Drug Discovery Market Revenue 2024 to 2034
Drug Discovery Market Revenue 2024 to 2034
The drug discovery market will expand from USD 65.84 Bn in 2024 to USD 158.74 Bn by 2034, at a 9.2% CAGR, fueled by AI adoption, biologics research, and rising investments in personalized and precision medicine.
Report ID: 10651
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Format: Databook
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Published: August 2025
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Delivery: Immediate
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Revenue,
USD 65.84 Bn
Forecast Year,
USD 158.74 Bn
CAGR, 2025 -
9.20%
Report Coverage
Worldwide
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
Drug Discovery Market Size Analysis
Drug Discovery Market Size By Workflow 2024 to 2034 (USD )
| Workflow | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Target Identification/Screening | 6.98 | 7.59 | 8.50 | 9.08 | 9.92 | 11.36 | 11.95 | 13.24 | 12.31 | 12.22 | 12.75 |
| Lead Optimization | 22.35 | 24.47 | 26.28 | 28.63 | 31.75 | 34.03 | 37.08 | 41.96 | 47.22 | 48.81 | 53.08 |
| Preclinical Testing | 36.51 | 39.84 | 43.73 | 48.03 | 51.95 | 56.85 | 62.61 | 66.71 | 73.59 | 84.34 | 92.91 |
Drug Discovery Market Size By Technology 2024 to 2034 (USD )
| Technology | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| High-throughput Screening | 21.25 | 23.25 | 25.45 | 27.54 | 30.37 | 32.09 | 38.04 | 38.28 | 41.96 | 46.88 | 56.68 |
| Bioanalytical/Analytical Instruments | 21.59 | 23.42 | 26.36 | 28.28 | 29.96 | 33.15 | 35.86 | 40.90 | 45.25 | 46.95 | 52.80 |
| AI/ML | 18.70 | 20.23 | 22.27 | 24.81 | 26.95 | 28.62 | 31.52 | 35.24 | 36.73 | 38.55 | 39.19 |
| Others | 4.30 | 4.99 | 4.43 | 5.11 | 6.33 | 8.38 | 6.22 | 7.48 | 9.18 | 12.98 | 10.07 |
Drug Discovery Market Size By End-use 2024 to 2034 (USD )
| End-use | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pharma | 15.60 | 17.12 | 18.45 | 20.77 | 23.15 | 23.49 | 26.38 | 27.32 | 25.40 | 36.56 | 36.77 |
| Biotech | 20.62 | 22.55 | 24.62 | 27.13 | 28.48 | 32.12 | 36.00 | 40.22 | 46.71 | 45.83 | 52.18 |
| CROs | 15.43 | 16.81 | 18.43 | 19.64 | 21.55 | 23.97 | 25.90 | 27.61 | 29.90 | 33.14 | 36.79 |
| Academia | 14.19 | 15.42 | 17.01 | 18.20 | 20.43 | 22.65 | 23.37 | 26.75 | 31.11 | 29.83 | 33.00 |
Drug Discovery Market Size By Region 2024 to 2034 (USD )
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 17.88 | 19.77 | 21.18 | 23.35 | 25.80 | 26.94 | 30.36 | 34.63 | 35.06 | 37.58 | 42.19 |
| Europe | 6.52 | 7.02 | 7.59 | 7.02 | 9.39 | 10.06 | 12.66 | 14.55 | 14.76 | 9.27 | 12.74 |
| Asia Pacific | 19.08 | 20.81 | 22.90 | 25.58 | 27.03 | 29.70 | 31.26 | 33.25 | 36.32 | 46.13 | 47.39 |
| Latin America | 10.97 | 11.97 | 13.06 | 15.29 | 15.86 | 18.60 | 17.87 | 18.67 | 22.38 | 21.24 | 26.50 |
| Middle East & Africa | 11.39 | 12.32 | 13.78 | 14.50 | 15.54 | 16.93 | 19.48 | 20.80 | 24.60 | 31.15 | 29.92 |
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