Germany Large Molecule Bioanalytical Testing Services Market Size & Outlook
Germany large molecule bioanalytical testing services market, 2018-2030 (US$M)
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Germany large molecule bioanalytical testing services market highlights
- The Germany large molecule bioanalytical testing services market generated a revenue of USD 77.7 million in 2021 and is expected to reach USD 175.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.5% from 2022 to 2030.
- In terms of segment, clinical was the largest revenue generating phase in 2021.
- Preclinical is the most lucrative phase segment registering the fastest growth during the forecast period.
Large molecule bioanalytical testing services market data book summary
| Market revenue in 2021 | USD 77.7 million |
| Market revenue in 2030 | USD 175.6 million |
| Growth rate | 9.5% (CAGR from 2021 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Preclinical |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Preclinical, Clinical |
| Key market players worldwide | Labcorp Holdings Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, Toxikon, Intertek Group PLC, Pace Analytical Services, Icon PLC, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 4.9% of the global large molecule bioanalytical testing services market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany large molecule 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 175.6 million by 2030.
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Large Molecule Bioanalytical Testing Services Market Scope
Large Molecule Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany large molecule 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 large molecule bioanalytical testing services market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 67.05% in 2021. Horizon Databook has segmented the Germany large molecule bioanalytical testing services market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The large molecule bioanalytical testing market in Germany is driven by the growing number of clinical trials in the country. Germany holds the topmost position in number of clinical trials across the European region.
Furthermore, according to the Federal Statistical Office (Destatis), the per capita healthcare expenditure of Germany. Growing healthcare expenditure in the country will propel large molecule bioanalytical testing market as well.
In 2018, the German pharmaceutical companies increased their R&D expenditure to around USD 8.6 billion. The rising pharmaceutical R&D expenditure in the country will also boost the market.
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Target buyers of Germany large molecule bioanalytical testing services market databook
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Our clientele includes a mix of large molecule bioanalytical testing services market companies, investment firms, advisory firms & academic institutions.
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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 Germany large molecule bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Germany large molecule bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany large molecule bioanalytical testing services market size, by phase, 2018-2030 (US$M)
Germany Large Molecule Bioanalytical Testing Services Market Outlook Share, 2021 & 2030 (US$M)
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