The Healthcare Analytical Testing Services Market Size was valued at USD 12.07 billion in 2022, and is expected to reach USD 24.78 billion by 2030, and grow at a CAGR of 9.4% over the forecast period 2023-2030.

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The healthcare analytical testing services market is a rapidly growing sector that plays a crucial role in ensuring the safety, efficacy, and quality of healthcare products and services. As the demand for advanced medical treatments and diagnostics continues to rise, so does the need for accurate and reliable analytical testing.

One of the key drivers behind the growth of this market is the increasing complexity of healthcare products. From pharmaceutical drugs to medical devices, these products are becoming more sophisticated, requiring comprehensive testing to meet regulatory standards. Analytical testing services help manufacturers and healthcare providers ensure that their products comply with stringent regulations and are safe for patient use.

Moreover, technological advancements have revolutionized the field of analytical testing. The emergence of high-throughput screening techniques, such as mass spectrometry and next-generation sequencing, has enabled faster and more precise analysis of biological samples. This has not only improved the efficiency of testing processes but also expanded the range of analytes that can be detected.

KEY MARKET SEGMENTS

By Type

Raw Material Testing Services

Bioanalytical testing services

Physical Characterization Services

Batch-release Testing Services

Environmental Monitoring Services

Microbial Testing

By End-User

Contract Research Organizations

Medical Device Companies

Pharmaceutical and Biopharmaceutical Companies

Major Players Listed in the Report are as Follows:

PPD, Inc., Syneos Health, Intertek Group, LabCorp, ICON plc, Toxikon, Inc., Pace Analytical Services, LLC, Charles River Laboratories International, Inc., Eurofins Scientific, SGS SA, and Other players.

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