Compound Management Market is expected to undergo a CAGR of 8.91% during the forecast period 2021 to 2028.

Market Analysis and Insights Compound Management Market

Compound management is a service that provides secure compound storage and aggregation, rapid delivery of hits, and leads to the pharmaceutical, biopharmaceutical, and other contract research organization with quality control and inventory management. Compounds that are used for research purpose start their journey from the collection then they are stored, then processed and finally reaches to the research labs for drug development.

Unprecise and inaccurate compound management can show great impact in research and development. Compound destruction, increase in downtime, delay onset of research are some of the results of unreliable and defective compound management.

Compound Management Market Scope and Market Size

Compound management market is categorized into seven notable segments which are based on product & services, sample type, process, application, compound library size, end user and distribution channel.

·On the basis of product & services, the compound management market is segmented into compound/sample management products and outsourcing services. In 2021, compound/sample management products are dominating in the compound management market because they are crucial assets for compound management and needed for various functions. Moreover, most companies prefer in-house equipment for research purposes. Although, laboratory automation and storage devices are the strongest contributing factors, a large number of compound management products are required in research workflow and development processes.

·On the basis of sample type, the compound management market is segmented into chemical compounds and biosamples. In 2021, chemical compounds are dominating the market because they constitute significant share in all kinds of drug discovery including biopharmaceuticals. The chemicals are used as reagents or in reactions for development workflow irrespective of the field of research. The involvement of chemical samples attribute to the high percent of using chemical compounds in the compound management market.

·On the basis of process, the compound management market is segmented into high-throughput screening, fragment based screening and lead optimization. In 2021, high throughput screening is dominating the market as it has been the leading model of small molecule drug discovery for the biopharmaceutical industry. Companies have invested more than one million compounds in hardware (liquid storage, robotics and read-out technologies), process automation, and large compound collections in over two to three decades.

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Compound Management Market Country Level Analysis

The countries covered in the compound management market report are the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Switzerland, Netherlands, Belgium, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa.

Competitive Landscape and Compound Management Market Share Analysis

The Compound Management Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Compound Management Market.

 Key Players Compound Management Market

• HighRes Biosolutions
• BioAscent
• Titian Software Limited
• LiCONiC AG
• AXXAM S.p.A.
• SPT Labtech
• TCG Lifesciences Private Limited
• Specs Compound Handling B.V.
• Brooks Life Sciences (A division of Brooks Automation, Inc.)
• Tecan Trading AG
• Hamilton Company

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MAJOR TOC OF THE REPORT

• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Global Compound Management Market by Product & Procedure type

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