Showing posts with label Bioanalytical Testing Services Market Size. Show all posts
Showing posts with label Bioanalytical Testing Services Market Size. Show all posts

Monday, 29 November 2021

Global Bioanalytical Testing Services Market Trends, Growth, Opportunities and Forecast To 2028

 The report “Global Bioanalytical Testing Services Market Growth 2021-2028” from PMR Market Research includes data and information about market structure and size. The purpose of this research is to give market knowledge and strategic insights to assist in decision making, making informed investment decisions, and identifying potential growth opportunities.

 

The research report adopts primary and secondary research approaches, resulting in a precise and accurate insight into the Bioanalytical Testing Services industry. To examine the segments and provide a fair assessment of their influence on the worldwide market, analysts utilized a top-down and bottom-up strategy. The study begins with a market overview, which includes a brief description of the industry's current state as well as the major segments. It also lists the leading players in the global market.


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A Porter's five forces analysis and SWOT analysis are included in the research study on the global Bioanalytical Testing Services market, which empower to determine the market's accurate trajectory. Such effective market analysis tools helps to identify market’s major drivers, restraints, risks, and market opportunities. In addition to this, the research report also features statistics for global market as well as different regional markets.


Market Segmentation

The report features in-depth segmentation and sub-segmentation of the target market. The executive summary of the Bioanalytical Testing Services market research provides a quick overview of the market. It discusses the key sectors and companies projected to shape the market in the coming years. The executive summary provides a non-biased view of the market. It describes how the market's demand and supply will be affected by shifting demographics. It goes over the regulatory adjustments that are expected to change people's buying behavior.


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COVID-19 Pandemic Impact Analysis

This Bioanalytical Testing Services market study discusses the impact of the COVID-19 pandemic on macro and micro aspects of business, hurdles encountered by each sector, and continuous efforts to turn this crisis into an opportunity. The research report also discusses government policies for recovering the economy in detail, in order to assist businesses in expanding or entering new markets, as well as introducing new products and services.


Competitive Analysis

This section of the research study focuses on the market's leading players and competitive landscape. The Bioanalytical Testing Services market study provides a list of strategic efforts undertaken by companies in recent years, as well as those anticipated in the near future. The financial prospects of these companies, their research and development activities, and their expansion plans for the near future have all been noted by researchers. The global market research report is a serious endeavor to provide interested readers with a thorough view of the market.


Market participants such as : PPD Inc., Covance Inc., ICON plc, Charles River Laboratories International, Inc., LabCorp, SGS SA, inVentiv Health, Pace Analytical Services, LLC, and Intertek group.


Key Reason to buy this Bioanalytical Testing Services Market Research Report

  • It provides analytical data along with strategic planning approaches to help businesses make informed decisions.
  • The market's dynamics, such as drivers, restraints, trends, and opportunities, are examined by researchers.

 

  • It provides a wealth of information on current events that will have an impact on the market's overall performance.

 

  • It includes regional analysis of the global market as well as corporate profiles of various stakeholders.

 

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Tuesday, 12 October 2021

Bioanalytical Testing Services Market Size, Outlook, Key Prospects And Future Growth

 The global bioanalytical testing services market size is expected to reach USD 6.34 billion by 2028 according to a new study by Polaris Market Research. The report “Bioanalytical Testing Services Market Share, Size, Trends, Industry Analysis Report, By Molecule Type (Small Molecule, Large Molecule); By Test Type; By Workflow; By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Bioanalytical testing is the most crucial process involved in the process of drug discovery and development. Bioanalytical methods are employed in pharmacokinetics, bioequivalence, toxicology, pharmacology, and bioavailability studies in humans or animals for the quantitative analysis of drugs in biological samples such as plasma, serum, urine, or other biological systems.

Now, pharmacokinetic characterization of a novel chemical drug candidate is conducted from the initial process of drug discovery to the advanced stages of drug development. ADME/PK screening is used to study metabolism and absorption, and the testing is initially carried out in in-vitro systems. Still, however, in-vivo studies are carried out in later stages of pre-clinical development for definitive assessment of overall drug disposition.

 

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Bioanalytical Testing Services Market Report

In previous decades ADME/PK studies were carried out at later stages of clinical development. Hence, many new chemical entities failed at later development stages due to shortcomings in metabolism and PK. In-vitro approaches in ADME/PK at an earlier stage in the drug development process will minimize the failure of a drug candidate at later stages.

 

The development of innovative drugs in the market, the emergence of biosimilars, and increasing numbers of CROs across the globe are the primary driving force behind the growth of the global testing services market. Companies are also raising funds and going for acquisition and collaboration to develop and commercialize new bioanalytical platforms.

 

In January 2021, Adeptrix Corp raised Series A investment to accelerate its proprietary BAMS platform technology commercialization. The company has recently entered into many research partnerships to develop rapid and accurate COVID-19 diagnostics based on its Bead Assisted Mass Spectrometry.

 

During the same time, Nexelis acquired a GCLP-certified clinical bioanalytical laboratory owned by GSK Germany. The certified clinical bioanalytical laboratory has 80 scientists and analysts. Through a 5-year collaboration agreement, the team of Nexelis will now assist in the development of future vaccine candidates of GSK.

 

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COVID-19 pandemic has further accelerated the growth of the global testing services market during the forecast period. Services companies are investing in bioanalytical platforms to develop new COVID-19 diagnostic testing and develop new drugs to combat the deadly pandemic that is wreaking havoc across the globe.

 

Market participants such as PPD Inc., Covance Inc., ICON plc, Charles River Laboratories International, LabCorp, SGS SA, inVentiv Health, Pace Analytical Services, LLC, and Intertek group are some of the key players operating in the global services market.

 

Polaris Market Research has segmented the bioanalytical testing services market report on the basis of molecule type, workflow, test type, and region

 

Bioanalytical Testing Services, Molecule Type Outlook (Revenue – USD Million, 2016 – 2028)

  • Small Molecule
  • Large Molecule
    • LC-MS Studies
    • Immunoassays
      • Pharmacokinetics (PK)
      • Anti-Drug Antibody (ADA)
      • Other
    • Other Large Molecule Tests

Bioanalytical Testing Services, Test Type Outlook (Revenue – USD Million, 2016 – 2028)

  • Absorption, Distribution, Metabolism, Excretion (ADME)
    • In-vivo
    • In-vitro
  • Pharmacokinetics (PK)
  • Pharmacodynamics (PD)
  • Bioavailability
  • Bioequivalence
  • Other Tests

Bioanalytical Testing Services, Workflow Outlook (Revenue – USD Million, 2016 – 2028)

  • Sample Preparation
    • Protein precipitation
    • Liquid-liquid extraction (LLE)
    • Solid phase extraction (SPE)
  • Sample Analysis
    • Hyphenated technique
    • Chromatographic technique
    • Electrophoresis
    • Ligand Binding Assay
    • Mass spectrometry
    • Nuclear magnetic resonance
  • Other Workflow Processes