Pharmaceutical Testing Services Sales Market- Global Industry Analysis, Size, Share, Growth, Trends, Scope, Revenue and Forecast, 2023-2029 | Eurofins, WuXi AppTec, Pace Analytical Services, Catalent

Pharmaceutical Testing Service is often used to identify the chemical composition and molecular structure of each individual substance contained in a medication.
This knowledge provides insight into a drug's performance and safety considerations. Pharmaceutical testing can reveal a pharmaceutical's solubility and can predict the medication's ability to reach a specific target within the body. Testing may even reveal contamination in the manufacturing production process or highlight other, previously unknown risks with the formulation.
Pharmaceutical Testing Services include raw materials testing, in-process and product release testing, finished pharmaceutical products testing and environmental samples, etc. It is mainly used in analytical testing, method development, stability testing and so on, the end users are like pharmaceutical factory, medical institution, government of health department, etc.

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Market Analysis and Insights: Global Pharmaceutical Testing Services Market
Due to the COVID-19 pandemic, the global Pharmaceutical Testing Services market size is estimated to be worth US$ 3474.2 million in 2022 and is forecast to a readjusted size of US$ 7045.1 million by 2029 with a CAGR of 10.5% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Raw Materials Testing accounting for % of the Pharmaceutical Testing Services global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Analytical Testing segment is altered to an % CAGR throughout this forecast period.
Eurofins, WuXi AppTec, Pace Analytical Services, Catalent, Envigo, PPD, Element (Exova), ALS Pharmaceutical, Intertek Group, SGS, Boston Analytical and EAG are the key manufacturters of Pharmaceutical Testing Services. Eurofins is the leader of it by 21% market shares.
USA market took up about 39% the global market, while EU and China were about 3%, 8%.

Global Pharmaceutical Testing Services Scope and Market Size
The global Pharmaceutical Testing Services market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Pharmaceutical Testing Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.

Segment by Type
- Raw Materials Testing
- In-Process and Product Release Testing
- Finished Pharmaceutical Products Testing
- Environmental Samples
- Others

Segment by Application
- Analytical Testing
- Method Development
- Stability Testing

By Region
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Other Regions

By Company
- Eurofins
- WuXi AppTec
- Pace Analytical Services
- Catalent
- Envigo
- PPD
- Element (Exova)
- ALS Pharmaceutical
- Intertek Group
- SGS
- Boston Analytical
- EAG
- DYNALABS
- Maxxam
- ARLBioPharma
- West Pharmaceutical
- BioScreen
- Microbac
- RD Laboratories
- Analytical Lab Group
- Piramal Pharma Solutions

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This release was published on openPR.