openPR Logo
Press release

Healthcare Analytical Testing Services Market Expected to Hit USD 16.10 Billion and Demonstrating Strong CAGR 10.8% Expansion by 2032 | Key Players ICON plc, Syneos Health

06-06-2024 06:26 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Healthcare Analytical Testing Services Market

Healthcare Analytical Testing Services Market

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ก๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐š๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š๐ฅ ๐ญ๐ž๐ฌ๐ญ๐ข๐ง๐  ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ๐Ÿ”.๐Ÿ๐ŸŽ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐š๐ญ ๐š๐ง ๐Ÿ๐ŸŽ.๐Ÿ–% ๐‚๐€๐†๐‘ ๐Ÿ๐ซ๐จ๐ฆ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐ญ๐จ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ. ๐ˆ๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ”.๐Ÿ‘๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘.

The market is experiencing significant growth and is expected to continue expanding in the coming years.
Healthcare analytical testing services are predominantly utilized by medical gadget fabrication, pharmaceutical, and biotechnology industries to help through every phase of drug detection and advancement. The service provides reinforcement in functions of drug advancement that commence from drug detection through clinical attempts until the commercial usage of drugs by consumers. The main motive for executing healthcare analytics is to obtain appropriate consciousness and data about the diagnosis of illnesses, control of hospitals, and patient records.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐€ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐“๐จ ๐†๐š๐ข๐ง ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/healthcare-analytical-testing-services-market/request-for-sample

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐ƒ๐ž๐ž๐ฉ ๐ƒ๐ข๐ฏ๐ž

The market is splintered and is expected to observe contention due to several player's presences. The rise in the market is pushed by growing demand from various industries that categorize quality affirmation conformity directives. The requirement for accurate analytical methodologies presents possibilities for service providers, while government capabilities inspire funding and invention.

Some of the prominent players operating in the healthcare analytical testing services market include:

โ€ข Charles River Laboratories International, Inc.
โ€ข Eurofins Scientific
โ€ข ICON plc
โ€ข Intertek Group
โ€ข LabCorp
โ€ข Pace Analytical Services, LLC
โ€ข PPD, Inc.
โ€ข SGS SA
โ€ข Syneos Health
โ€ข Toxikon, Inc.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The demand for healthcare analytical testing services is expanding due to a surge in technological advancements. Leading market contenders are advancing pioneering technologies to sustain their market presence.
โ€ข The healthcare analytical testing services market demand is further increased by a detailed drug testing platform fuelled by AI, which helps generate drug molecules, fusion potential, and DNA-deciphered libraries.
โ€ข North America dominated the market with the largest share.
โ€ข Europe is expected to grow at the quickest rate during the forecast period.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐…๐จ๐ซ ๐˜๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/buy/3906/2

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

โ€ข Rising Pharmaceutical and Biotech R&D: Increasing research and development activities in the pharmaceutical and biotechnology sectors drive the demand for analytical testing services.
โ€ข Stringent Regulatory Requirements: Compliance with stringent regulatory standards and quality control measures necessitates extensive analytical testing.
โ€ข Technological Advancements: Innovations in analytical techniques and instrumentation enhance the precision and efficiency of testing services.
โ€ข Outsourcing Trends: Growing trend of outsourcing analytical testing services to specialized contract research organizations (CROs) to reduce operational costs and focus on core activities.
โ€ข Increasing Incidence of Chronic Diseases: The rising prevalence of chronic diseases leads to the development of new drugs and therapies, boosting the need for analytical testing.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐„๐ง๐ญ๐ข๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/healthcare-analytical-testing-services-market

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia, Australia, South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

โ€ข Bioanalytical Testing Services
Pharmacokinetic & Toxicokinetic Testing
Immunogenicity & Neutralizing Antibody Testing
Biomarker Testing
Bioassays
โ€ข Physical Characterization Services
Laser Particle Size Analysis
Thermal Analysis
Optical Characterization
Surface Area Analysis
โ€ข Method Development & Validation Services
Extractable Method Development & Validation
Process Impurity Method Development & Validation
โ€ข Batch-Release Testing Services
Dissolution Testing
Elemental Impurity Testing
Disintegration Testing
โ€ข Raw Material Testing Services
Compendial Testing
Container Testing
Heavy Metal Testing
โ€ข Stability Testing Services
Drug Substance Stability Testing
Formulation Evaluation Stability Testing
โ€ข Microbial Testing Services
Microbial Limit Testing
Virology Testing
Sterility Testing
โ€ข Genomics Testing Services

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ
โ€ข Pharmaceutical Companies
โ€ข Medical Device Companies
โ€ข Biopharmaceutical Companies
โ€ข Cosmetics & Nutraceuticals Companies
โ€ข Hospitals and Clinics
โ€ข Forensic Labs

๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ญ๐ข๐œ๐š๐ฅ ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The bioanalytical testing services segment holds a considerable market owing to its wide array of services designed for different drug types.
โ€ข The cell assay segment held significant market share, mainly driven by its wide applications in biomedical research as well as drug-discovery screening.
โ€ข The pharmaceutical companies segment held a significant market share owing to ensuring safety, quality, and effectiveness of pharmaceutical products.
โ€ข The medical devices segment is anticipated to grow at the fastest CAGR owing to its assistance to manufacturers in mitigating different types of product risks, enabling them to deliver high-quality devices to the medical industry.
โ€ข North America led the industry and accounted for a majority of market revenue share owing to its uses in the healthcare sector, including pharmaceutical companies, biopharmaceutical companies and medical device companies.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐–๐ข๐๐ž-๐ซ๐š๐ง๐ ๐ข๐ง๐  ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž ๐จ๐Ÿ ๐๐Œ๐‘'๐ฌ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

๐’๐ž๐ฉ๐ฌ๐ข๐ฌ ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-sepsis-diagnostics-market

๐€๐ง๐ž๐ฌ๐ญ๐ก๐ž๐ฌ๐ข๐š ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-anesthesia-devices-Market

๐€๐๐๐ข๐œ๐ญ๐ข๐จ๐ง ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-addiction-treatment-market

๐“๐ก๐ž๐ซ๐š๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-theranostics-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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 Healthcare Analytical Testing Services Market Expected to Hit USD 16.10 Billion and Demonstrating Strong CAGR 10.8% Expansion by 2032 | Key Players ICON plc, Syneos Health here

News-ID: 3528119 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Sepsis Diagnostics Market Poised for Remarkable Expansion: Targeting USD 1,520.23 Million by 2032 with a 9.3% CAGR | Key Players- Abbott Laboratories, Axis-Shield Diagnostics, Becton Dickinson
Sepsis Diagnostics Market Poised for Remarkable Expansion: Targeting USD 1,520.2 โ€ฆ
Sepsis Diagnostics-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global sepsis diagnostics market was estimated to be worth USD 682.30 million in 2023 and is predicted to expand to USD 1,520.23 million by 2032, with a CAGR of 9.3% during the forecast period 2024-2032. ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: This comprehensive study provides an accurate overview of the worldwide sepsis diagnostics market. It includes comprehensive analyses of sales volume, price, revenue, market share, andโ€ฆ
Internet Of Things (Iot) In Healthcare Market Unprecedented Growth: Forecasted to Achieve USD 24.85 Billion Valuation Growing at 17.9% CAGR by 2032 | Key Players- Cisco Systems Inc, GE Healthcare Ltd
Internet Of Things (Iot) In Healthcare Market Unprecedented Growth: Forecasted t โ€ฆ
Internet Of Things (IoT) in Healthcare Market The report examines everything a marketer needs before financing the global Internet of Things (IoT) In Healthcare Industry during the forecast period 2024-2032. Internet of Things (IoT) in Healthcare Market Share, Size, Trends, Industry Analysis Report; By Component (Medical device, System & Software, Services); Connectivity Technology; End-User; Application; Region; Segment Forecast, 2024 - 2032. This report provides a thorough understanding of market shares, size,โ€ฆ
Vehicle Tracking Systems Market Revenue to Cross USD 41.94 Billion By 2028; Registering at a CAGR of 13.5%
Vehicle Tracking Systems Market Revenue to Cross USD 41.94 Billion By 2028; Regi โ€ฆ
The report examines everything a marketer needs before financing in the global Vehicle Tracking Systems Industry during the forecast period 2021-2028. Vehicle Tracking Systems Market Share, Size, Trends, Industry Analysis Report, By Vehicle (Passenger, Light Commercial, Heavy Commercial); End-Use; Technology; Component, Region; Segment Forecast, 2021 - 2028. This report provides a thorough understanding of market shares, size, current trends, and sales value. A vehicle tracking system tracks and keeps an eyeโ€ฆ
Pyrogen Testing Market is anticipated to grow from USD 1.76 billion in 2024 to USD 3.42 billion by 2032, at a CAGR of 8.7% from 2024 to 2032 | PMR
Pyrogen Testing Market is anticipated to grow from USD 1.76 billion in 2024 to U โ€ฆ
๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’—๐’†๐’“๐’—๐’Š๐’†๐’˜: The newly published research report titled Pyrogen Testing Market 2024: By Types, Applications, Size, Share, Key Players & Regions Forecast Analysis till 2032 provides in-depth knowledge about a rapidly growing sector. This comprehensive industry overview outlines the study's objectives and the research methodologies employed. It examines crucial aspects that stakeholders need to understand, including market share, size, and top trends related to Pyrogen Testing Market. Additionally, it highlights theโ€ฆ

All 5 Releases


More Releases for Testing

Test Automation Market | latest automation testing tools, automation testing too โ€ฆ
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled โ€œTest Automation Market โ€œ The โ€œTest Automation Marketโ€ report provides analysis of the global test automation market for the period 2015โ€“2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. The report preciselyโ€ฆ
Sexually Transmitted Disease (STD) Diagnosis Market Report 2018: Segmentation by โ€ฆ
Global Sexually Transmitted Disease (STD) Diagnosis market research report provides company profile for Biocartis, Bio-Rad, Cepheid, Danaher, DiaSorin, Quidel, Abbott, Roche, Thermo Fisher Scientific, Aposcience, BCR Diagnostics, BD Medical and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the yearโ€ฆ
Molecular Diagnostics Market Application On Infectious Disease Testing, Cardiova โ€ฆ
Worldwide Market Reports recently released โ€œGlobal Molecular Diagnostics Market Research Report 2017โ€ that centers around the latest developing trends and technologies in the Molecular Diagnostics Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives and otherโ€ฆ
Test Automation Market Quadruples by 2023; with a ~ 15.34 % of Whooping CAGR | C โ€ฆ
New Market Research Reports Title "Test Automation Market 2018" Has Been Added to Crystal Market Research Report database. Test Automation Market - Competitive Insights: The leading players in the market are Cognizant Corporation, IBM, Hewlett-Packard, Capgemini, Tata Consultancy Services and Infosys. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry. The Testโ€ฆ
Latest Trend On Testing as a Service (TaaS) Market Research Report, Status and P โ€ฆ
The various factors supporting the marketโ€™s trajectory and those posing threat are studied in the report in detail. Furthermore, the market study segments the Global TaaS Industry 2018 Market Sales Market based on application and industry chain structure. In these sections, it covers various factors influencing the marketโ€™s trajectory across the segments. Furthermore, it identifies the most profitable of them all to help investors take the well-versed decision. Theโ€ฆ
Food Safety Testing Market Fostering Industry On Safety Test, Pathogen Testing , โ€ฆ
Global food safety testing market is expected to reach USD 22,327.02 million by 2025 from USD 12,760.00 million in 2017, at a CAGR of 7.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Get Sample of This Report: http://databridgemarketresearch.com/request-a-sample/?dbmr=global-food-safety-testing-market Global Industry Segmentation: The major factors contributing to the growthโ€ฆ