- The key vendors in the Global High Throughput Screening Market 2014-2018 are Agilent Technologies Inc., Bio-Rad Laboratories Inc., Danaher Corp., PerkinElmer Inc., Sigma-Aldrich Corp. and Thermo Fisher Scientific Inc.
London, 23 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global High Throughput Screening Market 2014-2018. . One of the major trends is the improved automation and miniaturization of HTS techniques. This helps reduce the consumption of reagents and other chemical compounds in the tests.
HTS is a technology for screening and analyzing a large number of biological or chemical compounds against specific targets. It is fully automated technology and it involves instruments, consumables, and software for screening and analysis of compounds. The technology is widely used by researchers for drug discovery and other research applications. The high sensitivity, fast speed, and ease of use of HTS support its adoption in research and drug discovery to identify enzymes, ligands for receptors, ion channels, or other pharmacological targets of interest. HTS is a crucial step in drug discovery for various applications such as assay development, target identification, and primary screening.
“HTS is extensively used in drug discovery for various applications such as target identification and primary screening,” says Faisal Ghaus, Vice President of TechNavio Research.
“The use of HTS in drug discovery reduces the time required for drug development and the failure rate. Various governments support research institutes and pharmaceutical companies in new drug discovery and development.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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