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Analytical Laboratory Services Market by Public Health Organization & Types of Services - Forecast to 2021 - Research and Markets

Research and Markets
Posted on: 25 Aug 17

The "Analytical Laboratory Services Market - Forecast to 2021" report has been added to Research and Markets' offering.

The global analytical laboratory services market, by public health organization is projected to reach USD 333.8 Million by 2021 from USD 202.8 Million in 2016, at a CAGR of around 10.5% during the forecast period.

Growth in the market can be attributed to a number of factors such as the growing expenditure on drugs and medical devices by public health organizations, increasing number of drug approvals and clinical trials, and rising demand for specialized analytical laboratory services. However, complex and innovative pharmaceutical products requiring a distinctive analytical testing approach is the major challenge hampering the growth of government support.

The analytical laboratory services market, by public health organization in this report is segmented by service type. In 2015, the bioanalytical testing segment accounted for the largest share of the analytical laboratory services market, by public health organization. This growth can be attributed to factors such as the usage and development of a large number of macromolecules and biosimilars for various therapeutic areas and the growing biopharmaceutical industry across the globe. The batch release testing services segment has the second largest share during the forecast period. The growth can be attributed to the need for checking and validating the process for product development among pharmaceutical & biopharmaceutical companies and the increasing usage of dissolution test in the development and approval of generic solid oral dosage forms.

Companies Mentioned

  • Agence franaise de scurit sanitaire des produits de sant (France)
  • Agenzia Italiana del Farmaco (Italy)
  • Central Drugs Standard Control Organization (India)
  • China Food and Drug Administration
  • European Medicines Agency (U.K.)
  • Federal Institute for Drugs and Medical Devices (Germany)
  • Pharmaceuticals and Medical Devices Agency (Japan)
  • The Food and Drug Administration (U.S.)
  • The Spanish Medicines and Health Products Agency (Spain)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Spending Assessment Overview

5 Public Organization Spend Assessment for Healthcare Analytical Testing Services: Types of Services

6 Geographic Analysis

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/fwv94p/analytical

View source version on businesswire.com: http://www.businesswire.com/news/home/20170825005159/en/

Business Wire
www.businesswire.com

Last updated on: 25/08/2017

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