Pharmaceutical Analytical Testing Outsourcing Market (By Service - Bioanalytical Testing, Method Development & Validation, Stability Testing, Other Testing Services. By End-Use - Pharmaceutical Companies, Biopharmaceutical Companies, Contract Research Organizations. By Geography – North America, Latin America, Europe, Asia Pacific, Middle East and Africa.) - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.
Report Type : Syndicate Report
The Pharmaceutical Analytical Testing Outsourcing Market was valued at $6.4 Billion in 2020. Growing at a high CAGR of more than 12.4% between 2021 and 2031, it is estimated to reach $23.1 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Various kinds of innovation in the healthcare industry increased end-users, increased focus on safety, quality, and regulations are the main factors that will help to accelerate the growth of the market during the forecasted period.
Pharmaceutical Analytical Testing Outsourcing Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Pharmaceutical Analytical Testing Outsourcing Market has been segmented into service and end-use. On the basis of service Pharmaceutical Analytical Testing Outsourcing Market has been segmented into - Bioanalytical Testing (Clinical, Non-clinical), Method Development & Validation (Extractable & Leachable, Impurity Method, Technical Consulting, Others), Stability Testing (Drug Substance, Stability Indicating Method Validation, Accelerated Stability Testing, Photostability Testing, Others), Other Testing Services. On the basis of end-use, it has been segmented into Pharmaceutical Companies, Biopharmaceutical Companies, and Contract Research Organizations.
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Major Players in Pharmaceutical Analytical Testing Outsourcing Market
Some of the major players in the Pharmaceutical Analytical Testing Outsourcing Market include West Pharmaceutical Services, Inc., SGS SA, Eurofins Scientific, Pace Analytical Services LLC, Intertek Group Plc, PPD, LLC, Wuxi AppTec, Inc., Boston Analytical, Charles River Laboratories International, Inc.
Scope of the Report:
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Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 6.4 Billion |
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Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
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Forecast Period 2021 to 2031 CAGR: |
12.4% |
2031 Value Projection: |
US$ 23.1 Billion |
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Segments covered: |
By Service - Bioanalytical Testing, Method Development & Validation, Stability Testing, Other Testing Services. By End-Use - Pharmaceutical Companies, Biopharmaceutical Companies, Contract Research Organizations. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
West Pharmaceutical Services, Inc., SGS SA, Eurofins Scientific, Pace Analytical Services LLC, Intertek Group Plc, PPD, LLC, Wuxi AppTec, Inc., Boston Analytical, Charles River Laboratories International, Inc. |
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The Global Pharmaceutical Analytical Testing Outsourcing Market Has Been Segmented Into:
Pharmaceutical Analytical Testing Outsourcing Market, By Services
- Bioanalytical Testing
- 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
- Other Testing Services
Pharmaceutical Analytical Testing Outsourcing Market, By End-Use
- Pharmaceutical Companies
- Biopharmaceutical Companies
- Contract Research Organizations
Pharmaceutical Analytical Testing Outsourcing Market, By Region
- North America
- USA
- Canada
- Mexico
- Rest of North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America, Middle East & Africa
- Brazil
- South Africa
- UAE
- Rest of LAMEA
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