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Aerospace and Life Sciences TIC Market Growth, Type, Trends, and Industry Key Players- Eurofins Scientific, TUV SUD, SGS SA, ALS Limited, Applus+, TUV Nord | 2025
Aerospace and Life Sciences TIC Market
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To provide efficient analysis, Meticulous Research(R) has segmented this market based on service type: testing, inspection, and certification. Testing segment is estimated to command the largest share of the aerospace & life sciences TIC services market in 2019. However, inspection segment is expected to grow at the fastest growth rate during the forecast period, owing to growing number of products recalls due to product related issues, such as faulty components & parts in aerospace as well as product contamination & product mix up in life sciences industry.
Life sciences TIC market is segmented into biopharmaceutical/pharmaceutical & medical devices services; clinical & laboratory services; health, beauty & wellness; and others. Biopharmaceutical/pharmaceutical & medical devices services segment is expected to account for the largest share of the life sciences TIC in 2019, due to increasing spending on research and development by the pharma/biotech companies & government across the globe; growing concerns over the safety & quality of medical device implants; and increasing product recalls. However, clinical & laboratory services segment is expected to witness the highest growth during the forecast period, owing to existence of huge number of products under different clinical trial stages. In addition, regulatory authorities are strongly recommending the manufacturers to ensure the product safety and quality. Aerospace application segment is further segmented into aerospace manufacturing services, aviation management services, and others. Aerospace manufacturing services segment is expected to command the largest share of Aerospace TIC services market in 2019, mainly due to increasing aircraft deliveries, adoption of new materials in aircraft, and stringent aviation regulations & certification standards for the aircraft safety.
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This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and RoE), Asia Pacific (China, Japan, Korea, India, and RoAPAC), Latin America, and Middle East & Africa. North America is expected to account for the largest share of the global aerospace & life sciences TIC market in 2019. Factors such as existence of large number of SMEs in the U.S. & Canada; rising expenditure on R&D in life sciences & aerospace industries; increasing production of spacecraft/aircraft, medical devices, and pharmaceuticals/biopharmaceuticals; and presence of structured regulatory frameworks are expected to drive the growth of North America aerospace & life sciences TIC market. However, APAC region is expected to witness the highest growth rate during the forecast period with a strong support from the government to promote development of aviation industry, growing volume of aviation passengers, increasing initiatives to support innovative research and expand professional networks, growing number of small and medium enterprises (SME) in aerospace industry, rising funds/investments in life sciences, and rapid urbanization and improved regulatory system.
Key Players:
The key players operating in the global aerospace & life sciences TIC market are Eurofins Scientific (Luxembourg), TUV SUD (Germany), SGS SA (Switzerland), ALS Limited (Australia), Applus+ (Spain), TUV Nord (Germany), Intertek Group Plc (U.K.), Bureau Veritas (France,) DNV GL (Norway), and MISTRAS Group, Inc. (U.S.), among others.
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Scope of the Report:
Market by Service
Testing
Inspection
Certification
Market by Sourcing
In-house
Outsourcing
Market by Application
Life sciences
Biopharma/Pharmaceutical & Medical Devices Services
Clinical & Laboratory Services
Health, Beauty & Wellness
Others
Aerospace
Aerospace Manufacturing Services
Aviation Management Services
Others
Market by Geography
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe (RoE)
Asia Pacific (APAC)
China
Japan
Korea
India
Rest of APAC (RoAPAC)
Latin America and Middle East Africa
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Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
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