Compound Management refers to the systematic process of managing chemical libraries, which involves the organization, storage, and retrieval of chemical compounds. This process includes updating outdated chemicals, maintaining databases that store information about the compounds, using robotics for efficient retrieval, and ensuring the quality control of the storage environment to preserve the integrity of the compounds.

Compound Management Market Overview

Compound Management Market is expected to reach a CAGR of YY% By 2031

Compound Management, also known as compound control, refers to the systematic management of chemical libraries. This includes the renewal of outdated chemicals, maintaining databases that store related information, utilizing robotics for retrieving chemicals, and ensuring quality control of the storage environment.

Request for free sample:https://www.datamintelligence.com/download-sample/compound-management-market

Compound Management Market Trends

The demand for drug discovery activities has seen a notable rise, leading to a significant expansion of the drug pipeline in recent years. This growth is driven by advancements in the pharmaceutical and biotechnology industries, along with increasing demand for outsourcing services. According to the Pharma R&D Annual Review 2022, the R&D pipeline expanded from 17,737 drugs in 2020 to 20,109 drugs in 2022. This expanding pipeline is expected to create new opportunities in the market. During the COVID-19 pandemic, many vaccines and drugs were under development. However, the review highlighted that biotechnology and anticancer drugs dominated the pipeline in 2022.

Get your customized report @https://www.datamintelligence.com/customize/compound-management-market

The Compound Management Market is segmented

By Product & Service:  Automated Compound/Sample Storage Systems, Automated Liquid Handling Systems, Others

By Sample Type:  Chemical Compounds, Bio Samples

By End-User:  Biopharmaceutical Companies, Contract Research Organizations, Pharmaceutical Companies, Biobanks, Others

By Region:  North America, Europe, South America, Asia Pacific, Middle East, and Africa

Competitive Landscape

• Biosero
• Evotec
• Hamilton Company
• HighRes Biosolutions
• TCG Lifesciences
• Tecan
• SPT Labtech
• Wuxi Apptec
• Bioascent 
• Liconic AG

Related Reports

Drug Discovery Services Market

Drug Discovery Informatics Market

Hormone Replacement Therapy (HRT) Market 

Contact Us:

Company Name: DataM Intelligence

Email: info@datamintelligence.com

Contact Person: Sai. K

Phone: +1 877 441 4866

Website: https://www.datamintelligence.com

About DataM Intelligence:

DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. At DataM Intelligence, we leverage our top trademark trends, insights, and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across