Overview


According to FutureWise analysis the market for analytical laboratory services is expected to reach US$ 20.8 billion by 2031 at a CAGR of 14.90%.

Analytical Laboratory Services refer to a specialized range of scientific and technical services offered by laboratories to analyze and evaluate various types of samples. These services are utilized across multiple industries, including pharmaceuticals, environmental monitoring, food and beverages, manufacturing, research, and more. The primary objective of analytical laboratory services is to provide accurate and reliable data about the composition, quality, characteristics, and properties of substances, materials, or products.

Analytical laboratories are equipped with advanced instruments and techniques that enable the comprehensive examination of samples. These may include complex instruments such as spectrometers, chromatographs, mass spectrometers, microscopes, and more. The analyses conducted in these laboratories help clients make informed decisions, ensure compliance with regulations, troubleshoot issues, maintain product quality, and contribute to research and development efforts. The scope of analytical laboratory services is broad and can encompass chemical, physical, biological, and microbiological analyses. Testing can involve the identification and quantification of elements, compounds, contaminants, pathogens, and other relevant components in a given sample. The results obtained from these analyses often play a crucial role in supporting research, development, quality control, safety assurance, and regulatory compliance across various industries.

FutureWise Market Research has published a report that provides an insightful analysis of Analytical Laboratory Services Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Analytical Laboratory Services Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Eurofins Scientific
  • SGS SA
  • Bureau Veritas
  • ALS Limited
  • Intertek Group plc
  • Charles River Laboratories International, Inc.
  • Agilent Technologies, Inc.
  • Thermo Fisher Scientific Inc.
  • Merck KGaA (Merck Group)
  • Bio-Rad Laboratories, Inc.
  • Waters Corporation
  • Shimadzu Corporation
  • EAG Laboratories (Eurofins EAG)
  • Avomeen Analytical Services
  • TÜV SÜD
  • Pace Analytical Services, LLC
  • Eppendorf AG
  • LGC Limited
  • RSSL (Reading Scientific Services Limited)
  • TÜV Rheinland Group

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in the Analytical Laboratory Services Market:

  • In April 2021, SGS SA revealed the successful renaming of SYNLAB Analytics & Services to SGS Analytics. This name change follows the acquisition of a prominent European company specializing in environmental, food, and health sciences testing, as well as tribology services. This acquisition represents a pivotal step in SGS's ongoing expansion and advancement efforts. By aligning with SGS's established expertise, the acquisition facilitates enhanced support for businesses navigating the continuously evolving landscape of regulations. These regulations are crucial for upholding safety standards across sectors such as food, pharmaceuticals, and the environment.

The global analytical laboratory services market is anticipated to witness significant expansion during the upcoming years, driven by several key drivers. The rise of the pharmaceutical and biotechnological industries is set to amplify demand for analytical services, with critical roles in pharmacokinetic testing, batch testing, and microbial testing, all pivotal for drug development and safety assurance. Concurrently, governmental initiatives aimed at bolstering analytical testing capabilities are expected to provide substantial funding and resources, thereby expanding the capacity of analytical laboratories and fostering an increase in market players, ultimately contributing to the market's growth trajectory. Moreover, the rising number of drug approvals and clinical trials within the biopharmaceutical sector fuels the demand for contractual analytical testing, establishing a mutually beneficial relationship between industry expansion and analytical services growth. Notably, the market also presents an opportunity through the burgeoning trend of collaboration among market players, evident in partnerships, agreements, and collaborations that surmount challenges like limited global presence and supply chain complexities while broadening service portfolios. 

However, a notable challenge lies in the high cost associated with establishing advanced analytical laboratories, as the procurement of sophisticated instruments and technology entails substantial upfront investment, potentially restricting market entry for smaller players and acting as a restraint on the market's growth trajectory during the projected timeframe.
 

By Test Type

  • Bioanalytical Testing
  • Batch release Testing
  • Method Validation
  • Raw Material Testing
  • Microbial Testing
  • Physical Characterization
  • Stability Testing
  • Environmental Monitoring

By Service Type

  • Hospital-Based Laboratories
  • Stand-alone Laboratories
  • Clinics-Based Laboratories

By Method Type

  • Pharmacokinetic Testing
  • Biomarker Testing
  • Virology Testing
  • Cell-Based Assays
  • Immunogenicity
  • Serology

By Application

  • Oncology
  • Neurology
  • Infectious Disease
  • Cardiology
  • Gastroenterology
  • Others

By Technology

  • Mass Spectroscopy
  • Immunochemistry
  • UPLC Technology
  • Turbulent Flow Technology
  • Others

By End User

  • Pharmaceutical and Biopharmaceutical Companies
  • Contract Development and Manufacturing Organizations
  • Contract Research Organizations
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America is anticipated to maintain its market dominance owing to its significant investments in quality testing, stringent regulatory frameworks, an increasing volume of clinical trials, and the well-established federal testing laboratories operating in the region. Within North America, the analytical laboratory services market is projected to be predominantly led by the United States, driven by the ongoing expansion and enhancement of laboratory infrastructure throughout the nation. This expansion is expected to greatly enhance analytical capacities and solidify the United States' position within the market.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the Analytical Laboratory Services Market By Type of Service and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1 . Years Considered for the Study
         3.2 . Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1 . Secondary Data
          1.1.1 . Key Data from Secondary Sources
         1.2 . Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Analytical Laboratory Services Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Analytical Laboratory Services Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Analytical Laboratory Services Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Analytical Laboratory Services Market, By Test Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Bioanalytical Testing
        2. Batch Release Testing
        3. Stability Testing
        4. Raw Material Testing
        5. Physical Characterization
        6. Method Validation
        7. Microbial Testing
        8. Environmental Monitoring

  • 8.  Analytical Laboratory Services Market, By Service Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospital-Based Laboratories
        2. Stand-alone Laboratories
        3. Clinics-Based Laboratories

  • 9.  Analytical Laboratory Services Market, By Method Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Pharmacokinetic Testing
        2. Biomarker Testing
        3. Virology Testing
        4. Cell-Based Assays
        5. Immunogenicity
        6. Serology

  • 10.  Analytical Laboratory Services Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Oncology
        2. Neurology
        3. Infectious Disease
        4. Cardiology
        5. Gastroenterology
        6. Others

  • 11.  Analytical Laboratory Services Market, By Technology Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Mass Spectroscopy
        2. Immunochemistry
        3. UPLC Technology
        4. Turbulent Flow Technology
        5. Others

  • 12.  Analytical Laboratory Services Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Pharmaceutical and Biopharmaceutical Companies
        2. Contract Development and Manufacturing Organizations
        3. Contract Research Organizations
        4. Others

  • 13.  North America Analytical Laboratory Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
           2.1. U.S.A
           2.2. Canada
           2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 14.  Latin America Analytical Laboratory Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
           2.1. Brazil
           2.2. Venezuela
           2.3. Argentina
           2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 15.   Europe Analytical Laboratory Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
           2.1. Germany
           2.2. U.K
           2.3. France
           2.4. Italy
           2.5. Spain
           2.6. Russia
           2.7. Poland
           2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 16.  Asia Pacific Analytical Laboratory Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
           2.1. Japan
           2.2. China
           2.3. India
           2.4. Australia and New Zealand
           2.5. ASEAN
           2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031  

  • 17.  Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
           2.1. GCC
           2.2. Israel
           2.3. South Africa
           2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 18.  Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix

  • 19.  Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •  1. Eurofins Scientific
        1.1. Company Overview
        1.2. Product Portfolio
        1.3. SWOT Analysis
        1.4. Financial Overview
        1.5. Strategic Overview
       2. SGS SA
        2.1. Company Overview
        2.2. Product Portfolio
        2.3. SWOT Analysis
        2.4. Financial Overview
        2.5. Strategic Overview
       3. Bureau Veritas
        3.1. Company Overview
        3.2. Product Portfolio
        3.3. SWOT Analysis
        3.4. Financial Overview
        3.5. Strategic Overview
       4. ALS Limited
        4.1. Company Overview
        4.2. Product Portfolio
        4.3. SWOT Analysis
        4.4. Financial Overview
        4.5. Strategic Overview
       5. Intertek Group plc
        5.1. Company Overview
        5.2. Product Portfolio
        5.3. SWOT Analysis
        5.4. Financial Overview
        5.5. Strategic Overview
       6. Charles River Laboratories International, Inc.
        6.1. Company Overview
        6.2. Product Portfolio
        6.3. SWOT Analysis
        6.4. Financial Overview
        6.5. Strategic Overview
       7. Agilent Technologies, Inc.
        7.1. Company Overview
        7.2. Product Portfolio
        7.3. SWOT Analysis
        7.4. Financial Overview
        7.5. Strategic Overview
       8. Thermo Fisher Scientific Inc.
        8.1. Company Overview
        8.2. Product Portfolio
        8.3. SWOT Analysis
        8.4. Financial Overview
        8.5. Strategic Overview
       9. Merck KGaA (Merck Group)
        9.1. Company Overview
        9.2. Product Portfolio
        9.3. SWOT Analysis
        9.4. Financial Overview
        9.5. Strategic Overview
       10. Bio-Rad Laboratories, Inc.
        10.1. Company Overview
        10.2. Product Portfolio
        10.3. SWOT Analysis
        10.4. Financial Overview
        10.5. Strategic Overview
       11. Waters Corporation
        11.1. Company Overview
        11.2. Product Portfolio
        11.3. SWOT Analysis
        11.4. Financial Overview
        11.5. Strategic Overview
       12. Shimadzu Corporation
        12.1. Company Overview
        12.2. Product Portfolio
        12.3. SWOT Analysis
        12.4. Financial Overview
        12.5. Strategic Overview
       13. EAG Laboratories (Eurofins EAG)
        13.1. Company Overview
        13.2. Product Portfolio
        13.3. SWOT Analysis
        14.4. Financial Overview
        15.5. Strategic Overview
       14. Avomeen Analytical Services
        14.1. Company Overview
        14.2. Product Portfolio
        14.3. SWOT Analysis
        14.4. Financial Overview
        14.5. Strategic Overview
       15. TÜV SÜD
        15.1. Company Overview
        15.2. Product Portfolio
        15.3. SWOT Analysis
        15.4. Financial Overview
        15.5. Strategic Overview
       16. Pace Analytical Services, LLC
        16.1. Company Overview
        16.2. Product Portfolio
        16.3. SWOT Analysis
        16.4. Financial Overview
        16.5. Strategic Overview
       17. Eppendorf AG
        17.1. Company Overview
        17.2. Product Portfolio
        17.3. SWOT Analysis
        17.4. Financial Overview
        17.5. Strategic Overview
       18. RSSL (Reading Scientific Services Limited)
        18.1. Company Overview
        18.2. Product Portfolio
        18.3. SWOT Analysis
        18.4. Financial Overview
        18.5. Strategic Overview
       19. TÜV Rheinland Group
        19.1. Company Overview
        19.2. Product Portfolio
        19.3. SWOT Analysis
        19.4. Financial Overview
        19.5. Strategic Overview

  • 20.  Pre and Post COVID-19 Impact
    •  1. Positive influence on the healthcare industry
       2. The financial disruption of the manufacturing sector
       3. Impact of COVID-19 on emerging companies
       4. Significant mandates in the regulations initiated by healthcare administrations
       5. The overall economic slowdown of the developing and developed nations

  • 21.  FutureWise SME Key Takeaway Points for Client
    •      

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