High Throughput Screening Market - Drivers, Key Indicators and Forecast to 2030
Market Industry Reports (MIR) has published a new report titled “ High Throughput Screening Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global high throughput screening market was valued at over US$ 14.0 Mn in 2017 and is anticipated to grow at a CAGR of 7.5% from 2019 to 2030. Increasing Investments in R&D Rising prevalence and incidences of several diseases worldwide has triggered the need for advanced R&D scenario across all sectors of biotechnology, pharmaceuticals and research establishments. Both public and private sectors are now focusing on new innovative techniques, ideas to obtain latest medical breakthroughs. According to studies, it was estimated that the total spending on R&D by mid-market biotechnology companies, witnessed an increment of approximately 18% between 2015 and 2016. Growing need to address several forms of ailments has been crucial in dictating the funding and...