Pharmaceutical Testing and Analytical Services Market, Global Outlook and Forecast 2023-2030
Pharmaceutical analysis serves a variety of purposes. It is often used to identify the chemical composition and molecular structure of each individual substance contained in a medication. This knowledge provides insight into a drug's performance and safety considerations. Pharmaceutical testing can reveal a pharmaceutical's solubility and can predict the medication's ability to reach a specific target within the body. Testing may even reveal contamination in the manufacturing production process or highlight Others, previously unknown risks with the formulation.
This report aims to provide a comprehensive presentation of the global market for Pharmaceutical Testing and Analytical Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pharmaceutical Testing and Analytical Services. This report contains market size and forecasts of Pharmaceutical Testing and Analytical Services in global, including the following market information:
Global Pharmaceutical Testing and Analytical Services Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Pharmaceutical Testing and Analytical Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global market for pharmaceutical analytical testing services is driven by the growing need for the development and cost reduction of core competencies by pharmaceutical companies and the rising acceptance of outsourcing as a key business and growth strategy. Research studies have exhibited that in the year 2012, pharmaceutical and biotechnological companies spend an estimated US$190 mn on in-house analytical development as against the US$664 mn spent on outsourcing analytical testing services. This is likely to strengthen the growth of the market in the coming years.
We surveyed the Pharmaceutical Testing and Analytical Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pharmaceutical Testing and Analytical Services Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Pharmaceutical Testing and Analytical Services Market Segment Percentages, by Type, 2022 (%)
Raw Materials Testing
In-Process and Product Release Testing
Finished Pharmaceutical Products Testing
Environmental Samples
Others
Global Pharmaceutical Testing and Analytical Services Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Pharmaceutical Testing and Analytical Services Market Segment Percentages, by Application, 2022 (%)
Clinics
Hospitals
Others
Global Pharmaceutical Testing and Analytical Services Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Pharmaceutical Testing and Analytical Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Pharmaceutical Testing and Analytical Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Pharmaceutical Testing and Analytical Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Eurofins Scientific SE
SGS
Envigo
Exova Group PLC
PPD Inc.
Pace Analytical Services Inc.
Intertek Group
DYNALABS
RD Laboratories
EAG Inc.
ADPEN Laboratories
West Pharmaceutical Services
Polymer Solutions
Boston Analytical
Accuratus Labs
Microbac
ARLBioPharma
Lapuck Laboratories
BioScreen Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Pharmaceutical Testing and Analytical Services, market overview.
Chapter 2: Global Pharmaceutical Testing and Analytical Services market size in revenue.
Chapter 3: Detailed analysis of Pharmaceutical Testing and Analytical Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Pharmaceutical Testing and Analytical Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
