Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Analytical Laboratory Services Market: By Test Type, By Technology, By End-Use and Geography
Analytical Laboratory Services Market size was valued at US$ 351.7 Million in 2023 and is expected to reach a value of US$ 707.5 Million by 2030, growing at a CAGR of 10% from 2024 to 2030. The global market provides a detailed overview of the market and that can be segmented by test type, technology, and end-user. By test type, this market has been segmented into batch release testing, stability testing, raw material testing, physical characterization, method validation, microbial testing, environmental monitoring, bioanalytical testing, and others.
The batch release testing segment is likely to be the largest and fastest-growing segment in terms of test type. Based on technology, this market is segmented into mass spectrometry, UPLC technology, immunochemistry, and turbulent flow technology. Among these, the mass spectrometry segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on end users, the analytical laboratory services market is segmented into pharma & biopharma companies, CRO, CDMO, and others. The Pharma & Biopharma Companies segment accounts for the largest share in 2021. CRO segment has the second-largest share during the forecast period 2024-2030.
Study Period
2024-2030Base Year
2023CAGR
10%Largest Market
Asia PacificFastest Growing Market
Asia-Pacific
The major factors influencing the growth of the market are rising public health expenditure on drugs and other medical devices, testing capabilities, government initiatives to strengthen analytics, an increasing number of drug approvals and clinical trials, and rising demand for specialized analytical testing services. The market is influenced by the fast-growing pharmaceutical industry, which has an expanding number of highly competitive and fragmented pharmaceutical enterprises.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market CAGR |
10% |
By Test Type |
|
By Technology |
|
By End-User |
|
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Analytical laboratory services market size was valued at US$ 351.7 million in 2023 and is set to reach US$ 707.5 million by 2030, growing at a CAGR of 10%.
The major players in the market are ALS LIMITED, BIOAGILYTIX LABS, Evotec SC, FRONTAGE LABS, Icon Plc, Charles River Laboratories, SGS SA, COVANCE (A SUBSIDIARY OF LABORATORY CORPORATION OF AMERICA HOLDINGS), Wuxi Apptec, Syneos Health, Intertek Group Plc, MEDPACE, Toxikon, VXP PHARMA, INC., PACE ANALYTICAL SERVICES, LLC, Q2 SOLUTIONS (A SUBSIDIARY OF IQVIA), SHANGHAI MEDICILON INC. and SOLVIAS AG.
Asia Pacific is the fastest-growing region for the market.
1. Executive Summary |
2. Global Analytical Laboratory Services Market Introduction |
2.1. Global Analytical Laboratory Services Market - Taxonomy |
2.2. Global Analytical Laboratory Services Market -Definitions |
2.2.1. Test Type |
2.2.2. Technology |
2.2.3. End-Use |
2.2.4. By Region |
3. Global Analytical Laboratory Services Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Analytical Laboratory Services Market Dynamic Factors - Impact Analysis |
3.6. Global Analytical Laboratory Services Market - Competition Landscape |
4. Global Analytical Laboratory Services Market Analysis, 2019-2023 and Forecast, 2024-2030 |
4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Analytical Laboratory Services Market, By Test Type, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
5.1. Batch Release Testing |
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Stability Testing |
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Raw Material Testing |
5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Physical Characterization |
5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Method Validation |
5.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Microbial Testing |
5.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Environmental Monitoring |
5.7.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Bioanalytical Testing |
5.8.1. PK/PD Test |
5.8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.1.3. Market Opportunity Analysis |
5.8.2. Bioavailability Test |
5.8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.2.3. Market Opportunity Analysis |
5.8.3. Bioequivalence Test |
5.8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3.3. Market Opportunity Analysis |
5.9. Others |
5.9.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
5.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.9.3. Market Opportunity Analysis |
6. Global Analytical Laboratory Services Market, By Technology, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
6.1. Mass Spectrometry |
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. UPLC technology |
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Immunochemistry |
6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Turbulent Flow Technology |
6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7. Global Analytical Laboratory Services Market, By End-Use, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
7.1. Pharma & Biopharma Companies |
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. CRO |
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. CDMO |
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global Analytical Laboratory Services Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
8.1. North America |
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Analytical Laboratory Services Market - Opportunity Analysis Index, By Test Type, By Technology, By End-Use, and Region, 2024-2030 |
9. North America Analytical Laboratory Services Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
9.1. Test Type Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Batch Release Testing |
9.1.2. Stability Testing |
9.1.3. Raw Material Testing |
9.1.4. Physical Characterization |
9.1.5. Method Validation |
9.1.6. Microbial Testing |
9.1.7. Environmental Monitoring |
9.1.8. Bioanalytical Testing |
9.1.8.1. PK/PD Test |
9.1.8.2. Bioavailability Test |
9.1.8.3. Bioequivalence Test |
9.1.9. Others |
9.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Mass Spectrometry |
9.2.2. UPLC technology |
9.2.3. Immunochemistry |
9.2.4. Turbulent Flow Technology |
9.3. End-Use Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.3.1. Pharma & Biopharma Companies |
9.3.2. CRO |
9.3.3. CDMO |
9.3.4. Others |
9.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Analytical Laboratory Services Market - Opportunity Analysis Index, By Test Type, By Technology, By End-Use and Country, 2024-2030 |
9.6. North America Analytical Laboratory Services Market Dynamics - Trends |
10. Europe Analytical Laboratory Services Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
10.1. Test Type of service Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Batch Release Testing |
10.1.2. Stability Testing |
10.1.3. Raw Material Testing |
10.1.4. Physical Characterization |
10.1.5. Method Validation |
10.1.6. Microbial Testing |
10.1.7. Environmental Monitoring |
10.1.8. Bioanalytical Testing |
10.1.8.1. PK/PD Test |
10.1.8.2. Bioavailability Test |
10.1.8.3. Bioequivalence Test |
10.1.9. Others |
10.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Mass Spectrometry |
10.2.2. UPLC technology |
10.2.3. Immunochemistry |
10.2.4. Turbulent Flow Technology |
10.3. End-Use Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.3.1. Pharma & Biopharma Companies |
10.3.2. CRO |
10.3.3. CDMO |
10.3.4. Others |
10.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Rest of Europe |
10.5. Europe Analytical Laboratory Services Market - Opportunity Analysis Index, By Test Type, Technology, End-Use, and Country, 2024-2030 |
10.6. Europe Analytical Laboratory Services Market Dynamics - Trends |
11. Asia-Pacific Analytical Laboratory Services Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
11.1. Test Type of service Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Batch Release Testing |
11.1.2. Stability Testing |
11.1.3. Raw Material Testing |
11.1.4. Physical Characterization |
11.1.5. Method Validation |
11.1.6. Microbial Testing |
11.1.7. Environmental Monitoring |
11.1.8. Bioanalytical Testing |
11.1.8.1. PK/PD Test |
11.1.8.2. Bioavailability Test |
11.1.8.3. Bioequivalence Test |
11.1.9. Others |
11.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Mass Spectrometry |
11.2.2. UPLC technology |
11.2.3. Immunochemistry |
11.2.4. Turbulent Flow Technology |
11.3. End-Use Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.3.1. Pharma & Biopharma Companies |
11.3.2. CRO |
11.3.3. CDMO |
11.3.4. Others |
11.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. China |
11.4.2. India |
11.4.3. Japan |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Analytical Laboratory Services Market - Opportunity Analysis Index, By Test Type, By Technology, By End-Use, and Country, 2024-2030 |
11.6. Asia-Pacific Analytical Laboratory Services Market Dynamics - Trends |
12. Latin America Analytical Laboratory Services Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
12.1. Test Type of service Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Batch Release Testing |
12.1.2. Stability Testing |
12.1.3. Raw Material Testing |
12.1.4. Physical Characterization |
12.1.5. Method Validation |
12.1.6. Microbial Testing |
12.1.7. Environmental Monitoring |
12.1.8. Bioanalytical Testing |
12.1.8.1. PK/PD Test |
12.1.8.2. Bioavailability Test |
12.1.8.3. Bioequivalence Test |
12.1.9. Others |
12.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Mass Spectrometry |
12.2.2. UPLC technology |
12.2.3. Immunochemistry |
12.2.4. Turbulent Flow Technology |
12.3. End-Use Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.3.1. Pharma & Biopharma Companies |
12.3.2. CRO |
12.3.3. CDMO |
12.3.4. Others |
12.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Analytical Laboratory Services Market - Opportunity Analysis Index, By Test Type, By Technology, By End-Use, and Country, 2024-2030 |
12.6. Latin America Analytical Laboratory Services Market Dynamics - Trends |
13. Middle East and Africa Analytical Laboratory Services Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn)Â |
13.1. Test Type of service Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Batch Release Testing |
13.1.2. Stability Testing |
13.1.3. Raw Material Testing |
13.1.4. Physical Characterization |
13.1.5. Method Validation |
13.1.6. Microbial Testing |
13.1.7. Environmental Monitoring |
13.1.8. Bioanalytical Testing |
13.1.8.1. PK/PD Test |
13.1.8.2. Bioavailability Test |
13.1.8.3. Bioequivalence Test |
13.1.9. Others |
13.2. Technology Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Mass Spectrometry |
13.2.2. UPLC technology |
13.2.3. Immunochemistry |
13.2.4. Turbulent Flow Technology |
13.3. End-Use Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.3.1. Pharma & Biopharma Companies |
13.3.2. CRO |
13.3.3. CDMO |
13.3.4. Others |
13.4. Country Analysis 2019-2023 and Forecast 2024-2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Analytical Laboratory Services Market - Opportunity Analysis Index, By Test Type, By Technology, By End-Use and Country, 2024-2030 |
13.6. MEA Analytical Laboratory Services Market Dynamics - Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. ALS LIMITED |
14.2.2. BIOAGILYTIX LABS |
14.2.3. Evotec SC |
14.2.4. FRONTAGE LABS |
14.2.5. Icon Plc |
14.2.6. Charles River Laboratories |
14.2.7. SGS SA |
14.2.8. COVANCE (A SUBSIDIARY OF LABORATORY CORPORATION OF AMERICA HOLDINGS) |
14.2.9. Wuxi Apptec |
14.2.10. Syneos Health |
14.2.11. Intertek Group Plc |
14.2.12. MEDPACE |
14.2.13. Toxikon |
14.2.14. VXP PHARMA, INC. |
14.2.15. PACE ANALYTICAL SERVICES, LLC |
14.2.16. Q2 SOLUTIONS (A SUBSIDIARY OF IQVIA) |
14.2.17. SHANGHAI MEDICILON INC. |
14.2.18. SOLVIAS AG |
15. Research Methodology |
16. Key Assumptions and Acronyms |
Key Market Players