Latest News- Analytical Standards Market: Chromatography is expected to lead the Type segment during 2025-2029

The Analytical Standards Market is being driven by Rapid growth in life science industry

The Analytical Standards Market is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 734.1 million. Companies specializing in custom synthesis have significantly enhanced their offerings by developing diverse methods for reagent synthesis, enabling them to meet highly specific client requirements. These custom synthetic products are backed by comprehensive analytical data, ensuring the highest levels of quality and reliability. To streamline operations and meet demand efficiently, these companies maintain inventories of these products, allowing for rapid fulfillment of backorders. Moreover, analytical reagent manufacturers are prioritizing scalable synthesis processes, facilitating seamless transitions from lab-scale to industrial-scale production. This focus extends to the transportation of custom synthetic materials to large-scale and GMP-certified manufacturing facilities, ensuring regulatory compliance and consistency. Restek Corp, for instance, is a leading player in this market, offering specialized synthesis of high-purity chemicals used as reference standards. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Chromatography
  • Spectroscopy
  • Titrimetry
  • Physical properties testing
• Application
  • Food and beverages
  • Pharmaceuticals and life sciences
  • Environmental
  • Others
• Methodology
  • Bioanalytical testing
  • Raw material testing
  • Stability testing
  • Dissolution testing
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rapid growth in life science industry
• Increased public interest in optimal food safety and quality
• High demand for analytical standards in research institutes

However, the market also witnesses some limitations, which are as follows:

• Limited shelf life of analytical standards
• Regulatory changes for drugs and food products
• High cost of custom analytical standards

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Market Scope in Analytical Standards Market Research Report

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Research Analysis Overview

The Analytical Standards Market encompasses a range of products and services ensuring GLP compliance and ISO accreditation. Key offerings include uncertainty estimation, precision testing, bias assessment, linearity evaluation, range determination, ruggedness testing, robustness studies, specificity assessment, recovery studies, matrix effects, and interference studies. Additionally, services cover instrument maintenance, calibration curves, control charts, data logging, audit trails, documentation control, method transfer, quality metrics, deviation management, corrective actions, preventive actions, and continuous improvement.

Market Research Overview

The Analytical Standards Market is a significant segment of the larger Life Science Tools and Services industry. This market encompasses companies specializing in method validation, quality control, reference materials, and calibration procedures. These offerings are integral to ensuring accuracy and reliability in scientific research and diagnostic testing. The global expansion of this market is influenced by several factors, including the increasing global population aging, leading to a higher demand for healthcare services and advanced diagnostic tools. Additionally, the growing emphasis on regulatory compliance and the need for standardized testing procedures further bolsters market growth. The Life Science Tools and Services market, which includes manufacturers of equipment, supplies, pharmaceuticals, biotechnology, and related services, is projected to experience substantial growth due to these factors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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