The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global healthcare analytical testing services market is expected to grow from $4.86 billion in 2022 to $5.65 billion in 2023 at a compound annual growth rate (CAGR) of 16.2%. The healthcare analytical testing services market size is expected to grow to $9.41 billion in 2027 at a CAGR of 13.6%.

North America held the largest healthcare analytical testing services market share, and Asia-Pacific was the fastest-growing region in 2022.

Healthcare Analytical Testing Services Market Driver
The increase in cases of chronic diseases are expected to drive the healthcare analytical testing services market going forward. Chronic diseases refer to diseases that persist in humans for more than three months, and these diseases include arthritis, asthma, cancer, diabetes, and so on. Healthcare analytical testing services are essential for the diagnosis and early treatment of millions of patients suffering from chronic diseases. For instance, according to Firstpost, an India-based online news and media website, diabetes cases in India are expected to double to 134 million by 2025. Therefore, increasing cases of chronic diseases are driving the growth of the healthcare analytical testing service market.

View More On The Healthcare Analytical Testing Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-analytical-testing-services-global-market-report

Prominent Healthcare Analytical Testing Services Market Trend
Technological advancement is the key trend gaining popularity in the healthcare analytical testing service market. Major market players are creating innovative technologies to sustain their position in the market. For instance, in April 2022, Charles River Laboratories International Inc., a US-based pharmaceutical company that provides clinical analytical and drug discovery services, and Valo Health Inc., a US-based company operating in the drug discovery process, launched the Logica analytical platform. This integrated AI-powered drug testing platform helps to design drug molecules, synthesis capabilities, and DNA-encoded libraries and directly translates biological testing outputs into optimized preclinical results to enhance drug discovery and biological testing.

Healthcare Analytical Testing Services Market Prominent Players
Major players in the healthcare analytical testing services market are Laboratory Corporation, Eurofins Scientific SE, Charles River Laboratories International Inc., Pace Analytical Services LLC, WuXiAppTec, PPD Inc., Intertek Group plc, Syneos Health, ICON plc, Merck KGaA, SourceBio International plc, Element Materials Technology Group, Thermo Fisher Scientific Inc., Danaher Corporation, Almac Group, Steris Corporation, Sartorius AG, ALS Limited, Anacura Life Sciences, and Impact Analytical Testing Lab.

Request A Sample Of The Global Healthcare Analytical Testing Services Market Report 2023:
https://www.thebusinessresearchcompany.com/sample_request?id=7448&type=smp

Key Healthcare Analytical Testing Services Market Segments
The global healthcare analytical testing services market is segmented –
1) By Type: Bioanalytical Testing Services, Physical Characterization Services, Method Development And Validation Testing Services, Raw Material Testing Services, Batch-Release Testing Services, Stability Testing, Microbial Testing Services, Other Types
2) By End User: Pharmaceutical And Biopharmaceutical Companies, Medical Device Companies, Contract Research Organizations

The Healthcare Analytical Testing Services Global Market Report 2023  provides a comprehensive overview on the healthcare analytical testing services market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the healthcare analytical testing services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Healthcare Automation Global Market Report 2023
Healthcare Adhesive Tapes Global Market Report 2023
Healthcare Business Intelligence Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model