Global Pharmaceutical Analytical Testing Outsourcing Market Report 2021: Market to Surpass $10 Billion by 2027 – Bioanalytical Testing Segment to Account for $3.7 Billion – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Pharmaceutical Analytical Testing Outsourcing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Pharmaceutical Analytical Testing Outsourcing Market to Reach $10.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Pharmaceutical Analytical Testing Outsourcing estimated at US$6.4 Billion in the year 2020, is projected to reach a revised size of US$10.2 Billion by 2027, growing at a CAGR of 6.9% over the analysis period 2020-2027.

Bioanalytical Testing, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$3.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Method Development & Validation segment is readjusted to a revised 6.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 6.4% CAGR

The Pharmaceutical Analytical Testing Outsourcing market in the U.S. is estimated at US$1.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Stability Testing Segment to Record 5.8% CAGR

In the global Stability Testing segment, USA, Canada, Japan, China and Europe will drive the 5.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$485.6 Million in the year 2020 will reach a projected size of US$723.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2027.

Select Competitors (Total 40 Featured):

• Bioreliance
• Boston Analytical
• Charles River Laboratories International, Inc.
• Dalton Pharma Services
• Eurofins Scientific
• Exova
• Halo Pharma
• Intertek Group PLC
• Pace Analytical Services, LLC
• Pharmaceutical Product Development, LLC
• SGS SA
• Toxikon, Inc.
• West Pharmaceutical Services, Inc.
• WuXi AppTec, Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for Pharmaceutical Analytical Testing Outsourcing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World 7-Year Perspective for Pharmaceutical Analytical Testing Outsourcing by Geographic Region – Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
• World Current & Future Analysis for Bioanalytical Testing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Current & Future Analysis for Method Development & Validation by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Current & Future Analysis for Stability Testing by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Current & Future Analysis for Other Services by Geographic Region – USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets – Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 40

For more information about this report visit https://www.researchandmarkets.com/r/6bqi15

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