Pharmaceutical Analytical Testing Outsourcing Market

Pharmaceutical Analytical Testing Outsourcing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2035

Pharmaceutical Analytical Testing Outsourcing Market: Introduction

  • Pharmaceutical analytical testing services involve a broad array of laboratory tests that are used to measure the quality, safety, and efficacy of numerous pharmaceutical products. Pharmaceutical analytical testing services are used to assess regulatory compliance and include several different testing procedures for use across all stages of drug development and production.
  • Bioanalytical testing refers to the quantification of drug pharmacokinetics and pharmacodynamics by measuring drugs in body fluids. Bioanalytical testing finds its importance in ascertaining the distribution, absorption, metabolism, and excretion of a drug and thus its dosage and efficiency in the clinical environment.
  • Method development and validation are intrinsic processes in analytical testing that define whether the used methods are reliable, accurate, and reproducible. This involves test protocol development and optimization in order to achieve the regulatory expectation and thereby validate purity of test products.
  • Stability testing defines how the quality of a drug product changes with time under different environmental conditions. Stability testing establishes the shelf life and storage conditions of drugs, such that they remain effective and safe for their intended period of use.
  • Molecular biology services involve the methodologies such as PCR, sequencing, and analysis of gene expression. These services assist in drug development and discovery with information on drug response from genetic perspectives and consequently aid in ascertaining potential therapeutic targets.
  • Biomarker services are committed to drug efficacy or safety biomarker discovery and qualification. Biomarker services are a key component of personalized medicine strategies, allowing patients to be treated according to their own individualized profile and optimizing the effectiveness of clinical trials.
  • Apart from the aforementioned services, there are other analytical test services including impurity profiling, residual solvent analysis, and microbiological testing. All these services offer complete quality analyses, covering every aspect of pharmaceutical products and maintaining high regulatory standards compliance.
  • Further, pharmaceutical analytical testing services can be utilized at any stage of drug development, from preclinical to post-marketing surveillance. Pharmaceutical analytical testing services are crucial for a drug to be safe and effective, thereby guaranteeing successful regulatory filing and market launch.

Benefits of Outsourcing Pharmaceutical Analytical Testing

  • Pharmaceutical analytical testing outsourcing can considerably trim the operational expenditure of the companies. By outsourcing analysis to third-party laboratories, companies can eliminate the expense of maintaining testing facilities internally, including equipment, staff, and continuous training. This enables companies to become more economical and devote more investment to the key business processes, like research and development.
  • Outsourcing offers access to a group of highly qualified technical talent and technology that may not be available in-house. Contract laboratories are more likely to have trained analysts and high-performance analytical equipment, which translates to higher accuracy and efficiency of analysis. This arrangement enhances data quality generated, thereby optimizing the drug development process.
  • Through outsourcing analytical testing, pharmaceutical companies can streamline operations and achieve time-to-market advantage on new products. Contract labs are in a position to rapidly adjust to fluctuating testing requirements, allowing for faster turnaround times. This responsiveness enables companies to keep up with regulatory timelines and deliver products to market faster, realizing a competitive advantage in the market.
  • Contracting the analytical testing with approved labs is certain to attain compliance with stringent regulatory requirements. The approved labs are best placed to know about newer guidelines and standards demanded by regulators, lessening the potentiality of non-compliance. It can improve test results credibility to facilitate smoother, more uniform regulatory filings.

Rapid Technological Advancements in Analytical Technologies is Fueling the Global Pharmaceutical Analytical Testing Outsourcing Market

  • Recent technological advancements in the field of testing, including the use of ultra-performance liquid chromatography (UPLC) and high-resolution mass spectrometry, have increased testing accuracy and sensitivity dramatically. The applications enable trace identification of chemicals in determining that drugs conform to highly demanding levels of quality. Outsourcing to competent laboratories that have access to modern technologies is companies' choice of action in making sure testing is reliable.
  • The combination of automation and high-throughput screening technologies in analytical testing has changed the business. Automated systems have the capability of running several analyses at the same time, decreasing the time it takes to conduct testing significantly. This efficiency not only speeds up the drug development process but also enables the pharmaceutical firms to outsource these operations of high volume to laboratories with the required automation, providing faster turnaround times and lower cost.
  • Modern analytical technologies are often paired with the advanced data analysis tools in the form of machine learning algorithms and statistical software. These allow labs to more easily handle and understand complicated sets of data, as well as to gain more understanding of the pharmacokinetics and pharmacodynamics of a drug. This advantage is gained by pharma companies via outsourcing to laboratories with these resources, which adds to the data quality and provides room for informed decision-making.
  • Sudden leaps in analytical technologies usually come with associated new regulatory norms and guidelines. Outsourcing laboratory services to speciality laboratories allows pharmaceutical companies to stay ahead of industry regulation. This does not only ensure minimal risk for non-compliance but also consolidates the regulation submission process to allow companies to get new products to market with greater efficiency.

North America to Lead Pharmaceutical Analytical Testing Outsourcing Market

  • In terms of region, the global pharmaceutical analytical testing outsourcing industry can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America, particularly the United States, has a strong regulatory framework under institutions like the FDA. Having such a strong regulation regime, however, necessitates quality testing services that match the safety and effectiveness demands. Pharmaceutical firms in this region would ideally contract out their analytical tests to specialized laboratories aware of such regulations so that their drugs meet the standards outlined.
  • North America has some of the largest pharmaceutical and biopharma companies in the world, and therefore there is a very high demand for analytical testing services. These companies invest heavily in R&D, and this increases the demand for high-quality analytical testing to assist with drug development and quality control. The high concentration of market leaders in the region generates a competitive market that incentivizes outsourcing alliances with specialist laboratories that have high-level analytical capability. It not only increases the pharmaceutical analytical testing outsourcing market share in North America but also makes it a global hub of pharmaceutical testing services.

Key Players Operating in Global Pharmaceutical Analytical Testing Outsourcing Market

  • Charles River Laboratories
  • Eurofins Scientific
  • Labcorp
  • SGS Société Générale de Surveillance SA
  • PPD (Thermo Fisher Scientific Inc.)
  • WuXi AppTec
  • Pace Life Sciences, LLC
  • Intertek Group plc
  • BA Sciences
  • Syneos Health

Pharmaceutical Analytical Testing Outsourcing Market Segmentation

  • By Service Type:
    • Bioanalytical Testing
      • Clinical
      • Non-clinical
    • Method Development and Validation
      • Extractable and Leachable
      • Impurity Method
      • Technical Consulting
      • Other Method Development and Validations
    • Stability Testing
      • Drug Substance
      • Stability Indicating Method Validation
      • Accelerated Stability Testing
      • Photostability Testing
      • Other Stability Testing
    • Molecular Biology Services
    • Biomarker Services
    • Others
  • By Molecule Type:
    • Small Molecule Bioanalysis
    • Large Molecule Bioanalysis
  • By Application:
  • By End-user:
    • Pharmaceutical Companies
    • Biotechnology Companies
    • Contract Research Organizations
    • Others
  • By Region:
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa

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