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The global hERG screening market is witnessing significant growth due to the increasing number of clinical trials to launch advanced drugs. hERG (human ether-a-go-go related gene) screening is a laboratory technique that focuses on the activity of the hERG channel protein. The practice is performed to assess the pharmacology endpoints of the drug prior to its marketing approval.
Increasing Prevalence of Acute and Chronic Disorders Support the Rising Number of Research & Development Activities
There is an increasing prevalence of acute and chronic conditions, including cardiovascular disorders, orthopedic disorders, among others, resulting in the rising number of research and development activities among key players.
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According to clinicaltrials.gov, the number of clinical trials increased from 2,119 in 2000 to 505,210 in 2024 globally.
High Costs Associated with hERG Screening Products May Hinder Market Growth
There is a huge demand for advanced hERG screening products among key players. However, the high cost associated with products, such as vials, instruments, among others, is likely to hamper the adoption rate of these products in the market.
Advent of Technological Advancements to Propel Industry Expansion
The advent of technological advancements in hERG screening techniques is presenting a potential opportunity in the market. Rising awareness about advanced techniques such as automated patch clamps has revolutionized ion channel screening, enabling accurate and efficient throughput within research studies. The growing demand is driving the focus of key players toward the launch of advanced products in the market.
By Type | By Technique | By Application | By End User | By Geography |
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The report covers the following key insights:
By type, the market is categorized into products and services.
The services segment held a prominent market share in 2023. The rising demand for hERG screening among pharmaceutical and biotechnological companies, among others, results in the growing number of key players offering hERG screening services.
Based on technique, the market is segmented into manual/automated patch clamp, fluorescence polarization, and others.
The manual/ automated patch clamp segment held a significant market share. The growth is due to the rising focus of key players toward clinical studies to improvise the technique resulting in the rising adoption rate for this technique among contract research organizations and others.
Based on application, the market is categorized into drug discovery, preclinical testing and others.
The drug discovery segment held a substantial market share in 2023. The segment growth is due to a rising number of key players focusing on acquisitions and collaborations, driving the rising number of studies to identify the potential candidate resulting in the growing demand for hERG screening services.
Based on end user, the market is categorized into pharmaceutical & biotechnological companies, contract research organizations, and others.
The pharmaceutical and biotechnological companies segment held the largest market share in 2023. The growth is due to the soaring focus of pharmaceutical and biotechnological companies toward strategic initiatives such as clinical studies, recognition awards, among others, resulting in the rising awareness of advanced hERG screening products in the market.
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Based on region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for the largest share of the global hERG screening market in 2023. The regional growth is attributed to distinct factors, including the growing prevalence of acute and chronic conditions, developed healthcare infrastructure, and the growing number of research and development activities, among others.
Europe is the second-largest market based on the demand for hERG Screening. The rising focus of clinical studies on potential candidates is contributing to the rising service demand, contributing to the regional growth.
Moreover, rising geriatric population in the Asia Pacific countries such as China, Japan, among others is likely to contribute to the rising prevalence, further supporting the growing number of research and development activities among key players. The rising R&D activities are further augmenting the demand for novel hERG screening products in the region.
The global hERG screening market is fragmented with the presence of a large number of prominent players in the market.
The report includes the profiles of the following key players:
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