The North America compound management market is expected to reach US$ 275.04 Mn in 2027 from US$ 89.75 Mn in 2018. This market is projected to grow at a growth rate of 13.9% from 2019-2027.
The growth of the compound management market is primarily attributed to increasing R&D expenditures and outsourcing activities, along with an increase in the number of clinical trial activities. On the other hand, increasing demand for specialized testing services is expected to have a positive effect on the growth of the North America compound management market in the coming years.
The pharmaceutical companies need to perform various testing services throughout the development of the product to comply with the international and national regulatory standards as per the specification. Specialized tests such as LC/MS testing, protein profiling, inorganic analysis, microbiology testing, and environmental testing need advanced technological setup and skilled professional to avoid even the slightest of errors. Pharmaceutical companies need to increase the cost for the maintenance of high-end technologically advanced machineries to perform these specialized testing services. The time required for these testing services is also more than that of the other services, which may hamper the different process of drug development. Therefore, to avoid the increasing labor cost and time, companies are outsourcing these services to the CROs. Additionally, to comply with the regulatory standards and validate their data for these services, some of the pharmaceutical companies are outsourcing these services to the specialized/boutique CROs. The growing demand for specialized testing services among pharmaceutical companies may stimulate market growth during the forecast period.
North America compound management market is segmented by product & services, sample type, application, and end user. Based on product & services the market is categorized as, compound/sample management products and services. The market is classified based on sample type such as, chemical compounds and biosamples. On the basis of application, the market is categorized as, drug discovery, gene synthesis, and biobanking. Similarly, as per end user, the compound management market is segmented as, pharmaceutical companies, biopharmaceutical companies, contract research organizations (CROs), and others.
Some of the major primary and secondary sources for compound management included in the report are World Health Organization (WHO), Canadian Institutes of Health Research (CIHR), Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), and National Institute for Health among others.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. North America Compound Management Market – Key Takeaways
3. North America Compound Management Market – Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 North America Compound Management Market – Product & Services
3.2.2 North America Compound Management Market – Sample Type
3.2.3 North America Compound Management Market – By Application
3.2.4 North America Compound Management Market – By End User
3.2.5 North America Compound Management Market – By Country
3.3 PEST Analysis
4. North America Compound Management Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increasing R&D Expenditures and Outsourcing Activities
4.1.2 Rise in The Number of Clinical Trials
4.2 Key Market Restraints
4.2.1 Dearth Of Skilled Professionals
4.3 Key Market Opportunities
4.3.1 Increasing Demand for Specialized Testing Services
4.4 Future Trends
4.4.1 Increasing Market Consolidation
4.5 Impact Analysis
5. Compound Management Market – North America Analysis
5.1 North America Compound Management Market Revenue Forecasts And Analysis
5.2 Performance of Key Players
6. North America Compound Management Market Analysis – By Product & Services
6.1 Overview
6.2 North America Compound Management Market by Product & Services, 2018 & 2027 (%)
6.3 North America Compound Management Market Revenue And Forecasts To 2027, By Product & Services (US$ Mn)
6.4 Compound/Sample Management Products Market
6.4.1 Overview
6.4.2 North America Compound/Sample Management Products Market Revenue and Forecasts to 2027 (US$ Mn)
6.4.3 Instruments Market
6.4.3.1 Overview
6.4.3.2 North America Instruments Market Revenue and Forecasts to 2027 (US$ Mn)
6.4.3.3 Automated Compound/Sample Storage Systems Market
6.4.3.3.1 Overview
6.4.3.3.2 North America Automated Compound/Sample Storage Systems Market Revenue and Forecasts to 2027 (US$ Mn)
6.4.3.4 Manual Compound/Sample Storage Systems Market
6.4.3.4.1 Overview
6.4.3.4.2 North America Manual Compound/Sample Storage Systems Market Revenue and Forecasts to 2027 (US$ Mn)
6.4.3.5 Automated Liquid Handling Systems Market
6.4.3.5.1 Overview
6.4.3.5.2 North America Automated Liquid Handling Systems Market Revenue and Forecasts to 2027 (US$ Mn)
6.4.4 Software Market
6.4.4.1 Overview
6.4.4.2 North America Software Market Revenue and Forecasts to 2027 (US$ Mn)
6.5 Services Market
6.5.1 Overview
6.5.2 North America Services Market Revenue and Forecasts to 2027 (US$ Mn)
7. North America Compound Management Market Analysis – By Sample Type
7.1 Overview
7.2 North America Compound Management Market by Sample Type, 2018 & 2027 (%)
7.3 North America Compound Management Market Revenue And Forecasts To 2027, By Sample Type (US$ Mn)
7.4 Chemical Compounds Market
7.4.1 Overview
7.4.2 North America Chemical Compounds Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Biosamples Market
7.5.1 Overview
7.5.2 North America Biosamples Market Revenue and Forecasts to 2027 (US$ Mn)
8. North America Compound Management Market Analysis – By Application
8.1 Overview
8.2 North America Compound Management Market by Application, 2018 & 2027 (%)
8.3 North America Compound Management Market Revenue And Forecasts To 2027, By Application (US$ Mn)
8.4 Drug Discovery Market
8.4.1 Overview
8.4.2 North America Drug Discovery Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Gene Synthesis Market
8.5.1 Overview
8.5.2 North America Gene Synthesis Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Biobanking Market
8.6.1 Overview
8.6.2 North America Biobanking Market Revenue and Forecasts to 2027 (US$ Mn)
9. North America Compound Management Market Analysis – By End User
9.1 Overview
9.2 North America Compound Management Market by End User, 2018 & 2027 (%)
9.3 North America Compound Management Market Revenue And Forecasts To 2027, By End User (US$ Mn)
9.4 Pharmaceutical Companies Market
9.4.1 Overview
9.4.2 North America Pharmaceutical Companies Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Biopharmaceutical Companies Market
9.5.1 Overview
9.5.2 North America Biopharmaceutical Companies Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Contract Research Organizations (CROs) Market
9.6.1 Overview
9.6.2 North America Contract Research Organizations (CROs) Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others Market
9.7.1 Overview
9.7.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. North America Compound Management Market Revenue and Forecasts To 2027
10.1 Overview
10.1.1 North America Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.2 North America Compound Management Market Revenue And Forecasts to 2027, By Product & Services (US$ Mn)
10.1.2.1 North America Compound Management Market Revenue And Forecasts To 2027, By Compound/Sample Management Products (US$ MN)
10.1.2.1.1 North America Compound Management Market Revenue And Forecasts to 2027, By Instruments (US$ Mn)
10.1.3 North America Compound Management Market Revenue And Forecasts to 2027, By Sample Type (US$ Mn)
10.1.4 North America Compound Management Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.5 North America Compound Management Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10.1.6 North America Compound Management Market Revenue and Forecasts to 2027, By Country (%)
10.1.7 US Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.7.1 US Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.7.2 US Compound Management Market Revenue And Forecasts to 2027, By Product & Services (US$ Mn)
10.1.7.2.1 US Compound Management Market Revenue And Forecasts To 2027, By Compound/Sample Management Products (US$ MN)
10.1.7.3 US Compound Management Market Revenue And Forecasts to 2027, By Sample Type (US$ Mn)
10.1.7.4 US Compound Management Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.7.5 US Compound Management Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10.1.8 Canada Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.8.1 Canada Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.8.2 Canada Compound Management Market Revenue And Forecasts to 2027, By Product & Services (US$ Mn)
10.1.8.2.1 Canada Compound Management Market Revenue And Forecasts To 2027, By Compound/Sample Management Products (US$ MN)
10.1.8.3 Canada Compound Management Market Revenue And Forecasts to 2027, By Sample Type (US$ Mn)
10.1.8.4 Canada Compound Management Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.8.5 Canada Compound Management Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10.1.9 Mexico Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.9.1 Mexico Compound Management Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.9.2 Mexico Compound Management Market Revenue And Forecasts to 2027, By Product & Services (US$ Mn)
10.1.9.2.1 Mexico Compound Management Market Revenue And Forecasts To 2027, By Compound/Sample Management Products (US$ MN)
10.1.9.3 Mexico Compound Management Market Revenue And Forecasts to 2027, By Sample Type (US$ Mn)
10.1.9.4 Mexico Compound Management Market Revenue And Forecasts to 2027, By Application (US$ Mn)
10.1.9.5 Mexico Compound Management Market Revenue And Forecasts to 2027, By End User (US$ Mn)
11. Compound Management Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Compound Management Market, 2016-2019
11.3 Organic Growth Strategies
11.3.1 Overview
11.3.2 Product Launch
11.3.3 Expansion
11.4 Inorganic Growth Strategies
11.4.1 Overview
11.4.2 Acquisition
11.4.3 Collaboration
12. Compound Management Market–Key Company Profiles
Summary: Get latest Market Research Reports on North America Compound Management . Industry analysis & Market Report on North America Compound Management is a syndicated market report, published as North America Compound Management Market to 2027 - Regional Analysis and Forecasts by Product & Services (Compound/Sample Management Products and Services); Sample Type (Chemical Compounds and Biosamples); Application (Drug Discovery, Gene Synthesis, Biobanking); End User (Pharmaceutical Companies, Biopharmaceutical Companies, Contract Research Organizations (CROs), and Others) and Country. It is complete Research Study and Industry Analysis of North America Compound Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.