10:30 ET Drug Discovery Technologies Market worth $51.51 billion by 2031 | MarketsandMarkets™

prnewswire
2026.01.15 15:32
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The Drug Discovery Technologies Market is projected to grow from USD 30.58 billion in 2025 to USD 51.51 billion by 2030, at a CAGR of 11.0%. Key segments include reagents & consumables, high-throughput screening, and oncology, with North America leading the market. Advancements in automation, AI, and integrated workflows are enhancing drug development processes. Major companies in this sector include Thermo Fisher Scientific, Danaher, and Illumina. The market is driven by increased research initiatives and funding in cancer treatment and drug discovery technologies.