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Global Pharmaceutical Analytical Testing Outsourcing Market Size, Share & Trends Analysis Report by Service (Bioanalytical, Stability Testing), by Region (North America, APAC), and Segment Forecasts, 2021-2028

  • ID: 4764564
  • Report
  • January 2021
  • Region: Global
  • 92 pages
  • Grand View Research

FEATURED COMPANIES

  • Boston Analytical
  • Boston Analytical
  • Eurofins Scientific
  • Intertek Group Plc
  • SGS SA
  • Toxikon, Inc.
The global pharmaceutical analytical testing outsourcing market size is expected to reach USD 12.4 billion by 2028 registering a CAGR of 8.3%. Increasing pipelines for biological candidates along with rising demand for additional analytical details on drugs as well as process development by regulatory agencies are boosting the market growth. Analytical testing helps in providing real-time product quality control along with optimizing & monitoring processes, characterize biosimilar & biologics, and improving productivity. One of the main reasons for outsourcing analytical testing services is to access skilled & experienced expertise, as well as expensive analytical equipment not available in-house.



Increasing R&D investments is one of the critical sustainability strategies. Not all companies have an infrastructure that is compatible with all types of analytical testing. Hence, outsourcing these operations is the most suitable option, which also helps save time and cost. A patent cliff largely for small molecules with the pharmaceutical industry has led to a huge dent in the pharma’s profits. In the coming years, several best-selling drugs are coming towards the end of patent life including Humira. Drug innovators are under constant pressure to launch new products. Developing advanced analytical testing to assess & monitor the quality attributes of these requires a broader set of equipment & expertise, which is beyond the internal capacity of pharma companies.

The market is developing due to increasing competition in the pharmaceutical and biopharmaceutical markets for disease-specific drugs. Most pharmaceutical manufacturing companies rely on analytical testing to help and improve productivity, optimize and monitor processes, and offer real-time product quality control. Due to this, there is an increasing demand for analytical testing outsourcing services. Hence the market is expected to show lucrative growth over the forecast period. Outsourcing of analytical testing services allows companies to handle more complex activities and focus on their core competencies. This offers cost savings by letting medical companies evade building specialized facilities and hiring staff. Pharmaceutical analytical testing includes the identification and quantification of components in therapeutic solutions or drugs.

The nature of Covid-19 transmission has led several laboratory staff members to face uncertainties, such as fears of contracting the infection along with other biosafety concerns. Thus, reduced manpower and increasing focus on the development of vaccines & therapies against Covid-19 are anticipated to negatively impact the turnaround time for routine tests. The large number of R&D activities, clinical trials, and diagnostic procedures being conducted to counteract Covid-19 is anticipated to increase the demand for analytical testing services since several pharmaceutical companies are now focusing on their core competencies and outsourcing non-core functions to increase their productivity & operational efficiency.

Pharmaceutical Analytical Testing Outsourcing Market Report Highlights

  • The bioanalytical testing segment led the global market in 2020 accounting for the largest revenue share due to the high number of clinical trial registrations and entry of new participants within the market space
  • The segment is also expected to register the fastest CAGR over the forecast period owing to growing R&D expenditure by pharmaceutical companies and preference for outsourcing bioanalytical testing
  • The extractable and leachable services in the method development and validation segment is expected to dominate the market and register the fastest CAGR owing to an increasing number of vendors offering these services at competitive prices
  • Asia Pacific is anticipated to be the fastest-growing regional market from 2021 to 2028 due to low-cost service offering by the third-party service providers in the region

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Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Boston Analytical
  • Boston Analytical
  • Eurofins Scientific
  • Intertek Group Plc
  • SGS SA
  • Toxikon, Inc.
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Service
1.1.2. Regional scope
1.1.3. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis (Model 1)
1.6.1.1. Approach 1: Commodity flow approach
1.6.2. Volume price analysis (Model 2)
1.6.2.1. Approach 2: Volume price analysis
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
1.9.1. Objective 1: Understanding the market dynamics
1.9.2. Objective 2: Understanding the market estimates and forecasts
1.9.3. Objective 3: Understanding the attributes such as strategy framework, competitor categorization
1.9.4. Objective 4: Understanding the key product and application scopes to conclude on the market size

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Pharmaceutical Analytical Testing Outsourcing Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Innovation
3.3.1.2. Regulation safety and quality
3.3.1.3. End-users volume
3.3.1.4. Pricing
3.3.2. Market Restraint Analysis
3.3.2.1. Data insecurity
3.3.2.2. Third party performance
3.3.3. Industry Challenges
3.4. Pharmaceutical Analytical Testing Outsourcing: Market Analysis Tools
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier Power
3.4.1.2. Buyer Power
3.4.1.3. Substitution Threat
3.4.1.4. Threat from new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political Landscape
3.4.2.2. Environmental Landscape
3.4.2.3. Social Landscape
3.4.2.4. Technology Landscape
3.4.2.5. Legal Landscape
3.4.3. Major Deals & Strategic Alliances Analysis

Chapter 4. Pharmaceutical Analytical Testing Outsourcing Market: Segment Analysis, by Service, 2016 - 2028 (USD Million)
4.1. Segment Dashboard
4.2. Definitions & Scope
4.3. Service Market Share Analysis, 2020 & 2028
4.4. Global Pharmaceutical Analytical Testing Outsourcing Market, By Service, 2016 to 2028
4.5. Market Size & Forecasts And Trend Analysis, 2016 to 2028 for the following
4.5.1. Bioanalytical Testing
4.5.1.1. Clinical
4.5.1.2. Non-clinical
4.5.2. Method Development & Validation
4.5.2.1. ExtracTable & Leachable
4.5.2.2. Impurity Method
4.5.2.3. Technical Consulting
4.5.2.4. Others
4.5.3. Stability Testing
4.5.3.1. Drug Substance
4.5.3.2. Stability Indicating Method Validation
4.5.3.3. Accelerated Stability Testing
4.5.3.4. Photostability Testing
4.5.3.5. Others
4.5.4. Others

Chapter 5. Pharmaceutical Analytical Testing Outsourcing Market: Regional Market Analysis, by Service, 2016 - 2028 (USD Million)
5.1. Regional Market Dashboard
5.2. Regional Market Share Analysis, 2020 & 2028
5.3. Market Size, & Forecasts, And Trend Analysis, 2016 to 2028:
5.4. North America
5.4.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
5.4.2. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.4.3. The U.S.
5.4.3.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.4.4. Canada
5.4.4.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5. Europe
5.5.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
5.5.2. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.3. The U.K.
5.5.3.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.4. Germany
5.5.4.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.5. France
5.5.5.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.6. Italy
5.5.6.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.7. Spain
5.5.7.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.8. Russia
5.5.8.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.9. Turkey
5.5.9.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.10. The Netherlands
5.5.10.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.11. Switzerland
5.5.11.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.5.12. Sweden
5.5.12.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6. Asia Pacific
5.6.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
5.6.2. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.3. China
5.6.3.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.4. Japan
5.6.4.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.5. India
5.6.5.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.6. Australia
5.6.6.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.7. South Korea
5.6.7.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.8. Indonesia
5.6.8.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.9. Malaysia
5.6.9.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.10. Singapore
5.6.10.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.11. Thailand
5.6.11.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.6.12. Taiwan
5.6.12.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.7. Latin America
5.7.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
5.7.2. Brazil
5.7.2.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.7.3. Mexico
5.7.3.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.7.4. Argentina
5.7.4.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.7.5. Colombia
5.7.5.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.7.6. Chile
5.7.6.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.8. Middle East & Africa
5.8.1. Market estimates and forecast, by country, 2016 - 2028 (USD Million)
5.8.2. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.8.3. South Africa
5.8.3.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.8.4. Saudi Arabia
5.8.4.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.8.5. UAE
5.8.5.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.8.6. Egypt
5.8.6.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)
5.8.7. Israel
5.8.7.1. Market estimates and forecast, by service, 2016 - 2028 (USD Million)

Chapter 6. Pharmaceutical Analytical Testing Outsourcing Market - Competitive Analysis
6.1. Key companies profiled
6.1.1. SGS SA
6.1.1.1. Company overview
6.1.1.2. Financial performance
6.1.1.3. Product benchmarking
6.1.1.4. Strategic initiatives
6.1.2. Toxikon, Inc.
6.1.2.1. Company overview
6.1.2.2. Financial performance
6.1.2.3. Product benchmarking
6.1.2.4. Strategic initiatives
6.1.3. Eurofins Scientific
6.1.3.1. Company overview
6.1.3.2. Financial performance
6.1.3.3. Product benchmarking
6.1.3.4. Strategic initiatives
6.1.4. Pace Analytical Services, Inc.
6.1.4.1. Company overview
6.1.4.2. Financial performance
6.1.4.3. Product benchmarking
6.1.4.4. Strategic initiatives
6.1.5. Intertek Group Plc
6.1.5.1. Company overview
6.1.5.2. Financial performance
6.1.5.3. Product benchmarking
6.1.5.4. Strategic initiatives
6.1.6. Pharmaceutical Product Development, LLC.
6.1.6.1. Company overview
6.1.6.2. Financial performance
6.1.6.3. Product benchmarking
6.1.6.4. Strategic initiatives
6.1.7. WuXi AppTec, Inc.
6.1.7.1. Company overview
6.1.7.2. Financial performance
6.1.7.3. Product benchmarking
6.1.7.4. Strategic initiatives
6.1.8. Boston Analytical
6.1.8.1. Company overview
6.1.8.2. Financial performance
6.1.8.3. Product benchmarking
6.1.8.4. Strategic initiatives
6.1.9. Boston Analytical
6.1.9.1. Company overview
6.1.9.2. Financial performance
6.1.9.3. Product benchmarking
6.1.9.4. Strategic initiatives
6.1.10. Charles River Laboratories International, Inc.
6.1.10.1. Company overview
6.1.10.2. Financial performance
6.1.10.3. Product benchmarking
6.1.10.4. Strategic initiatives
6.1.11. West Pharmaceutical Services Inc.
6.1.11.1. Company overview
6.1.11.2. Financial performance
6.1.11.3. Product benchmarking
6.1.11.4. Strategic initiatives

List of Tables
1. List of secondary sources
2. List of abbreviations
3. Global pharmaceutical analytical testing outsourcing market, by region, 2016 - 2028 (USD Million)
4. Global pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
5. North America pharmaceutical analytical testing outsourcing market, by country, 2016 - 2028 (USD Million)
6. North America pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
7. The U.S. pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
8. Canada pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
9. Europe pharmaceutical analytical testing outsourcing market, by region, 2016 - 2028 (USD Million)
10. Europe pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
11. The U.K. pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
12. Germany pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
13. France pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
14. Italy pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
15. Spain pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
16. Russia pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
17. Turkey pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
18. The Netherlands pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
19. Switzerland pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
20. Sweden pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
21. Asia Pacific pharmaceutical analytical testing outsourcing market, by region, 2016 - 2028 (USD Million)
22. Asia Pacific pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
23. Japan pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
24. China pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
25. India pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
26 Australia pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
27. South Korea pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
28. Indonesia pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
29. Malaysia pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
30. Singapore pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
31. Thailand pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
32. Taiwan pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
33. Latin America pharmaceutical analytical testing outsourcing market, by region, 2016 - 2028 (USD Million)
34. Latin America pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
35. Brazil pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
36. Mexico pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
37. Argentina pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
38. Colombia pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
39. Chile pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
40. MEA pharmaceutical analytical testing outsourcing market, by region, 2016 - 2028 (USD Million)
41. MEA pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
42. South Africa pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
43. Saudi Arabia pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
44. UAE pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
45. Egypt pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)
46. Israel pharmaceutical analytical testing outsourcing market, by service, 2016 - 2028 (USD Million)

List of Figures
1. Market research process
2. Data triangulation techniques
3. Primary research pattern
4. Market research approaches
5. Value-chain-based sizing & forecasting
6. QFD modeling for market share assessment
7. Market formulation & validation
8. Pharmaceutical analytical testing outsourcing market :Market snapshot
9. Pharmaceutical analytical testing outsourcing market :Market segmentation
10. Pharmaceutical analytical testing outsourcing market Strategy framework
11. Parent market outlook
12. Related/ancillary market outlook
13. Pharmaceutical analytical testing outsourcing market driver impact
14. Pharmaceutical analytical testing outsourcing market restraint impact
15. Pharmaceutical analytical testing outsourcing market porter’s five forces analysis
16. Pharmaceutical analytical testing outsourcing market PESTEL analysis
17. Pharmaceutical analytical testing outsourcing market segment dashboard
18. Pharmaceutical analytical testing outsourcing market: service movement Analysis
19. Bioanalytical testing market estimates and forecast, 2016 - 2028 (USD Million)
20. Clinical market estimates and forecast, 2016 - 2028 (USD Million)
21. Non-clinical market estimates and forecast, 2016 - 2028 (USD Million)
22. Method development & validation market estimates and forecast, 2016 - 2028 (USD Million)
23. ExtracTable & leachable market estimates and forecast, 2016 - 2028 (USD Million)
24. Impurity method market estimates and forecast, 2016 - 2028 (USD Million)
25. Technical consulting market estimates and forecast, 2016 - 2028 (USD Million)
26. Others market estimates and forecast, 2016 - 2028 (USD Million)
27. Stability testing market estimates and forecast, 2016 - 2028 (USD Million)
28. Drug substance market estimates and forecast, 2016 - 2028 (USD Million)
29. Stability indicating method validation market estimates and forecast, 2016 - 2028 (USD Million)
30. Accelerated stability testing market estimates and forecast, 2016 - 2028 (USD Million)
31. Photostability testing market estimates and forecast, 2016 - 2028 (USD Million)
32. Others market estimates and forecast, 2016 - 2028 (USD Million)
33. Others market estimates and forecast, 2016 - 2028 (USD Million)
34. Pharmaceutical analytical testing outsourcing market: Regional movement analysis
35. Pharmaceutical analytical testing outsourcing: Regional outlook and key takeaways
36. North America market estimates and forecast, 2016 - 2028 (USD Million)
37. The U.S. market estimates and forecast, 2016 - 2028 (USD Million)
38. Canada market estimates and forecast, 2016 - 2028 (USD Million)
39. Europe market estimates and forecast, 2016 - 2028 (USD Million)
40. The U.K. market estimates and forecast, 2016 - 2028 (USD Million)
41. Germany market estimates and forecast, 2016 - 2028 (USD Million)
42. France market estimates and forecast, 2016 - 2028 (USD Million)
43. Italy market estimates and forecast, 2016 - 2028 (USD Million)
44. Spain market estimates and forecast, 2016 - 2028 (USD Million)
45. Russia market estimates and forecast, 2016 - 2028 (USD Million)
46. Turkey market estimates and forecast, 2016 - 2028 (USD Million)
47. The Netherlands market estimates and forecast, 2016 - 2028 (USD Million)
48. Switzerland market estimates and forecast, 2016 - 2028 (USD Million)
49. Sweden market estimates and forecast, 2016 - 2028 (USD Million)
50. Asia Pacific market estimates and forecast, 2016 - 2028 (USD Million)
51. Japan market estimates and forecast, 2016 - 2028 (USD Million)
52. China market estimates and forecast, 2016 - 2028 (USD Million)
53. India market estimates and forecast, 2016 - 2028 (USD Million)
54. Australia market estimates and forecast, 2016 - 2028 (USD Million)
55. South Korea market estimates and forecast, 2016 - 2028 (USD Million)
56. Indonesia market estimates and forecast, 2016 - 2028 (USD Million)
57. Malaysia market estimates and forecast, 2016 - 2028 (USD Million)
58. Singapore market estimates and forecast, 2016 - 2028 (USD Million)
59. Thailand market estimates and forecast, 2016 - 2028 (USD Million)
60. Taiwan market estimates and forecast, 2016 - 2028 (USD Million)
61. Latin America market estimates and forecast, 2016 - 2028 (USD Million)
62. Brazil market estimates and forecast, 2016 - 2028 (USD Million)
63. Mexico market estimates and forecast, 2016 - 2028 (USD Million)
64. Argentina market estimates and forecast, 2016 - 2028 (USD Million)
65. Colombia market estimates and forecast, 2016 - 2028 (USD Million)
66. Chile market estimates and forecast, 2016 - 2028 (USD Million)
67. Middle East and Africa. market estimates and forecast, 2016 - 2028 (USD Million)
68. South Africa market estimates and forecast, 2016 - 2028 (USD Million)
69. Saudi Arabia market estimates and forecast, 2016 - 2028 (USD Million)
70. UAE market estimates and forecast, 2016 - 2028 (USD Million)
71. Egypt market estimates and forecast, 2016 - 2028 (USD Million)
72. Israel market estimates and forecast, 2016 - 2028 (USD Million)
Note: Product cover images may vary from those shown
  • SGS SA
  • Toxikon, Inc.
  • Eurofins Scientific
  • Pace Analytical Services, Inc.
  • Intertek Group Plc
  • Pharmaceutical Product Development, LLC.
  • WuXi AppTec, Inc.
  • Boston Analytical
  • Boston Analytical
  • Charles River Laboratories International, Inc.
  • West Pharmaceutical Services Inc.
Note: Product cover images may vary from those shown

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