DNA-encoded libraries (DELs) are a powerful tool for drug discovery. DELs consist of large collections of small molecules that are encoded with DNA tags, allowing for the rapid screening of millions of compounds for potential drug candidates. The use of DELs is growing rapidly in the pharmaceutical industry, as they offer several advantages over traditional drug discovery methods. The increasing adoption of DEL platforms and services for drug discovery is driving the growth of the DNA-encoded libraries platforms and services market.
The global DNA-encoded libraries platforms and services market is expected to reach USD 3.27 billion by 2030, growing at a CAGR of 15.7% during the forecast period (2022 – 2030).
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The DNA-encoded libraries platforms and services market is driven by several factors, including the increasing demand for efficient and cost-effective drug discovery methods, the growing adoption of DELs by pharmaceutical companies, and the rapid advancements in DEL technologies. DELs offer several advantages over traditional drug discovery methods, including the ability to screen millions of compounds in a single experiment, reduced costs and time, and the ability to identify new drug targets. The increasing demand for more efficient and cost-effective drug discovery methods is driving the adoption of DEL platforms and services by pharmaceutical companies, leading to the growth of the market.
The growing adoption of DELs by pharmaceutical companies is also contributing to the growth of the market. Many pharmaceutical companies are using DELs to accelerate their drug discovery programs, leading to the development of new and more effective drugs. Additionally, the increasing number of collaborations between pharmaceutical companies and DEL platform providers is further driving the growth of the market. The rapid advancements in DEL technologies are also driving the growth of the DNA-encoded libraries platforms and services market. The development of new technologies, such as next-generation sequencing and high-throughput screening, is improving the accuracy and efficiency of DEL screening, leading to the identification of more promising drug candidates.
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Key Players Influencing the DNA-Encoded Libraries Platforms And Services Market:
- Amgen Inc
- BOC Sciences
- DyNAbind GmbH
- Vipergen ApS
- Novartis AG
- WuXi AppTec
- HitGen Inc
- Biosearch Technologies amongst others
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Our 420+ Pages Report titled, DNA-Encoded Libraries Platforms And Services Market will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
- Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2030)
- (Historic Years: 2015 – 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030)
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19 on Global DNA-Encoded Libraries Platforms And Services Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Regulatory Landscape
- PESTEL Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- (Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives)
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
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Global DNA-Encoded Libraries Platforms And Services Market:
- DEL-Driven Hit identification
- Lead Optimization
- Libraries design & production
- Screening & data analysis
- Pharmaceutical Companies
- Research Institutions
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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