North America Large Molecule Bioanalytical Testing Services Market Size & Outlook
North America large molecule bioanalytical testing services market, 2018-2030 (US$M)
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North America large molecule bioanalytical testing services market highlights
- The North America large molecule bioanalytical testing services market generated a revenue of USD 764.6 million in 2021.
- The market is expected to grow at a CAGR of 9.2% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 764.6 million |
| Market revenue in 2030 | USD 1,684.3 million |
| Growth rate | 9.2% (CAGR from 2021 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Preclinical |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 47.9% of the global large molecule bioanalytical testing services market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 509.0 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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North America 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 66.14% in 2021. Horizon Databook has segmented the North America large molecule bioanalytical testing services market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the global market for bioanalytical testing services in 2020 because it is among the top manufacturing hubs for highly reliable, complex, and high-end pharmaceuticals. Rapid technological advancements and growing demand for bioanalytical testing services are factors expected to drive the global large molecule bioanalytical testing services market.
Moreover, biopharmaceutical companies are focusing on the U.S. market due to the booming healthcare industry in the country. Increasing investments by bioanalytical testing services organizations, growing R&D spending in the biopharmaceutical industry, and favorable regulatory reforms are factors contributing to growth of the large molecule bioanalytical testing services market.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America large molecule bioanalytical testing services market , including forecasts for subscribers. This continent databook contains high-level insights into North America large molecule bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America large molecule bioanalytical testing services market size, by country, 2018-2030 (US$M)
North America Large Molecule Bioanalytical Testing Services Market Outlook Share, 2021 & 2030 (US$M)
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