Healthcare Analytical Testing Services Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Medpace, Inc. North American Science Associates, LLC Pace Analytical

Healthcare analytical testing services market is anticipated to grow at a considerable CAGR of 13.1% during the forecast period (2024-2031).The growth of the healthcare analytical testing services market is attributed to increasing demand for electronic health records (EHRs), personal health records (PHRs), electronic prescription services (E-prescribing), patient portals, master patient indexes (MPI), with digital data collection globally driving the growth of the market. Analytical testing services for healthcare are essential for performing a range of tests, such as bioanalytical, pharmacokinetic, and biomarker testing.

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An increasing demand for personalized treatments, such as genetic testing, biomarker analysis, and companion diagnostics. Biomarkers offer vital information about a person's unique biological traits and the course of a disease, they play a significant role in accurately determining a patient's status in personalized medicine. Precision medicine testing ongoing technological advancements, such as the integration of high-throughput screening methods, automation, and advanced analytical techniques, to improve the accuracy and speed of bioanalytical testing. Precision medicines reflect about half of all new therapeutic approvals this strategy has enormous potential for improving patient outcomes in the future, in addition to its immediate positive effects on patient lives.

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• Market Coverage
• Market number available for - 2024-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Healthcare Analytical Testing Services Market by Type
o Bioanalytical Testing Services
o Physical Characterization Services
o Method Development & Validation Services
o Raw Material Testing Services
o Batch- Release Testing Services
o Others (Stability Testing Services, Genomics Testing Services)

Global Healthcare Analytical Testing Services Market by End-Users
o Pharmaceutical
o Hospitals and Clinics
o Forensic Lab

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o Middle East & Africa

Company Profiles
o Almac Group
o Charles River Laboratories International, Inc.
o Curia Global, Inc.
o Frontage Labs.
o ICON plc
o Intertek Group plc
o Labcorp
o LGC Ltd.
o Medpace, Inc.
o North American Science Associates, LLC
o Pace Analytical
o PerkinElmer Inc.
o Q2 Solutions
o SGS SA
o STERIS
o Thermo Fisher Scientific Inc.
o WuXi AppTec Co., Ltd.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global healthcare analytical testing services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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