Agilent Technologies IncMarket growth driven by rising pharma R&D and adoption of automated drug discovery platforms benefits Agilent as a key player.
The global high-throughput screening market is projected to grow from USD 27.66 billion in 2026 to USD 45.90 billion by 2031, at a compound annual growth rate of 10.7 percent, according to a new report from MarketsandMarkets. Growth is driven by rising pharmaceutical and biotechnology R&D investments, increasing adoption of automated drug discovery platforms, and technological advances in areas such as cell-based screening and artificial intelligence-enabled analytics. The products segment accounted for the largest share of the market in 2025, with reagents, kits and consumables being the largest product type due to their recurring use across screening workflows. Asia Pacific is expected to register the highest growth rate during the forecast period, supported by expanding research activities and growing contract research organization presence in countries including China, India, Japan, and South Korea. Key players in the market include Thermo Fisher Scientific, Agilent Technologies, Merck KGaA, Danaher Corporation, and Revvity, with the top participants collectively holding approximately 38 percent of the global market.
Agilent Technologies IncMarket growth driven by rising pharma R&D and adoption of automated drug discovery platforms benefits Agilent as a key player.
Danaher CorporationMarket growth driven by rising pharma R&D and adoption of automated drug discovery platforms benefits Danaher as a key player.
Revvity Inc.Market growth driven by rising pharma R&D and adoption of automated drug discovery platforms benefits Revvity as a key player.
Thermo Fisher Scientific IncMarket growth driven by rising pharma R&D and adoption of automated drug discovery platforms benefits Thermo Fisher as a key player.
Merck KGaAMarket growth driven by rising pharma R&D and adoption of automated drug discovery platforms benefits Merck KGaA as a key player.