High Throughput Screening (HTS) Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theHigh Throughput Screening (HTS) Market?
Expectations of the high-throughput screening (HTS) market growth are driven by an increase in the incidence of chronic illnesses. Chronic diseases, which generally last for three months or more, are long-term health issues or ailments. Such diseases can be effectively managed through HTS, which allows for a quick screening of a broad range of chemical compounds to identify potential drug candidates that target specific mechanisms or pathways related to chronic diseases. The National Library of Medicine, a US government agency, projected in January 2023 that by 2050, the number of Americans aged 50 and over experiencing at least one chronic condition would rise to 142.66 million. Consequently, the escalating rate of chronic diseases will fuel the expansion of the high-throughput screening (HTS) market.
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#How Does the ProjectedHigh Throughput Screening (HTS) Market Growth Compare Over the Forecast Period?
The industry for high throughput screening (HTS) has experienced swift expansion in the past few years. It is set to increase from $22.98 billion in 2024 to reach a value of $25.49 billion in 2025, translating to a compound annual growth rate (CAGR) of 10.9%. Factors contributing to this growth during the historic period include heightened use of high-throughput screening, escalating R&D expenditure, the rise in available research funds, increased spending on healthcare, and a competitive market environment.
In the forthcoming years, the market size for high throughput screening (HTS) is predicted to witness robust growth. It is projected to inflate to $36 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. The escalation in the prediction period could be ascribed to the rise in the market size and growth rate, strategic innovation by leading players, surging demand for disease surveillance and drug exploration, increased incidence of chronic illnesses, and a heightened focus on the application of ultra high throughput screening (UHTS) methods. Technological breakthroughs in high-throughput screening and growing emphasis on the application of ultra high throughput screening (UHTS) methods will be among the major trends during the forecast period.
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What Are the Current Market Growth and Trends in theHigh Throughput Screening (HTS) Market That Industry Players Should Watch?
Primary businesses in the high-throughput screening market are innovating and designing products such as multimode plate readers, ensuring they provide their clients with enhanced features. The multimode plate reader (MPR) is a high-tech laboratory instrument employed in high-throughput screening, responsible for examining biological and chemical specimens in microplates by consolidating multiple detection techniques for different assays on a single platform. For instance, in February 2023, the US-based MedTech firm, PerkinElmer Inc., unveiled the EnVision Nexus system. Standing distinct as the quickest and most sensitive multimode plate reader accessible, the EnVision Nexus system is specifically tailored for demanding high-throughput screening (HTS) applications to hasten drug discovery processes. Leveraging unique technology such as dual detectors and optimized reagents including exclusive HTRF and AlphaLISA, along with the most recent reagent kits, it offers researchers unmatched assay versatility, precision, rapidity, and sensitivity. The system is fitted with convenience options for unattended operation like a plate stacker for either 20 or 50 plates, or full automation and integration for rapid, round-the-clock operations, empowering researchers to screen millions of samples with unrivaled efficiency.
What Are the Major Market Players Making an Impact on theHigh Throughput Screening (HTS) Market Growth?
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
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How Are the Key Segments of the High Throughput Screening (HTS) Market Driving Opportunities and Innovations?
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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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theHigh Throughput Screening (HTS) Market?# Market Expansion?
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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