Europe Pharmaceutical Analytical Testing Outsourcing Market Size & Outlook
The pharmaceutical analytical testing outsourcing market in Europe is expected to reach a projected revenue of US$ 3,258.8 million by 2030. A compound annual growth rate of 9.1% is expected of Europe pharmaceutical analytical testing outsourcing market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,775.7
Forecast, 2030 (US$M)
$3,258.8
CAGR, 2024 - 2030
9.1%
Report Coverage
Europe
Europe pharmaceutical analytical testing outsourcing market, 2018-2030 (US$M)
Related Markets
Europe pharmaceutical analytical testing outsourcing market highlights
- The Europe pharmaceutical analytical testing outsourcing market generated a revenue of USD 1,775.7 million in 2023.
- The market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, other testing services was the largest revenue generating services in 2023.
- Other Testing Services is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,775.7 million |
| Market revenue in 2030 | USD 3,258.8 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Other testing services |
| Fastest growing segment | Other Testing Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioanalytical Testing, Method Development and Validation, Stability Testing, Other Testing Services |
| Key market players worldwide | SGS AG, Labcorp Holdings Inc, Eurofins Scientific SE, Intertek Group PLC, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, Charles River Laboratories International Inc, West Pharmaceutical Services Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.5% of the global pharmaceutical analytical testing outsourcing market in 2023.
- 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 2,642.3 million by 2030.
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Pharmaceutical Analytical Testing Outsourcing Market Scope
Pharmaceutical analytical testing outsourcing market segmentation & scope
Extractable and leachable
Material characterization
Physical testing
Bioburden testing
Sterility testing
Other tests
Pharmaceutical Analytical Testing Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe pharmaceutical analytical testing outsourcing 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 pharmaceutical analytical testing outsourcing market will help companies and investors design strategic landscapes.
Other testing services was the largest segment with a revenue share of 39.4% in 2023. Horizon Databook has segmented the Europe pharmaceutical analytical testing outsourcing market based on bioanalytical testing, method development and validation, stability testing, other testing services covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Pharmaceutical Analytical Testing Outsourcing Services Outlook (Revenue, USD Million, 2018-2030)
- Bioanalytical Testing
- Method Development and Validation
- Stability Testing
- Other Testing Services
- Extractable and leachable
- Material characterization
- Physical testing
- Bioburden testing
- Sterility testing
- Other tests
- Europe Pharmaceutical Analytical Testing Outsourcing Therapeutic Areas Outlook (Revenue, USD Million, 2018-2030)
- Cardiology
- Phase
- Preclinical
- Clinical
- Phase
- Oncology
- Phase
- Preclinical
- Clinical
- Phase
- Central Nervous System Conditions
- Phase
- Preclinical
- Clinical
- Phase
- Autoimmune Diseases
- Phase
- Preclinical
- Clinical
- Phase
- Others
- Phase
- Preclinical
- Clinical
- Phase
- Cardiology
- Europe Pharmaceutical Analytical Testing Outsourcing Phase Outlook (Revenue, USD Million, 2018-2030)
- Preclinical
- Clinical
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Target buyers of Europe pharmaceutical analytical testing outsourcing market databook
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Our clientele includes a mix of pharmaceutical analytical testing outsourcing 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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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 continent-level data and insights on the Europe pharmaceutical analytical testing outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pharmaceutical analytical testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe pharmaceutical analytical testing outsourcing market size, by country, 2018-2030 (US$M)
Europe Pharmaceutical Analytical Testing Outsourcing Market Outlook Share, 2023 & 2030 (US$M)
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