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US Pharmaceutical analytical testing outsourcing Market Trends 2020 | Segmentation, Outlook, Industry Report to 2026

06-12-2021 03:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

US Pharmaceutical analytical testing outsourcing Market

The US pharmaceutical analytical testing outsourcing market is projected to grow at a significant CAGR of around 8.1% during the forecast period (2021-2027). The major factor that propels the market growth in the country includes the growing trend towards outsourcing services in the pharmaceutical sector of the country. There are several small to medium companies that are providing pharmaceutical services on a contract basis to other firms. In recent years, the volume of generic drug sales has increased rapidly in the US, whereas, the outsourcing of branded pharmaceuticals and their analytical testing in the US has been growing at a significant rate due to the lack of any production capacity constraint with pharmaceutical companies.

To Request a Sample of our Report on US Pharmaceutical analytical testing outsourcing Market: https://www.omrglobal.com/request-sample/us-pharmaceutical-analytical-testing-outsourcing-market

A large number of branded pharmaceuticals have moved towards maturity and late growth stages in the product life cycle. Hence, utilization levels of these plants are likely to grow to unsustainable levels. This makes outsourcing a viable option for many pharmaceutical companies operating in the region. There are several major biopharmaceuticals company in the country, which include Thermo Fisher Scientific, Inc., Catalent, Inc., Pfizer CenterOne, Baxter International, Inc., and AbbVie, Inc. Apart from these, various small players are operating in the company that is adopting API, drug formulation, analytical testing, and other drug development & manufacturing services and further contributes in the market growth.

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A full Report of US Pharmaceutical analytical testing outsourcing Market is Available at: https://www.omrglobal.com/industry-reports/us-pharmaceutical-analytical-testing-outsourcing-market

US 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 (Quality Testing)

Company Profiles
• Boston Analytical Inc.
• Bioanalytical Systems, Inc.
• Charles River Laboratories International, Inc.
• CMIC, Inc.
• Cambrex Corp.
• Covance Inc.
• Dalton Pharma Services
• KCAS Bioanalytical Services
• NorthEastBioAnalytical Laboratories LLC.
• Pace Analytical Services, LLC
• Pharmaceutical Product Development, LLC
• Toxikon Corp.
• VxP Pharma, Inc.
• West Pharmaceutical Services, Inc.

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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-pharmaceutical-analytical-testing-outsourcing-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
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.

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