UK Compound Management Market Size & Outlook, 2023-2030
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UK compound management market highlights
- The UK compound management market generated a revenue of USD 28.8 million in 2022 and is expected to reach USD 89.5 million by 2030.
- The UK market is expected to grow at a CAGR of 15.4% from 2023 to 2030.
- In terms of segment, product was the largest revenue generating type in 2022.
- Service is the most lucrative type segment registering the fastest growth during the forecast period.
Compound management market data book summary
| Market revenue in 2022 | USD 28.8 million |
| Market revenue in 2030 | USD 89.5 million |
| Growth rate | 15.4% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Service |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Service, Product |
| Key market players worldwide | Azenta Inc, Tecan Group AG, Hamilton Lane Inc Class A, Evotec SE, LiCONiC, SPT Labtech, BioAscent, Beckman Coulter, Axxam |
Other key industry trends
- In terms of revenue, UK accounted for 6.2% of the global compound management market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany compound management market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 60.1 million by 2030.
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Compound Management Market Scope
Compound Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Axxam | View profile | 51-100 | Milan, Lombardia, Italy, Europe | http://www.axxam.com/ |
| Beckman Coulter | View profile | 10001+ | Brea, California, United States, North America | http://www.beckmancoulter.com |
| BioAscent | View profile | 51-100 | Newhouse, North Lanarkshire, United Kingdom, Europe | http://www.bioascent.com/ |
| SPT Labtech | View profile | 101-250 | Melbourn, Cambridgeshire, United Kingdom, Europe | https://www.sptlabtech.com/ |
| LiCONiC | View profile | 101-250 | Mauren, Mauren, Liechtenstein, Europe | https://liconic.com |
| Evotec SE | View profile | 5055 | Essener Bogen 7, Manfred Eigen Campus, Hamburg, Germany, 22419 | https://www.evotec.com |
| Tecan Group AG | View profile | 3591 | Seestrasse 103, Mannedorf, Switzerland, 8708 | https://www.tecan.com |
| Azenta Inc | View profile | 3400 | 200 Summit Drive, 6th Floor, Burlington, MA, United States, 01803 | https://www.azenta.com |
| Hamilton Lane Inc Class A | View profile | 600 | 110 Washington Street, Suite 1300, Conshohocken, PA, United States, 19428 | https://www.hamiltonlane.com |
UK compound management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compound management market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 70.14% in 2022. Horizon Databook has segmented the UK compound management market based on service, product covering the revenue growth of each sub-segment from 2018 to 2030.
The compound management market in UK is highly competitive, with several players operating players in the market. Some of the key players in the market include Hamilton Company, Titian Software Limited, BioAscent, and Tecan Group.
These organizations provide a variety of services and products to their customers, including software that facilitate compound library administration and enable effective compound monitoring & tracking. The demand for effective and affordable compound management services is anticipated to fuel market expansion in the next years.
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Our clientele includes a mix of compound management market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK compound management market , including forecasts for subscribers. This country databook contains high-level insights into UK compound management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK compound management market size, by type, 2018-2030 (US$M)
UK Compound Management Market Outlook Share, 2022 & 2030 (US$M)
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