Drug discovery technologies play a significant role in the field of pharmaceuticals as they heavily contribute to the introduction of drugs to the market. The application of drug discovery technologies have a significant opportunity in the launch of drugs for severe diseases such as cancer, cardiovascular diseases, Parkinson’s disease, central nervous system disorders and others.

1. Drug Discovery Technologies Market - Global
Industry Analysis, Share, Size, Growth,
Trends and Forecast Upto 2018
Transparency Market Research Reports incorporated a definite business
overview and investigation inclines on "Drug Discovery Technologies
Market". This report likewise incorporates more illumination about
fundamental review of the business including definitions, requisitions
and worldwide business sector industry structure.
Drug discovery technologies play a significant role in the field of
pharmaceuticals as they heavily contribute to the introduction of drugs
to the market.
The application of drug discovery technologies have a significant
opportunity in the launch of drugs for severe diseases such as cancer,
cardiovascular diseases, Parkinson’s disease, central nervous system
disorders and others. However, the slow growth in the introduction of
blockbuster drugs could pose a major threat for the growth of this
market.
The major technologies in the drug discovery market are proteomics,
genomics, QPCR, DNA and protein microarrays, high-throughput
screening, mass spectrometry, laboratory information management
systems, microfluidics, gel electrophoresis, chromatography, and protein
and nucleic acid isolation.
As the global population ages, there is a growing pressure to keep the
healthcare costs under control. Senior citizens are more prone to chronic
diseases. It is in the nation’s best interests to keep its population healthy.

2. In addition to this the pressure is paired with the governmDrug
Discovery Technologies Marketent’s and administration’s responsibility
to pay for healthcare. This situation will magnify in intensity if nothing
is done to improve the status of treatment and prevention of diseases
among the aging population.
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Apart from facing these pressures, the pharmaceutical manufacturers
also face an impending surge of expiring patents. This will result in
reduced profits of pharma companies. The market players in this field
have begun to respond to these factors by restructuring their strategies
and bringing innovation in their products thus, improving their
productivity and efficiency.
Despite these measures, pharmaceutical companies face the fact that
drug discovery and development consumes a huge amount of time and
money. For instance, drug discovery and development from scratch may
take around 15 years and costs about USD 500 million until it is
introduced in the market.
Drug discovery plays a significant role in the drug development cycle.
This is the reason why pharma companies focus more on improvement
in the early stages of drug development.
It is expected that in the next few years, pharma companies will
introduce breakthrough chemical entities and related technologies in the
drugs market. Simultaneously, it is also expected that the latest
technologies will gain foot-hold in the drug discovery market.

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