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ASIA PACIFIC COMPOUND MANAGEMENT MARKET FORECAST 2020-2028

ASIA PACIFIC COMPOUND MANAGEMENT MARKET FORECAST 2020-2028

  • March 2020
  • 103 pages
  • ID: 5868619
  • Format: PDF
  • Inkwood Research
Up to $300 off Until Jun 30th 2021

Summary

Table of Contents

KEY FINDINGS
The Asia Pacific compound management market is anticipated to be the fastest-growing during the projected period, 2020-2028, recording a CAGR of 14.54%. The Asia Pacific region entails countries like India, Japan, China, and South Korea, which are showing increasing growth prospects in their various realms like drug discovery, increasing R&D, and clinical trials. The use of artificial intelligence in new drug development is one of the significant factors propelling the growth of the market.

MARKET INSIGHTS
The Asia Pacific compound management market analysis encompasses the market assessment of Japan, China, South Korea, India, Australia & New Zealand, Thailand, Indonesia, Vietnam, and the rest of the Asia Pacific.India is significantly placed in the global compound management market.

The pharmaceutical industry in India is the third-largest when it comes to volume, and the thirteenth-largest when it comes to value.The rapidly growing old-age population and the increasing prevalence of lifestyle and chronic diseases are opening up the Indian market for many international and local pharmaceutical companies.

There has also been a significant increase in the R&D expenditure of the pharmaceutical companies. This is further set to result in increased demands for outsourcing the R&D activities to the CROs.
In South Korea, the increasing focus on developing artificial intelligence (AI) based drug discovery is set to contribute to the market growth prospects of the region.The growing pharmaceutical; market in the Indonesian region is driving its market growth.

The developing healthcare system and medical infrastructure make Thailand a popular destination for drug clinical trials, which impacts its market growth positively.

COMPETITIVE INSIGHTS
Some of the well-established companies in the market include LiCONiC Systems, SPT Labtech (name changed from TTP Labtech), TCG Lifesciences Pvt Ltd, Titian Software, Wuxi AppTec, Tecan Trading AG, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. AXXAM S.P.A.
2. BECKMAN COULTER INC
3. BIOASCENT
4. BIOSERO INC
5. BROOKS LIFE SCIENCES
6. EVOTEC
7. HAMILTON COMPANY
8. ICAGEN INC
9. LICONIC SYSTEMS
10. TCG LIFESCIENCES PVT LTD
11. TECAN TRADING AG
12. TITIAN SOFTWARE
13. SPT LABTECH (NAME CHANGED FROM TTP LABTECH)
14. WUXI APPTEC
15. HIGHRES BIOSOLUTIONS

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