openPR Logo
Press release

Global Pharmaceutical Analytical Testing Outsourcing Market Size, Share, Analysis, Industry Report and Forecast to 2025

11-13-2020 01:43 PM CET | Health & Medicine

Press release from: Orion Market Research

Global Pharmaceutical Analytical Testing Outsourcing Market

Global Pharmaceutical Analytical Testing Outsourcing Market

The global pharmaceutical analytical testing outsourcing market is estimated to have a significant CAGR of over 8% during the forecast period. The increasing pharmaceutical industry coupled with growing pharmaceutical contract manufacturing activities further encourages pharmaceutical analytical testing outsourcing that further contributes to market growth. The key regions in which the pharmaceutical industry expands the business and emerging with the contract manufacturers include Europe, North America, Asia-Pacific, South Korea, Vietnam, Bangladesh.

Over the years, the demand for drugs and medicines have been increased significantly as well as many pharmaceutical companies conducting the process of drug development and deliver the drug into the market in substantial quantity. In the pharmaceutical industry, various large pharmaceutical companies are forming partnerships with many contract manufacturing organizations. It includes Dishman Pharmaceuticals, Catalent Pharma Solutions, Boehringer Ingelheim Althea Technologies, HAUPT Pharma, Pfizer Central Source and so on.

Request a free sample of our report on Global Pharmaceutical Analytical Testing Outsourcing Market: https://www.omrglobal.com/request-sample/pharmaceutical-analytical-testing-outsourcing-market

Clinical research takes place after preclinical studies. In clinical research, trials are done in the human body. It takes about 7 years for the completion of clinical research. If a drug is proved to be safe and effective for its use by the drug developer from its preclinical and clinical research, a new drug application (NDA) can be filed by the company to market the drug.

All the submitted data on the drug is examined by the FDA review team and a decision is taken whether to approve the drug or not. A drug developer must include all the important information about the drug in the application including proposed labeling; safety updates; drug abuse information; patent information; and directions for use. Therefore, growing clinical studies in drug development further provide substantial opportunity to market growth.

A full report of Global Pharmaceutical Analytical Testing Outsourcing Market is available at: https://www.omrglobal.com/industry-reports/pharmaceutical-analytical-testing-outsourcing-market

Emerging economies likely to account significant contribution to the pharmaceutical analytical testing outsourcing market With the increasing healthcare cost in emerging economies such as India and China, healthcare organizations are adopting outsourcing services for increasing productivity and reducing the overall cost of the products. Contract manufacturing plays an important role in reducing the expenses of healthcare businesses. Healthcare organizations can save a considerable amount of money by signing a contract for the manufacturing of their products, which otherwise are carried out by hired in-house employees.

Medical outsourcing partners consist of the ability to handle a large team of professionals on behalf of the company, thereby enabling to save the company the cost of acquiring additional staff and training facility. Therefore, the increasing outsourcing services in the pharmaceutical industry in various emerging markets such as India, China, and others further provide a significant opportunity to the market.

Global Pharmaceutical analytical testing outsourcing Market Segmentation

By Product Type
• API
• Raw Materials
• Finished products

By Services
• Bioanalytical services
• Stability testing
• Drug substance
• Method development & Validation
• Others

By Region
North America
• United States
• Canada

Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Latin America
• Middle East and Africa

Company Profiles
• Boston Analytical
• Bioanalytical Systems, Inc.
• Charles River Laboratories International, Inc.
• CMIC, Inc
• Cambrex Corp.
• Covance Inc.
• Dalton Pharma Services
• Eurofins GSC Lux SARL
• Element Materials Technology Group Ltd.
• ICON plc

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/pharmaceutical-analytical-testing-outsourcing-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Pharmaceutical Analytical Testing Outsourcing Market Size, Share, Analysis, Industry Report and Forecast to 2025 here

News-ID: 2187409 • Views: 316

More Releases from Orion Market Research

High Barrier Films Packaging Market Size | COVID-19 Impact Analysis | Forecast t …
High barrier film packaging is a packaging solution that blocks harmful moisture and oxygen transmission; thereby, providing protection to sensitive material. To keep food and pharmaceutical products protected and extend their shelf life, high barrier film packaging is a suitable substitute for food packaging and pharmaceutical packaging. Moreover, in flexible packaging form, high barrier films are often used to ensure product integrity and maintain quality in case of water permeation
Dry Eye Disease Market 2019 Growth, COVID Impact, Trends Analysis Report 2025
The global dry eye disease market is estimated to grow at a CAGR of 4.6% during the forecast period. The major factors contributing to the growth of the market include the increasing prevalence of diabetes associated ocular problems, emerging demand for contact lenses and awareness programs for dry eye disease. People suffering from diabetes are prone to diabetic eye conditions including diabetic retinopathy, diabetic macular edema (DME), cataract, glaucoma and
Disposable Medical Sensors Market Size, Share, Growth, Research and Forecast 202 …
The global disposable medical sensors market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 10.1%, during the forecast period. The sensor technology is becoming popular in the healthcare sector, home care, clinics, and hospitals. The sensors technology is not only limited to patient care, as it is used in tracking the movement of pharmaceuticals and other test materials that are related to the patients.
US Consumer Appliances Market Size, Share, Growth, Research and Forecast 2020-20 …
The US consumer appliances market is anticipated to grow at a CAGR of 5.1% during the forecast period (2020-2026). The market growth is mainly driven by the increasing expenditure of consumers on the modernization of appliances owing to the high disposable income. The consumer appliance companies also focus on the introduction of new and advanced appliances to engage a more customer base. Further, a significant trend toward connected devices has

All 5 Releases


More Releases for Pharma

Global Deferasirox Market 2018 - Novartis, Cipla, Sun Pharma, Natco Pharma
Apex Market Reports, recently published a detailed market research study focused on the “Deferasirox Market” across the global, regional and country level. The report provides 360° analysis of “Deferasirox Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Deferasirox on the basis of
Big Pharma Outlook 2026
Boston, MA ReportsWorldwide has announced the addition of a new report title Big Pharma Outlook 2026 to its growing collection of premium market research reports. Pharmavitae Analytics casts its eye out to 2026 with challenging trends in healthcare management set to crystallize, Big Pharma will add $29.5bn in revenues out to 2026, generating $351bn in prescription pharmaceuticals at a low single-digit compound annual growth rate (CAGR) of 0.9%. Using in-house sales forecasts,
Clomifene Citrate Market 2017 - Sanofi, Palam Pharma, Bioxera, Zafax Pharma
Apex Research, recently published a detailed market research study focused on the "Clomifene Citrate Market" across the global, regional and country level. The report provides 360° analysis of "Clomifene Citrate Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Clomifene Citrate industry, and estimates the future trend of Clomifene Citrate market on
12th World Pharma Congress
Conference Series proudly announces 12th World Pharma Congress for 2017, during October 16-18, at Budapest, Hungary. Pharmaceutical innovation is an orderly, predictable process. Intensive research coverage is resulting in an abundant knowledge of the mechanisms driving drug discovery and development. Pharmaceutical Formulation Market size was USD $147billion in 2015 and is anticipated to reach around USD 175.1 billion by 2018. In USA, the total number of new drugs approved between
12th World Pharma Congress
Conference Series has taken an initiation to conduct International Pharma Congress worldwide. From several years Conference Series has been conducting Pharma Congress conferences in major continents like Europe, America and Asia Pacific. Previous conferences were held in city like USA, with success. Conference Series proudly announces 12th World Pharma Congress for 2017, during October 16-18, at Budapest, Hungary. Pharmaceutical innovation is an orderly, predictable process. Intensive research coverage is resulting
4th African Pharma Congress
In the light of this theme, the conference series aims to provide a forum for international researchers from various areas of pharmaceutical sciences like chemical processing, industrial practice, analytical methods and pharmacological actions by providing a platform for critical analysis of new agenda, and to share latest cutting-edge research findings and results about all aspects of Pharmacy We are honoured to invite pharmacists, researchers, professors, scientific communities, delegates, students, business