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Bioanalytical Testing Services Market is Expected to Grow at a CAGR of 12.1% during the forecast period of 2023-2030 : Cognitive Market Research
Bioanalytical Testing Services Market is Expected to Grow at a CAGR of 12.1% during forecast of 2023-30: Cognitive Market Research
- Bioanalytical testing services refer to services that provide advanced quantifications of analytes. Bioanalytical testing services support to detect the properties of pharmaceuticals and metabolites in biological fluids such as serum, urine, blood, plasma or tissue extracts.
Summary:
• As per our study, The global bioanalytical testing services market is estimated to be valued at USD 3,203.5 million in 2022 and is expected to exhibit a CAGR of 12.1% during the forecast period 2023-30.
• North America dominates the global bio analytical testing services market and accounted for the largest revenue share.
• The small molecules segment dominates the global bio analytical testing services market with highest revenue share.
"To know more The Bioanalytical Testing Services Market statistics click here: https://www.cognitivemarketresearch.com/bioanalytical-testing-services-market-report
Market Dynamics:
- The increasing adoption of bioanalytical testing for gene and cell therapeutic products is anticipated to drive the growth of global bio analytical testing services market. In addition, the rising government initiative to control infectious disease epidemics is the factor which drives the demand for the target market. Furthermore, the growing demand for pharmaceutical products across the globe provide the opportunity for the growth of the market. However, high cost associated with the bio analytical testing may hamper the growth of the target market.
Market Segmentation:
• By molecule type, the small molecules segment dominates the global market with highest revenue share. This is attributed to the rising inorganic activities such as strategic growth investment among major market players.
• Bioavailability and bioequivalence segment is expected to dominate the market during the forecast period due to the increase increasing chronic diseases, such as cancer, diabetes, heart disease, and others, globally.
The Major Players in Bioanalytical Testing Services Market are:
ICON, Covance, PPD, InVentiv Health, SGS SA, LabCorp, Toxikon, Intertek group, Pace Analytical Services, Charles River Laboratories International Inc.
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Regional Analysis:
- North America dominates the global bio analytical testing services market and accounted for the largest revenue share. This is attributed to an increase in the number of pharmaceutical companies in countries in the region such as the U.S. and Canada. On the other hand, Asia Pacific is anticipated to register the second-largest growth rate, due to advancement in technologies in the bioanalytical services.
News:
- February 2022,
SGS Société Générale de Surveillance SA announced opening of new bioanalytical laboratory in Shanghai, China.
SGS Société Générale de Surveillance SA announced opening of new bioanalytical laboratory in Shanghai, China. In this announcement a 600 m2 bioanalytical laboratory was equipped with leading equipment and instrumentation including a WinNonlin software and Watson LIMS system.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Bioanalytical Testing Services Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
• 3.1 Global Bioanalytical Testing Services Market Size 2018 - 2030, (USD Million)
• 3.2 Global Bioanalytical Testing Services Market: Snapshot
Chapter 4 Global Bioanalytical Testing Services Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Bioanalytical Testing Services Market by Molecule Type Segmentation Analysis (2018-2030)
Chapter 9 Global Bioanalytical Testing Services Market by Test Type Segmentation Analysis (2018-2030)
Chapter 10 Global Bioanalytical Testing Services Market Regional Analysis
Chapter 11 North America Bioanalytical Testing Services Market Outlook (2018 - 2030)
Chapter 12 Europe Bioanalytical Testing Services Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Bioanalytical Testing Services Market Outlook (2018 - 2030)
Chapter 14 Latin America Bioanalytical Testing Services Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Bioanalytical Testing Services Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Bioanalytical Testing Services Market TOC click here: https://www.cognitivemarketresearch.com/bioanalytical-testing-services-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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