Biopharmaceutical Analytical Testing Services Market
Report ID: SQMIG35H2168
Biopharmaceutical Analytical Testing Services Market Size, Share, Growth Analysis, By Molecule Type (Small Molecule, Large Molecule), By Test Type (Pharmacokinetics), By Workflow (Sample Preparation,), By Application (Oncology), By End User, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35H2168 |
Region:
Global |
Published Date: April, 2024
Pages:
249
|Tables:
35
|Figures:
74
Biopharmaceutical Analytical Testing Services Market Insights
Biopharmaceutical Analytical Testing Services Market size was valued at USD 8.06 Billion in 2023 and is poised to grow from USD 8.57 Billion in 2024 to USD 14.04 Billion by 2032, growing at a CAGR of 6.36% during the forecast period (2025-2032).
The classification of proteins and other compounds is a major factor of success in biopharmaceutical development. Molecular understandings obtained by analytical methods guide the complete drug discovery and development process, from applicant monitoring studies to bioprocess optimization and drug release testing. Complex analytical technologies are important for answering questions about the structure and activity of complex biotherapeutics and related impurities. To meet the growing needs across biopharmaceutical R&D, a wide variety of analytical tools continue to develop. Analytical techniques are used to detect capable drug targets and candidates with the highest therapeutic potential.
The outbreak had a negative impact on the analytical testing services market in the region. A rise in the number of COVID cases led to the imposition of partial lockdowns in several countries, including Canada and Mexico. Although, lockdown restrictions in various countries were lifted to some extent in the second half of 2020, which allowed the movement of people and led to the continuation of laboratory work. Therefore, the reopening of life sciences services will drive the demand for biopharmaceutical analytical testing services in North America, which, in turn, will drive the regional Biopharmaceutical Analytical Testing Services Market during the forecast period.
US Biopharmaceutical Analytical Testing Services Market is poised to grow at a sustainable CAGR for the next forecast year.
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Biopharmaceutical Analytical Testing Services Market Segmental Analysis
Global Biopharmaceutical Analytical Testing Services Market is segmented by molecule type, test type, workflow, application, end user and region. Based on molecule type, the market is segmented into small molecule and large molecule. Based on test type, the market is segmented into ADME (absorption, distribution, metabolism, and excretion), pharmacokinetics (PK), pharmacodynamics (PD), bioavailability, bioequivalence and others. Based on workflow, the market is segmented into sample preparation and sample analysis. Based on application, the market is segmented into oncology, neurology, cardiology, infectious diseases and others. Based on end users, the market is segmented into pharmaceutical and biotechnology companies, contract research organizations (CROs), academic and research institutes and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Biopharmaceutical Analytical Testing Services Market Analysis by End-User
Pharma Companies & Biotechnology Companies hold the largest share of the market worldwide with a whopping number of around 60% of the total Biopharmaceutical Analytical Testing Services Market revenue coming from this sector. As the expenses of developing and commercializing drugs are getting higher, companies continuously monitor things like drug purity and efficacy to prevent leaks. Therefore, continuous observation is required to check elements such as the purity and efficacy of drugs. Analytical tests are important to define the biological effects of particles. Thus, the growing demand and importance of analytical testing are encouraging the growth of the Biopharmaceutical Analytical Testing Services Market. The CRO segment would witness the highest growth in the near future.
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Biopharmaceutical Analytical Testing Services Market Regional Insights
In 2021, North America dominated the Biopharmaceutical Analytical Testing Services Market with a market share of more than 30%. The US and Canada are the the largest revenue contributing countries in the region as stable economies and infrastructure support the launch of new biopharmaceuticals. Market growth in this region will be faster than the growth of the Biopharmaceutical Analytical Testing Services Market in the European, MEA, and South American regions. This will facilitate the biopharmaceutical analytical testing services market growth over the forecast period. The Asia Pacific and European regions will witness the highest growth in the near future.
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Biopharmaceutical Analytical Testing Services Market Dynamics
Biopharmaceutical Analytical Testing Services Market Driver
- One of the key factors for the growth of the biopharmaceutical analytical tests services market is the increase in demand for Methyl Methacrylate Acrylonitrile Butadiene Styrene. The global acrylonitrile methyl methacrylate market is growing as it is used for immunotherapy to boost immune responses for the treatment of diseases. R & D for antibodies for diseases like rheumatoid arthritis and cancers is carried out. Cancer is split at the swelling spot to provide targeted treatments.
- The growing demand for custom-made medicine is propelling the demand for monoclonal drugs. The Ethyl Methacrylate Acrylonitrile is manufactured by pharmaceutical and biotechnology companies to fulfill their demand. Thus, these are exposed to quality control tests like microbial, sterility, and dissolution tests to guarantee the quality of the drug. Biopharmaceutical analytical testing services include impurities information, characterization, and confirmation. Therefore, the rise in demand for Ethyl Methacrylate Acrylonitrile will increase the demand for biopharmaceutical analytical testing services.
Biopharmaceutical Analytical Testing Services Market Challenge
- Inappropriate testing and analysis may lead to product failures as they may not meet the regulatory demands. Companies incur losses when products fail to meet regulatory requirements and it becomes impossible to restart or review drug testing procedures.
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Biopharmaceutical Analytical Testing Services Market Competitive Landscape
The Global Biopharmaceutical Analytical Testing Services Market is highly competitive, with the existence of numerous major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve Biopharmaceutical Analytical Testing Services Market share and profitability. Some of the major players in the market are OptimoRoute Inc, Alphabet Inc, Wise Systems Inc, and Caliper Corp among others who are driving the Biopharmaceutical Analytical Testing Services Market.
Biopharmaceutical Analytical Testing Services Market Top Player’s Company Profiles
- Eurofins Scientific
- Charles River Laboratories
- WuXi AppTec
- SGS SA
- Laboratory Corporation of America Holdings (LabCorp)
- IQVIA
- Medpace
- Intertek Group
- Syneos Health
- ICON plc
- Frontage Laboratories
- PPD (Pharmaceutical Product Development)
- PAREXEL International
- Almac Group
- Celerion
- Altasciences
- BioAgilytix Labs
- Lotus Labs
- LGS Limited
- Sartorius AG
Biopharmaceutical Analytical Testing Services Market Recent Developments
- In May 2022, Verizon business and the leading UK-based health technology company Visionable planned to open a technological center to accelerate the adoption of connected health care technologies for patient monitoring and care.
- In March 2022, AMCS Group an Irish technology company made some major updates to its product SPRING 22 by adding some new and very helpful features including new cross route optimization designed to automate the unplanned and on-demand orders to the routes. This also enables customers to make online payments through google and apple pay on the go.
- In January 2021, Curia Inc offers biopharmaceutical analytical testing services that help in performing material identity testing and offers a complete testing solution, under the Curia brand.
Biopharmaceutical Analytical Testing Services Key Market Trends
- The increasing investments in the R&D of the biopharmaceutical analytical testing services market are expected to have a positive influence in the coming years. The overheads on R&D are increased by 3.21% in 2021. Developing countries rising faster than that developed economies suggest that, these are expected to have an increased number of laboratories and research facilities during the forecast period.
- With the rise in the number of testing and research facilities, particularly in the pharmaceutical sector, the demand for analytical testing services for biopharmaceutical drug development will increase.
Biopharmaceutical Analytical Testing Services Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. SQ identified the key dominating segments of the market by offerings and verticals.
According to our analysis, The global Biopharmaceutical Analytical Testing Services Market will be dominated by pharmaceutical and biotech companies. Companies constantly monitor topics like medicine purity and efficacy to prevent leakage as the costs of researching and commercializing drugs rise. With a Biopharmaceutical Analytical Testing Services Market share of more than 30% in 2021, North America dominated the Biopharmaceutical Analytical Testing Services Market. In the North American region, the United States is a significant Biopharmaceutical Analytical Testing Services Market for biopharmaceutical analytical testing services. The market in this region will grow faster than the markets in Europe, the Middle East, and South America.
To get a free trial access to our platform which is a one-stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the Biopharmaceutical Analytical Testing Services Market, and mega trends that are influencing the dynamics in the Biopharmaceutical Analytical Testing Services Market. Also, get access to a detailed SkyQuest exclusive matrix.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.90 billion |
| Market size value in 2031 | USD 10.69 billion |
| Growth Rate | 15.6% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Biopharmaceutical Analytical Testing Services Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Biopharmaceutical Analytical Testing Services Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Biopharmaceutical Analytical Testing Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Biopharmaceutical Analytical Testing Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Biopharmaceutical Analytical Testing Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Biopharmaceutical Analytical Testing Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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