The global Pharmaceutical Analytical Testing Outsourcing Market size was USD 7.5 Billion in 2022 and is expected to register a revenue CAGR of 8% during the forecast period. Increased Research and Development (RD) spending in the pharmaceutical business, rising demand for analytical testing services to ensure compliance with strict regulations, and lack of in-house analytical testing capabilities are major factors driving market revenue growth.
A number of end-use industries, including biopharmaceuticals, pharmaceuticals, and Contract Research Organizations (CROs), are experiencing high demand for pharmaceutical analytical testing outsourcing services, which is driving revenue growth of the market. Demand for outsourcing services is also being driven by technical developments in analytical testing techniques including chromatography, mass spectrometry, and spectroscopy.
It is segmented into key regions around the world based on growth rate, share, size, trends, current and emerging factors, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and key player presence across the globe. To gain a better understanding of the regional spread and progress of the Pharmaceutical Analytical Testing Outsourcing Market, the report provides a country-by-country analysis of the market.
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Market Overview:
A growing number of patients are benefiting from cell and gene therapies; previously incurable diseases are finding a cure. Pharmaceutical and healthcare sectors are changing rapidly. With the advent of artificial intelligence (AI) and machine-learning technologies, expectations are rising for more inventive, faster, and less expensive therapeutic development. A data-driven approach could be beneficial to the manufacturing, supply chain, and healthcare ecosystem at large. As a result of increased technology use and data sharing, as well as increased willingness to use prescription and treatment tools, attitudes and behaviors of consumers are changing. Over the next few years, such factors are expected to drive the growth of the pharmaceutical and healthcare markets.
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Companies considered and profiled in this market study
The pharmaceutical analytical testing outsourcing market is highly competitive, with a number of major players operating in the market. Some of the major players in the global pharmaceutical analytical testing outsourcing market are:
- Charles River Laboratories International, Inc.
- Lonza Group AG
- PPD, Inc.
- Covance Inc.
- Thermo Fisher Scientific Inc.
- WuXi AppTec
- SGS S.A.
- Pace Analytical Services, Inc.
- Intertek Group plc
- Almac Group
These major players are deploying various strategies such as mergers acquisitions, strategic agreements contracts, developing, testing, and introducing more effective products to gain a competitive advantage in the market.
Segments covered in the report
This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of market trends in each of segments and sub-segments from 2019 to 2032. For the purpose of this report, Reports and Data has segmented the global pharmaceutical analytical testing outsourcing market on the basis of services, end-use, and region:
Services Outlook
- Bioanalytical
- Clinical
- Non-clinical
- Method Development Validation
- Extractable Leachable
- Impurity Method
- Technical Consulting
- Others
- Stability Testing
- Drug Substance
- Stability Indicating Method Validation
- Accelerated Stability Testing
- Photostability Testing
- Others
End-Use Outlook
- Pharmaceutical Companies
- Biopharmaceutical Companies
- Contract Research Organizations
Regional Outlook
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
Major Points covered in this report are as below:
- In this report, market development trends and marketing channels in the Pharmaceutical Analytical Testing Outsourcing Market industry are analyzed, feasibility of new investment projects is evaluated, and overall conclusions are presented.
- This report provides key industry statistics through tables and figures, serving as an invaluable source of information and advice for companies and individuals involved in this sector.
- Additionally, this report analyzes development policies and plans, manufacturing processes, and cost structures, as well as import/export consumption figures, supply and demand figures, costs, prices, revenues, and gross margins.
- For companies and individuals interested in the Pharmaceutical Analytical Testing Outsourcing Market industry, the Pharmaceutical Analytical Testing Outsourcing Market report provides information on the current market status of the Pharmaceutical Analytical Testing Outsourcing Market manufacturers and provides valuable guidance and direction.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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