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Global High-Throughput Screening Market to Surpass USD 50.2 Billion by 2029

Global High-Throughput Screening Market to Surpass USD 50.2 Billion by 2029

Business Upturn11 hours ago
By GlobeNewswire Published on August 13, 2025, 05:30 IST
Delray Beach, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) — North America Leads Today, Asia Pacific to Record Fastest Growth
The global high throughput screening market, valued at US$25.7 billion in 2023, stood at US$28.8 billion in 2024 and is projected to advance at a resilient CAGR of 11.8% from 2024 to 2029, culminating in a forecasted valuation of US$50.2 billion by the end of the period. This growth is propelled by surging R&D investments in drug discovery, strategic government funding, and the increasing adoption of automation in life sciences research.
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What Is Driving the Market Now?
HTS adoption is accelerating due to innovations in automation, miniaturization, and high-content screening, which significantly reduce discovery timelines and enhance precision in identifying therapeutic candidates. Grants such as the USD 7.8 million awarded to the University of Pittsburgh for advanced drug discovery systems underscore growing institutional and government commitment to high-impact research.
Why Does This Matter for Global Pharma and Biotech Leaders?
The market represents a critical enabler for competitive advantage in lead discovery, target validation, compound profiling, and hit identification—processes essential for pipeline acceleration. While high instrument costs remain a barrier, particularly for automated liquid handling and high-resolution imaging systems, emerging markets such as China and India offer lucrative opportunities with strong government support and an expanding pharmaceutical manufacturing base.
Who Are the Key Stakeholders?
The HTS ecosystem spans pharmaceutical giants, biotechnology innovators, academic institutions, and technology providers, all collaborating to enhance assay development and manage the rising complexity of biological data. The consumables segment—driven by recurring purchases of reagents and kits—dominates the market, ensuring steady demand as HTS workflows expand globally.
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Where Is Growth Coming From? North America currently leads, fueled by advanced HTS infrastructure, robust funding for life science research, and a thriving biotech sector.
Asia Pacific is projected to be the fastest-growing region, supported by a diverse patient base, strong pharmaceutical capabilities, and favorable regulatory environments.
How Are Market Leaders Responding? Thermo Fisher Scientific Inc. maintains global leadership through an extensive portfolio of automated systems, screening instruments, and consumables, underpinned by 3% annual R&D investment and strategic alliances.
Agilent Technologies, Inc. offers highly customizable workflows via BioTek detection instruments and Gen6 software, strengthened by acquisitions such as e-MSion (US) to enhance mass spectrometry capabilities.
Merck KGaA delivers a diverse portfolio of reagents, instruments, software, and services, leveraging global reach and deep customer relationships across pharma, academia, and government sectors.
Market Outlook
As automation, AI-driven data analysis, and advanced assay development converge, HTS will remain at the forefront of pharmaceutical innovation. Decision-makers who strategically invest in HTS capabilities today will be best positioned to accelerate therapeutic pipelines, capture market share, and deliver faster, more targeted treatments to market.
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Discover Connected Healthcare Market Opportunities:
Drug Screening Market
Carrier Screening Market
Cell based Assays Market
Label Free Detection Market
Life Science Instrumentation Market
Get access to the latest updates on High-Throughput Screening Companies and High-Throughput Screening Market Size
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Report Scope Feature of the Report Details Market Size in 2025 USD 30.76 Billion Projected Market Size in 2034 USD 192.95 Billion Market Size in 2024 USD 24.58 Billion CAGR Growth Rate 28.63% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Technology, Application and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the AI in Synthetic Biology report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. 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With a huge population, booming biotechnology sector, and government support for innovation, the Asia-Pacific region sees vast potential and demand for genetically modified crops and sustainable biomanufacturing solutions. China is making huge investments in synthetic biology research and development, and it already has a larger presence in the global biotech market. China is emerging as a focal point for developments in genome editing and gene synthesis. India has a rapidly advancing agricultural biotechnology sector and is seeing rapid growth in healthcare as well. The growth of bio-based chemicals will be a significant opportunity for the Asia-Pacific region, as will the use of synthetic biology for sustainable solutions. LAMEA (Latin America, Middle East, and Africa): Synthetic biology in LAMEA is still emerging, with growth potential on the horizon. 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Email Directly Here with Detail Information: support@ Browse the full 'AI in Synthetic Biology Market Size, Trends and Insights By Technology (Gene Synthesis, Genome Editing, Synthetic Biology Tools, Bioinformatics), By Application (Healthcare & Medicine, Agricultural Biotechnology, Industrial Biotechnology, Environmental Biotechnology), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034' Report at List of the prominent players in the AI in Synthetic Biology Market: Ginkgo Bioworks Amyris Thermo Fisher Scientific Illumina GenScript Synthetic Genomics Novozymes LanzaTech Zymergen Twist Bioscience Codexis Cambrian Biopharma Moderna Editas Medicine Vertex Pharmaceuticals CRISPR Therapeutics Arbor Biotechnologies Synthego Evonik Industries Cargill Others Click Here to Access a Free Sample Report of the Global AI in Synthetic Biology Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. 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Which Trends Are Causing These Developments? Who are the global key players in this AI in the synthetic biology market? What are the profiles, product details, and contact information for these companies? What Was the Global Market Status of the AI in Synthetic Biology Market? What Was the Capacity, Production Value, Cost and PROFIT of the AI in Synthetic Biology Market? What Is the Current Market Status of the AI in Synthetic Biology Industry? What's the market's competition in this industry, both company-wise and country-wise? What's Market Analysis of AI in Synthetic Biology Market by Considering Applications and Types? What Are Projections of the Global AI in Synthetic Biology Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is AI in Synthetic Biology Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On AI in Synthetic Biology Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of AI in Synthetic Biology Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for AI in Synthetic Biology Industry? Click Here to Access a Free Sample Report of the Global AI in Synthetic Biology Market @ Reasons to Purchase AI in Synthetic Biology Market Report AI in Synthetic Biology Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. AI in Synthetic Biology Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. AI in Synthetic Biology Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. The report includes extensive company profiles, which include company overviews, insights, product benchmarking, and SWOT analyses for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. AI in Synthetic Biology Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain. 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Request a Customized Copy of the AI in Synthetic Biology Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey. 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