Bioanalytical Testing Services Market Global Forecast to 2027: Growing Demand for Specialized Bioanalytical Testing Services in Developing Economies – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Bioanalytical Testing Services Market Research Report by Type, Application, End User, Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Bioanalytical Testing Services Market size was estimated at USD 3,619.00 million in 2021, USD 3,957.38 million in 2022, and is projected to grow at a Compound Annual Growth Rate of 9.52% to reach USD 6,247.65 million by 2027.

This report categorizes the Bioanalytical Testing Services to forecast the revenues and analyze the trends in each of the following sub-markets:

• Based on Type, the market was studied across Biomarker Testing, Cell-Based Assays, Method Development Optimization & Validation, Pharmacokinetic Testing, Serology, Immunogenicity, & Neutralizing Antibodies, and Virology Testing. The Cell-Based Assays is further studied across Bacterial Cell-Based Assays and Viral Cell-Based Assays. The Virology Testing is further studied across In Vitro Virology Testing, In Vivo Virology Testing, and Species-Specific Viral PCR Assays.
• Based on Application, the market was studied across Cardiology, Gastroenterology, Infectious Diseases, Neurology, and Oncology.
• Based on End User, the market was studied across Contract Development & Manufacturing Organizations, Contract Research Organizations, and Pharmaceutical & Biopharmaceutical Companies.
• Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa.

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Market Dynamics

• Drivers
  • Rising focus on the analytical testing of biologics and biosimilars
  • Growing R&D expenditure in the pharmaceutical and biopharmaceutical industry
  • Rising adoption of the quality by design approach
• Restraints
  • Pricing pressure and dearth of skilled professionals faced by major players
• Opportunities
  • Rising demand for specialized bioanalytical testing services in developing economies
  • Increasing economic efficiency offered for outsourcing rather than conducting an in-house study
  • Emergence of technological advancements and approvals of clinical trials in the bioanalytical testing services
• Challenges
  • Concerns regarding innovative formulations demanding a unique bioanalytical testing approach

The report provides insights on the following:

• Market Penetration: Provides comprehensive information on the market offered by the key players
• Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
• Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
• Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
• Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

• What is the market size and forecast of the Global Bioanalytical Testing Services Market?
• What are the inhibiting factors and impact of COVID-19 shaping the market during the forecast period?
• Which are the products/segments/applications/areas to invest in over the forecast period?
• What is the competitive strategic window for opportunities in the market?
• What are the technology trends and regulatory frameworks?
• What is the market share of the leading vendors?
• What modes and strategic moves are considered suitable for entering the market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.2. Cumulative Impact of COVID-19

5.3. Cumulative Impact of 2022 Russia Ukraine Conflict

6. Bioanalytical Testing Services Market, by Type

6.1. Introduction

6.2. Biomarker Testing

6.3. Cell-Based Assays

6.4. Method Development Optimization & Validation

6.5. Pharmacokinetic Testing

6.6. Serology, Immunogenicity, & Neutralizing Antibodies

6.7. Virology Testing

7. Bioanalytical Testing Services Market, by Application

7.1. Introduction

7.2. Cardiology

7.3. Gastroenterology

7.4. Infectious Diseases

7.5. Neurology

7.6. Oncology

8. Bioanalytical Testing Services Market, by End User

8.1. Introduction

8.2. Contract Development & Manufacturing Organizations

8.3. Contract Research Organizations

8.4. Pharmaceutical & Biopharmaceutical Companies

9. Americas Bioanalytical Testing Services Market

10. Asia-Pacific Bioanalytical Testing Services Market

11. Europe, Middle East & Africa Bioanalytical Testing Services Market

12. Competitive Landscape

13. Company Usability Profiles

• Almac Group
• Altasciences
• BioAgilytix Labs, LLC
• Celerion
• Charles River Laboratories
• Eurofins Scientific
• Frontage Laboratories, Inc.
• Icon PLC
• Intertek Group plc
• IQVIA Holdings, Inc.
• Laboratory Corporation of America
• LGC Group
• Lotus Labs Pvt. Ltd.
• Medpace Holdings, Inc.
• Parexel International
• Pharmaceutical Research Associates
• PPD Inc.
• SGS SA
• Syneos Health
• WuXi AppTec

For more information about this report visit https://www.researchandmarkets.com/r/k17s01

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900