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Bioanalytical Testing Services Market Growth, Outlook, Demand Report 2022-27

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

By Rahul GautamPublished 4 months ago 3 min read
Bioanalytical Testing Services Market Outlook

According to the latest report by IMARC Group, titled “Bioanalytical Testing Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

How large is the bioanalytical testing services market?

The global bioanalytical testing services market reached a value of US$ 2.56 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.90 Billion by 2027, exhibiting a CAGR of 11.31% during 2022-2027. 

Market Outlook: 

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.

Market Growth Drivers:

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.

Note: We are updating our reports, If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/bioanalytical-testing-services-market/requestsample

Major Players Covered: 

  • Almac Group
  • Charles River Laboratories International Inc. (NYSE: CRL)
  • Frontage Laboratories Inc.
  • Intertek Group plc (OTCMKTS: IKTSY)
  • Laboratory Corporation of America Holdings (NYSE: LH)
  • Pace Analytical Services LLC
  • PPD Inc.
  • PRA Health Sciences
  • Syneos Health (NASDAQ: SYNH)
  • Toxikon Corporation

Market Segmentation:

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

Based on Molecule Type:

  • Small Molecule
  • Large Molecule

Based on Test Type:

  • ADME
  • PK
  • PD
  • Bioavailability
  • Bioequivalence
  • Others

Based on Workflow:

  • Sample Preparation
  • Sample Analysis
  • Others

Geographical Analysis:

  • 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

Explore Full Report Description At: https://www.imarcgroup.com/bioanalytical-testing-services-market

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • 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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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:


30 N Gould St, Ste R

Sheridan, WY 82801, USA

Email: [email protected]

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800


About the Creator

Rahul Gautam

Hi Guys My name is Rahul Gautam and I am a Business Consultant Market Intelligence in the company named IMARC Group. I have 7 years of work experience. You can contact me at for any query at +1-631-791-1145.

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