
Drug repurposing (also called drug repositioning, reprofiling or re-tasking) is a strategy for identifying new uses for approved or investigational drugs that are outside the scope of the original medical indication. This strategy offers various advantages over developing an entirely new drug for a given indication.
The global Drug Repositioning Service market was valued at US$ 26270 million in 2023 and is anticipated to reach US$ 36480 million by 2030, witnessing a CAGR of 4.7% during the forecast period 2024-2030.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
This report aims to provide a comprehensive presentation of the global market for Drug Repositioning Service, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drug Repositioning Service.
Report Scope
The Drug Repositioning Service market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Drug Repositioning Service market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drug Repositioning Service companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
Biovista
Anaxomics Biotech
Segue Therapeutics
GVK Biosciences
LTT Bio-Pharma
Segment by Type
Generic Drugs
Clinical Trial Failed Drugs
Segment by Application
Cardiovascular Diseases
Mental Illness
Cancer
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Drug Repositioning Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Drug Repositioning Service Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Generic Drugs
1.2.3 Clinical Trial Failed Drugs
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Drug Repositioning Service Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Cardiovascular Diseases
1.3.3 Mental Illness
1.3.4 Cancer
1.3.5 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Drug Repositioning Service Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Drug Repositioning Service Growth Trends by Region
2.2.1 Global Drug Repositioning Service Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Drug Repositioning Service Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Drug Repositioning Service Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Drug Repositioning Service Âé¶¹Ô´´ Dynamics
2.3.1 Drug Repositioning Service Industry Trends
2.3.2 Drug Repositioning Service Âé¶¹Ô´´ Drivers
2.3.3 Drug Repositioning Service Âé¶¹Ô´´ Challenges
2.3.4 Drug Repositioning Service Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Drug Repositioning Service Players by Revenue
3.1.1 Global Top Drug Repositioning Service Players by Revenue (2019-2024)
3.1.2 Global Drug Repositioning Service Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Drug Repositioning Service Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Drug Repositioning Service Revenue
3.4 Global Drug Repositioning Service Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Drug Repositioning Service Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Drug Repositioning Service Revenue in 2023
3.5 Drug Repositioning Service Key Players Head office and Area Served
3.6 Key Players Drug Repositioning Service Product Solution and Service
3.7 Date of Enter into Drug Repositioning Service Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Drug Repositioning Service Breakdown Data by Type
4.1 Global Drug Repositioning Service Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Drug Repositioning Service Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Drug Repositioning Service Breakdown Data by Application
5.1 Global Drug Repositioning Service Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Drug Repositioning Service Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Drug Repositioning Service Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Drug Repositioning Service Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Drug Repositioning Service Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Drug Repositioning Service Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Drug Repositioning Service Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific Drug Repositioning Service Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Drug Repositioning Service Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific Drug Repositioning Service Âé¶¹Ô´´ Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Drug Repositioning Service Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America Drug Repositioning Service Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Drug Repositioning Service Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa Drug Repositioning Service Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa Drug Repositioning Service Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Biovista
11.1.1 Biovista Company Detail
11.1.2 Biovista Business Overview
11.1.3 Biovista Drug Repositioning Service Introduction
11.1.4 Biovista Revenue in Drug Repositioning Service Business (2019-2024)
11.1.5 Biovista Recent Development
11.2 Anaxomics Biotech
11.2.1 Anaxomics Biotech Company Detail
11.2.2 Anaxomics Biotech Business Overview
11.2.3 Anaxomics Biotech Drug Repositioning Service Introduction
11.2.4 Anaxomics Biotech Revenue in Drug Repositioning Service Business (2019-2024)
11.2.5 Anaxomics Biotech Recent Development
11.3 Segue Therapeutics
11.3.1 Segue Therapeutics Company Detail
11.3.2 Segue Therapeutics Business Overview
11.3.3 Segue Therapeutics Drug Repositioning Service Introduction
11.3.4 Segue Therapeutics Revenue in Drug Repositioning Service Business (2019-2024)
11.3.5 Segue Therapeutics Recent Development
11.4 GVK Biosciences
11.4.1 GVK Biosciences Company Detail
11.4.2 GVK Biosciences Business Overview
11.4.3 GVK Biosciences Drug Repositioning Service Introduction
11.4.4 GVK Biosciences Revenue in Drug Repositioning Service Business (2019-2024)
11.4.5 GVK Biosciences Recent Development
11.5 LTT Bio-Pharma
11.5.1 LTT Bio-Pharma Company Detail
11.5.2 LTT Bio-Pharma Business Overview
11.5.3 LTT Bio-Pharma Drug Repositioning Service Introduction
11.5.4 LTT Bio-Pharma Revenue in Drug Repositioning Service Business (2019-2024)
11.5.5 LTT Bio-Pharma Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Biovista
Anaxomics Biotech
Segue Therapeutics
GVK Biosciences
LTT Bio-Pharma
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*If Applicable.
