Press release
Healthcare Analytical Testing Services Market Examination by (Environmental Monitoring, Bioanalytical Services, Stability, Raw Materials, & Microbial Testing) to 2021 - Says Top Players
Top 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).Many factors are attributed to this rapid market growth, including continuous outsourcing from pharmaceutical companies, growing pipelines for biological candidates, & increasing demand for more analytical details on drugs & process development by regulatory agencies. In response to changing market dynamics, service providers are striving to provide analytical testing with quality.
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Global healthcare analytical testing services market is projected to reach USD 4.13 Billion by 2021 from USD 2.42 Billion in 2016, at a CAGR of 11.3% from 2016 to 2021. Market expected to witness significant growth in coming years due to rising demand for analytical services for biologics and large-molecule drugs.
Analytical testing in healthcare is critical as it ensures that the products are of high-quality and free from any impurities, which could contaminate the products during manufacturing or the early stages of product development. The term can also be referred to as materials testing and is collectively given to the various techniques used to identify the chemical composition or characteristics of a particular sample.
Objectives of the Study
• To define, describe, and forecast healthcare analytical testing services market on basis of type, end user, and region
• To provide detailed information regarding major factors influencing growth of market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to overall market
• To analyze opportunities in market for stakeholders and provide details of competitive landscape for market leaders
• To forecast size of healthcare analytical testing services market with respect to four main regions, namely, North America, Europe, Asia Pacific, & Rest of the World
• To profile key players in healthcare analytical testing services market & comprehensively analyze their core competencies
• To track and analyze competitive developments such as collaborations, partnerships & agreements, mergers and acquisitions, new service developments, and R&D activities of the leading players in the healthcare analytical testing services market
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North America dominated healthcare analytical testing services market followed by Europe, Asia-pacific, and Rest of the World. The high quality standards in pharmaceutical industry, rapid growth in biosimilars and biologics market, and presence of a large pool of analytical testing providers are factors driving the growth of this market.
Research study is helpful for following target audience
• Pharmaceutical and Biopharmaceutical Companies
• Contract Research Organizations (CROs)
• Medical Device Manufacturing Companies
• Government Associations
• Market Research and Consulting Firms
• Venture Capitalists and Investors
Some of the prominent players in the healthcare analytical testing services market include Exova Group Plc. (U.K.), Eurofins Scientific SE (Luxembourg), SGS (Switzerland), PPD Inc. (U.S.), WuXi PharmaTech (Cayman) Inc. (China), Charles River Laboratories International Inc. (U.S.), Source BioScience Plc. (U.K.), Anabiotec (Belgium), Intertek Group Plc. (U.K.), Medistri SA (Switzerland), Pace Analytical Services Inc. (U.S.), and BioReliance Corporation (U.S.).
More Information on “Healthcare Analytical Testing Services Market by Type (Stability, Raw Materials, Method Validation, Microbial, Environmental Monitoring, Bioanalytical Services), by End User (Pharmaceutical Companies, Medical Device Companies) - Global Forecast to 2021” report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=573623 .
Geographically, North America commanded a major share of the healthcare analytical testing services market in 2015. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period.
Competitive Landscape
1 Introduction
2 Market Share Analysis
3 Competitive Situation and Trends
4 Acquisitions
5 Expansions
6 Agreements, Collaborations, and Partnerships
7 Service Launches
In report of healthcare analytical testing services market is segmented on basis of services, samples, end users, and regions. In 2015, bioanalytical testing segment accounted for largest share of the global healthcare analytical testing services market, by type. Large share of this segment can primarily be attributed to large number of biologic molecules in pipeline & growing biopharmaceutical industry.
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Mr. Vishal
Tower B5, Office 101,
Magarpatta City SEZ,
Pune-411013, India
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