The Global DNA-Encoded Libraries Platforms And Services Market Report is a compilation of comprehensive research studies of various aspects of the DNA-Encoded Libraries Platforms And Services Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global DNA-Encoded Libraries Platforms And Services market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global DNA-Encoded Libraries Platforms And Services market and how they will evolve in the years to come.
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In terms of revenue, global DNA-encoded libraries platforms and services market was valued at US$ 719.04 Mn in 2022 and is anticipated to reach US$ 4043.80 Mn by 2030 growing at a CAGR of 21.27% over the forecast period (2022 – 2030).. Amgen Inc., X-Chem, NovAliX, BOC Sciences, SpiroChem, DyNAbind GmbH, Vipergen ApS, Novartis AG, WuXi AppTec, HitGen Inc and LGC Biosearch Technologies amongst others.
Rising prevalence of diseases and the need for faster mode of treatments is accelerating the development of pharmaceutical drugs. DNA – encoded libraries also known as DELs is a sophisticated combinatorial drug discovery tool for synthesis and screening of large collections of small molecule compounds. The automated screening of small organic ligands using DNA- encoded chemical libraries has enabled identification of potential lead molecules. These lead molecules are selected from refining the collection of hits for further development. This technology is a prominent approach to early stage drug discovery. Traditional methods used for DNA screening are lengthy and time consuming where compounds are tested individually over months, as opposed to traditional methods DEL allows huge number of compounds to be simultaneously interrogated in less time. It has the capacity to store billions or even trillions of compounds that can fit into a space size of an eppendorf tube.
This technology prevails higher probability of finding a useful compound with good properties and a tractable route for future medical drug discoveries. Major pharmaceutical corporations have embraced a DNA-encoded chemical library (DEL) and are using it in a variety of drug discovery projects. Due to reduced cost, time, and storage space required for the identification of target compounds, DEL is one of the most useful techniques during the early stages of drug research, thus creating huge growth opportunities for DNA-encoded libraries platforms and services market.
In the pharmaceutical sector, DNA-encoded library (DEL) technology is developed as a new screening technique for exploring undiscovered chemical area. In pharmaceutical settings, DNA-encoded library (DEL) technology has recently emerged as a new screening technique for quick discovery of medicinal candidates. This technology enables the assembly and interrogation of billions of small organic ligands against a biological target in a single experiment at a low cost and in a short amount of time. DNA-encoded libraries (DEL) have matured into a major technology platform for ligand discovery in the pharmaceutical industry. The explosive growth of DEL-compatible chemistries has greatly improved DEL chemical diversity and fuelled its applications in drug discovery. These factors are driving the demand of DNA-encoded libraries platforms and services market.
The COVID-19 pandemic has impacted business operations across the globe. Remote working options are being provided by numerous companies to enable social in distancing. The COVID-19 pandemic is exhibiting a positive impact on global DNA-encoded libraries platforms and services market. Major companies are collaborating and coming up solutions/services/drugs with an aim to fight COVID-19 virus. For instance, in April 2021, X-Chem, Inc., Arbutus Biopharma Corporation, and Proteros biostructures GmbH declared that they had entered into a discovery research and license agreement. This aim of this agreement was focused on the detection of novel inhibitors targeting the SARS-CoV-2 nsp5 main protease (Mpro). X-Chem’s industry leading DNA-encoded library (DEL) technology along with Arbutus expertise in the detection and development of antiviral agents and Proteros’s protein sciences, will aid in finding potential, safe and effective therapies to fight against coronavirus.
Thus, various major pharmaceutical companies are entering into a partnership/collaborating to meet the unmet needs of healthcare industry.
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Global DNA-Encoded Libraries Platforms and Services Market:
- DEL-Driven Hit identification
- Lead Optimization
- Libraries design & production
- Screening & data analysis
- Pharmaceutical Companies
- Research Institutions
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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