Global Pharmaceutical Analytical Testing Outsourcing Market Is Set For Moderate Growth, To Reach Around USD 9.71 billion by 2025

09-Jan-2020 | Zion Market Research

Zion Market Research has published a new report titled “Pharmaceutical Analytical Testing Outsourcing Market by Product (Raw Materials, Active Pharmaceutical Ingredients and Finished Products); by Services (Method Development & Validation, Stability Testing, Bioanalytical Testing and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025”. According to the report, global demand for pharmaceutical analytical testing outsourcing market was valued at approximately USD 5.46 billion in 2018, and is expected to generate revenue of around USD 9.71 billion by end of 2025, growing at a CAGR of around 8.6% between 2019 and 2025.

Browse the full “Pharmaceutical Analytical Testing Outsourcing Market: by Product (Raw Materials, Active Pharmaceutical Ingredients and Finished Products); by Services (Method Development & Validation, Stability Testing, Bioanalytical Testing and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2025” Report at https://www.zionmarketresearch.com/report/pharmaceutical-analytical-testing-outsourcing-market

Pharmaceutical Analytical Testing Outsourcing Market

Analytical testing is a crucial step in the pharmaceutical and biopharmaceutical quality management system. Analytical testing is important process and integral part of drug manufacturing process. Identification, purification of impurities and compounds, active pharmaceutical ingredients characterization, analytical method development and validation, stability testing etc. are some of major analytical tests used during drug manufacturing. Analytical testing outsourcing of biopharmaceutical and pharmaceutical product is widely preferred across the industry owing to various factors such as growing need to speed up the overall product development and commercialization process along with increasing number of pipeline products, need to reduce overall cost and faster regulatory approvals.

Pharmaceutical analytical testing outsourcing market is majorly driven by increasing focus on biopharmaceutical and biosimilar testing, growth in new biopharmaceutical development, and increasing adoption of outsourcing activities. Other factors such as increasing investments, growing demand for biosimilar and other new pharmaceutical therapeutics, increasing registrations for clinical trials, entry of new contract organizations has widely influenced the growth of the pharmaceutical analytical testing outsourcing market. However, regulatory audits and quality approvals may hamper the growth of this market.

The study provides a crucial view on the pharmaceutical analytical testing outsourcing by segmenting the market based on product type, solution type, end user and region. Based on product market is segmented into raw materials, active pharmaceutical ingredients and finished products. Active pharmaceutical ingredient product segment is expected to grow at highest CAGR over the forecast period. This growth is attributed to increasing demand for biosimilars, monoclonal antibodies, generic drugs etc. for treating various chronic disorders.

Based on services, global pharmaceutical analytical testing outsourcing market is bifurcated into method development & validation, bioanalytical testing, stability testing and others. bioanalytical testing segment is further sub categorized into non clinical and clinical. Stability testing segment is further split into stability indicating method validation, drug substance, photostability testing, accelerated stability testing and others. Method development & validation segment is further split into impurity method, technical consulting, extractable & leachable and others. Bioanalytical testing segment accounted for largest market share in 2018 and clinical bioanalytical testing segment is expected to grow at a highest CAGR over the forecast period. The stability testing segment is projected to witness highest growth rate over the forecast period.

At regional level, North America held largest revenue share in 2018 for the global pharmaceutical analytical testing outsourcing market. Increasing investments for biosimilars, new chemical entities (NCEs), monoclonal antibodies, and therapeutic peptides research and development, strong presence of major biopharmaceutical manufacturers, and favorable government support attribute to the leading market share in North America. Europe was second leading regional market in 2018 due to growing investments by major players, availability of ample funds for R&D, presence of developed infrastructure for R&D etc. Fastest growth is projected in Asia Pacific region over the forecast period. This fast growth is attributed to developed pharmaceutical generics market in China and India and presence of major contract research organizations. Latin America and Middle East and Africa regions will register noticeable growth over the forecast period. 

Major players included in the report are SGS SA, Intertek Group PLC, Exova Group PLC, Toxikon, Inc., Pharmaceutical Product Development, LLC, Charles River Laboratories International, Inc., Eurofins Scientific, West Pharmaceutical Services, Inc., Pace Analytical Services, LLC, and Boston Analytical, Inc.

The report segment of global pharmaceutical analytical testing outsourcing market as follows:

Global Pharmaceutical Analytical Testing Outsourcing Market: By Product Type

  • Raw Materials
  • Active Pharmaceutical Ingredients
  • Finished Products

Global Pharmaceutical Analytical Testing Outsourcing Market: By Services

  • Bioanalytical Testing
    • Clinical
    • Non Clinical
  • Method Development & Validation
    • Extractable & Leachable
    • Impurity Method
    • Technical Consulting
    • Others
  • Stability Testing
    • Drug Substance
    • Stability Indicating Method Validation
    • Accelerated Stability Testing
    • Photostability Testing
    • Others
  • Others

Global Pharmaceutical Analytical Testing Outsourcing Market: By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed