Global Bioanalytical Testing Services Market Threats, Analysis, Key Players, Growth, and Forecast 2026

Increasing frequency of outsourcing R&D activities by major pharmaceutical companies is a primary factor driving global bioanalytical testing services market growth.

Bioanalysis is a sub-discipline of analytical chemistry covering the quantitative measurement of xenobiotics (drugs and their metabolites, and biological molecules in unnatural locations or concentrations), and biotics (macromolecules, proteins, DNA, large molecule drugs, and metabolites) in biological systems. Bioanalytical testing enables quantitative determination of drugs in biological substances such as blood, serum, plasma, or urine. Tests are conducted in pathological labs or diagnostic centers, and in research laboratories. Bioanalytical tests are conducted when a drug is being developed, and aids in the commercialization of the drug.

Increasing frequency of outsourcing R&D activities by many of the major pharmaceutical companies in order to focus on their core competencies is one of the primary factors driving growth of the global bioanalytical testing services market, and this strategy is expected to continue over the forecast period. Furthermore, cost-effectiveness from outsourcing as comparted to conducting in-house study is expected to further fuel growth of the market over the forecast period.

Drug manufacturers’ need to replenish their respective pipelines as patent of majority of the high selling drugs expires. This results in the need to invest significantly for new drug development, which is another major factor driving market growth.

North America dominated the global market for bioanalytical testing services in 2016, which can be attributed to the region being one of the top manufacturing hubs of highly reliable, complex, and high-end pharmaceuticals. In addition, unmet demand for pharmaceutical products in countries in the region is resulting in rapid increase in drug manufacturing.

The market in Asia Pacific is anticipated to witness comparatively faster growth over the forecast period owing to rising demand for outsourcing services in comparatively immature markets. Outsourcing services in countries in the region is supported by delivery centers in countries such as China, Manila, and India.

The global bioanalytical testing services market is segmented on the basis of module type, test type, and region. The regions covered are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global bioanalytical testing services market segmentation by module type:

 	
Small Molecule
 	
Large Molecule

 	
LC-MS Studies
 	
Immunoassays
 	
Others



Global bioanalytical testing services market segmentation by segmentation by test type:

 	
ADME

 	
In-Vivo
 	
In-Vitro


 	
PK
 	
PD
 	
Bioavailability
 	
Bioequivalence
 	
Others

Global bioanalytical testing services market segmentation by segmentation by region:

 	
North America
 	
Europe
 	
Asia Pacific
 	
Latin America
 	
Middle East & Africa

The key players in the global bioanalytical testing services market include:

 	
PPD
 	
ICON plc.
 	
Covance Inc.
 	
LabCorp
 	
Charles River Laboratories International, Inc.
 	
inVentiv Health
 	
SGS SA
 	
Toxikon, Inc.
 	
Intertek group
 	
Pace Analytical Services

Report Structure:

In the first section of the report we offer a table of content, followed by a list of figures. The next section offers a definition and brief explanation of the various products and segmentation of the target market, along with research methodology and a list of acronyms and sources used to gather and analyse data and information.

The third section of the report entails a brief list of drivers, restraints, opportunities, and threats (DROTs) in the target market. The report also offers insights on various trends in regions, countries, and markets as per segmentation, as well as insights and crucial information obtained from various sources including primary and secondary, annual reports, the Internet and others.

The final section comprises detailed profiles of key players in the target market and a SWOT analysis of each company, apart from strategies, acquisitions and mergers.

Objective of Report:

Sections of the report are created and designed specifically to offer readers a clear, clean, and insights into historical, estimated, and revenue (US$ Mn/Bn) estimation and projection, Compounded Annual Growth Rate (CAGR %), and volume in measure as applicable to the target product/market. We offer illustrations, charts, tables, and figures to support our findings and analysis, in addition to key finding for markets in regions and countries. This report is valuable asset for the existing players, new entrants and the future investors.

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