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Analytical Laboratory Services Market by Public Health Organization, - by types of services - Forecast to 2021

Analytical Laboratory Services Market: Forecast until 2021

  • April 2017
  • 70 pages
  • ID: 5076312
In this report:
According to the India Brand Equity Foundation, a trust established under the Ministry of Commerce and Industry, the Government of India, the Indian pharmaceutical industry is expected to grow over ##% per annum between 2015 and 2020 and will outperform the global pharmaceutical industry, which is set to grow at an annual rate of ##% between the same period.


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The overall analytical laboratory services market, by public health organization is projected to extend $333.80M by 2021, increasing at a compound annual growth rate (CAGR) of around 10.50 percent during the forecast period. Increase in the sector can be accredited to a number of Elements such as the increasing expenditure on drugs and medical devices by public health organizations, growing number of drug approvals and clinical trials, and increasing demand for specialized analytical laboratory services. Nevertheless, complex and innovative pharmaceutical products requiring a distinctive analytical testing approach is the main challenge hampering the rise of government support

The analytical laboratory services market, by public health organization in this business report is broken down by service type. In 2015, the bioanalytical testing segment recorded for the biggest share of the analytical laboratory services market, by public health organization. This increase can be connected to Elements such as the usage and development of a big number of macromolecules and biosimilars for several therapeutic areas and the increasing biopharmaceutical market across the world. The batch release testing services segment has the second most important share during the estimate period. The rise can be accredited to the need for checking and validating the plan for product improvement among pharmaceutical & biopharmaceutical firms and the rising usage of dissolution test in the development and approval of generic solid oral dosage forms.

In 2015, North America continent recorded for the biggest share in the overall analytical laboratory services market, by public health organization, succeeded by EU, Asia-Pac, and the RoW. Increase in the North American area is largely driven by the high expenditure on quality testing, strong regulatory scenario, growing number of clinical trials, and the well-established federal testing laboratories in the territory. Asia Pacific (APAC) is anticipated to grow at a better compound annual growth rate during the outlook period as distinguished to North America and Europe (EU). This can be connected to the fast-growing pharmaceutical sector in this area, rised government expenditure on healthcare, growing number of highly competitive and extremely fragmented pharmaceutical companies, and rised spending by governments to set up new laboratories in Asian region.

The main public health organizations, in analytical laboratory services market, contain the Food and Drug Administration, European Medicines Agency, Federal Institute for Drugs and Medical Devices, Agence française de sécurité sanitaire des produits de santé, Agenzia Italiana del Farmaco, the Spanish Medicines and Health Products Agency, Central Drugs Standard Control Organization, China Food and Drug Administration, and Pharmaceuticals and Medical Devices Agency.

Segment Research

• Detailed insights on all analytical laboratory services, established on service type (bioanalytical testing, batch release testing, stability testing, raw material testing, physical characterization, method validation, microbial testing, and environmental monitoring). This can benefit industry actors to distinguish top regional public spenders, and high development segments in the analytical laboratory services market, by public health organization.

• The report also offers info on main government agencies and their spend assessment. This can benefit the company to assess the regulatory compliance at overall and regional levels in a better manner.

• Country-wise market size and estimate for all the types of services. Therefore, not only the high increase spenders and service areas; the market size numbers provided in the analysis will also enable market actors to recognize top geographic sectors, and thereby strategize overall efforts in order to accomplish substantial assistance from public health organizations in the next years.

• It offers business insights on main trends and opportunities faced by the public health organizations on analytical laboratory services market.

Reasons to Buy the Report

The market research will increase established companies as well as new entrants/smaller companies to measure the pulse of the public expenditure established on area, which in turn would benefit them better comprehend the analytical laboratory services market, by public health organization. This industry report contributes insight upon the different types of analytical laboratory services.

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