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2019 Healthcare Analytical Testing Services Market Growth Opportunities, Latest Industry Updates, Top Companies, Regional Forecast to 2023

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The healthcare analytical testing services market is segmented into pharmaceutical & biopharmaceutical companies, medical device companies and contract research organizations. The pharmaceutical & biopharmaceutical companies segment is the fastest-growing end-user segment in the healthcare analytical testing services market during the forecast period.

Prominent players in healthcare analytical testing services market are Euro fins Scientific (Luxembourg), Charles River Laboratories (US), Almac Group (UK), Exova Group (UK), PPD (US), Source BioScience (UK), Anabiotec (Belgium), Intertek Group (UK), Wuxi Pharma Tech (China), and BioReliance (US).

Healthcare analytical testing services market expected to reach USD 5.97 billion by 2023 from an estimated USD 3.43 billion in 2018, at a CAGR of 11.7%. Shift of focus towards analytical testing of biologics & biosimilars, increasing outsourcing of analytical testing by pharmaceutical companies, increasing acceptance of QbD approach in pharma research/manufacturing, & adoption of FTE contracts in R&D outsourcing are major factors driving growth of healthcare analytical testing services market.

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Healthcare analytical testing services market is segmented into pharmaceutical & biopharmaceutical companies, medical device companies and contract research organizations. The pharmaceutical & biopharmaceutical companies segment is the fastest-growing end-user segment in the healthcare analytical testing services market during the forecast period.

Key Target Audience:

  • Healthcare Analytical Testing Service Providers
  • Pharmaceutical and Biopharmaceutical Companies
  • Contract Research Organizations (CROs)
  • Medical Device Manufacturing Companies
  • Government Associations
  • Market Research and Consulting Firms
  • Venture Capitalists and Investors

Globally, Europe led bio-lubricants market in 2016, whereas market in North America is projected to grow at highest CAGR, in terms of value, during forecast period. North America projected to be largest market by 2022. Europe leads demand for bio-lubricants due to presence of countries, such as Germany, France, Finland, Norway, Italy, and others where environmental concerns are addressed through various emission standards and the use of biodegradable products.

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Geographically, healthcare analytical testing services market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2017, North America accounted for largest share of healthcare analytical testing services market, followed by Europe and Asia Pacific. Presence of a well-established pharmaceutical industry in region, coupled with high R&D expenditure, growth in biosimilars and generics markets, increasing number of analytical testing service providers.

Geographic Analysis in Healthcare Analytical Testing Services Market Report:

  • Further breakdown of the Rest of Asia-Pacific healthcare analytical testing services market into Singapore, Australia, New Zealand and others
  • Further breakdown of the Rest of Europe healthcare analytical testing services market into Belgium, Russia, Netherlands, and others
  • Further breakdown of the Latin America healthcare analytical testing services market into Brazil and Mexico.
Table of Contents in Healthcare Analytical Testing Services Market Report:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary
2.1.2.3 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Healthcare Analytical Testing Services Market Overview
4.2 APAC: Healthcare Analytical Testing Services Market, By End User &
Country
4.3 Healthcare Analytical Testing Services Market: Geographical Snapshot
4.4 Healthcare Analytical Testing Services Market: Geographical Mix
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Focus on Analytical Testing of Biologics and Biosimilars
5.2.1.2 Increasing Preference for Outsourcing Analytical Testing
5.2.1.3 Rising Adoption of the Quality By Design Approach
5.2.1.4 Adoption of Fte Contracts in R&D Outsourcing
5.2.2 Restraints
5.2.2.1 Pricing Pressure Faced By Major Players
5.2.2.2 Shortage of Skilled Professionals
5.2.3 Opportunities
5.2.3.1 Rising Demand for Specialized Analytical Testing Services
5.2.3.2 Growth Opportunities in Emerging Asia Pacific Countries
5.2.4 Challenges
5.2.4.1 Innovative Formulations and Medical Devices Demanding A Unique Analytical Testing Approach
5.2.4.2 Development of Appropriate Dissolution Methods
5.2.4.3 Growing Need to Improve the Sensitivity of Analytical Methods
6 Industry Insights
6.1 Industry Trends
6.1.1 Growing Industry Consolidation
6.1.2 Long-Term Outsourcing and Preferred Vendor Partnerships
6.2 Regulatory Analysis
7 Healthcare Analytical Testing Services Market, By Type
7.1 Introduction
7.2 Bioanalytical Testing
7.2.1 Cell-Based Assays
7.2.2 Virology Testing
7.2.2.1 In Vitro Assays
7.2.2.2 In Vivo Assays
7.2.2.3 Species-Specific Viral Pcr Assays
7.2.3 Immunogenicity & Neutralizing Antibody Testing
7.2.4 Biomarker Testing
7.2.5 Pharmacokinetic Testing
7.3 Physical Characterization
7.3.1 Laser Particle Size Analysis
7.3.2 Thermal Analysis
7.3.3 Image Analysis
7.3.4 Surface Area Analysis
7.3.5 Other Physical Characterization Analysis Services
7.4 Method Development & Validation
7.4.1 Extractables & Leachables Method Development & Validation
7.4.2 Process Impurity Method Development & Validation
7.4.3 Stability Indicating Method Validation
7.4.4 Cleaning Validation Method Development
7.4.5 Analytical Standard Characterization
7.4.6 Technical Consulting
7.4.7 Other Method Validation Services
7.5 Raw Material Testing
7.5.1 Complete Compendial Testing
7.5.2 Heavy Metal Testing
7.5.3 Container Testing
7.5.4 Karl Fischer Analysis
7.5.5 Wet Chemistry Analysis
7.5.6 Other Raw Material Testing Services
7.6 Batch-Release Testing
7.6.1 Dissolution Testing
7.6.2 Elemental Impurity Testing
7.6.3 Disintegration Testing
7.6.4 Hardness Testing
7.6.5 Friability Testing
7.6.6 Other Batch-Release Testing Services
7.7 Stability Testing
7.7.1 Drug Substance Stability Testing
7.7.2 Formulation Evaluation Stability Testing
7.7.3 Accelerated Stability Testing
7.7.4 Photostability Testing
7.7.5 Comparative Stability Testing
7.7.6 Other Stability Testing Services
7.8 Microbial Testing
7.8.1 Microbial Limit Testing
7.8.2 Sterility Testing
7.8.3 Endotoxin Testing
7.8.4 Preservative Efficacy Testing
7.8.5 Water Testing
7.8.6 Other Microbial Testing Services
7.9 Environmental Monitoring
7.9.1 Air Testing
7.9.2 Wastewater/ETP Testing
7.9.3 Other Environmental Monitoring Services
8 Healthcare Analytical Testing Services Market, By End User
8.1 Introduction
8.2 Pharmaceutical & Biopharmaceutical Companies
8.3 Medical Device Companies
8.4 Contract Research Organizations
9 Healthcare Analytical Testing Services Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Italy
9.3.5 Switzerland
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America
9.6 Middle East & Africa
10 Competitive Landscape
10.1 Overview
10.2 Market Share Analysis
10.3 Competitive Scenario
10.3.1 Acquisitions
10.3.2 Expansions
10.3.3 Partnerships, Agreements, and Collaborations
10.3.4 Services Launches
11 Company Profiles
(Business Overview, Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1 Eurofins Scientific
11.2 Labcorp
11.3 SGS
11.4 Charles River
11.5 Wuxi Pharmatech
11.6 Pharmaceutical Product Development, LLC (PPD)
11.7 Exova
11.8 Pace Analytical
11.9 Envigo
11.10 Intertek
11.11 MPI Research
11.12 Merck KGaA
11.13 Source Bioscience
*Details on Business Overview, Services Offered, Recent Developments,
SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
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