Precision Business Insights has published a report on the global analytical laboratory services market, estimating its value at USD 7.0 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 11.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/analytical-laboratory-services-market

Market Definition:

Specialized scientific testing and measuring services offered by laboratories to examine the structural, chemical, biological, and physical makeup of materials, substances, and products are referred to as analytical laboratory services. Pharmaceuticals, food and beverage, chemicals, environmental testing, biotechnology, and manufacturing are just a few of the industries that depend on these services to guarantee quality, safety, compliance, and performance.

Drivers:

1) Increasing focus on product quality and safety.
2) Growth in the pharmaceutical and biotechnology industry.

The global analytical laboratory services market segmentation:

By Test Type (Batch Release Testing, Stability Testing, Raw Material Testing, Physical Characterization, Method Validation, Microbial Testing, Environmental Monitoring, Bioanalytical Testing, Others), By Technology (Mass Spectrometry, UPLC technology, Immunochemistry, Turbulent Flow Technology), By End-Use (Pharma & Biopharma Companies, CRO, CDMO, Others)

Regional Overview:
The report also examines the current concerns and their Future Effects on the analytical laboratory services market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the analytical laboratory services market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Eurofins Scientific SE, SGS S.A. Bureau Veritas S.A. Thermo Fisher Scientific Inc. Intertek Group plc, Charles River Laboratories International, Inc. WuXi AppTec, Laboratory Corporation of America Holdings (LabCorp) IQVIA Inc. Medpace Holdings, Inc. Source BioScience plc, Almac Group, ICON plc, Syneos Health, Inc. Frontage Laboratories, Inc. ALS Limited, BioAgilytix Labs, Toxikon Corporation, Pace Analytical Services, LLC, Covance (part of LabCorp) Shanghai Medicilon, Inc. Solvias AG, Merck KGaA,Bio-Rad Laboratories, Inc., Eppendorf AG, PPD (Pharmaceutical Product Development, LLC) Intertek Pharmaceutical Services, Element Materials Technology, Envigo, Nexelis (a Q² Solutions Company) ChemPartner, Recipharm AB SGS Life Sciences Services, Accugen Laboratories, Inc. Creative BioMart, Avomeen Analytical Services, Smithers Group, Eurofins Lancaster Laboratories, NSF International, Microbac Laboratories, Inc.

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