1. Market Research
  2. > Pharmaceutical Market Trends
  3. > Drug Discovery and Development

Drug Discovery & Development Sector: Latest Market Trends and Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
13 votes

Topics under Drug Discovery and Development

Global Drug Discovery and Development Industry

The global drug discovery and development industry (part of the wider pharmaceutical industry) involves the discovery and design of drugs through laboratory testing to treat disease and infection. With costs running high and few drugs making it to the market, drug discovery and development leaders are constantly seeking ways to reduce expenditure and boost efficiency.

One option companies frequently avail of is the practice of outsourcing sections of the discovery and development process. The global drug discovery outsourcing market is expected to grow from less than $7.5 billion in 2009 to a forecast worth of $18.5 billion in 2015, according to Business Insights. Meanwhile, the global drug discovery technologies market is expected to be worth more than $32 billion by 2012, growing at an annual compound rate in excess of 8%.

The industry requires heavy investment with no guarantee of results, including under 1% of discoveries going on to be approved by the US Food and Drug Administration. The process itself can take between 12 and 20 years, and cost over the $1.2 billion mark, reports the Alfred Mann Foundation for Biomedical Engineering.

Leading Market Segments

It is estimated that high throughput screening will be worth $12 billion by 2012, showing over 7% growth in the preceding five years.

Bioanalytical instruments have a forecast worth of $10.5 billion in 2012, demonstrating growth in excess of 9%. It is believed the segment of other technologies should come close to the $4.5 billion mark in 2012. Business Insights estimates the electronic data capture market for clinical trials will pass the $1 billion mark in 2016 at 13% annual growth.

Process: Drug Testing and Development

The steps involved in drug discovery begin with the identification of targets, which are genetic or cellular chemicals that influence disease. Once the target has been isolated, the compounds that may work best on them can in turn be determined. Next, the chosen target’s capacity to act on diseased cells is observed before compounds necessary to create a drug are determined, along with the drug target’s response to the compound. In the next phase compounds are compared and data is compiled to aid biopharmaceutical companies to determine the most promising compound for drug creation.

Once a drug has been designed, it enters the preclinical phase of development in which it is tested for up to five years to establish its impact on cells. The drug also undergoes toxicology testing to determine any possible harm to humans. In the clinical phase, drugs are administered to humans to test efficacy and potential side effects before companies seek authorization to market the new drug. Research compiled throughout the process is submitted to the relevant authority as the company awaits approval; this part of the process can last up to two years.

Contract Research Organization (CRO) Market Value (2005 - 2010) 

Read more »


You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 500 reports

Global Drug Discovery And Development Industry

  • September 2016
    7 pages
  • Drug Discovery ...  

  • World  

View report >

Drug Discovery And Development Industry in the US

  • January 2017
    8 pages
  • Drug Discovery ...  

  • United States  

View report >

Drug Discovery And Development Industry in Europe

  • February 2015
    8 pages
  • Drug Discovery ...  

  • Europe  

View report >

Drug Discovery And Development Industry in the UK

  • September 2016
    27 pages
  • Drug Discovery ...  

  • United Kingdom  

View report >

Drug Discovery And Development Industry in China

  • April 2015
    21 pages
  • Drug Discovery ...  

  • China  

    United States  

View report >

Drug Discovery And Development Industry in Australia and the US

  • November 2016
    6 pages
  • Drug Discovery ...  

  • Australia  

    United States  

View report >

Drug Discovery And Development Industry in South Korea

  • July 2016
    12 pages
  • Drug Discovery ...  

  • South Korea  



View report >

Global Cardiovascular Disease Statistics

  • March 2017
    2 pages
  • Cardiovascular ...  



  • United States  


View report >

OTC Industry in the US

  • March 2017
    29 pages
  • Prostate Cancer  

    Clinical Trial  


  • United States  

View report >

Clinical Trial Supply

  • March 2017
    2 pages
  • Clinical Trial  


  • Asia  


View report >

Search in Drug Discovery And Development Industry (About 500 reports)
Parent industry: Pharmaceutical
Related industries: Drug Delivery, Generic Drug, OTC, Pharmacies and Drug Stores, Prescription Drug, Therapy

About 1500 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 250 - $ 9495)

PharmaFocus: Tauopathies - Global Market Analysis

PharmaFocus: Tauopathies - Global Market Analysis

  • $ 9495
  • Industry report
  • February 2017
  • by GlobalData

PharmaFocus: Tauopathies - Global Market Analysis Summary Tauopathies are a class of more than 20 neurodegenerative diseases characterized by tau protein aggregation in the brain. There are currently no ...

Non-small Cell Lung Cancer Therapeutics In Asia-pacific ...

March 2017 $ 4995

Global Respiratory Complications Therapeutics Market To ...

March 2017 $ 4995

Opportunity In Clinical Trials Market In India - 2017

March 2017 $ 4500

Global Clinical Trial Management System Growth, Trends ...

February 2017 $ 4250

Global Eclinical Solutions Market - By Type Of Product ...

January 2017 $ 4250

Blood Glucose Meters - Medical Devices Pipeline Assessm ...

April 2017 $ 4000

Cardiac Valve Repairs - Medical Devices Pipeline Assess ...

April 2017 $ 4000

Continuous Glucose Monitoring Systems - Medical Devices ...

April 2017 $ 4000

Europe Clinical Trials Market Growth, Trends And Foreca ...

February 2017 $ 3850

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.