New York, May 16, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Pharmaceutical Analytical Testing Outsourcing Industry" - https://www.reportlinker.com/p06032490/?utm_source=GNW
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Pharmaceutical Analytical Testing Outsourcing Market to Reach $14.6 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Pharmaceutical Analytical Testing Outsourcing estimated at US$8.1 Billion in the year 2022, is projected to reach a revised size of US$14.6 Billion by 2030, growing at aCAGR of 7.5% over the period 2022-2030. Bioanalytical Testing, one of the segments analyzed in the report, is projected to record 9.1% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Method Development & Validation segment is readjusted to a revised 7.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 6.9% CAGR
The Pharmaceutical Analytical Testing Outsourcing market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.
Select Competitors (Total 42 Featured)
- Bioreliance
- Boston Analytical
- Charles River Laboratories International, Inc.
- Dalton Pharma Services
- Eurofins Scientific
- Exova
- Halo Pharma
- Intertek Group PLC
- Pace Analytical Services, LLC
- Pharmaceutical Product Development, LLC
- SGS SA
- Toxikon, Inc.
- West Pharmaceutical Services, Inc.
- WuXi AppTec, Inc.
Read the full report: https://www.reportlinker.com/p06032490/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Pharmaceutical Analytical Testing Outsourcing - Global Key
Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR
Table 2: World 8-Year Perspective for Pharmaceutical Analytical
Testing Outsourcing by Geographic Region - Percentage Breakdown
of Value Sales for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets for Years 2023 & 2030
Table 3: World Recent Past, Current & Future Analysis for
Bioanalytical Testing by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 4: World 8-Year Perspective for Bioanalytical Testing by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 5: World Recent Past, Current & Future Analysis for
Method Development & Validation by Geographic Region - USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR
Table 6: World 8-Year Perspective for Method Development &
Validation by Geographic Region - Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World for Years 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for
Stability Testing by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 8: World 8-Year Perspective for Stability Testing by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 9: World Recent Past, Current & Future Analysis for Other
Services by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 10: World 8-Year Perspective for Other Services by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030
Table 11: World Pharmaceutical Analytical Testing Outsourcing
Market Analysis of Annual Sales in US$ Million for Years 2014
through 2030
III. MARKET ANALYSIS
UNITED STATES
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in the United
States for 2023 (E)
Table 12: USA Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 13: USA 8-Year Perspective for Pharmaceutical Analytical
Testing Outsourcing by Service - Percentage Breakdown of Value
Sales for Bioanalytical Testing, Method Development &
Validation, Stability Testing and Other Services for the Years
2023 & 2030
CANADA
Table 14: Canada Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 15: Canada 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
JAPAN
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Japan for
2023 (E)
Table 16: Japan Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 17: Japan 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
CHINA
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in China for
2023 (E)
Table 18: China Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 19: China 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
EUROPE
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Europe for
2023 (E)
Table 20: Europe Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Geographic
Region - France, Germany, Italy, UK and Rest of Europe Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 21: Europe 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Geographic Region -
Percentage Breakdown of Value Sales for France, Germany, Italy,
UK and Rest of Europe Markets for Years 2023 & 2030
Table 22: Europe Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 23: Europe 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
FRANCE
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in France for
2023 (E)
Table 24: France Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 25: France 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
GERMANY
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Germany for
2023 (E)
Table 26: Germany Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 27: Germany 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
ITALY
Table 28: Italy Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 29: Italy 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
UNITED KINGDOM
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in the United
Kingdom for 2023 (E)
Table 30: UK Recent Past, Current & Future Analysis for
Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 31: UK 8-Year Perspective for Pharmaceutical Analytical
Testing Outsourcing by Service - Percentage Breakdown of Value
Sales for Bioanalytical Testing, Method Development &
Validation, Stability Testing and Other Services for the Years
2023 & 2030
REST OF EUROPE
Table 32: Rest of Europe Recent Past, Current & Future Analysis
for Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 33: Rest of Europe 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
ASIA-PACIFIC
Pharmaceutical Analytical Testing Outsourcing Market Presence -
Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific
for 2023 (E)
Table 34: Asia-Pacific Recent Past, Current & Future Analysis
for Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 35: Asia-Pacific 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
REST OF WORLD
Table 36: Rest of World Recent Past, Current & Future Analysis
for Pharmaceutical Analytical Testing Outsourcing by Service -
Bioanalytical Testing, Method Development & Validation,
Stability Testing and Other Services - Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR
Table 37: Rest of World 8-Year Perspective for Pharmaceutical
Analytical Testing Outsourcing by Service - Percentage
Breakdown of Value Sales for Bioanalytical Testing, Method
Development & Validation, Stability Testing and Other Services
for the Years 2023 & 2030
IV. COMPETITION
Read the full report: https://www.reportlinker.com/p06032490/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
