Italy Large Molecule Bioanalytical Testing Services Market Size & Outlook
Italy large molecule bioanalytical testing services market, 2018-2030 (US$M)
Related Markets
Italy large molecule bioanalytical testing services market highlights
- The Italy large molecule bioanalytical testing services market generated a revenue of USD 40.9 million in 2021 and is expected to reach USD 85.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.5% from 2022 to 2030.
- In terms of segment, clinical was the largest revenue generating phase in 2021.
- Clinical 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 40.9 million |
| Market revenue in 2030 | USD 85.0 million |
| Growth rate | 8.5% (CAGR from 2021 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Clinical |
| 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, Italy accounted for 2.6% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Large Molecule Bioanalytical Testing Services Market Scope
Large Molecule Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Italy 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 66.99% in 2021. Horizon Databook has segmented the Italy large molecule bioanalytical testing services market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The Italian large molecule bioanalytical testing market is driven by growing number of clinical trials in the country. For instance, Italy conducted 23,097 clinical trials between 1999 and 2019, according to WHO’s ICTRP. This contributes for over 4% of total clinical trials conducted globally in the same period.
Furthermore, according to Eurostat, the healthcare expenditure of the country was 8.8% of its GDP in 2017. Growing healthcare expenditure in the country will impel growth of large molecule bioanalytical testing market as well. In addition, R&D tax credit aims to encourage investment in R&D activities.
In 2019, the Italian pharmaceutical companies spend over USD 2 billion on R&D. Hence, the growing pharmaceutical R&D expenditure in the country will also boost the market. Moreover, the high geriatric population will increase the need for advancements in healthcare, driving the market. For instance, according to OECD, 22.7% of the Italian population was aged 65 or above in 2018.
Reasons to subscribe to Italy large molecule bioanalytical testing services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Italy large molecule bioanalytical testing services market databook
-
Our clientele includes a mix of large molecule 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.).
-
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 Italy large molecule bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Italy large molecule bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Italy large molecule bioanalytical testing services market size, by phase, 2018-2030 (US$M)
Italy Large Molecule Bioanalytical Testing Services Market Outlook Share, 2021 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
