Global Bioanalytical Testing Services Market Research Report: Forecast (2023-2028)

By Test Type (Cell-Based Assay [Bacterial Cell-Based Assay, Viral Cell-Based Assay], Virology Testing [In Vivo Virology Testing, In Vitro Virology Testing], Method validation and Optimization, Serolog... ... ptimization, Serology, Immunogenicity and Neutralizing Antibodies, Biomarker testing, Pharmacokinetic testing, Others), By Application (Oncology, Neurology, Infectious disease, Cardiology, Gastroenterology, Others), By Molecule Type (Small Molecule, Large Molecule), By End User (Pharmaceutical & Biotechnology Companies, Contractual Development & Manufacturer Organisation, Contract Research Organisation), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific), By Company (Charles River, Medpace holdings, ICON plc, Wuxi Apptech, Eurofins Scientific, Syenos Health, SGS SA, Intertek, PPD Inc., Bioneeds India Pvt Ltd., CD Bioscience Ltd., Pace Analytical, BioAgilitix, Alta Sciences, Others) Read more

  • Healthcare
  • Feb 2023
  • 197
  • PDF, Excel, PPT

Market Definition

Bioanalysis testing is the quantitative assessment of analytes and their metabolites in a biological sample like a serum, blood plasma, or other body fluid. This testing is used in drug development and validated bioanalytical methods for the quantitative evaluation of analytes in the sample.

The increasing number of chronic diseases like cancer, diabetes, stroke, arthritis, and other heart ailments has been stressing drug discovery, drug development & testing, etc., further driving the revenue growth of the bioanalytical testing services.

Market Insights & Analysis: Global Bioanalytical Testing Services Market (2023-28)

The Global Bioanalytical Testing Services market is projected to grow at a CAGR of around 15.35% during the forecast period, 2023-28. The incessant need for Oral and Topical Drugs due to a consistent surge in the diagnosis of diseases has resulted in their high production. In addition to this, the increasing number of contract manufacturing companies like Icon, etc., expanding their development capacities across the globe to support the growing volume of batch production of biologics development, has assisted the growth of the Bioanalytical testing services.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 15.35%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Rest of South America
Middle East & Africa: GCC, South Africa, Rest of MEA
Key Companies Profiled Charles River, Medpace holdings, ICON plc, Wuxi Apptech, Eurofins Scientific, Syenos Health, SGS SA, Intertek, PPD Inc., Bioneeds India Pvt Ltd., CD Bioscience Ltd., Pace Analytical, BioAgilitix, Alta Sciences, Others
Unit Denominations USD Million/Billion

 

Bioanalytical testing played a vital role at the time of the outbreak of COVID-19, as its need increased due to the growth in demand for vaccines, drugs, etc. Therefore, companies like Sinovac Biotech, J&J, Pfizer, etc., have ramped up their vaccine and drug manufacturing, which translated into an increased requirement for bioanalytical testing services. Additionally, the rising use of key techniques like liquid chromatography, automatic sample preparation, etc., which are quite efficient and reliable, led to the active adoption of these services by the companies operating in this space.

Additionally, to meet the rising demand for the development of the drug, pharmaceutical companies are opting for outsourced bioanalytical testing owing to an increase in the numbers and capabilities of Contractual research organizations (CRO). This is further escalating the revenue growth of the Global Bioanalytical Testing Services.

Global Bioanalytical Testing Services Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Bioanalytical Testing Services Market Porters Five Forces Analysis
  5. Global Bioanalytical Testing Services Market Trends & Insights
  6. Global Bioanalytical Testing Services Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Bioanalytical Testing Services Market Growth Opportunities & Hotspots
  8. Global Bioanalytical Testing Services Market Policy & Regulations
  9. Global Bioanalytical Testing Services Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Test Type
        1. Cell-Based Assay
          1. Bacterial Cell-Based Assay
          2. Viral Cell-Based Assay
        2. Virology Testing
          1. In Vivo Virology Testing
          2. In Vitro Virology Testing
        3. Method validation and Optimization
        4. Serology, Immunogenicity and Neutralizing Antibodies
        5. Biomarker testing
        6. Pharmacokinetic testing
        7. Others
      2. By Application
        1. Oncology
        2. Neurology
        3. Infectious disease
        4. Cardiology
        5. Gastroenterology
        6. Others
      3.  By Molecule Type
        1. Small Molecule
        2. Large Molecule
      4. By End User
        1. Pharmaceutical & Biotechnology Companies
        2. Contractual Development & Manufacturer Organisation
        3. Contract Research Organisation
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
      6. By Company
        1. Market Share
        2. Competition Characteristics
  10. North America Bioanalytical Testing Services Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Test Type
      2. By Application
      3. By End User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    4. Canada Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    5. Mexico Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
  11. South America Bioanalytical Testing Services Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Test Type
      2. By Application
      3. By End User
      4. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
  12. Europe Bioanalytical Testing Services Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Test Type
      2. By Application
      3. By End User
      4. By Country
        1. The UK
        2. Germany
        3. Italy
        4. France
        5. Spain
        6. Rest of Europe
    3. The UK Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    4. Germany Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    5. Italy Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    6. France Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    7. Spain Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
  13. The Middle East & Africa Bioanalytical Testing Services Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Test Type
      2. By Application
      3. By End User
      4. By Country
        1. GCC
        2. South Africa
        3. Rest of the Middle East & Africa
    3. GCC Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    4. South Africa Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
  14. Asia-Pacific Bioanalytical Testing Services Market Analysis, 2018-2028F
    1. Market Size & Outlook
      1. Revenues (USD Million)
    2. Market Share & Outlook
      1. By Test Type
      2. By Application
      3. By End User
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of Asia-Pacific
    3. China Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    4. India Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    5. Japan Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    6. South Korea Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
    7. Australia Bioanalytical Testing Services Market Analysis, 2018-2028F
      1. Market Size & Outlook
        1. Revenues (USD Million)
      2. Market Share & Outlook
        1. By Test Type
        2. By Application
  15. Global Bioanalytical Testing Services Market Key Strategic Imperatives for Success & Growth
  16. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc)
      1. Charles River
      2. Medpace holdings
      3. ICON plc
      4. Wuxi Apptech
      5. Eurofins Scientific
      6. Syenos Health
      7. SGS SA
      8. Intertek
      9. PPD Inc.
      10. Bioneeds India Pvt Ltd.
      11. CD Bioscience Ltd.
      12. Pace Analytical
      13. BioAgilitix
      14. Alta Sciences
      15. Others
  17. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

We’d love to understand what matters most to you.

Your data is 100% confidential & secure