Market Highlights: Compound Management has high growth prospects due to rising drug discovery activities and developing biopharmaceutical industries. Compound management is consists of several services such as registration, procurement, plating, quality control, storage, and others. In developed economies, consumers have started various advanced techniques to check the drug discovery process and high-throughput screening through compound management. Factors such as increasing the pharmaceutical industry are coupled with rising consumer spending on assay development & liquid handling system will provide a positive scope for the product penetration during the forecasted timeframe. The market study is being classified by Type (Compound/Sample Management Products, Instruments, Softwares and Services), by Application (Gene Synthesis, Drug Discovery, Biobanking and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Compound Management are Brooks Life Sciences (United States), Tecan (Switzerland), Hamilton Company (United States), TTP Group (UK), Labcyte (United States), Biosero (United States) and Evotec (Germany).
In Feb 2018, Brooks Life Science launched a new fluidx acoustix sample tube in a compound management platform, which is beneficial for an automated solutions for temperature-controlled storage and management of compounds and biological samples.
Key Questions Answered in the Report What will the Compound Management Market size and the growth rate be in Future? What are the key factors driving the Compound Management Market? What are the key market trends and macro-economic impacting the growth of the Compound Management Market? What are the challenges to market growth? Who are the key vendors in the Compound Management Market? What are the market opportunities and threats faced by the vendors in the Compound Management Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Compound Management Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Compound Management market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Compound Management market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes End-Use Market Participants of Different Segments of Compound management, Government and Research Organizations, R&D Institutions, Associations and Industrial Bodies, Research and Consulting Firms and Others. This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.