Compound Management Market Size, Forecast to 2027 - COVID-19 Impact and Global Analysis By Tecan Trading, Hamilton, TTP Labtech, Biosero, Evotec, Icagen, Wuxi Apptec, BioAscent and more

The global Compound management market is expected to reach US$ 691.41 Mn in 2027 from US$ 220.19 Mn in 2018. The market is estimated to grow with a CAGR of 14.2% from 2019-2027.

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Key Market Competitors: Global Compound Management Market:
• Tecan Trading AG
• Hamilton Company
• TTP Labtech
• Frontier Scientific Services
• Biosero Inc.
• Evotec
• Icagen, Inc.
• Wuxi Apptec
• TCG Lifesciences Pvt. Ltd
• BioAscent

COMPOUND MANAGEMENT – MARKET SEGMENTATION
Global Compound Management Market – By Product & Services
• Compound/Sample Management Products
• Instruments (Automated Compound/Sample Storage Systems, Manual Compound/Sample Storage Systems, Automated Liquid Handling Systems)
• Software
• Services

Global Compound Management Market – By Sample Type
• Chemical Compounds
• Biosamples

Global Compound Management Market – By Application
• Drug Discovery
• Gene Synthesis
• Biobanking

Global Compound Management Market – By End User
• Pharmaceutical Companies
• Biopharmaceutical Companies
• Contract Research Organizations (CROs)
• Others

Europe is the second largest geographic market and is expected to be the second most significant revenue contributor throughout the forecast period. The region has witnessed several government funding for drug discovery, collaboration between companies for use of artificial intelligence (AI) in the field of drug discovery. The growth is driven by factors such as the rising growth in biobanking segment.

The global compound management market by product and services was led by automated compound/sample storage systems. In 2018, the segment held the largest market share in the compound management market, by instrument. The segment is also expected to witness growth at a significant rate during the forecast period as the system can handle a broad range of labware types, which include vials, tubes, and plates, for accommodating current and future workflows also system can be run day and night without any supervision.

The Compound Management Market is anticipated to grow with a significant rate in the coming years, owing to factors such as increasing ageing population, rising prevalence of chronic diseases, up surge in healthcare costs, and developments in technology. Moreover, increase of big multi-service ambulatory care centers and growth in healthcare investments offer growth opportunities in the Compound Management Market.

The “Global Compound Management Market Analysis to 2027” is a specialized and in-depth study of the medical devices industry with a focus on the global Compound Management Market trend. The report aims to provide an overview of global Compound Management Market with detailed market segmentation by type, specialty, surgery, and geography. The global Compound Management Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Compound Management Market.

Reasons to Purchase this Report:
1. Current and future of Compound Management Market outlook in the developed and emerging markets
2. The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
3. Regions/Countries that are expected to witness the fastest growth rates during the forecast period
4. The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
1. All segmentation provided above in this report is represented at country level
2. All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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To comprehend Global Compound Management Market dynamics in the world mainly, the worldwide Compound Management Market is analyzed across major global regions.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

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