Bioanalytical Testing Services Market is Growing at a CAGR of 7.0% to Reach USD 4.57 Billion by 2026

The “Bioanalytical Testing Services Market (By Molecule Type: Large Molecule [Immunoassays, LC-MS Studies,Others], Small Molecule; By Test Type: ADME [In-Vitro, In-Vivo], PD, PK, Bioequivalence, Bioavailability, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” report has been added to Acumen Research and Consulting’s offers.

The global Bioanalytical Testing Services market size is estimated to grow at CAGR above 7% over the forecast time frame 2019-2026 and reach the market value around USD 4.57 billion by 2026.

The forecast period is projected to record a CAGR of around 7%. Compared with an in-house study, the economic efficiency of outsourcing encourages the outsourcing of these services, which should boost demand. Innovation or the development of new molecules is directly proportionate to the demand for testing services. As a result of pricing problems, competitive pressures and market lead times, companies choose to outsource bioanalytical testing services. Customized care and technological developments are becoming increasingly focused on reducing the life-cycle of molecules, resulting in the fast development of new molecules.

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In the pharmaceutical analytical testing sector the performance of market players is heavily influenced by end-user demand. As awareness increases, intense market efforts, government initiatives and accessibility improvements are becoming more concerned; consumers are now more concerned about personal care which leads to higher consumption of pharmaceutical products. The increasing consumption of bioanalytical tests is projected to drive the market during the projected period.

In Shorts

Small molecules of bioanalytical test services held a lucrative share in 2018, attributed by this category of studies of bioavailability and bioequivalence (BE) to maximum generic and branded drug compounds conducted in 2019 because of their large adoption of generic medicines.

Furthermore, in 2018 the global market for bio-analytical testing services will be further stimulated by BA and BE demand for high-reliability, complex and high-end pharmaceutical products, attributed to North America’s leading position on the market.

Increasing investment from many developed countries in combination with several changes to the standard of clinical trials assessment according to the global platform is expected to record the fastest CAGR over the forecast period.

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Some key players are PPD, ICON Plc, Covance, LabCorp, Charles River Laboratoires International, Inc., InVentiv Health, and SGS, SA; Toxikon, Inc.; Intertek Group, LLC. Collaborations, Pace Analytical Services. Expansion of the service portfolio and combinations and acquisitions are key strategic undertakings

Regional Outlook

North America was in 2018 the world market leader in bioanalysis services. This is due to the fact that it is one of the highly reliable, complex and high-end pharmaceutical companies in the manufacturing industry. The OEMs move quickly towards electronics manufacturing service providers, so that the volume of electronic components in the current pharmaceutical products increases efficiently.

One of the main reasons for the growth of the market in North America is expected to be the rapid increase in pharmaceutical manufacture to meet increasing demand for efficient healthcare. In 2013, around 15.0% of GDP has been spent on healthcare and medical care, according to a recent study. As the government increases its support to reduce healthcare costs, the regional pharmaceutical externalization market is expected to grow further.

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The most rapid growth is predicted in Asia Pacific over the forecast period as demand for outsourcing services rises in relatively unreliable markets. The delivery centers in China, Manila, and India generally support external services in this region. As a delivery location for onshore and nearshore customers from Japan, China is gaining popularity.

Major Players

The Bioanalytical Testing Services market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Valtris Specialty Chemicals, Peter Greven GmbH & Co., Dover Chemical Corporation. Faci S.p. A, NoracAdditives, KG Baerlocher, GmbH. among others.

The key players are positively affected by product differentiation and expansion. Manufacturers are focused on developing surface – enhanced products. One of the main areas where manufacturers focus on production is the addition of stearic acid based on vegetable oil.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Bioanalytical Testing Services
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Bioanalytical Testing Services Market By Molecule Type
1.2.2.1. Global Bioanalytical Testing Services Market Revenue and Growth Rate Comparison By Molecule Type (2015-2026)
1.2.2.2. Global Bioanalytical Testing Services Market Revenue Share By Molecule Type in 2017
1.2.2.3. Large Molecule
1.2.2.3.1. Immunoassays
1.2.2.3.2. LC-MS Studies
1.2.2.3.3. Others
1.2.2.4. Small Molecule
1.2.2.5. Others
1.2.3. Bioanalytical Testing Services Market By Test Type
1.2.3.1. Global Bioanalytical Testing Services Market Revenue and Growth Rate Comparison By Test Type (2015-2026)
1.2.3.2. Global Bioanalytical Testing Services Market Revenue Share By Test Type in 2017
1.2.3.3. ADME
1.2.3.3.1. In-Vitro
1.2.3.3.2. In-Vivo
1.2.3.4. PD
1.2.3.5. PK
1.2.3.6. Bioequivalence
1.2.3.7. Bioavailability
1.2.3.8. Others
1.2.4. Bioanalytical Testing Services Market by Geography
1.2.4.1. Global Bioanalytical Testing Services Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Bioanalytical Testing Services Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Bioanalytical Testing Services Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Bioanalytical Testing Services Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Bioanalytical Testing Services Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Bioanalytical Testing Services Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Bioanalytical Testing Services Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Bioanalytical Testing Services Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Bioanalytical Testing Services Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Bioanalytical Testing Services Major Manufacturers in 2017

CHAPTER 4. BIOANALYTICAL TESTING SERVICES MARKET BY TYPE

4.1. Global Bioanalytical Testing Services Revenue By Molecule Type
4.2. Large Molecule
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.2.3. Immunoassays
4.2.4. LC-MS Studies
4.2.5. Others
4.3. Small Molecule
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Others
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. BIOANALYTICAL TESTING SERVICES MARKET BY APPLICATION

5.1. Global Bioanalytical Testing Services Revenue By Test Type
5.2. ADME
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.2.3. In-Vitro
5.2.4. In-Vivo
5.3. PD
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. PK
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Bioequivalence
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.6. Bioavailability
5.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. NORTH AMERICA BIOANALYTICAL TESTING SERVICES MARKET BY COUNTRY

6.1. North America Bioanalytical Testing Services Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Bioanalytical Testing Services Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Bioanalytical Testing Services Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)

CHAPTER 7. EUROPE BIOANALYTICAL TESTING SERVICES MARKET BY COUNTRY

7.1. Europe Bioanalytical Testing Services Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Bioanalytical Testing Services Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC BIOANALYTICAL TESTING SERVICES MARKET BY COUNTRY

8.1. Asia-Pacific Bioanalytical Testing Services Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Bioanalytical Testing Services Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)

CHAPTER 9. LATIN AMERICA BIOANALYTICAL TESTING SERVICES MARKET BY COUNTRY 

9.1. Latin America Bioanalytical Testing Services Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Bioanalytical Testing Services Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)

CHAPTER 10. MIDDLE EAST BIOANALYTICAL TESTING SERVICES MARKET BY COUNTRY 

10.1. Middle East Bioanalytical Testing Services Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East Bioanalytical Testing Services Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)

CHAPTER 11. AFRICA BIOANALYTICAL TESTING SERVICES MARKET BY COUNTRY 

11.1. Africa Bioanalytical Testing Services Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Africa Bioanalytical Testing Services Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Molecule Type, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Test Type, 2015 – 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. PSC
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. SGS SA
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Toxikon, Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. The Intertech group
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Pace Analytical Services, LLC.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. PPD
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. ICON plc
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Covance Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. LabCorp
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Charles River Laboratories International, Inc.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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