+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

North America GMP Testing Service Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

  • PDF Icon

    Report

  • 117 Pages
  • January 2023
  • Region: North America
  • The Insight Partners
  • ID: 5732039
UP TO OFF until Jun 30th 2024
The North America GMP testing service market is expected to grow from US$ 846.02 million in 2022 to US$ 1,260.96 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2022 to 2028.

Flourishment of Medical Device Industry Bolsters North America GMP Testing Service Market Growth

The medical devices industry is contributing to the development of medical technologies that have the potential to reinforce the diagnosis and treatment of various illnesses and support the effective manufacturing of medical devices. The equipment produced by the medical devices industry range from common supplies such as surgical masks to high-tech imaging equipment. Medical devices such as insulin delivery systems, glucose monitors, oxygen concentrators, and nebulizers are increasingly being used for the at-home diagnosis and treatment of a few medical disorders. These devices are integrated with the patient’s EMR, wearables, cellphones, and telehealth platforms to provide critical insights for enhanced clinical and operational decision-making. According to data provided by PRODSMART, the medical devices manufacturing industry was valued at ~US$ 4.2 billion in 2020. A rise in the incidence of chronic diseases and the growth of the geriatric population are the major factors that are expected to influence the progress of the medical device industry in the coming years. The operations of medical devices with Internet of Medical Things (IoMT) systems are facilitated by smart gadgets, smart sensors, and other lightweight communication devices. Such innovations assist healthcare companies in improving patient outcomes, lowering costs, and increasing efficiency. The GMPs are enormously important in the manufacturing of medical devices because they ensure a level of quality, safety, purity, and strength in any products that are released to the public. Adhering to these practices helps manufacturers in preventing adverse effects, product recalls, and defects, which may lead to costly liability lawsuits in the future. As quality control and consistent testing environments are pivotal for a successful manufacturing cycle, the focus on GMPs is increasing for avoiding product contamination, failure, and quality deviation. Thus, by establishing a strong system of well-regulated operational management led by GMPs, a medical device manufacturer can develop vast volumes of quality products, along with reducing costly delays. Thus, the above-mentioned factors are bolstering the growth of North America GMP testing service market .

North America GMP Testing Service Market Overview

The North America GMP testing service market is segmented into the US, Canada, and Mexico. The US held the largest share of the market in 2021. The growing pharmaceutical industry, and the increasing need for developing novel drugs and medical devices are accelerating the growth of the GMP testing service market in North America. Moreover, the rising health expenditure by governments and an increase in outsourcing activities for the quality assurance of medical products are propelling the expansion of this market in this region. The US holds a significant share of the North America GMP testing service market. The market growth in this country is attributed to rising healthcare expenditure by the government, ongoing developments in the pharmaceuticals industry, and rising demand for novel drugs owing to various infectious diseases.

North America GMP Testing Service Market Segmentation

The North America GMP testing service market is segmented on the basis of service type, end user, and country. Based on service type, the market is segmented into product validation testing, bioanalytical services, packaging & shelf life testing, and other services type. The product validation testing segment held the largest market share in 2022.
  • Based on end user, the North America GMP testing service market is bifurcated into pharmaceutical and biopharmaceutical companies, and medical device companies. The pharmaceutical and biopharmaceutical companies segment held a larger market share in 2022.

The North America GMP testing service market, by country, is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.
Eurofins Scientific; Almac Group; INTERTEK GROUP PLC; WuXi AppTec; Sartorius AG; North American Science Associates, Inc.; Nelson Laboratories, LLC.; Boston Analytical; Pace Analytical Services; and Thermo Fisher Scientific Inc. (PPD Inc.) are among the leading companies operating in the North America GMP testing service market.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America GMP Testing Service Market - By Service Type
1.3.2 North America GMP Testing Service Market - By End User
1.3.3 North America GMP Testing Service Market - By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America GMP Testing Service Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Experts Opinion

5. North America GMP Testing Service Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Continuous Proliferation of Pharmaceuticals Industry
5.1.2 Flourishment of Medical Device Industry
5.2 Market Restraints
5.2.1 Lack of Uniform Regulatory Framework Related to GMP Testing Services
5.3 Market Opportunities
5.3.1 Adoption of GMP Testing Services in R&D
5.4 Future Trends
5.4.1 Technological Advancements Related to GMP Testing Services Products
5.5 Impact Analysis

6. GMP Testing Service Market- North America Analysis
6.1 North America GMP Testing Service Market Revenue Forecasts and Analysis
6.1.1 Overview

7. North America GMP Testing Service Market - by Service Type
7.1 Overview
7.2 GMP Testing Services Market Revenue Share, by Service Type (2021 and 2028)
7.3 Product Validation Testing
7.3.1 Overview
7.3.2 Product Validation Testing: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Bioanalytical Services
7.4.1 Overview
7.4.2 Bioanalytical Services: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Packaging and Shelf-Life Testing
7.5.1 Overview
7.5.2 Packaging and Shelf-Life Testing: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Other Service Types
7.6.1 Overview
7.6.2 Other Service Types: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)

8. North America GMP Testing Services Market - By End User
8.1 Overview
8.2 GMP Testing Services Market, by End User, 2021 and 2028 (%)
8.3 Pharmaceutical and Biopharmaceutical Companies
8.3.1 Overview
8.3.2 Pharmaceutical and Biopharmaceutical Companies: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Medical Devices Companies
8.4.1 Overview
8.4.2 Medical Devices Companies: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)

9. North America GMP Testing Service Market - By Country Analysis
9.1 North America: GMP Testing Service Market
9.1.1 Overview
9.1.2 North America: GMP Testing Service Market, by Country, 2022 & 2028 (%)
9.1.2.1 US: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 US: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.3 US: GMP Testing Service Market, by Service Type, 2019-2028 (US$ Million)
9.1.2.1.4 US: GMP Testing Service Market, by End User, 2019-2028 (US$ Million)
9.1.2.2 Canada: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 Canada: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.3 Canada: GMP Testing Service Market, by Service Type, 2019-2028 (US$ Million)
9.1.2.2.4 Canada: GMP Testing Service Market, by End User, 2019-2028 (US$ Million)
9.1.2.3 Mexico: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 Mexico: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.3 Mexico: GMP Testing Service Market, by Service Type, 2019-2028 (US$ Million)
9.1.2.3.4 Mexico: GMP Testing Service Market, by End User, 2019-2028 (US$ Million)

10. GMP Testing Service Market - Industry Landscape
10.1 Overview
10.2 Growth Strategies Done by the Companies in the Market, (%)
10.3 Organic Developments
10.3.1 Overview
10.4 Inorganic Developments
10.4.1 Overview

11. Company Profiles
11.1 Eurofins Scientific
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Almac Group
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 INTERTEK GROUP PLC
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 WuXi AppTec
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Sartorius AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 North American Science Associates, Inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Nelson Laboratories, LLC
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Boston Analytical
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Pace Analytical Services
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Thermo Fisher Scientific Inc. (PPD Inc.)
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments

12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms for GMP Testing Services Market
Table 1. US GMP Testing Service Market, by Service Type- Revenue and Forecast to 2028 (US$ Million)
Table 2. US GMP Testing Service Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 3. Canada GMP Testing Service Market, by Service Type- Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada GMP Testing Service Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 5. Mexico GMP Testing Service Market, by Service Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico GMP Testing Service Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 7. Organic Developments Done By Companies
Table 8. Inorganic Developments Done By Companies
Table 9. Glossary of Terms

Figure 1. North America GMP Testing Service Market Segmentation
Figure 2. North America GMP Testing Service Market, By Country
Figure 3. North America GMP Testing Service Market Overview
Figure 4. Product Validation Testing Segment Held Largest Share of Surgery Type Segment in GMP Testing Service Market
Figure 5. US is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. North America Experts Opinion
Figure 8. North America Impact Analysis
Figure 9. North America GMP Testing Service Market - Revenue Forecasts and Analysis - 2020- 2028
Figure 10. North America GMP Testing Services Market Revenue Share, by Service Type (2021 and 2028)
Figure 11. North America Product Validation Testing: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Bioanalytical Services: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Packaging and Shelf-Life Testing: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Other Service Types: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America GMP Testing Services Market, by End User, 2021 and 2028 (%)
Figure 16. North America Pharmaceutical and Biopharmaceutical Companies: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Medical Devices Companies: GMP Testing Services Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America: GMP Testing Service Market, by Key Country - Revenue (2021) (US$ Million)
Figure 19. North America: GMP Testing Service Market, by Country, 2022 & 2028 (%)
Figure 20. US: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Canada: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Mexico: GMP Testing Service Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Growth Strategies Done by the Companies in the Market, (%)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Eurofins Scientific
  • Almac Group
  • INTERTEK GROUP PLC
  • WuXi AppTec
  • Sartorius AG
  • North American Science Associates, Inc.
  • Nelson Laboratories, LLC.
  • Boston Analytical
  • Pace Analytical Services
  • Thermo Fisher Scientific Inc. (PPD Inc.)

Table Information