In-Depth Insights into the High Throughput Screening (HTS) Market: Growth, Trends, and Opportunities for 2025-2034
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How has the High Throughput Screening (HTS) market size evolved in recent years?
In recent times, there has been a significant expansion in the high throughput screening (HTS) market. The market size, which stood at $22.98 billion in 2024, is projected to escalate to $25.49 billion in 2025, signaling a compound annual growth rate (CAGR) of 10.9%. Factors driving this growth during the historical period include a surge in the utilization of high-throughput screening, increased spending on research and development, the accessibility of more funding for research purposes, a rise in healthcare expenditure, and competitive market conditions.
What are the predictions for the high throughput screening (hts) market size in the coming years?
The market for high throughput screening (HTS) is projected to experience significant expansion in the forthcoming years. By 2029, it is expected to have a worth of $36 billion, with a compound annual growth rate (CAGR) of 9.0%. The projected growth during this period is due to factors such as expanding market size and growth rate, key players committing to strategic developments, increased necessity for disease monitoring and drug discovery procedures, growing instances of chronic diseases, and a rising emphasis on incorporating ultra high throughput screening (UHTS) techniques. Technological advancements in high-throughput screening and an increasing focus on ultra high throughput screening (UHTS) techniques are major trends projected for the forecast period.
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What key factors are fueling the growth of the high throughput screening (hts) market?
The escalation in chronic disease frequency is anticipated to stimulate the expansion of the high-throughput screening (HTS) market in the future. Chronic diseases, which last for at least three months or longer, involve prolonged health issues. HTS facilitates swift examination of a large number of chemical substances to identify potential drug possibilities targeting distinct pathways or mechanisms involved in chronic diseases, crucial for successful long-term treatment. For example, the National Library of Medicine, a governmental agency in the US, stated in January 2023 that the population of people in America aged 50 and older with at least one chronic condition is projected to rise to 142.66 million by 2050. Consequently, the growing frequency of chronic diseases is likely to fuel the development of the high-throughput screening (HTS) market.
How is the global high throughput screening (hts) market divided into key segments?
The high throughput screening (HTS) market covered in this report is segmented –
1) By Products And Services: Consumables And Reagents, Instruments, Software And Services
2) By Technology: Ultra-High-Throughput Screening, Cell-Based Assays, Lab-On-A-Chip, Label-Free Technology
3) By Application: Target Identification And Validation, Primary And Secondary Screening, Toxicology Assessment, Other Applications
4) By End User: Pharmaceuticals And Biotechnology Industry, Academics And Research Institute, Contract Research Organization, Other End Users
Subsegments:
1) By Consumables And Reagents: Assay Plates, Reagents And Assay Kits, Sample Preparation Kits, Detection Reagents
2) By Instruments: Automated Liquid Handlers, Plate Readers, Robotics And Automation Systems, Microfluidic Devices
3) By Software And Services: Data Analysis Software, HTS Management Software, Consulting Services, Maintenance And Support Services
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Who are the key firms paving the way for growth in the high throughput screening (hts) market?
Major companies operating in the high throughput screening (HTS) market are Thermo Fisher Scientific Inc., AstraZeneca Plc, Danaher Corporation, Merck Group, GE HealthCare Technologies Inc., Corning Inc., Agilent Technologies Inc., Lonza Group Ltd., Charles River Laboratories International Inc, Beckman Coulter Inc., PerkinElmer Inc., Bio-Rad Laboratories, Tecan Group Ltd., Sygnature Discovery Ltd., Luminex Corporation, Hamilton Company, Crown Bioscience Inc., HighRes Biosolutions, NanoTemper Technologies GmbH, BMG LABTECH GmbH, Axxam SpA, Reprocell Inc., BioTek Instruments Inc, Aurora Biomed Inc., Cyclica Inc., Biomat Srl, Diana Biotechnologies s.r.o
Which trends are expected to transform the high throughput screening (hts) market?
Leading companies in the high-throughput screening market are introducing innovative products like multimode plate readers to enhance their service to customers with advanced features. Multimode plate readers (MPR) are sophisticated laboratory equipment used in high-throughput screening, enabling the analysis of biological and chemical samples in microplates by integrating multiple detection modes for assortment of assays into a single platform. For instance, in February 2023, the American MedTech firm, PerkinElmer Inc., launched the EnVision Nexus system, positioning it as the fastest and most sensitive multimode plate reader in the market, specifically designed for high-demand high-throughput screening (HTS) applications to accelerate drug discovery efforts. The system features unique technology inclusive of dual detectors and optimized reagents such as proprietary HTRF and AlphaLISA, along with the newest reagent kits, granting researchers unparallel assay flexibility, accuracy, speed, and sensitivity. The system’s convenience features like a walkaway plate stacker for 20 or 50 plates or complete automation and integration for continuous 24/7 workflow-driven operations, allow researchers to screen millions of samples with extraordinary proficiency.
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What regions are contributing significantly to the growth of the high throughput screening (hts) market?
North America was the largest region in the high throughput screening market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high throughput screening (HTS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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