Switzerland Bioanalytical Testing Services Market Size & Outlook
Switzerland bioanalytical testing services market, 2018-2030 (US$M)
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Switzerland bioanalytical testing services market highlights
- The Switzerland bioanalytical testing services market generated a revenue of USD 110.8 million in 2023 and is expected to reach USD 200.6 million by 2030.
- The Switzerland market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, small molecule was the largest revenue generating molecule in 2023.
- 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 2023 | USD 110.8 million |
| Market revenue in 2030 | USD 200.6 million |
| Growth rate | 8.8% (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 |
Other key industry trends
- In terms of revenue, Switzerland accounted for 2.6% of the global bioanalytical testing services market in 2023.
- Country-wise, Kuwait is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany bioanalytical testing services market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 428.1 million by 2030.
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Bioanalytical Testing Services Market Scope
Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Switzerland 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 59.48% in 2023. Horizon Databook has segmented the Switzerland bioanalytical testing services market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
Switzerland is a globally renowned hub of innovative research, being highly competitive and dynamic in its research activities. The demand for bioanalytical testing services is often tied to the growth of the biopharmaceutical industry.
Switzerland has a strong pharmaceutical and biotech sector, and if there's a continued increase in the development of biopharmaceuticals, it could drive demand for bioanalytical testing services. Many pharmaceutical and biotech companies outsource their bioanalytical testing needs to specialized service providers.
The outsourcing trend may continue, providing opportunities for service providers in Switzerland. There are several notable players in the biopharma outsourcing sector in the country, including Lonza, Helsinn, and SpiroChem.
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Target buyers of Switzerland 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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Horizon Databook provides a detailed overview of country-level data and insights on the Switzerland bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Switzerland bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Switzerland bioanalytical testing services market size, by molecule, 2018-2030 (US$M)
Switzerland Bioanalytical Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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