Healthcare Analytical Testing Services Market Report 2025 (Global Edition)

Global Healthcare Analytical Testing Services Market Report 2025 Market Size Split by Type (Bioanalytical Testing Services, Pharmacokinetic & Toxicokinetic Testing, Immunogenicity & Neutralizing Antib...

Healthcare Analytical Testing Services Market Report Description

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Healthcare Analytical Testing Services Market Insights Video

Competitive Landscape of the Healthcare Analytical Testing Services Market

The competitive landscape is further shaped by the rising trend of outsourcing analytical testing services. Many pharmaceutical and biotechnology companies prefer to outsource these services to specialized providers to reduce operational costs, access advanced technologies, and focus on core competencies. This trend has led to increased competition among service providers to offer more cost-effective, efficient, and innovative testing solutions.

April 2021: Charles River Laboratories announced the acquisition of Retrogenix Ltd., which provides cell microarray services, air sampling, and quality, to expand its early-stage contract research organization offerings. (Source: https://ir.criver.com/news-releases/news-release-details/charles-river-laboratories-acquires-retrogenix) December 2021: Alcami Corp., a USA-based CDMO announced the acquisition of Masy Systems, Inc. Through the acquisition, Alcami will gain access to Masy’s Pharma and storage offerings, while Masy will gain access to Alcami’s services, which amongst other services include analytical services. (Source: https://www.alcami.com/blog/alcami-announces-the-acquisition-of-masy-bioservices)

Top Companies Market Share in Healthcare Analytical Testing Services Industry: (In no particular order of Rank)

• Almac Group (U.S.)
• Element Materials Technology (U.K.)
• Eurofins Scientific (Luxembourg)
• PPD Inc. (U.S.)
• Source BioScience (U.K.)
• Intertek Group plc (U.K.)
• Laboratory Corporation of America Holdings (U.S.)
• Charles River Laboratories (U.S.)
• Medpace (U.S.)
• WuXi AppTec (China)
• IQVIA (U.S.)
• SGS Société Générale de Surveillance SA (Switzerland)
• Intertek Group plc (U.K.)
• Syneos Health. (U.K.)
• ICON plc (Ireland)
• PPD Inc. (U.S.)
• Parexel International Corporation. (U.S.)
• Altasciences. (Canada)
• BioAgilytix Labs. (U.S.)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Healthcare Analytical Testing Services Market

Which Region Dominates the Healthcare Analytical Testing Services Market in 2024?

According to Cognitive Market Research, North America dominates the Healthcare Analytical Testing Services Market due to its advanced healthcare infrastructure, high R&D investments, and stringent regulatory standards. The region boasts a robust network of state-of-the-art laboratories and a high concentration of pharmaceutical and biotechnology companies, driving demand for analytical testing services. Additionally, the presence of key market players and strong healthcare policies further support the growth of this market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is the fastest-growing region in the Healthcare Analytical Testing Services Market due to its expanding healthcare sector, increasing investments in pharmaceutical and biotechnology industries, and rising clinical trials activities. The region's large population and growing healthcare needs drive demand for analytical testing services. Additionally, favorable government policies, economic growth, and the emergence of key players in countries like China and India contribute to market expansion. Increased focus on drug development and regulatory compliance further fuels growth.

 

The current report Scope analyzes Healthcare Analytical Testing Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Healthcare Analytical Testing Services

According to Cognitive Market Research, the global Healthcare Analytical Testing Services market size was estimated at USD 7951.5 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3180.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7%from 2024 to 2031

• According to Cognitive Market Research, the US had a major share in the Healthcare Analytical Testing Services market with a market size of USD 2509.49 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. The demand is amplified by the nation's advanced healthcare infrastructure, stringent regulatory requirements.
• The Canada Healthcare Analytical Testing Services market had a market share of USD 381.67 million in 2024 and is projected to grow at a CAGR of 10.5%during the forecast period. Canada's advanced healthcare infrastructure, stringent regulatory requirements to increased usage of Healthcare Analytical Testing Services.
• The Mexico Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.2% during the forecast period,with a market size of USD 289.43million in 2024.

Europe Healthcare Analytical Testing Services

According to Cognitive Market Research, the global Healthcare Analytical Testing Services market size was estimated at USD 7951.5 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2385.45million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0%from 2024 to 2031.

• The United Kingdom Healthcare Analytical Testing Services market had a market share of USD 400.76million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. In the UK, Healthcare Analytical Testing Services sales witness an upswing due to the nation's combination of rigorous regulatory frameworks, technological advancements.
• The France Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 9.2%during the forecast period, with a market size of USD 219.46million in 2024.
• According to Cognitive Market Research, the Germany Healthcare Analytical Testing Services market size was valued at USD 472.32million in 2024 and is projected to grow at a CAGR of 10.2%during the forecast period. In Germany, Healthcare Analytical Testing Services sales surged due to the combination of rigorous regulatory frameworks, technological advancements.
• The Italy Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 9.4% during the forecast period,with a market size of USD 205.15 million in 2024.
• The Russia Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 369.74million in 2024.
• The Spain Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 9.1% during the forecast period with a market size of USD 195.61 million in 2024
• The LuxembourgHealthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.1%during the forecast period, with a market size of USD 73.95million in 2024.
• The PortugalHealthcare Analytical Testing Services market is projected to witness growth at a CAGR of 9.8%during the forecast period, with a market size of USD 50.09million in 2024.
• The GreeceHealthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.3%during the forecast period, with a market size of USD 28.63million in 2024.
• Rest of Europe'sHealthcare Analytical Testing Services market is projected to witness growth at a CAGR of 8.7%during the forecast period, with a market size of USD 369.74million in 2024.

Asia Pacific Healthcare Analytical Testing Services

According to Cognitive Market Research, the global Healthcare Analytical Testing Services market size was estimated at USD 7951.5Million, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 1828.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0%from 2024 to 2031.

• According to Cognitive Market Research, the China Healthcare Analytical Testing Services market size was valued at USD 822.98million in 2024 and is projected to grow at a CAGR of 13.0%during the forecast period. Healthcare Analytical Testing Services sales surge in China due to the expanding healthcare infrastructures, increasing regulatory scrutiny.
• The Japan Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 252.38million in 2024.
• The India Healthcare Analytical Testing Services market had a market share of USD 219.46million in 2024 and is projected to grow at a CAGR of 15.3% during the forecast period. India's expanding healthcare infrastructures, increasing regulatory scrutiny.
• The South Korea Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 182.88million in 2024.
• The Australia Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 13.2%during the forecast period, with a market size of USD 95.10million in 2024.
• The South East Asia Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 14.5%during the forecast period, with a market size of USD 126.19million in 2024.
• The Rest of Asia Pacific Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 13.3%during the forecast period, with a market size of USD 129.85million in 2024.

South America Healthcare Analytical Testing Services

According to Cognitive Market Research, the global Healthcare Analytical Testing Services market size was estimated at USD 7951.5 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 397.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Healthcare Analytical Testing Services market size was valued at USD 170.16million in 2024 and is projected to grow at a CAGR of 11.5%during the forecast period. Healthcare Analytical Testing Services sales flourish in Brazil due to the increasing healthcare investments, evolving regulatory landscapes.
• Argentina Healthcare Analytical Testing Services market had a market share of USD 66.79million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. Argentina's increasing healthcare investments, evolving regulatory landscapes.
• Colombia Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.7% during the forecast period with a market size of USD 35.38million in 2024.
• Peru Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 11.1% during the forecast period with a market size of USD 32.60 million in 2024.
• Chile Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 11.2% during the forecast period with a market size of USD 28.63million in 2024.
• The Rest of Latin America Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 64.01million in 2024.

Middle East and Africa Healthcare Analytical Testing Services

According to Cognitive Market Research, the global Healthcare Analytical Testing Services market size was estimated at USD 7951.5 Million, out of which the Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 159.03million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2%from 2024 to 2031.

• The GCC Countries Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 12.0% during the forecast period with a market size of USD 68.06million in 2024. Healthcare Analytical Testing Services sales flourish due to the increased investments in healthcare infrastructure.
• The Egypt Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 16.70million in 2024.
• The South Africa Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 25.13million in 2024. Healthcare Analytical Testing Services sales flourish in South Africa due to the focus on increased investments in healthcare infrastructure.
• The Turkey Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 13.68million in 2024.
• The Nigeria Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 16.70million in 2024.
• The Rest of MEA Healthcare Analytical Testing Services market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 18.77million in 2024.

Healthcare Analytical Testing Services Market Analysis

Healthcare Analytical Testing Services Market Type Segment Analysis

According to Cognitive Market Research, Bioanalytical Testing Services stand out as the dominant category. This segment includes Pharmacokinetic & Toxicokinetic Testing, Immunogenicity & Neutralizing Antibody Testing, Biomarker Testing, Bioassays, and other bioanalytical tests. The dominance of this category can be attributed to the growing demand for precision medicine and personalized therapies. As drug development becomes increasingly complex, the need for accurate and detailed bioanalytical data is crucial for assessing the efficacy and safety of new drugs. Additionally, the rise in biologics and biosimilars has further driven the demand for comprehensive bioanalytical testing, solidifying its position as the leading category in the market.

Microbial Testing Services are experiencing the fastest growth. This category encompasses Microbial Limit Testing, Virology Testing, Sterility Testing, Endotoxin Testing, Preservative Efficacy Testing, and other microbial tests. The rapid growth in this segment is largely driven by increasing regulatory requirements and heightened awareness of infection control and prevention, particularly in pharmaceuticals and medical devices. The COVID-19 pandemic has underscored the critical importance of robust microbial testing to ensure the safety and efficacy of healthcare products, fueling the accelerated expansion of this category in the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Healthcare Analytical Testing Services Industry. Request a Free Sample PDF!

Healthcare Analytical Testing End User Market End User Segment Analysis

According to Cognitive Market Research, Pharmaceutical Companies are the dominant end user category. This dominance is driven by the rigorous testing requirements mandated throughout the drug development lifecycle, from early-stage research to final product release. Pharmaceutical companies rely heavily on analytical testing services to ensure the safety, efficacy, and quality of their products. The increasing complexity of drug formulations and the regulatory pressures to meet stringent compliance standards underscore the pivotal role of analytical testing services in this sector.

Cosmetics & Nutraceuticals Companies are the fastest-growing category. This rapid growth can be attributed to the increasing consumer demand for safe and effective cosmetic and nutritional products, coupled with stringent regulatory standards. As these industries expand, the need for robust analytical testing to validate product claims, ensure ingredient safety, and meet regulatory requirements has surged. The rise in consumer awareness about product safety and efficacy has driven this sector's accelerated growth in the analytical testing services market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion