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Primary Catalyst Driving Healthcare Analytical Testing Services Market Evolution in 2025: Rising Chronic Disease Cases Propel Healthcare Analytical Testing Services Market Driver

02-24-2025 11:59 AM CET | Health & Medicine

Press release from: The Business Research Company

Healthcare Analytical Testing Services Market

Healthcare Analytical Testing Services Market

What market dynamics are playing a key role in accelerating the growth of the healthcare analytical testing services market?
The surge in chronic disease instances is predicted to fuel the growth of the healthcare analytical testing services market. Chronic diseases are long-lasting conditions that endure in individuals for over three months, covering diseases such as arthritis, asthma, cancer, diabetes, etc. These analytical testing services in the healthcare sector are critical for early detection and treatment of countless patients dealing with chronic diseases. For example, Firstpost, an online news and media platform based in India, projected that diabetes cases in India are anticipated to skyrocket to 134 million by 2025. This rise in chronic disease cases is accelerating the expansion of the healthcare analytical testing services market.

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How will the growth rate of the healthcare analytical testing services market shape industry trends by 2034?
The market size for healthcare analytical testing services has experienced swift expansion in recent years. The growth is projected to continue, rising from $6.63 billion in 2024 to a substantial $7.62 billion by 2025, with a compound annual growth rate (CAGR) of 14.9%. Factors such as regulatory compliance, development and approval of drugs, growth in clinical trials, an uptick in the elderly population, and a higher prevalence of chronic diseases can all be accredited for the exponential growth during the period in question.

The market size for healthcare analytical testing services is predicted to experience swift expansion in the forthcoming years. Its value is projected to reach $13.04 billion by 2029, growing at a compound annual growth rate (CAGR) of 14.4%. The expansion during the predicted period can be linked to factors such as telemedicine and remote monitoring, drug safety and pharmacovigilance, biopharmaceuticals and biosimilars, emerging markets, and a stringent regulatory framework. Predominant trends in the forecast period encompass advanced analytical techniques, data security and privacy, personalized medicine testing, applications of artificial intelligence and machine learning, along with environmental and contaminant testing.

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What trends are poised to drive the future success of the healthcare analytical testing services market?
The primary trend gaining traction in the healthcare analytical testing service market is technological innovation. To maintain their market position, key players are developing new technologies. For example, in April 2022, Charles River Laboratories International Inc., a pharmaceutical company from the United States offering clinical analytical and drug discovery services, in collaboration with Valo Health Inc., a US company engaged in the drug discovery process, introduced the Logica analytical platform. This analytical platform, powered by artificial intelligence, aids in the design of drug molecules, synthesis processes, and DNA-encoded libraries, translating the findings of biological tests straight into enhanced preclinical outcomes, thereby boosting drug discovery and biological examination.

Which primary segments of the healthcare analytical testing services market are driving growth and industry transformations?
The healthcare analytical testing services market covered in this report is segmented -

1) By Type: Bioanalytical Testing Services, Physical Characterization Services, Method Development And Validation Testing Services, Raw Material Testing Services, Batch-Release Testing Services, Stability Testing, Microbial Testing Services, Other Types
2) By End User: Pharmaceutical And Biopharmaceutical Companies, Medical Device Companies, Contract Research Organizations

Subsegments:
1) By Bioanalytical Testing Services: Pharmacokinetics Testing, Biomarker Analysis
2) By Physical Characterization Services: Particle Size Analysis, Surface Area Analysis
3) By Method Development and Validation Testing Services: Analytical Method Development, Method Validation
4) By Raw Material Testing Services: Identity Testing, Purity Testing,
5) By Batch-Release Testing Services: Quality Control Testing, Compliance Testing, Stability Testing
6) By Stability Testing: Accelerated Stability Testing, Long-Term Stability Testing
7) By Microbial Testing Services: Sterility Testing, Endotoxin Testing
8) By Other Types: Residual Solvent Testing, Extractables And Leachable Testing

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Which geographical regions are pioneering growth in the healthcare analytical testing services market?
North America was the largest region in the healthcare analytical testing services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare analytical testing services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the influential players reshaping the healthcare analytical testing services market landscape?
Major companies operating in the healthcare analytical testing services market include Almac Group, ALS Limited, Anacura Life Sciences, Charles River Laboratories International Inc., Danaher Corporation, Element Materials Technology Group, Eurofins Scientific SE, ICON plc, Impact Analytical Testing Lab, Intertek Group plc, Merck KGaA, Pace Analytical Services LLC, PPD Inc., Sartorius AG, SourceBio International plc, Steris Corporation, Syneos Health Inc., Thermo Fisher Scientific Inc., WuXi AppTec, Analytical Bio-Chemistry (ABC) Laboratories, Avance Biosciences, Avista Pharma Solutions, Avomeen Analytical Services, BioPharma Services Inc., Boston Analytical, Exova, Laboratory Corporation, MedPharm Inc., Micro Quality Labs, Microbac Laboratories, Microbac Laboratories Inc., Nelson Laboratories LLC, Pacific Biolabs Inc., PPD Inc.

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What Is Covered In The Healthcare Analytical Testing Services Global Market Report?

•Market Size Forecast: Examine the healthcare analytical testing services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the healthcare analytical testing services market for a structured understanding.
•Key Players Overview: Analyze major players in the healthcare analytical testing services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the healthcare analytical testing services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the healthcare analytical testing services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the healthcare analytical testing services market.
•Industry Challenges: Identify potential risks and obstacles affecting the healthcare analytical testing services market.
•Competitive Landscape: Review strategic developments in the healthcare analytical testing services market, including expansions, agreements, and new product launches.

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