Pharmaceutical Analytical Testing Outsourcing Market | Leading Segments, Trends, Drivers and Challenges
Global pharmaceutical analytical testing outsourcing market is likely to post an incremental growth of $ 3.21 billion, accelerating at a CAGR of 8.15% during the forecast period. This research provides a detailed analysis of the market segments and a geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.
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Pharmaceutical Analytical Testing Outsourcing Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Service (bioanalytical, method development and validation, stability testing, and others) and Geography (North America, Europe, APAC, South America, and MEA).
- 46% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Pharmaceutical Analytical Testing Outsourcing Market size.
Pharmaceutical Analytical Testing Outsourcing Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Increased number of FDA approved manufacturing facilities in developing nations will be a significant factor in driving the growth of the Pharmaceutical Analytical Testing Outsourcing Market.
- Increasing demand for analytical testing services from the pharmaceutical and biotechnology sector will be instrumental in driving the market growth during the forecast period.
- Shortage of trained professionals is a hurdle that needs to be crossed on the path to success.
Pharmaceutical Analytical Testing Outsourcing Market: Vendor Analysis
- The market is fragmented.
- Boston Analytical, Charles River Laboratories International Inc., Element Materials Technology Group Ltd., Eurofins Scientific SE, Intertek Group Plc, Laboratory Corp. of America Holdings, Pace Analytical Services LLC, PPD Inc., SGS SA, and WuXi AppTec Co. Ltd. are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments that have had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areass Covered in our Report:
- Market segments
- Comparison by Product
- Filleting and skinning equipment - Market size and forecast 2020-2025
- De-heading and gutting equipment - Market size and forecast 2020-2025
- Grading equipment - Market size and forecast 2020-2025
- Scaling equipment - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Boston Analytical
- Charles River Laboratories International Inc.
- Element Materials Technology Group Ltd.
- Eurofins Scientific SE
- Intertek Group Plc
- Laboratory Corp. of America Holdings
- Pace Analytical Services LLC
- PPD Inc.
- SGS SA
- WuXi AppTec Co. Ltd.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 8.15%.
- What is the incremental growth of the market?
The market is expected to grow by $ 3.21 bn through 2022-2026.
- What is a key factor driving this market?
Increased number of FDA approved manufacturing facilities in developing nations will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
46% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are Boston Analytical, Charles River Laboratories International Inc., Element Materials Technology Group Ltd., Eurofins Scientific SE, Intertek Group Plc, Laboratory Corp. of America Holdings, Pace Analytical Services LLC, PPD Inc., SGS SA, and WuXi AppTec Co. Ltd.
- What are the market segments covered in this report?
The market is segmented by Service (bioanalytical, method development and validation, stability testing, and others) and Geography (North America, Europe, APAC, South America, and MEA)
