The Impact of COVID-19 is included in Bioanalytical Testing Services Market Report. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
Bioanalytical Testing Services Trends and Forecast
The future of the global bioanalytical testing services market looks promising with opportunities in the oncology, neurology, infectious diseases, gastroenterology, and cardiology markets. The global bioanalytical testing services market is expected to reach an estimated $9.4 billion by 2030 with a CAGR of 15.2% from 2024 to 2030. The major drivers for this market are increasing emphasis towards the development of advanced bioanalytical technologies for enhanced testing and growing trend of outsourcing laboratory testing services.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bioanalytical Testing Services by Segment
The study includes a forecast for the global bioanalytical testing services by type, application, end use, and region.
Bioanalytical Testing Services Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Cell-Based Assays
• Bacterial Cell-Based Assays
• Viral Cell-Based Assays
• Virology Testing
• In Vitro Virology Testing
• In Vivo Virology Testing
• Species-Specific Viral PCR Assays
• Method Development, Optimization, And Validation
• Others
Bioanalytical Testing Services Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Oncology
• Neurology
• Infectious Diseases
• Gastroenterology
• Cardiology
Bioanalytical Testing Services Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Pharmaceutical And Biopharmaceutical Companies
• Contract Development And Manufacturing Organizations
• Contract Research Organizations
Bioanalytical Testing Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Bioanalytical Testing Services Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bioanalytical testing services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bioanalytical testing services companies profiled in this report include-
• Charles River
• Medpace
• WuXi AppTec
• Eurofins Scientific
• IQVIA
• SGS SA
• Laboratory Corporation
• Intertek
• Syneos Health
• ICON
Bioanalytical Testing Services Market Insights
Lucintel forecasts that cell-based assays will remain the largest segment over the forecast period due to high occurence of chronic diseases and the increasing number of clinical trials.
Within this market, oncology will remain the largest segment due to growing number of clinical trials conducted for cancer.
APAC is expected to witness highest growth over the forecast period due to growing emphasis on developing new drugs for the treatment of various diseases.
Features of the Global Bioanalytical Testing Services Market
Market Size Estimates: Bioanalytical testing services market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bioanalytical testing services market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Bioanalytical testing services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the bioanalytical testing services market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bioanalytical testing services market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the bioanalytical testing services market size?
Answer: The global bioanalytical testing services market is expected to reach an estimated $9.4 billion by 2030.
Q2. What is the growth forecast for bioanalytical testing services market?
Answer: The global bioanalytical testing services market is expected to grow with a CAGR of 15.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bioanalytical testing services market?
Answer: The major drivers for this market are increasing emphasis towards the development of advanced bioanalytical technologies for enhanced testing and growing trend of outsourcing laboratory testing services.
Q4. What are the major segments for bioanalytical testing services market?
Answer: The future of the bioanalytical testing services market looks promising with opportunities in the oncology, neurology, infectious diseases, gastroenterology, and cardiology markets.
Q5. Who are the key bioanalytical testing services market companies?
Answer: Some of the key bioanalytical testing services companies are as follows:
• Charles River
• Medpace
• WuXi AppTec
• Eurofins Scientific
• IQVIA
• SGS SA
• Laboratory Corporation
• Intertek
• Syneos Health
• ICON
Q6. Which bioanalytical testing services market segment will be the largest in future?
Answer: Lucintel forecasts that cell-based assays will remain the largest segment over the forecast period due to high occurence of chronic diseases and the increasing number of clinical trials.
Q7. In bioanalytical testing services market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing emphasis on developing new drugs for the treatment of various diseases.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bioanalytical testing services market by type (cell-based assays, bacterial cell-based assays, viral cell-based assays, virology testing, in vitro virology testing, in vivo virology testing, species-specific viral PCR assays, method development, optimization, and validation, and others), application (oncology, neurology, infectious diseases, gastroenterology, and cardiology), end use (pharmaceutical and biopharmaceutical companies, contract development and manufacturing organizations, and contract research organizations), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Bioanalytical Testing Services Market, Bioanalytical Testing Services Market Size, Bioanalytical Testing Services Market Growth, Bioanalytical Testing Services Market Analysis, Bioanalytical Testing Services Market Report, Bioanalytical Testing Services Market Share, Bioanalytical Testing Services Market Trends, Bioanalytical Testing Services Market Forecast, Bioanalytical Testing Services Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Bioanalytical Testing Services Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Bioanalytical Testing Services Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Bioanalytical Testing Services Market by Type
3.3.1: Cell-Based Assays
3.3.2: Bacterial Cell-Based Assays
3.3.3: Viral Cell-Based Assays
3.3.4: Virology Testing
3.3.5: In Vitro Virology Testing
3.3.6: In Vivo Virology Testing
3.3.7: Species-Specific Viral PCR Assays
3.3.8: Method Development, Optimization, and Validation
3.3.9: Others
3.4: Global Bioanalytical Testing Services Market by Application
3.4.1: Oncology
3.4.2: Neurology
3.4.3: Infectious Diseases
3.4.4: Gastroenterology
3.4.5: Cardiology
3.5: Global Bioanalytical Testing Services Market by End Use
3.5.1: Pharmaceutical and Biopharmaceutical Companies
3.5.2: Contract Development and Manufacturing Organizations
3.5.3: Contract Research Organizations
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Bioanalytical Testing Services Market by Region
4.2: North American Bioanalytical Testing Services Market
4.2.1: North American Bioanalytical Testing Services Market by Application: Oncology, Neurology, Infectious Diseases, Gastroenterology, and Cardiology
4.2.2: North American Bioanalytical Testing Services Market by End Use: Pharmaceutical and Biopharmaceutical Companies, Contract Development and Manufacturing Organizations, and Contract Research Organizations
4.3: European Bioanalytical Testing Services Market
4.3.1: European Bioanalytical Testing Services Market by Application: Oncology, Neurology, Infectious Diseases, Gastroenterology, and Cardiology
4.3.2: European Bioanalytical Testing Services Market by End Use: Pharmaceutical and Biopharmaceutical Companies, Contract Development and Manufacturing Organizations, and Contract Research Organizations
4.4: APAC Bioanalytical Testing Services Market
4.4.1: APAC Bioanalytical Testing Services Market by Application: Oncology, Neurology, Infectious Diseases, Gastroenterology, and Cardiology
4.4.2: APAC Bioanalytical Testing Services Market by End Use: Pharmaceutical and Biopharmaceutical Companies, Contract Development and Manufacturing Organizations, and Contract Research Organizations
4.5: ROW Bioanalytical Testing Services Market
4.5.1: ROW Bioanalytical Testing Services Market by Application: Oncology, Neurology, Infectious Diseases, Gastroenterology, and Cardiology
4.5.2: ROW Bioanalytical Testing Services Market by End Use: Pharmaceutical and Biopharmaceutical Companies, Contract Development and Manufacturing Organizations, and Contract Research Organizations
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Bioanalytical Testing Services Market by Type
6.1.2: Growth Opportunities for the Global Bioanalytical Testing Services Market by Application
6.1.3: Growth Opportunities for the Global Bioanalytical Testing Services Market by End Use
6.1.4: Growth Opportunities for the Global Bioanalytical Testing Services Market by Region
6.2: Emerging Trends in the Global Bioanalytical Testing Services Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Bioanalytical Testing Services Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Bioanalytical Testing Services Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Charles River
7.2: Medpace
7.3: WuXi AppTec
7.4: Eurofins Scientific
7.5: IQVIA
7.6: SGS SA
7.7: Laboratory Corporation
7.8: Intertek
7.9: Syneos Health
7.10: ICON
.
Buy full report or by chapter as follows
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
Please sign in below to get report brochure - Bioanalytical Testing Services Market Report.