Analytical Laboratory Services Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Analytical Laboratory Services Market : Test Type (Batch Release Testing, Stability Testing, Raw Material Testing, Physical Characterization, Method Validation, Microbial Testing, Environmental Monitoring, Bioanalytical Testing, Others), Technology (Mass Spectrometry, UPLC technology, Immunochemistry, Turbulent Flow Technology), End-Use (Pharma & Biopharma Companies, CRO, CDMO, Others) and Geography

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Report

Description

Analytical Laboratory Services Market size is valued at USD 351.7 Million in 2021 and is expected to reach a value of USD 707.5 Million by 2028, growing at a CAGR of ~10% during the forecast period 2022 to 2028. The global market provides a detailed overview of the analytical laboratory services market and that can be segmented by test type, technology, and end-user. By test type, this market has been segmented into batch release testing, stability testing, raw material testing, physical characterization, method validation, microbial testing, environmental monitoring, bioanalytical testing, and others. The batch release testing segment is likely to be the largest and fastest-growing segment in terms of test type. Based on technology, this market is segmented into mass spectrometry, UPLC technology, immunochemistry and turbulent flow technology. Among these, the mass spectrometry segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on end user, the analytical laboratory services market is segmented into pharma & biopharma companies, CRO, CDMO, and others. The Pharma & Biopharma Companies segment accounts for the largest share in 2021. CRO segment has the second-largest share during the forecast period 2022-2028.

Analytical Laboratory Services Market

MARKET SUMMARY
-
10% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 10%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia-Pacific

Analytical Laboratory Services Market

  • The Analytical Laboratory Services Market report gives comprehensive outlook on semen analysis across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The Analytical Laboratory Services Market report gives historical, current, and future market sizes (US$ Mn) on the basis of By Test Type, By Technology, By End-User, By Region.
Key Players
  • ALS LIMITED
  • BIOAGILYTIX LABS
  • Evotec SC
  • FRONTAGE LABS
  • Icon Plc
  • Charles River Laboratories
  • SGS SA
DRIVERS

Analytical Laboratory Services Market

The major factors influencing the growth of the market are rising public health expenditure on drugs and other medical devices, testing capabilities, government initiatives to strengthen analytics, an increasing number of drug approvals and clinical trials, and rising demand for specialized analytical testing services. The market is influenced by the fast-growing pharmaceutical industry, which has an expanding number of highly competitive and fragmented pharmaceutical enterprises.


Asia Pacific Market Got Significant Share

Analytical Laboratory Services Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period due to the region's rapidly rising pharmaceutical industry, higher government healthcare expenditures. Moreover, highly fragmented pharmaceutical companies and increased government spending to establish new laboratories in emerging countries are other factors responsible for the market growth.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The analytical laboratory services market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The analytical laboratory services market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The analytical laboratory services market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The analytical laboratory services market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The analytical laboratory services market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Analytical Laboratory Services Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Analytical Laboratory Services Market is projected to expand at a CAGR of 10% during the forecast period.

The major players in the global analytical laboratory services market are ALS LIMITED, BIOAGILYTIX LABS, Evotec SC, FRONTAGE LABS, Icon Plc, Charles River Laboratories, SGS SA, COVANCE (A SUBSIDIARY OF LABORATORY CORPORATION OF AMERICA HOLDINGS), Wuxi Apptec, Syneos Health, Intertek Group Plc, MEDPACE, Toxikon, VXP PHARMA, INC., PACE ANALYTICAL SERVICES, LLC, Q2 SOLUTIONS (A SUBSIDIARY OF IQVIA), SHANGHAI MEDICILON INC. and SOLVIAS AG.

Asia Pacific is the fastest-growing region for Analytical Laboratory Services Market


Report

Table Of Content

1. Executive Summary
2. Global Analytical Laboratory Services Market Introduction
2.1. Global Analytical Laboratory Services Market – Taxonomy
2.2. Global Analytical Laboratory Services Market –Definitions
2.2.1. Test Type
2.2.2. Technology
2.2.3. End-Use
2.2.4. By Region
3. Global Analytical Laboratory Services Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Analytical Laboratory Services Market Dynamic Factors – Impact Analysis
3.6. Global Analytical Laboratory Services Market – Competition Landscape
4. Global Analytical Laboratory Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Analytical Laboratory Services Market, By Test Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Batch Release Testing
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Stability Testing
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Raw Material Testing
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Physical Characterization
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Method Validation
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Microbial Testing
5.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Environmental Monitoring
5.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
5.8. Bioanalytical Testing
5.8.1. PK/PD Test
5.8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.1.3. Market Opportunity Analysis
5.8.2. Bioavailability Test
5.8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.2.3. Market Opportunity Analysis
5.8.3. Bioequivalence Test
5.8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.3.3. Market Opportunity Analysis
5.9. Others
5.9.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.9.3. Market Opportunity Analysis
6. Global Analytical Laboratory Services Market, By Technology, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Mass Spectrometry
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. UPLC technology
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Immunochemistry
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Turbulent Flow Technology
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Analytical Laboratory Services Market, By End-Use, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. Pharma & Biopharma Companies
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. CRO
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. CDMO
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Others
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global Analytical Laboratory Services Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Analytical Laboratory Services Market – Opportunity Analysis Index, By Test Type, By Technology, By End-Use, and Region, 2022 – 2028
9. North America Analytical Laboratory Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Test Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Batch Release Testing
9.1.2. Stability Testing
9.1.3. Raw Material Testing
9.1.4. Physical Characterization
9.1.5. Method Validation
9.1.6. Microbial Testing
9.1.7. Environmental Monitoring
9.1.8. Bioanalytical Testing
9.1.8.1. PK/PD Test
9.1.8.2. Bioavailability Test
9.1.8.3. Bioequivalence Test
9.1.9. Others
9.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Mass Spectrometry
9.2.2. UPLC technology
9.2.3. Immunochemistry
9.2.4. Turbulent Flow Technology
9.3. End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Pharma & Biopharma Companies
9.3.2. CRO
9.3.3. CDMO
9.3.4. Others
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Analytical Laboratory Services Market – Opportunity Analysis Index, By Test Type, By Technology, By End-Use and Country, 2022 – 2028
9.6. North America Analytical Laboratory Services Market Dynamics – Trends
10. Europe Analytical Laboratory Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Test Type of service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Batch Release Testing
10.1.2. Stability Testing
10.1.3. Raw Material Testing
10.1.4. Physical Characterization
10.1.5. Method Validation
10.1.6. Microbial Testing
10.1.7. Environmental Monitoring
10.1.8. Bioanalytical Testing
10.1.8.1. PK/PD Test
10.1.8.2. Bioavailability Test
10.1.8.3. Bioequivalence Test
10.1.9. Others
10.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Mass Spectrometry
10.2.2. UPLC technology
10.2.3. Immunochemistry
10.2.4. Turbulent Flow Technology
10.3. End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Pharma & Biopharma Companies
10.3.2. CRO
10.3.3. CDMO
10.3.4. Others
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Analytical Laboratory Services Market – Opportunity Analysis Index, By Test Type, Technology, End-Use, and Country, 2022 – 2028
10.6. Europe Analytical Laboratory Services Market Dynamics – Trends
11. Asia-Pacific Analytical Laboratory Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Test Type of service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Batch Release Testing
11.1.2. Stability Testing
11.1.3. Raw Material Testing
11.1.4. Physical Characterization
11.1.5. Method Validation
11.1.6. Microbial Testing
11.1.7. Environmental Monitoring
11.1.8. Bioanalytical Testing
11.1.8.1. PK/PD Test
11.1.8.2. Bioavailability Test
11.1.8.3. Bioequivalence Test
11.1.9. Others
11.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Mass Spectrometry
11.2.2. UPLC technology
11.2.3. Immunochemistry
11.2.4. Turbulent Flow Technology
11.3. End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Pharma & Biopharma Companies
11.3.2. CRO
11.3.3. CDMO
11.3.4. Others
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Analytical Laboratory Services Market – Opportunity Analysis Index, By Test Type, By Technology, By End-Use, and Country, 2022 – 2028
11.6. Asia-Pacific Analytical Laboratory Services Market Dynamics – Trends
12. Latin America Analytical Laboratory Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Test Type of service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Batch Release Testing
12.1.2. Stability Testing
12.1.3. Raw Material Testing
12.1.4. Physical Characterization
12.1.5. Method Validation
12.1.6. Microbial Testing
12.1.7. Environmental Monitoring
12.1.8. Bioanalytical Testing
12.1.8.1. PK/PD Test
12.1.8.2. Bioavailability Test
12.1.8.3. Bioequivalence Test
12.1.9. Others
12.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Mass Spectrometry
12.2.2. UPLC technology
12.2.3. Immunochemistry
12.2.4. Turbulent Flow Technology
12.3. End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Pharma & Biopharma Companies
12.3.2. CRO
12.3.3. CDMO
12.3.4. Others
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Analytical Laboratory Services Market – Opportunity Analysis Index, By Test Type, By Technology, By End-Use, and Country, 2022 – 2028
12.6. Latin America Analytical Laboratory Services Market Dynamics – Trends
13. Middle East and Africa Analytical Laboratory Services Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Test Type of service Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Batch Release Testing
13.1.2. Stability Testing
13.1.3. Raw Material Testing
13.1.4. Physical Characterization
13.1.5. Method Validation
13.1.6. Microbial Testing
13.1.7. Environmental Monitoring
13.1.8. Bioanalytical Testing
13.1.8.1. PK/PD Test
13.1.8.2. Bioavailability Test
13.1.8.3. Bioequivalence Test
13.1.9. Others
13.2. Technology Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Mass Spectrometry
13.2.2. UPLC technology
13.2.3. Immunochemistry
13.2.4. Turbulent Flow Technology
13.3. End-Use Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Pharma & Biopharma Companies
13.3.2. CRO
13.3.3. CDMO
13.3.4. Others
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Analytical Laboratory Services Market – Opportunity Analysis Index, By Test Type, By Technology, By End-Use and Country, 2022 – 2028
13.6. MEA Analytical Laboratory Services Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. ALS LIMITED
14.2.2. BIOAGILYTIX LABS
14.2.3. Evotec SC
14.2.4. FRONTAGE LABS
14.2.5. Icon Plc
14.2.6. Charles River Laboratories
14.2.7. SGS SA
14.2.8. COVANCE (A SUBSIDIARY OF LABORATORY CORPORATION OF AMERICA HOLDINGS)
14.2.9. Wuxi Apptec
14.2.10. Syneos Health
14.2.11. Intertek Group Plc
14.2.12. MEDPACE
14.2.13. Toxikon
14.2.14. VXP PHARMA, INC.
14.2.15. PACE ANALYTICAL SERVICES, LLC
14.2.16. Q2 SOLUTIONS (A SUBSIDIARY OF IQVIA)
14.2.17. SHANGHAI MEDICILON INC.
14.2.18. SOLVIAS AG
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • ALS LIMITED
  • BIOAGILYTIX LABS
  • Evotec SC
  • FRONTAGE LABS
  • Icon Plc
  • Charles River Laboratories
  • SGS SA
  • COVANCE (A SUBSIDIARY OF LABORATORY CORPORATION OF AMERICA HOLDINGS)
  • Wuxi Apptec
  • Syneos Health
  • Intertek Group Plc
  • MEDPACE
  • Toxikon
  • VXP PHARMA, INC.
  • PACE ANALYTICAL SERVICES, LLC
  • Q2 SOLUTIONS (A SUBSIDIARY OF IQVIA)
  • SHANGHAI MEDICILON INC.
  • SOLVIAS AG

Description

Analytical Laboratory Services Market size is valued at USD 351.7 Million in 2021 and is expected to reach a value of USD 707.5 Million by 2028, growing at a CAGR of ~10% during the forecast period 2022 to 2028. The global market provides a detailed overview of the analytical laboratory services market and that can be segmented by test type, technology, and end-user. By test type, this market has been segmented into batch release testing, stability testing, raw material testing, physical characterization, method validation, microbial testing, environmental monitoring, bioanalytical testing, and others. The batch release testing segment is likely to be the largest and fastest-growing segment in terms of test type. Based on technology, this market is segmented into mass spectrometry, UPLC technology, immunochemistry and turbulent flow technology. Among these, the mass spectrometry segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on end user, the analytical laboratory services market is segmented into pharma & biopharma companies, CRO, CDMO, and others. The Pharma & Biopharma Companies segment accounts for the largest share in 2021. CRO segment has the second-largest share during the forecast period 2022-2028.

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