Market Analysis Report Analytical Laboratory Services Market 2019 | Page 2

The bioanalytical testing segment accounted for the largest share of the analytical laboratory services
market, by public health organization. This growth can be attributed to factors such as the usage and
development of a large number of macromolecules and biosimilars for various therapeutic areas and the
growing biopharmaceutical industry across the globe.
Regionally, North America commanded the largest share, followed by Europe, Asia-Pacific, and the RoW.
The major share of this region can be attributed to the high expenditure on quality testing, strong
regulatory scenario, increasing number of clinical trials, and the well-established federal testing
laboratories in the region. Moreover, Asia-Pacific is expected to grow at the highest CAGR during the
forecast period.
Analytical Laboratory Services Market Covers the Table of Contents With Segments, Key Players And
Region. Based on Product Type, Analytical Laboratory Services Market is sub segmented into N
Bioanalytical Testing, Batch Release Testing, Stability Testing, Raw Material Testing, Physical
Characterization. On the Basis of Application, Market is sub segmented into Public Health.
Major Players profiled in the Analytical Laboratory Services Market report incorporate: Food and Drug
Administration, European Medicines Agency, Federal Institute for Drugs and Medical Devices, Agence
francaise de securite sanitaire des produits de santé, Agenzia Italiana del Farmaco, Spanish Medicines
and Health Products Agency, Central Drugs Standard Control Organization, China Food and Drug
Administration, Pharmaceuticals and Medical Devices Agency
Top Industry for Analytical Laboratory Services Market News
In a step further to digitize its services and usher in transparency in collection and analysis of drug
samples, Central Drugs Standard Control Organization (CDSCO) will soon start online submission of drug
samples by drug inspectors for lab testing. The sample analysis report will be put online by the
respective CDSCO laboratory.
Online submission of drug samples will be done via Sugam portal, developed by Center for Advanced
Computing (CDAC). With an aim to check drug quality, currently CDSCO drug inspectors send drug
samples for lab testing along with forms filled by them containing details of drug batch number,
manufacturer, manufacturing and expiry date, molecules and formulations etc. They will now be
allowed to submit online forms containing details of drug samples collected by them, said a senior
CDSCO official.
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Region segment: This report is segmented into several key regions, with sales, revenue, market share
(%) and growth Rate (%) of Analytical Laboratory Services in these regions, from 2014 to 2023 (forecast),
covering: North America, Europe, Asia Pacific, Middle East & Africa and South America.
Significant points in table of contents: Market Definition, Market Overview, Business Introduction,
Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation