What is the Projected CAGR value of the Healthcare Analytical Testing Services Market?
Global Healthcare Analytical Testing Services Market is expected to grow at a CAGR of 11.1% during the forecasting period 2023-2030.
Who are the key players in Global Healthcare Analytical Testing Services Market ?
The major global players in the healthcare analytical testing services market include Pharmaceutical Product Development, LLC (PPD), Eurofins Scientific, SGS SA, Toxikon Inc., Pace Analytical Services, Intertek Pharmaceutical Services, Boston Analytical, West Pharmaceutical Services Inc., Steris, and Charles River Laboratories among others.
What are the major factors driving market growth?
Rising clinical trials, increasing demand for bioanalytical testing services, and strong presence of major players in North America are key drivers of market growth.
Which segment is expected to grow the fastest?
The Stability Testing segment is anticipated to be the fastest-growing segment, accounting for approximately 23.7% of the market share due to strategic initiatives by key players.