Bioanalytical Testing Services Market to See Major Growth by 2025 | Charles River Laboratories International, BioReliance, WuXi PharmaTech

The Bioanalytical Testing Services Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

Major Players are:

Charles River Laboratories International Inc. (United States), BioReliance Corporation (United States), WuXi PharmaTech (Cayman) Inc. (China), Bioclin Research Laboratories (Ireland), Eurofins Scientific SE (Luxembourg), SGS (Switzerland), Merck Group (Germany) , LabCorp (United States), PPD Inc. (United States), Bioanalytical Technologies Private Limited (India), Intertek Group Plc. (United Kingdom), PRA Health Sciences (United States), Parexel International (United States) ,

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Definition:

Bioanalytical testing services refers to analytical method used for the analysis of biological products for drug development, commercialization of drugs, and drug discovery at clinical or preclinical stage. The uses of this testing method are in bioavailability, pharmacology, studies of toxicology and various others to determine drug quantity while leaving out quality parameters. Considering the need for early disease detection amid rise in number of chronic diseases, bioanalysis becomes important which attracted huge investment in its developments of late. Further, Bioanalytical testing services market has high growth prospects owing to increasing number of patients with chronic diseases. For instance, according to World Health Organization (WHO) cancer is the second leading cause of death and led to 9.6 million deaths globally in 2018.

In 2018 SGS SA, a biopharmaceutical analytical and bioanalytical contract solutions provider invested USD 3.94 million in a new two phase expansion project at its laboratory in Poitiers, France to expand their bioanalytical testing capabilities.

Market Trends:

Emphasizing On Liquid Chromatography-Mass Spectrometry [LC/MS/MS] Analytical Technique for Performing Bioanalytical Testing

Increasing Demand for Bioanalytical Testing For Large-Molecule Drugs

 

Market Drivers:

Growth in the Biopharmaceutical Industry

Increasing Adoption of Outsourcing R&D Activities by the Pharmaceutical Companies

 

Years considered for this report:

  • Historical Years: 2015-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2020-2027

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Current Scenario Analysis for Decision Framework

Key Strategic Developments in Bioanalytical Testing Services Market:

The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.

Key Market Features in Global Bioanalytical Testing Services Market

The report highlights Bioanalytical Testing Services market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Bioanalytical Testing Services market share and annualized growth rate (Y-o-Y) and Periodic CAGR.

Significant Facets concerning the Report:

– Bioanalytical Testing Services Market Summary

-Fiscal Effect on Economy

-Bioanalytical Testing Services Market Competition

-Bioanalytical Testing Services Market Analysis by Application

-Industrial Chain, Down-stream Buyers and Sourcing Strategy

-Distributors/Traders, Marketing Strategy Analysis

-Facets, Market Effect, Diagnosis

-Market Forecast

-The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Bioanalytical Testing Services Market have also been included in the study.

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Extract from Table of Content:

Chapter 01 – Executive Summary

1.1 360 Degree Synopsis

1.2 Market value (US$ million).

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

3.1 Strategies adopted by key market participants and factors that have turned into success.

3.2 Additional viewpoint on global average pricing analysis benchmark, and consumer’s sentiments’ analysis.

Chapter 04 – Covid-19 Crisis Analysis on Bioanalytical Testing Services Market

Chapter 05 – Global Bioanalytical Testing Services Market – Pricing Analysis

Chapter 06 – Bioanalytical Testing Services Market Background

6.1 Macroeconomic factors affecting the Bioanalytical Testing Services market

6.2 Explore supply chain and value chain analysis.

6.3 In-depth information about the market dynamics and their consequences.

Chapter 07 — Bioanalytical Testing Services Market Segmentation

Chapter 08 – Key and Emerging Countries Analysis in Bioanalytical Testing Services Market

Chapter 09 – Bioanalytical Testing Services Market Structure Analysis

Chapter 10 – Bioanalytical Testing Services Market Competitive Analysis

10.1 Market Concentration Rate
10.2
 Competition Scenario: BCG Matrix [Relative Market Share v/s Revenue Growth Rate]
10.3
 Heat Map Analysis
10.4
 Comparative Market Share Analysis by Players (2018-2019) Rank, [% Market Share, Market Revenue]

Chapter 11 – Assumptions and Acronyms

Chapter 12 – Research Methodology

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Key Questions Addressed in the Report

  • Who are the top 20 players operating in the Bioanalytical Testing Services market?
  • What covers the drivers, restraints, opportunities, and challenges in the Bioanalytical Testing Services industry?
  • What are the growth trends in the market at the segmental and overall market levels?
  • Which are the untapped emerging regions in the Bioanalytical Testing Services market?
  • What are the recent application areas in the market?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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