Market By Offering, Sample Type, Application, End-user, And Country | Forecast 2019-2028
As per Triton's research report, Europe's compound management market is expected to garner a CAGR of 14.22% based on revenue during the evaluated years 2019-2028.Â
Report scope can be customized per your requirements. Request For Customization
The countries studied in this market include:
•       The UK
•       Spain
•       Germany
•       Italy
•       France
•       Russia
•       Rest of Europe
In Germany, the rise in the geriatric population, surge in the prevalence of chronic diseases, and demand for the production of new molecules for therapeutic applications are major factors fueling the growth of pharmaceutical companies. Moreover, with the presence of multiple local and international pharma companies, there is a growth in R&D activities. These companies are primarily focusing on research and development of new drugs for numerous therapeutic applications, expanding their R&D expenditure. This is further projected to augment the need to outsource compound management activities, thereby propelling the compound management market's growth in Germany.
Likewise, the pharmaceutical sector is growing at a significant rate in France, owing to the rising generic drug development. Moreover, the upscale in patent expirations and the presence of several pharmaceutical companies are anticipated to amplify the country's R&D activities. Also, biotechnology companies are concentrating on research activities in the field of oncology, infectious diseases, and the nervous system. Here, in order to discover and develop new molecules, companies focus on outsourcing sample management. For instance, Evotec announced a multi-year compound management agreement with Pierre Fabre Laboratories to manage its compound collection at a France facility. Therefore, the growth in R&D activities by pharma companies and collaborations among these companies are anticipated to boost the compound management market on a growth path.Â
SPT Labtech is involved in designing and manufacturing robust, reliable, and easy-to-use solutions for sample preparation and management and liquid handling. The company assists life science professionals through collaboration, deep application knowledge, and engineering to accelerate their research and development process. It has a strong portfolio in compound management products, liquid handling products, and services panel. The firm has its headquarters in the United Kingdom, and has distributors around the world.
1. EUROPE COMPOUND MANAGEMENT MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1.  GROWTH IN NEW DISEASES INCREASES NEED FOR R&D AND COMPOUND MANAGEMENT
2.2.2.  RISE IN COMPOUND MANAGEMENT MARKET CONSOLIDATION
2.2.3.  INCREASE IN PERSONALIZED MEDICINE CREATES OPPORTUNITIES FOR MARKET
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1.  THREAT OF NEW ENTRANTS
2.3.2.  THREAT OF SUBSTITUTE
2.3.3.  BARGAINING POWER OF SUPPLIERS
2.3.4.  BARGAINING POWER OF BUYERS
2.3.5.  THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. MARKET DRIVERS
2.6.1.  INCREASE IN R&D ACTIVITIES IN PHARMACEUTICAL AND BIOTECH SECTORS
2.6.2.  GROWTH IN CLINICAL TRIALS
2.6.3.  BIOBANKING SECTOR PUSHING GROWTH OF MARKET
2.7. MARKET RESTRAINTS
2.7.1.  INCOMPATIBILITY WITH GLOBAL SYSTEMS
2.8. MARKET OPPORTUNITIES
2.8.1.  GROWING DEMAND FOR SPECIALIZED TESTING SERVICES
2.8.2.  GROWTH OPPORTUNITIES IN DEVELOPING COUNTRIES
2.9. MARKET CHALLENGES
2.9.1.  DEARTH OF SKILLED PROFESSIONALS
2.10. IMPACT OF COVID-19 ON COMPOUND MANAGEMENT MARKET
3. EUROPE COMPOUND MANAGEMENT MARKET OUTLOOK - BY OFFERING
3.1. PRODUCT
3.1.1.  INSTRUMENT
3.1.1.1. AUTOMATED COMPOUND/SAMPLE STORAGE SYSTEMS
3.1.1.2. MANUAL COMPOUND/SAMPLE STORAGE SYSTEMS
3.1.1.3. AUTOMATED LIQUID HANDLING SYSTEMS
3.1.2.  SOFTWARE
3.2. SERVICES
4. EUROPE COMPOUND MANAGEMENT MARKET OUTLOOK - BY SAMPLE TYPE
4.1. CHEMICAL COMPOUNDS
4.2. BIOSAMPLES
5. EUROPE COMPOUND MANAGEMENT MARKET OUTLOOK - BY APPLICATION
5.1. DRUG DISCOVERY
5.2. GENE SYNTHESIS
5.3. BIOBANKING
6. EUROPE COMPOUND MANAGEMENT MARKET OUTLOOK - BY END-USER
6.1. PHARMACEUTICAL COMPANIES
6.2. BIOPHARMACEUTICAL COMPANIES
6.3. CONTRACT RESEARCH ORGANISATION
6.4. OTHERS
7. EUROPE COMPOUND MANAGEMENT MARKET - REGIONAL OUTLOOK
7.1. UNITED KINGDOM
7.2. GERMANY
7.3. FRANCE
7.4. SPAIN
7.5. ITALY
7.6. RUSSIA
7.7. REST OF EUROPE
8. COMPETITIVE LANDSCAPE
8.1. AXXAM SPA
8.2. BECKMAN COULTER INC
8.3. BIOASCENT
8.4. BIOSERO INC
8.5. BROOKS LIFE SCIENCES
8.6. EVOTEC
8.7. HAMILTON COMPANY
8.8. ICAGEN INC
8.9. LICONIC SYSTEMS
8.10. TCG LIFESCIENCES PVT LTD
8.11. TECAN TRADING AG
8.12. TITIAN SOFTWARE
8.13. SPT LABTECH (NAME CHANGED FROM TTP LABTECH)
8.14. WUXI APPTEC
8.15. HIGHRES BIOSOLUTIONS
9. METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE & DELIVERABLES
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY
TABLE 1. EUROPE COMPOUND MANAGEMENT MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET ATTRACTIVENESS INDEX
TABLE 3. VENDOR SCORECARD
TABLE 4. EUROPE COMPOUND MANAGEMENT MARKET, BY OFFERING, 2019-2028 (IN $ MILLION)
TABLE 5. EUROPE COMPOUND MANAGEMENT MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)
TABLE 6. EUROPE COMPOUND MANAGEMENT MARKET, BY INSTRUMENT, 2019-2028 (IN $ MILLION)
TABLE 7. EUROPE COMPOUND MANAGEMENT MARKET, BY SAMPLE TYPE, 2019-2028 (IN $ MILLION)
TABLE 8. EUROPE COMPOUND MANAGEMENT MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)
TABLE 9. EUROPE COMPOUND MANAGEMENT MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 10. EUROPE COMPOUND MANAGEMENT MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE FORCES ANALYSIS
FIGURE 2. EUROPE COMPOUND MANAGEMENT MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)
FIGURE 3. EUROPE COMPOUND MANAGEMENT MARKET, BY INSTRUMENT, 2019-2028 (IN $ MILLION)
FIGURE 4. EUROPE COMPOUND MANAGEMENT MARKET, BY AUTOMATED COMPOUND/SAMPLE STORAGE SYSTEMS, 2019-2028 (IN $ MILLION)
FIGURE 5. EUROPE COMPOUND MANAGEMENT MARKET, BY MANUAL COMPOUND/SAMPLE STORAGE SYSTEMS, 2019-2028 (IN $ MILLION)
FIGURE 6. EUROPE COMPOUND MANAGEMENT MARKET, BY AUTOMATED LIQUID HANDLING SYSTEMS, 2019-2028 (IN $ MILLION)
FIGURE 7. EUROPE COMPOUND MANAGEMENT MARKET, BY SOFTWARE, 2019-2028 (IN $ MILLION)
FIGURE 8. EUROPE COMPOUND MANAGEMENT MARKET, BY SERVICES, 2019-2028 (IN $ MILLION)
FIGURE 9. EUROPE COMPOUND MANAGEMENT MARKET, BY CHEMICAL COMPOUNDS, 2019-2028 (IN $ MILLION)
FIGURE 10. EUROPE COMPOUND MANAGEMENT MARKET, BY BIOSAMPLES, 2019-2028 (IN $ MILLION)
FIGURE 11. EUROPE COMPOUND MANAGEMENT MARKET, BY DRUG DISCOVERY, 2019-2028 (IN $ MILLION)
FIGURE 12. EUROPE COMPOUND MANAGEMENT MARKET, BY GENE SYNTHESIS, 2019-2028 (IN $ MILLION)
FIGURE 13. EUROPE COMPOUND MANAGEMENT MARKET, BY BIOBANKING, 2019-2028 (IN $ MILLION)
FIGURE 14. EUROPE COMPOUND MANAGEMENT MARKET, BY PHARMACEUTICAL COMPANIES, 2019-2028 (IN $ MILLION)
FIGURE 15. EUROPE COMPOUND MANAGEMENT MARKET, BY BIOPHARMACEUTICAL COMPANIES, 2019-2028 (IN $ MILLION)
FIGURE 16. EUROPE COMPOUND MANAGEMENT MARKET, BY CONTRACT RESEARCH ORGANISATION, 2019-2028 (IN $ MILLION)
FIGURE 17. EUROPE COMPOUND MANAGEMENT MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 18. EUROPE COMPOUND MANAGEMENT MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 19. UNITED KINGDOM COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)
FIGURE 20. GERMANY COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)
FIGURE 21. FRANCE COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)
FIGURE 22. SPAIN COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)
FIGURE 23. ITALY COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)
FIGURE 24. RUSSIA COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)
FIGURE 25. REST OF EUROPE COMPOUND MANAGEMENT MARKET 2019-2028 (IN $ MILLION)