Global Analytical Laboratory Services Market - Industry Trends and Forecast to 2029
The global analytical laboratory services market is projected to register a healthy CAGR of 14.7% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020 the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation
Global Analytical Laboratory Services Market, By Test Type (Bioanalytical Testing, Batch Release Testing, Stability Testing, Raw Material Testing, Physical Characterization, Method Validation, Microbial Testing, Environmental Monitoring), Service Type (Hospital-Based Laboratories, Stand-Alone Laboratories, and Clinics-Based Laboratories), Method Type (Cell-Based Assays, Virology Testing, Method Development Optimization and Validation, Serology, Immunogenicity, Neutralizing Antibodies, Biomarker Testing, Pharmacokinetic Testing, and Others), Application (Public health, Oncology, Neurology, Infectious disease, Gastroenterology, Cardiology, and Others), Technology (Mass Spectroscopy, Immunochemistry, UPLC technology, Turbulent Flow Technology, Others), End User Channel (Pharmaceutical and Biopharmaceutical Companies, Contract Development and Manufacturing Organizations, Contract Research Organizations, and Others), Country (U.S., Canada, Mexico, Germany, France, U.K, Italy, Spain, Russia, Turkey, Ireland, Belgium, Netherlands, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the global analytical laboratory services market are:
• Growing expenditure on drugs
• An increasing number of drug approvals & clinical trials
Market Players
Some of the key market players for the global analytical laboratory services market are listed below:
• Charles River Laboratories
• Medpace
• WuXi AppTec
• Eurofins Scientific
• Q2 solutions (A Subsidiary of IQVIA)
• SGS SA
• SOLVIAS AG
• Syneos Health
• ICON plc
• Frontage Labs
• TOXIKON
• BioAgilytix Labs
• VxP Pharma, Inc.
• Pace Analytical Services, LLC
• Pharmaceutical Research Associates Inc.
• ALS Limited
• Evotec SE
• Intertek Group plc
• Shanghai Medicilone inc.
• Covance (A Subsidiary of Laboratory Corporation of America)Companies
• Charles River Laboratories
• Medpace
• WuXi AppTec
• Eurofins Scientific
• Q2 solutions (A Subsidiary of IQVIA)
• SGS SA
• SOLVIAS AG
• Syneos Health
• ICON plc
• Frontage Labs
• TOXIKON
• BioAgilytix Labs
• VxP Pharma, Inc.
• Pace Analytical Services, LLC
• Pharmaceutical Research Associates Inc.
• ALS Limited
• Evotec SE
• Intertek Group plc
• Shanghai Medicilone inc.
• Covance (A Subsidiary of Laboratory Corporation of America)
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