Therapeutic Area

11.5.3. Market Revenue and Forecast, by Drug Type

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Workflow

11.5.4.2. Market Revenue and Forecast, by Therapeutic Area

11.5.4.3. Market Revenue and Forecast, by Drug Type

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Workflow

11.5.5.2. Market Revenue and Forecast, by Therapeutic Area

11.5.5.3. Market Revenue and Forecast, by Drug Type

Chapter 12. Company Profiles

12.1. Albany Molecular Research Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. EVOTEC

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Laboratory Corporation of America Holdings

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. GenScript

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Pharmaceutical Product Development, LLC.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Charles River

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. WuXiAppTec

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Merck & Co., Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Thermo Fisher Scientific Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Dalton Pharma Services

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. Oncodesign

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

12.12. Jubilant Biosys

12.12.1. Company Overview

12.12.2. Product Offerings

12.12.3. Financial Performance

12.12.4. Recent Initiatives

12.13. DiscoverX Corporation

12.13.1. Company Overview

12.13.2. Product Offerings

12.13.3. Financial Performance

12.13.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global drug discovery outsourcing market size was reached at USD 4.15 billion in 2024 and is predicted to surpass USD 8.43 billion by 2034.

The global drug discovery outsourcing market is expected to drive growth at a CAGR of 7.34% from 2025 to 2034.

The major players operating in the drug discovery outsourcing market are Albany Molecular Research Inc., EVOTEC, Laboratory Corporation of America Holdings, GenScript, Pharmaceutical Product Development, LLC., Charles River, WuXiAppTec, Merck & Co., Inc., Thermo Fisher Scientific Inc., Dalton Pharma Services, Oncodesign, Jubilant Biosys, DiscoverX Corporation, and QIAGEN.

The technological advancements in the pharmaceutical industry, increasing investments in the research & development, rising prevalence of various chronic diseases, and rising popularity of the biologics are some of the most important drivers of the global drug discovery outsourcing market.

North America region will lead the global drug discovery outsourcing market over the forecast period.

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