Pharmaceutical Analytical Testing Outsourcing Market is anticipated to exhibit a CAGR of 8.4% from 2022 to 2030
Pharmaceutical Analytical Testing Outsourcing Industry Overview The global pharmaceutical analytical testing outsourcing market size is expected to reach USD 14.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.4% from 2022 to 2030. Increasing biological candidate pipelines, rising demand for additional analytical details on drugs, and process development by regulatory agencies are driving the market growth. Analytical testing aids in real-time product quality control, as well as helps to optimize and monitor processes, characterizing different drugs. During the advent of COVID-19, a large number of R&D activities, and clinical trials, and were being conducted to counteract COVID-19, this is anticipated to have increased the demand for analytical testing services and is likely to have a positive impact on market growth. Pharmaceutical Analytical Testing Outsourcing Market Segmentation Grand...