DNA-encoded Library Market Supports Faster Lead Identification
The global DNA-encoded library (DEL) market was valued at USD 758.1 million in 2024 and is projected to reach USD 1.60 billion by 2030, expanding at a CAGR of 13.4% from 2025 to 2030. Market growth is primarily driven by the rising demand for advanced and efficient drug discovery technologies that can accelerate hit identification while reducing development costs and timelines. DNA-encoded library technology enables the simultaneous screening of billions of chemical compounds, significantly improving the probability of identifying viable lead candidates. Pharmaceutical and biotechnology companies are increasingly adopting DEL platforms to address the growing burden of chronic and complex diseases, including cancer, neurological disorders, and infectious diseases. Continuous advancements in molecular biology, next-generation sequencing (NGS), and automation are further strengthening the performance and scalability of DNA-encoded library platforms across research and develop...