The Global Small Molecule Drug Discovery Market Report is a compilation of comprehensive research studies of various aspects of the Small Molecule Drug Discovery Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Small Molecule Drug Discovery market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Small Molecule Drug Discovery market and how they will evolve in the years to come.
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In terms of revenue, the global small molecule drug discovery market was valued at US$ 37,634.21 Mn in 2021 growing at a CAGR of 10.02% over the forecast period (2022 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries. Key Players: AbbVie, Boehringer Ingelheim International GmbH, Bristol-Myers Squibb Company, Charles River Laboratories, Eli Lilly and Company, Gilead Sciences, GlaxoSmithKline plc, Johnson and Johnson Services, Labcorp Drug Development, Merck KGaA, Pfizer, Teva Pharmaceutical Industries Ltd, Other Market Participants
Small molecules have a molecular weight of less than 900 Da. 90 percent of pharmaceutical medications are made up of small molecules (such as insulin, aspirin, and antihistamines). Small molecules can be employed as anticancer medications in innovative cancer therapies by inhibiting specific proteins in cancer cells. These small-molecule inhibitors disrupt certain protein pathways, which can reduce cancer cell formation and proliferation. The process of discovering small molecule drugs can be complex and difficult. A typical procedure begins with hit identification and assay development and continues to the selection of preclinical candidates. The high-throughput screening of drug candidates is important in the drug discovery process. The increasing applications of small molecule medications in the treatment of chronic illnesses is driving up the demand for small molecule drug discovery market. Furthermore, an increase in cancer cases is likely to boost market growth during the forecast period.
According to the American Cancer Society, around 1.8 million new cancer cases were expected to be identified in 2020, with roughly 606,520 cancer deaths occurring in the United States. Furthermore, by collaborating with other players, the small molecule drug discovery market’s leading players contribute to its growth. For instance, LifeMine Therapeutics Inc., a biopharmaceutical company reinventing medication discovery by mining genetically-encoded small molecules (GEMs) from the biosphere, announced a strategic research and development collaboration with GlaxoSmithKline in March 2022. GSK will have access to LifeMine’s genomically enabled drug discovery platform in order to identify innovative small molecule leads directed to up to three human targets specified by GSK and address different disease areas.
The World Health Organization declared COVID-19 a pandemic on March 11th, and it has caused millions of cases and a quarter million deaths since then. Clinical manifestations of this disease include pneumonia, lung injury, inflammation, and severe acute respiratory syndrome (SARS). Through an in-depth study of the infection mechanism during pandemic, scientists expect to design and discover novel small-molecule candidate drugs targeting key proteins in the SARS-CoV-2 life cycle. Researchers from Germany’s Goethe University discovered 69 small molecules that can bind to SARS-CoV-2 segments, potentially halting or slowing viral replication. Furthermore, the increased promise of innovation in drug discovery will provide new opportunities for market participants in the small molecule drug discovery market to grow in the near future.
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Global Small Molecule Drug Discovery Market:
- By Phase
- Target Validation and Identification
- Hit and lead generation
- Lead optimization and Profiling
- Clinical Trials
- By Therapeutic Indication
- Mental Disorder
- Oncology
- Cardiovascular
- Central nervous system (CNS) disorders
- Respiratory
- Gastrointestinal
- Others
- By End Users
- Pharmaceutical Companies
- Research Labs and Centers
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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