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Report
Bioanalytical Testing Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 140 Pages I IMARC Group
The global bioanalytical testing services market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.5% during 2022-2028.
Bioanalytical testing services are used for the quantitative determination of drugs concentration and their metabolites and pharmacodynamic biomarkers in biological fluids. These services include method validation for ensuring results that demonstrate accuracy, precision, selectivity, and stability and assure the accuracy of sample analysis results. Nowadays, they rely on developed and validated methods for detecting analytes and metabolites in a diversity of complex biological matrices. Some of these matrices are urine, serum, blood, saliva, plasma, breast milk, cell lysates, cell culture media, tissue homogenates, cerebrospinal fluid (CSF), and wastewater from pharmaceutical production.
Bioanalytical Testing Services Market Trends:
The increasing occurrence of chronic health conditions worldwide on account of sedentary lifestyles and increasing consumption of fast food, along with the rising preferences for personalized medical treatments, represents one of the key factors influencing the market positively. Additionally, biopharmaceutical companies are using bioanalytical testing services for validation of assays and drug development at both preclinical and clinical stages. Moreover, the global transmission of the coronavirus disease (COVID-19) and the lack of effective vaccines and treatments are driving the need for widespread screening and early detection. This has increased the usage of bioanalytical testing services for point-of-care (POC) diagnostic and controlling the spread and minimizing the resultant health and societal impact of the infection. Apart from this, several companies are incorporating a wide range of innovative techniques to offer rapid high-volume analyses. These techniques generally include mass spectrometry, immunochemistry, Ultra-Performance Liquid Chromatography (UPLC), automated sample preparation using robotics or turbulent flow, and large sample storage combined with bar code systems. This, in confluence with the improving healthcare infrastructure, is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bioanalytical testing services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on molecule type, test type and workflow.
Breakup by Molecule Type:
Small Molecule
Large Molecule
LC-MS Studies
Immunoassays
Others
Breakup by Test Type:
ADME
In-Vivo
In-Vitro
PK
PD
Bioavailability
Bioequivalence
Others
Breakup by Workflow:
Sample Preparation
Protein Precipitation
Liquid-Liquid Extraction
Solid Phase Extraction
Sample Analysis
Hyphenated Technique
Chromatographic Technique
Electrophoresis
Ligand Binding Assay
Mass Spectrometry
Nuclear Magnetic Resonance
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Almac Group, Charles River Laboratories International Inc., Frontage Laboratories Inc., ICON plc, Intertek Group plc, Laboratory Corporation of America Holdings, Pace Analytical Services LLC, PPD Inc., PRA Health Sciences, SGS SA, Syneos Health and Toxikon Corporation.
Key Questions Answered in This Report
1. What was the size of the global bioanalytical testing services market in 2022?
2. What is the expected growth rate of the global bioanalytical testing services market during 2023-2028?
3. What has been the impact of COVID-19 on the global bioanalytical testing services market?
4. What are the key factors driving the global bioanalytical testing services market?
5. What is the breakup of the global bioanalytical testing services market based on the molecule type?
6. What is the breakup of the global bioanalytical testing services market based on the test type?
7. What is the breakup of the global bioanalytical testing services market based on the workflow?
8. What are the key regions in the global bioanalytical testing services market?
9. Who are the key players/companies in the global bioanalytical testing services market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Bioanalytical Testing Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Molecule Type
6.1 Small Molecule
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Large Molecule
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 LC-MS Studies
6.2.2.2 Immunoassays
6.2.2.3 Others
6.2.3 Market Forecast
7 Market Breakup by Test Type
7.1 ADME
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 In-Vivo
7.1.2.2 In-Vitro
7.1.3 Market Forecast
7.2 PK
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 PD
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Bioavailability
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Bioequivalence
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Workflow
8.1 Sample Preparation
8.1.1 Market Trends
8.1.2 Key Segments
8.1.2.1 Protein Precipitation
8.1.2.2 Liquid-Liquid Extraction
8.1.2.3 Solid Phase Extraction
8.1.3 Market Forecast
8.2 Sample Analysis
8.2.1 Market Trends
8.2.2 Key Segments
8.2.2.1 Hyphenated Technique
8.2.2.2 Chromatographic Technique
8.2.2.3 Electrophoresis
8.2.2.4 Ligand Binding Assay
8.2.2.5 Mass Spectrometry
8.2.2.6 Nuclear Magnetic Resonance
8.2.3 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Almac Group
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 SWOT Analysis
14.3.2 Charles River Laboratories International Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Frontage Laboratories Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 ICON plc
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Intertek Group plc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Laboratory Corporation of America Holdings
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Pace Analytical Services LLC
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 PPD Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 PRA Health Sciences
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 SWOT Analysis
14.3.10 SGS SA
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.11 Syneos Health
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Toxikon Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
Figure 1: Global: Bioanalytical Testing Services Market: Major Drivers and Challenges
Figure 2: Global: Bioanalytical Testing Services Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Bioanalytical Testing Services Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Bioanalytical Testing Services Market: Breakup by Molecule Type (in %), 2022
Figure 5: Global: Bioanalytical Testing Services Market: Breakup by Test Type (in %), 2022
Figure 6: Global: Bioanalytical Testing Services Market: Breakup by Workflow (in %), 2022
Figure 7: Global: Bioanalytical Testing Services Market: Breakup by Region (in %), 2022
Figure 8: Global: Bioanalytical Testing Services (Small Molecule) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Bioanalytical Testing Services (Small Molecule) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Bioanalytical Testing Services (Large Molecule) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Bioanalytical Testing Services (Large Molecule) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Bioanalytical Testing Services (ADME) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Bioanalytical Testing Services (ADME) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Bioanalytical Testing Services (PK) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Bioanalytical Testing Services (PK) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Bioanalytical Testing Services (PD) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Bioanalytical Testing Services (PD) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Bioanalytical Testing Services (Bioavailability) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Bioanalytical Testing Services (Bioavailability) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Bioanalytical Testing Services (Bioequivalence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Bioanalytical Testing Services (Bioequivalence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Bioanalytical Testing Services (Other Test Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Bioanalytical Testing Services (Other Test Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Bioanalytical Testing Services (Sample Preparation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Bioanalytical Testing Services (Sample Preparation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Bioanalytical Testing Services (Sample Analysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Bioanalytical Testing Services (Sample Analysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Bioanalytical Testing Services (Other Workflows) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Bioanalytical Testing Services (Other Workflows) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Bioanalytical Testing Services Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Bioanalytical Testing Services Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Bioanalytical Testing Services Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Bioanalytical Testing Services Industry: SWOT Analysis
Figure 80: Global: Bioanalytical Testing Services Industry: Value Chain Analysis
Figure 81: Global: Bioanalytical Testing Services Industry: Porter's Five Forces Analysis
Table 1: Global: Bioanalytical Testing Services Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Bioanalytical Testing Services Market Forecast: Breakup by Molecule Type (in Million US$), 2023-2028
Table 3: Global: Bioanalytical Testing Services Market Forecast: Breakup by Test Type (in Million US$), 2023-2028
Table 4: Global: Bioanalytical Testing Services Market Forecast: Breakup by Workflow (in Million US$), 2023-2028
Table 5: Global: Bioanalytical Testing Services Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Bioanalytical Testing Services Market: Competitive Structure
Table 7: Global: Bioanalytical Testing Services Market: Key Players
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