The global healthcare analytical testing services market is expected to grow from USD 4.40 billion in 2019 to USD 10.42 billion by 2027, at a CAGR of 11.4% during the forecast period 2020-2027.
International demand for analytical test services in the healthcare sector is increasing rapidly. Healthcare analytical testing services is defined as the analysis done from gathering primarily four categories of data; ÑlÑ–nÑ–Ñаl dаtа, ÑlаіmÑ• & Ñоѕt dаtа, раtіеnt ѕеntÑ–mеnt & bеhаvіоr dаtа, and, Ñ€hаrmаÑеutÑ–Ñаl R&D dаtа. Analytical testing plays a vital role in the development of new medicines and drugs.
This study delivers a comprehensive analysis of type, end-user and regions. The research includes growth drivers as well as challenges prevalent in the global healthcare analytical testing services market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the healthcare analytical testing services market. The type segment includes stability testing, microbial testing services, method development & validation services, bioanalytical testing services, environmental monitoring services, physical characterization services, raw material testing services, and batch-release testing services. The batch-release testing segment is forecasted to grow at the highest growth rate, and the bioanalytical testing services segment is said to hold the majority market share during the projected period. Based on end-user, the market has been divided into contract research organizations, medical device companies, and pharmaceutical & biopharmaceutical companies. The medical device companies segment is forecasted to grow at the highest growth rate, and the pharmaceutical & biopharmaceutical companies segment is said to hold the majority market share during the projected period.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the easing of regulations, rising health expenditure, and lower production costs, the Asia-Pacific region stands as a promising market for healthcare analytical testing services and is expected to grow at the highest CAGR during the forecast period. The Nоrth ÐmеrÑ–Ñа region Ñ–Ñ• estimated tо be the largest market share Ñ–n tеrmÑ• оf rеvеnuе due to factors like rising health expenditure, rising research and development activities, an increasing number of clinical trials, and due to presence of key biopharmaceutical & pharmaceutical companies in the region.
Some of the notable players in the healthcare analytical testing services market are Merck KGAA, Syneos Health, WuXi PharmaTech, SGS, Frontage Labs, Eurofins Scientific, Anacura, Charles River Laboratories, Pace Analytical, ICON, Intertek, and Element Materials Technology, among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global healthcare analytical testing services industry.
For instance, Frontage Labs collaborated with J&J Corporate Services, Inc. in December 2019 to boost its presence in the Pacific Coast and Canada market.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Healthcare Analytical Testing Services Market Analysis And Forecast, By Type
Global Healthcare Analytical Testing Services Market Analysis And Forecast, By End-User
Global Healthcare Analytical Testing Services Market Analysis And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By End User
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Healthcare Analytical Testing Services Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Stability Testing
6.3. Microbial Testing Services
6.4. Method Development & Validation Services
6.5. Bioanalytical Testing Services
6.6. Environmental Monitoring Services
6.7. Physical Characterization Services
6.8. Raw Material Testing Services
6.9. Batch-Release Testing Services
7. Global Healthcare Analytical Testing Services Market Analysis and Forecast, By End User
7.1. Segment Overview
7.2. Contract Research Organizations
7.3. Medical Device Companies
7.4. Pharmaceutical & Biopharmaceutical Companies
8. Global Healthcare Analytical Testing Services Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Healthcare Analytical Testing Services Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Healthcare Analytical Testing Services Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Merck KGAA
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Syneos Health
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. WuXi PharmaTech
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. SGS
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Frontage Labs
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Eurofins Scientific
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Anacura
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. Charles River Laboratories
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Pace Analytical
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. ICON
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Intertek
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Element Materials Technology
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
List of Table
1. Global Healthcare Analytical Testing Services Market, By Type , 2017–2027 (USD Billion)
2. Global Stability Testing Healthcare Analytical Testing Services Market, By Region, 2017–2027 (USD Billion)
3. Global Microbial Testing Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
4. Global Method Development & Validation Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
5. Global Bioanalytical Testing Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
6. Global Environmental Monitoring Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
7. Global Physical Characterization Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
8. Global Raw Material Testing Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
9. Global Batch-Release Testing Services Healthcare Analytical Testing Services Electric Market, By Region, 2017–2027 (USD Billion)
10. Global Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
11. Global Contract Research Organizations, Healthcare Analytical Testing Services Market, By Region, 2017–2027 (USD Billion)
12. Global Medical Device Companies, Healthcare Analytical Testing Services Market, By Region, 2017–2027 (USD Billion)
13. Global Pharmaceutical & Biopharmaceutical Companies, Healthcare Analytical Testing Services Market, By Region, 2017–2027 (USD Billion)
14. Global Healthcare Analytical Testing Services Market, By Region, 2017–2027 (USD Billion)
15. Global Healthcare Analytical Testing Services Market, By North America, 2017–2027 (USD Billion)
16. North America Healthcare Analytical Testing Services Market, By Type , 2017–2027 (USD Billion)
17. North America Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
18. U.S. Healthcare Analytical Testing Services Market, By Type , 2017–2027 (USD Billion)
19. US Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
20. Canada Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
21. Canada Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
22. Mexico Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
23. Mexico Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
24. Europe Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
25. Europe Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
26. Germany Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
27. Germany Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
28. France Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
29. France Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
30. U.K. Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
31. U.K. Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
32. Italy Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
33. Italy Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
34. Spain Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
35. Spain Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
36. Asia Pacific Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
37. Asia Pacific Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
38. Japan Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
39. Japan Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
40. China Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
41. China Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
42. India Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
43. India Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
44. South America Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
45. South America Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
46. Brazil Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
47. Brazil Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
48. Middle East and Africa Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
49. Middle East and Africa Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
50. UAE Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
51. UAE Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
52. South Africa Healthcare Analytical Testing Services Market, By Type, 2017–2027 (USD Billion)
53. South Africa Healthcare Analytical Testing Services Market, By End User , 2017–2027 (USD Billion)
List of Figures
1. Global Healthcare Analytical Testing Services Market Segmentation
2. Healthcare Analytical Testing Services Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Healthcare Analytical Testing Services Market Attractiveness Analysis By Type
9. Global Healthcare Analytical Testing Services Market Attractiveness Analysis By End User
10. Global Healthcare Analytical Testing Services Market Attractiveness Analysis By Region
11. Global Healthcare Analytical Testing Services Market: Dynamics
12. Global Healthcare Analytical Testing Services Market Share By Type (2020 & 2027)
13. Global Healthcare Analytical Testing Services Market Share by End User (2020 & 2027)
14. Global Healthcare Analytical Testing Services Market Share by Regions (2020 & 2027)
15. Global Healthcare Analytical Testing Services Market Share by Company (2019)
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