Bioanalytical testing services market is expected to gain market growth in the forecast period of 2020 to 2027. Increasing awareness among the people regarding the benefits of bioanalytical testing services which will likely to enhance the growth of the market.
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Increasing need of the analytical testing of biosimilars and biologics, rising demand of quality by design approach, rising preferences towards outsourcing analytical testing, surging levels of investment for the growth of the pharmaceutical and biopharmaceutical industry are some of the factors which will likely to enhance the growth of the bioanalytical testing services market in the forecast period of 2020-2027. On the other hand, increasing demand of the specialised bioanalytical testing services along with rising applications from developing economies which will further create new opportunities for the growth of the bioanalytical testing services market in the above mentioned forecast period.
Lack of skilled and experienced professionals along with high cost of services are acting as market restraints for the growth of the bioanalytical testing services in the above mentioned forecast period.
Global Bioanalytical Testing Services Market Scope and Market Size
Bioanalytical testing services market is segmented on the basis of test type, molecule type, type, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on test type, bioanalytical testing services market is segmented into ADME, pharmacokinetic test, pharmacodynamic test, bioequivalence test, bioavailability test, and other test. ADME has been further segmented into in-vivo, and in-vitro.
- On the basis of molecule type, bioanalytical testing services market is segmented into small molecule, and large molecule. Large molecule has been further segmented into LC-MS studies, immunoassays, and others.
- Based on type, bioanalytical testing services market is segmented into cell-based assays; virology testing; method development optimization and validation; serology, immunogenicity, and neutralizing antibodies; biomarker testing; pharmacokinetic testing; and others. Cell-based assays have been further segmented into bacterial cell-based assays, and viral cell-based assays. Virology testing has been further segmented into in vitro virology testing, in vivo virology testing, and species-specific viral PCR assays. Serology, immunogenicity, and neutralizing antibodies have been further segmented into bacterial serology, immunogenicity, and neutralizing antibodies; and viral serology, immunogenicity, and neutralizing antibodies.
- On the basis of application, bioanalytical testing services market is segmented into oncology, neurology, infectious diseases, gastroenterology, cardiology, and other applications.
- Bioanalytical testing services market has also been segmented based on the end user into pharmaceutical and biopharmaceutical companies; contract development and manufacturing organizations; and contract research organizations.
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Bioanalytical Testing Services Market Country Level Analysis
Bioanalytical testing services market is analysed and market size insights and trends are provided by country, test type, molecule type, type, application and end user as referenced above.
The countries covered in the bioanalytical testing services market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Competitive Landscape and Bioanalytical Testing Services Market Share Analysis
Bioanalytical testing services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bioanalytical testing services market.
The major players covered in the bioanalytical testing services market report are Charles River Laboratories., Medpace, WuXi AppTec, Eurofins Scientific, IQVIA, SGS SA, Covance Inc., Intertek Group plc, Pharmaceutical Research Associates Inc., Syneos Health., ICON plc, Frontage Labs., PPD Inc., Parexel International Corporation., Almac Group, Celerion, Altasciences., BioAgilytix Labs., LGC Limited, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
