Sweden Bioanalytical Testing Services Market Size & Outlook
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Sweden bioanalytical testing services market highlights
- The Sweden bioanalytical testing services market generated a revenue of USD 79.8 million in 2024 and is expected to reach USD 176.7 million by 2033.
- The Sweden market is expected to grow at a CAGR of 9.2% from 2025 to 2033.
- In terms of segment, small molecule was the largest revenue generating molecule in 2024.
- Large Molecule is the most lucrative molecule segment registering the fastest growth during the forecast period.
Bioanalytical testing services market data book summary
| Market revenue in 2024 | USD 79.8 million |
| Market revenue in 2033 | USD 176.7 million |
| Growth rate | 9.2% (CAGR from 2025 to 2033) |
| Largest segment | Small molecule |
| Fastest growing segment | Large Molecule |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| 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 |
Other key industry trends
- In terms of revenue, Sweden accounted for 1.7% of the global bioanalytical testing services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Europe, Germany bioanalytical testing services market is projected to lead the regional market in terms of revenue in 2033.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 603.8 million by 2033.
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Bioanalytical Testing Services Market Scope
Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pace Analytical Services | View profile | 11-50 | Woburn, Massachusetts, United States, North America | https://www.pacelifesciences.com |
| Syneos Health | View profile | 1001-5000 | Morrisville, North Carolina, United States, North America | https://www.syneoshealth.com/ |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| SGS AG | View profile | 103193 | 1 Place des Alpes, P.O. Box 2152, Geneva, Switzerland, CH-1211 | https://www.sgs.com |
| IQVIA Holdings Inc | View profile | 87000 | 2400 Ellis Road, Durham, NC, United States, 27703 | https://www.iqvia.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Sweden 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 59.15% in 2024. Horizon Databook has segmented the Sweden bioanalytical testing services market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2021 to 2033.
Sweden held a strong position in drug development and discovery from phase I to phase III trials. The country's growing range of clinical trials drives the market's growth. Sweden's life sciences industry is very strategic, focusing on world-class innovation and excellent R&D.
This can be seen through the significant increase in start-ups and academic spinouts focusing on life sciences during the previous 15 years. With a solid basis in life sciences, particularly in pharmaceutical R&D, the life sciences industry is Sweden's second-largest export industry.
Bioanalytical testing services play a crucial role in developing and approving new pharmaceuticals & biopharmaceuticals.
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Target buyers of Sweden bioanalytical testing services market databook
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Our clientele includes a mix of bioanalytical testing services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Sweden bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Sweden bioanalytical testing services market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Sweden Molecule - Bioanalytical Testing Services Market size, 2024 - 2033 (US$M)
Sweden Bioanalytical Testing Services Market Outlook Share, 2024 & 2033 (US$M)
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