Drug Repurposing Service Providers Market is projected to be worth USD 1.2 billion by the time lapse of 2021-28.
Drug Repurposing or Repositioning (DR) is a strategy in drug development that aims at identifying new therapeutic opportunities for existing drugs. Repurposing has proven to be an effective and efficient strategy for Pharma and Biotech companies looking to augment their portfolio of approved, as well as investigational drugs.
DR significantly reduces the time and costs required to bring a drug to the market, especially when compared to the high investment and risk-prone nature of traditional de novo drug discovery.
Excelra works at the cutting-edge of in silico drug repurposing; applying Computational Biology, Computational Chemistry, Machine Learning (ML) and Deep Learning-based Solutions, driven through our proprietary Global Repurposing Integrated Platform (GRIP).
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The major players profiled in this report include:
- Auxillis Pharma
- ChemBio Discovery Solutions
- GVK Bio
- Iris Pharma
- Lantern Pharma
- Smart Pharma
- SOM Biotech
Global report caters to various stakeholders in Drug Repurposing Service Providers Market industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts. Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics. Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Drug Repurposing Service Providers market.
Drug Repurposing Service Providers Market report offers comprehensive data and information about important market dynamics and growth parameters associated with segmentations.
Type of Repurposing Approaches
- Disease-centric approach
- Target-centric approach
- Drug-centric approach
- Therapeutic Area
- Same Therapeutic Area
- Different Therapeutic Area
Type of Drug Molecule
- Small Molecule
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Drug Repurposing Service Providers market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Drug Repurposing Service Providers market in terms of revenue.
The report offers an exhaustive geographical analysis of the global Drug Repurposing Service Providers market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
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The emergence of the COVID-19 outbreak has brought an unprecedented impact on the global market scenarios across several business sectors of the global industries. However, this time shall pass soon. Increasing support from government administration, favorable initiatives from government, research institutes, clinics, and healthcare systems and several organizations can help in the fight against this COVID-19 pandemic.
Key Questions Answered By the Drug Repurposing Service Providers Market Report:
- What was the market size in the given forecast period?
- What will be market growth till 2028 and what will be the resultant market forecast in the year?
- How will the market drivers, restraints and future opportunities affect the market dynamics and a subsequent analysis of the associated trends?
- What segment or region will drive or lead market growth and why?
- A comprehensive mapping of the competitive landscape and the market participant’s behavior.
- What are the key sustainability strategies adopted by market players? An In-depth analysis of these strategies and their impact on competition and growth
- The report provides a qualitative and quantitative analysis of the current Market trends, forecasts, and market size from 2021 to 2028 to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the market.
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