Global Pharmaceutical Analytical Testing Outsourcing Market Size & Outlook
The pharmaceutical analytical testing outsourcing industry worldwide is expected to reach a projected revenue of US$ 8,532.0 million by 2030. A compound annual growth rate of 8.1% is expected of the worldwide pharmaceutical analytical testing outsourcing industry from 2023 to 2030.
Revenue, 2022 (US$M)
$4,585.4
Forecast, 2030 (US$M)
$8,532.0
CAGR, 2023 - 2030
8.1%
Report Coverage
Worldwide
Global pharmaceutical analytical testing outsourcing market, 2018-2030 (US$M)
Related Markets
Global pharmaceutical analytical testing outsourcing market highlights
- The global pharmaceutical analytical testing outsourcing market generated a revenue of USD 4,585.4 million in 2022 and is expected to reach USD 8,532.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.1% by 2030.
- In terms of segment, bioanalytical testing accounted for a revenue of USD 2,413.4 million in 2022.
- Bioanalytical Testing is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Switzerland is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,585.4 million |
| Market revenue in 2030 | USD 8,532.0 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Bioanalytical testing |
| Fastest growing segment | Bioanalytical Testing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalytical Testing, Method Development & Validation, Stability Testing |
Other key industry trends
- In terms of revenue, the North America accounted for 53.4% of the global pharmaceutical analytical testing outsourcing market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Switzerland is the fastest growing regional market and is projected to reach USD 86.3 million by 2030.
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Pharmaceutical Analytical Testing Outsourcing Market Scope
Pharmaceutical analytical testing outsourcing market segmentation & scope
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Pharmaceutical Analytical Testing Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global pharmaceutical analytical testing outsourcing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical analytical testing outsourcing market size, 2022 (US$M)
Global pharmaceutical analytical testing outsourcing market share, by services, 2022 & 2030 (%, US$M)
Pharmaceutical analytical testing outsourcing market: Opportunity assessment by country
Global pharmaceutical analytical testing outsourcing market, by region, 2022 (US$M)
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