Healthcare Analytical Testing Services Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Pages: NA
Sep 2020 | 36 Views
Author(s) : NA
Tables: NA
Charts: NA


Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Healthcare Analytical Testing Services Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Request Now !

The global healthcare analytical testing services market has witnessed growth due to increase in demand for outsourcing in R&D. Healthcare analytical testing services are broadly used by pharmaceutical, biotechnology and medical device manufacturing industries to assist through the different stages of  drug development. This service delivers support in operations of drug development that are started from the discovery through clinical trials till the commercial use of drugs by the people.



The main intention of carrying out the healthcare analytics is to get proper awareness and information about patient records, management of hospitals, and diagnosis of diseases in view to design the process and to get data for the growth of the healthcare sector. Moreover, analytical testing has a major role in the end-to-end process of manufacturing and drug development process. Considering these factors, COVID-19 is expected to have a significant impact on the healthcare analytical testing services market.

Market scope and structure analysis:

               Report Metric


  Market size available for years


  Base year considered


  Forecast period


  Forecast units

  Value (USD)

  Segments covered

  Type, End User and Region.

  Regions covered

North America (U.S .and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa.

  Companies covered

LabCorp (U.S.), Eurofins Scientific (Luxembourg), WuXi PharmaTech (China), Charles River Laboratories (U.S.), Merck KGAA (Germany), Pace Analytical (U.S.)

















COVID-19 scenario analysis 

With the outbreak of COVID-19 globally and the stipulated lockout, there is an ongoing downturn in the healthcare market. Aside from communities, COVID-19 was equally disastrous for major world economies, especially the healthcare sector. Prominent stakeholders are continuing to adapt their strategy to the rapidly changing situation. COVID-19 is projected to have significant long-term impacts on the healthcare industry. Countries and major players would have to undertake critical healthcare changes until the crisis takes a back seat.

Technological progress, cost containment and increased access will in the near future be an integral part of healthcare reforms. Digital health and telehealth have taken a front seat in the ongoing outbreak. COVID-19 re-emphasized the importance of remote diagnosis, care and consultation. Over the past few years, regulatory and behavioral barriers have slowed Telehealth growth. However, since many healthcare providers are currently working on video conferencing and telephone calls, this segment's growth will increase several folds over the next two years. The social distancing measures also mandated online consultation of patients with moderate symptoms. In addition, it greatly reduces the burden on hospitals already swamped by counts of COVID-19 patients. Medical IoT devices that live at home with patients are now being used for optimizing outpatient treatment and minimizing repeat visits, and these devices can be further used in a crisis situation. The pandemic led to severe resource constraints. This is expected to result in the development of competitive pricing and value-based pricing models, which will accelerate market growth in future. Considering these factors, COVID-19 is expected to have a significant impact on the health analytical testing services market.

Top Impacting factors:

  • There was an increase in the implementation of Full Time Equivalent (FTE)agreements in outsourcing and R&D process. It is expected to be the most important factor boosting the growth of the healthcare analytical testing services market. Moreover, the increase in demand from pharmaceutical, biotechnology and other such companies providing healthcare analytical service sowing to rise in demand for tests that are needed for biosimilar compounds and biologics, are the factors that fuel the growth of the healthcare analytical testing market.
  • The scarcity of trained and scientifically able professionals may act as a restraining factor of the healthcare analytical testing services market.
  • Moreover, the  increase in demand of bio analytical testing is high due to the extending figure of drugs in the biopharmaceutical sector and increase in biopharmaceutical industry across the globe, which is expected to boost the global healthcare analytical testing services market.
  • Increase in analytical testing service outsourcing by biopharmaceutical and pharmaceutical companies for raising the profit margins, reducing the time which is required to validate the product and process and  to avoid high capital expenditure are also forecasted to fuel the global healthcare analytical testing services market.

New Product Launches and Business Strategies:

  • In January 2020, LabCorp’s Drug Development Business launched preclinical, clinical, and post-approval cell, and gene therapy development solutions.
  • In June 2019, Eurofins Scientific obtained Transplant Genomics Inc. (U.S.) to expand its transplantation testing footprint.
  • In May 2019, SGS acquired Chemical Solutions Ltd. (CSL) (U.S.), a testing laboratory specializing in elemental and heavy metal testing for food, nutraceuticals, pharma, and cosmetic products.
  • In December 2019, Frontage Labs established partnership with J&J Corporate Services, Inc. (U.S.) to increase its hold in Canada and west coast of North America.
  • In March 2018, Charles River Laboratories added 2,800 sq. ft. of clean rooms for GMP microbial and mammalian cell banking.

Key segments covered:




  • Bio analytical testing services
  • Virology Testing
  • Cell-based Assays
  • Biomarker Testing
  • Immunogenicity & Neutralizing Antibody Testing
  • Pharmacokinetic Testing
  • Raw Material Testing Services
  • Complete Compendial Testing
  • Container testing
  • Heavy metal testing
  • Wet Chemistry Analysis
  • Batch- release Testing Services
  • Dissolution testing
  • Elemental impurity testing
  • Hardness Testing
  • Disintegration Testing
  • Physical Characterization Services
  • Laser Particle Size Analysis
  • Image Analysis
  • Thermal Analysis
  • Surface Area Analysis
  • Microbial Testing
  • Sterility testing
  • Microbial limit Testing
  • Endotoxin Testing
  • Water Testing
  • Preservative Efficacy Testing
  • Environmental Monitoring Services
  • Air Testing
  • Wastewater/ETP Testing


  End User

  • Pharmaceutical and Biopharmaceutical Companies
  • Medical Device Companies
  • Contract Research Organizations


  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA



















































Key benefits of the report:

  • This study presents the analytical depiction of the global healthcare analytical testing services market along with the current trends and future estimations to determine the investments.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the healthcare analytical testing services market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the healthcare analytical testing services market. 
  • The report provides a detailed healthcare analytical testing services market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the Healthcare Analytical Testing Services market report:

  • Who are the leading market players active in healthcare analytical testing services industry?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
  • What segments and region will drive the market growth & why?
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at










Purchase Full Report of
Healthcare Analytical Testing Services Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $8,995  $8,096
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts