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Bioanalytical Testing Services Market Report, Industry Overview, Growth Rate and Forecast 2026

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Amara Murray
Bioanalytical Testing Services Market Report, Industry Overview, Growth Rate and Forecast 2026

According to the latest report by IMARC Group, titled “Bioanalytical Testing Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global bioanalytical testing services market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during 2021-2026.

 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

 

Request Free Report Sample:

https://www.imarcgroup.com/bioanalytical-testing-services-market/requestsample

 

Bioanalytical testing services are used to quantitatively determine metabolites and drugs in various biological matrices, such as serum, blood, plasma, tissue, and urine. They are primarily employed in the early drug development phase and clinical trials to validate analytes, demonstrate precision, stability, and selectivity. Bioanalytical testing services are extensively applied in pharmacology, toxicology, pharmacokinetic, and bioavailability studies.

 

The global bioanalytical testing services market is majorly being driven by the rising prevalence of chronic diseases and the increasing preference for personalized medical treatments. Amidst the global outbreak of the coronavirus disease (COVID-19), governments of various nations are increasingly using these services to provide point-of-care (POC) diagnostic and develop effective vaccines, which is further contributing to the market growth. Additionally, the rising healthcare expenditure and the incorporation of various innovative techniques in sample preparation are catalyzing the market growth. Other factors, including the emerging trend of outsourcing laboratory testing services and the adoption of quality-by-design approaches in pharmaceutical research, are creating a positive outlook for the market.

 

Bioanalytical Testing Services Market 2021-2026 Competitive Analysis and Segmentation:

 

Competitive Landscape With Key Players:

 

The competitive landscape of the global bioanalytical testing services market has been studied in the report with the detailed profiles of the key players operating in the market.

 

Some of these key players include:

 

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

Toxikon Corporation

 

Key Market Segmentation:

 

The report has segmented the global bioanalytical testing services market on the basis of molecule type, test type, Workflow and region.

 

Breakup by Molecule Type:

 

Small Molecule

Large Molecule

 

Breakup by Test Type:

 

ADME

PK

PD

Bioavailability

Bioequivalence

Others

 

Breakup by Workflow:

 

Sample Preparation

Sample Analysis

Others

 

Breakup by Workflow:

 

North America

Asia-Pacific

India

Europe

Latin America

Middle East and Africa

 

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/bioanalytical-testing-services-market

 

Key highlights of the report:    

        

Market Performance (2015-2020)

Market Outlook (2021-2026)

Industry Trends

Market Drivers and Success Factors

The Impact of COVID-19 on the Global Market

Value Chain Analysis

Structure of the Global Market

Comprehensive mapping of the competitive landscape

 

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 

About Us             

                                                         

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

Contact US

 

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

 

 

 

 

 

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