Market revenue in 2023 | USD 12.0 million |
Market revenue in 2030 | USD 21.5 million |
Growth rate | 8.7% (CAGR from 2023 to 2030) |
Largest segment | Small molecule |
Fastest growing segment | Large Molecule |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Small Molecule, Large Molecule |
Key market players worldwide | Thermo Fisher Scientific Inc, Icon PLC, Charles River Laboratories International Inc, Labcorp Holdings Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, Intertek Group PLC, Pace Analytical Services |
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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 54.17% in 2023. Horizon Databook has segmented the Israel bioanalytical testing services market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for generic drugs is expected to increase due to the growth of healthcare and the aging population in Israel. The developments in the medical & pharmaceutical sectors further fuel the growth of the market.
The continuous and combined involvement by Israel Biomed industry for innovative development is expediting the need for bioanalytical testing services market. There is active competition among the market participants to offer the best services.
Moreover, the emergence of large pharmaceutical companies and CROs contributes to market growth. Some of the major players in the market include Tentamus, Eurofins Scientific, SVAR, and APIS Assay Technologies.
Horizon Databook provides a detailed overview of country-level data and insights on the Israel bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Israel bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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