Global Bioanalytical Testing Services Market Size & Outlook

The bioanalytical testing services industry worldwide is expected to reach a projected revenue of US$ 8,004.2 million by 2030. A compound annual growth rate of 9.1% is expected of the worldwide bioanalytical testing services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,361.6
Forecast, 2030 (US$M)
$8,004.2
CAGR, 2024 - 2030
9.1%
Report Coverage
Worldwide

Global bioanalytical testing services market, 2018-2030 (US$M)

Related Markets

Global bioanalytical testing services market highlights

  • The global bioanalytical testing services market generated a revenue of USD 4,330.7 million in 2023 and is expected to reach USD 7,934.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9% by 2030.
  • In terms of segment, small molecule accounted for a revenue of USD 2,406.5 million in 2023.
  • Large Molecule is the most lucrative molecule segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 4,330.7 million
Market revenue in 2030USD 7,934.5 million
Growth rate9% (CAGR from 2023 to 2030)
Largest segmentSmall molecule
Fastest growing segmentLarge Molecule
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Molecule, Large Molecule

Other key industry trends

  • In terms of revenue, the North America accounted for 46.3% of the global bioanalytical testing services market in 2023.
  • By country, the Kuwait is projected to lead the global market in terms of revenue in 2030.
  • By country, Kuwait is the fastest growing regional market and is projected to reach USD 6,092.2 million by 2030.

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Bioanalytical Testing Services Market Companies

Name Profile # Employees HQ Website

Global bioanalytical testing services market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioanalytical testing services market will help companies and investors design strategic landscapes.


Small molecule was the largest segment with a revenue share of 55.57% in 2023. Horizon Databook has segmented the Global bioanalytical testing services market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Bioanalytical Testing Services Molecule Outlook (Revenue, USD Million, 2018-2030)
    • Small Molecule
    • Large Molecule
      • LC-MS Studies
      • Immunoassays
        • PK
        • ADA
        • Other
      • Other Large Molecule Tests
  • Global Bioanalytical Testing Services Test Outlook (Revenue, USD Million, 2018-2030)
    • ADME
      • In-vivo
      • In-vitro
    • Pharmacokinetics (PK)
    • Pharmacodynamics (PD)
    • Bioavailability
    • Bioequivalance
    • Other Tests
  • Global Bioanalytical Testing Services Workflow Outlook (Revenue, USD Million, 2018-2030)
    • Sample Preparation
      • Protein Precipitation
      • Liquid-Liquid Extraction
      • Solid Phase Extraction
    • Sample Analysis
      • Hyphenated technique
      • Chromatographic technique
      • Electrophoresis
      • Ligand Binding Assay
      • Mass Spectrometry
      • Nuclear Magnetic Resonance
    • Other Processes

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  • Our clientele includes a mix of bioanalytical testing services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bioanalytical testing services market , including forecasts for subscribers. This global databook contains high-level insights into Global bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global bioanalytical testing services market size, by regions, 2018-2030 (US$M)

Top 10 countries: Bioanalytical testing services market size, 2023 (US$M)

Global bioanalytical testing services market share, by molecule, 2023 & 2030 (%, US$M)

Bioanalytical testing services market: Opportunity assessment by country

Global bioanalytical testing services market, by region, 2023 (US$M)

Global bioanalytical testing services market size, by regions, 2018-2030 (US$M)

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