| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Market Size (2025) | USD 4.29 Billion |
| Market Size (2030) | USD 6.66 Billion |
| CAGR (2025 - 2030) | 9.19 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bioanalytical Testing Services Market Analysis
The Bioanalytical Testing Services Market size is estimated at USD 4.29 billion in 2025, and is expected to reach USD 6.66 billion by 2030, at a CAGR of 9.19% during the forecast period (2025-2030).
Bioanalytical technologies have played a critical role in mitigating the COVID-19 pandemic and will continue to be foundational in the prevention of the subsequent waves of this pandemic, along with future infectious disease outbreaks. Companies, such as SGS, a leading bioanalytical service provider, offer a full range of bioanalytical services for both small molecules and biologics, including mass spectrometry, immunoassays, and cell-based assays. In November 2020, SGS, the world's leading inspection, verification, testing, and certification company, invested in its Biosafety Center of Excellence in Glasgow, boosting its capacity to support scientists and manufacturers in the development of effective vaccines, cell and gene therapies, and other biological medicines.
The major factor contributing to the growth of the market studied is the increased necessity for specific types of tests in R&D activities and the increasing trend of outsourcing laboratory testing services. Due to the increasing trend of outsourcing laboratory testing services, companies are expanding their market share by offering various types of pharmaceutical laboratory services and solutions. Additionally, major players are focusing on different strategies, such as mergers, acquisitions, and other developments. For instance, in August 2021, Eurofins Scientific signed an agreement with Noritsu Koki Co. Ltd to acquire GeneTech Inc., a leading Japanese player in genetic analysis, to expand Eurofins' testing portfolio in Japan. The bioanalytical services market plays an important role; hence, the market is anticipated to grow significantly.
The rise in demand for bioanalytical testing services can also be due to the growing prevalence of infectious diseases, HIV, etc. This rise contributes to the bioanalytical testing services market growth. Additionally, rising government initiatives to control the outbreaks of infectious diseases such as COVID-19 is expected to provide more opportunities, which is expected to contribute to the growth of the market studied.
Bioanalytical Testing Services Market Trends
Small Molecule Sub-segment Expected to Show Better Growth in the Bioanalytical Testing Services Market
The small molecule testing services sub-segment is anticipated to witness growth due to its pivotal role in developing generic versions of branded drugs. Bioanalysis testing services play a significant role in proving the efficiency to simulate generic drug release profiles with that of branded drugs, resulting in the growth of the segment.
On the other hand, the large molecule segment is expected to witness lucrative growth during the forecast period, contributing to the expansion of the large molecule bioanalytical technologies market. Bioanalytical testing of large molecules is one of the most challenging tasks for the biopharmaceutical sector. Hence, various techniques are used, such as MALDI-TOF-MS, Ligand Binding Assays, size exclusion affinity chromatography, etc. Bioanalytical testing of large molecules is generally conducted in well-established R&D labs by the biopharmaceutical sector, followed by other Phase II studies, while long-term toxicity studies are mostly outsourced. Hence, outsourcing bioanalytical testing of these molecules is likely to be the prevailing trend over the forecast period, driving the outsourced bioanalytics services.
Owing to the COVID-19 pandemic, many biotech and pharmaceutical firms have been focusing on effective and rapid technologies for the fast diagnosis of COVID-19 and to develop vaccines/therapeutics that can help mitigate the spread by ensuring the appropriateness of care across all healthcare settings and achieving high-quality outcomes, which are further driving demand for the bioanalytical testing services globally. For instance, in July 2020, CIRION BioPharma Research Inc., a US-based GLP-certified contract research laboratory, announced that the company is expanding its bioanalytical laboratory services by increasing its existing laboratory facilities to support drug and vaccine developments related to COVID-19. Thus, the small molecule sub-segment is expected to contribute significantly over the forecast period due to the abovementioned factors.
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North America Dominates the Market and its Dominance Expected to Continue in the Forecast Period
North America is expected to dominate the bioanalytical testing services market, and this trend is expected to continue over the forecast period. This can be majorly attributed to the growing demand for bioanalytical services with a high volume of ongoing research activities and clinical trials, which is expected to fuel the market growth in the region.
In North America, the United States holds the largest market share due to the increased patient pool of various chronic diseases and increased adoption of peptides and other large molecule therapeutics as an alternative to small molecules that have more side effects. According to the Centers for Disease Control and Prevention, around USD 3.5 trillion is spent on chronic diseases in the United States. Therefore, companies have been taking initiatives to meet the high demand, which is expected to fuel the North America pharmacokinetics and pharmacodynamics market.
Moreover, according to the International Diabetes Federation, in 2020, about 48 million adults in North America were living with diabetes, and the trend is expected to continue, resulting in higher demand for bioanalysis testing services of novel therapeutics to stop the growing diabetes patient pool. Thus, the rising demand for bioanalytical services, the large number of ongoing clinical trials, and huge investments by many major pharmaceutical companies are the key factors driving the growth of the market studied in the country.
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Bioanalytical Testing Services Industry Overview
The bioanalytical testing services market is moderately competitive and consists of several major players. Some of the companies, being leading bioanalytical service providers, are expanding their market position by offering various types of services, launching new methods for assay validation, while others are offering laboratory solutions. Some bioanalytical services companies currently dominating the market are SGS SA, ICON PLC, Laboratory Corporation of America Holdings, Syneos Health Inc., Charles River Laboratories Inc., etc.
Bioanalytical Testing Services Market Leaders
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Syneos Health Inc
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Charles River Laboratories Inc
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Laboratory Corporation of America Holdings
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ICON Plc
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SGS SA
- *Disclaimer: Major Players sorted in no particular order
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Bioanalytical Testing Services Market News
In November 2021, Labcorp launched a new bioanalytical lab facility in Singapore, which is an expansion of its central laboratory services and will help expand the capabilities of Singapore's biomedical ecosystem.
In February 2021, Nexelis acquired GSK's Marburg, Germany-based vaccines clinical bioanalytical laboratory for expanding its bioanalytical capabilities.
Bioanalytical Testing Services Industry Segmentation
Bioanalysis involves quantitative measurement of xenobiotics, like small molecule drugs and their metabolites and biological molecules. Bioanalytical testing services are used in the development and validation of robust bioanalytical methods in body fluids and tissue specimens. These tests are used to support pre-clinical and Phase I through Phase IV clinical trials.
The bioanalytical testing services market is segmented by molecule type (small molecule and large molecule), by test type (bioavailability and bioequivalence studies, pharmacokinetics, pharmacodynamics, and other test types), and by geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
| By Molecule Type | Small Molecules | ||
| Large Molecules | |||
| By Test Type | Bioavailability and Bioequivalence Studies | ||
| Pharmacokinetics | |||
| Pharmacodynamics | |||
| Other Test Types | |||
| Geography | North America | US | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| UK | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle-East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle-East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
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Bioanalytical Testing Services Market Research FAQs
How big is the Bioanalytical Testing Services Market?
The Bioanalytical Testing Services Market size is expected to reach USD 4.29 billion in 2025 and grow at a CAGR of 9.19% to reach USD 6.66 billion by 2030.
What is the current Bioanalytical Testing Services Market size?
In 2025, the Bioanalytical Testing Services Market size is expected to reach USD 4.29 billion.
Who are the key players in Bioanalytical Testing Services Market?
Syneos Health Inc, Charles River Laboratories Inc, Laboratory Corporation of America Holdings, ICON Plc and SGS SA are the major companies operating in the Bioanalytical Testing Services Market.
Which is the fastest growing region in Bioanalytical Testing Services Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Bioanalytical Testing Services Market?
In 2025, the North America accounts for the largest market share in Bioanalytical Testing Services Market.
What years does this Bioanalytical Testing Services Market cover, and what was the market size in 2024?
In 2024, the Bioanalytical Testing Services Market size was estimated at USD 3.90 billion. The report covers the Bioanalytical Testing Services Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Bioanalytical Testing Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Bioanalytical Testing Services Industry Report
The global bioanalytical testing services market is segmented by molecule type, test type, and geography. The market is analyzed based on small and large molecules, with test types including bioavailability and bioequivalence studies, pharmacokinetics, pharmacodynamics, and other test types. The market spans across North America, Europe, Asia-Pacific, Middle-East and Africa, and South America. The market size and forecasts are provided in terms of value for these segments.
The market growth is driven by the increasing demand for bioanalytical testing services, which is reflected in the market trends. The global market is seeing a rise in market share and market size, with industry analysis indicating a positive outlook. The industry overview highlights the significance of bioanalytical testing in various regions, supported by detailed industry reports.
Market analysis shows a promising market forecast, with market leaders playing a crucial role in shaping the industry. The market report provides comprehensive market research, supported by industry statistics and market data. The market outlook and market predictions indicate sustained growth, with market review and market segmentation offering insights into different market segments.
Industry research and industry sales data further emphasize the market value of bioanalytical testing services. The industry size and industry trends underline the importance of this sector in the global market. The report example and report PDF provide additional resources for understanding the market dynamics.
Research companies are actively contributing to the market growth, with industry information and market forecast playing a key role in strategic planning. The industry outlook and market overview provide a holistic view of the market, while market predictions and market review offer a detailed analysis of future trends. The market segmentation and market value highlight the diverse applications and economic impact of bioanalytical testing services.
