Global Analytical Laboratory Services Market to 2032
Overview
The Global Analytical Laboratory Services Market is expected to reach a 23.33 USD Billion by 2032 and is projected to grow at a CAGR of 13.95% from 2025 to 2032.
Revenue, 2024 (USD Billion)
7.34
Forecast, 2032 (USD Billion)
23.33
CAGR, 2024 - 2032
13.95%
Report Coverage
Global
Global Analytical Laboratory Services Market 2018-2032 USD Billion
Global Analytical Laboratory Services Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 7.34 USD Billion
- Projected Market Size (2032): 23.33 USD Billion
- CAGR (2025-2032): 13.95%
Key Findings of Global Analytical Laboratory Services Market
- The Global Analytical Laboratory Services Market was valued at 23.33 USD Billion in 2024.
- The Global Analytical Laboratory Services Market is likely to grow at a CAGR of 13.95% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Oncology in Application Segment accounted for the largest share of the market with a revenue of 3.81 USD Billion
- The fastest growing segment Pharmaceutical and Biopharmaceutical Companies in End User Segment grew Fastest with a CAGR of 15.33% during the forecast period from 2024 to 2032.
Global Analytical Laboratory Services Market Scope
Global Analytical Laboratory Services Market Segmentation & Scope
Method Type
- Serology
- Immunogenecity
- Cell-Based Assays
- Virology Testing
- Biomarker Testing
- Pharmacokinetic Testing
Application
- Gastroenterology
- Cardiology
- Other Applications
- Neurology
- Infectious Diseases
- Oncology
Service Type
- Clinics-Based Laboratories
- Stand Alone Laboratories
- Hospital-Based Laboratories
Test Type
- Environmental Monitoring
- Stability Testing
- Physical Characterization
- Microbial Testing
- Raw Material Testing
- Method Validation
- Batch Release Testing
- Bioanalytical Testing
Technology
- Others
- Turbulent Flow Technology
- UPLC Technology
- Immunochemistry
- Mass Spectrometry (LC-MS/MS)
End User
- Others
- Pharmaceutical and Biopharmaceutical Companies
- Contract Research Organizations
- Contract Development and Manufacturing Organizations
Global Analytical Laboratory Services Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 7.34 USD Billion |
| Market Value in 2032 | 23.33 USD Billion |
| CAGR (2025-2032) | 13.95% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Method Type,Application,Service Type,Test Type,Technology,End User |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 7.34 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 3,105.66 USD Million in 2024.
Segments and Scope
-
Global Analytical Laboratory Services Market to 2032, By Method Type
- Pharmacokinetic Testing is the largest segment in Global Analytical Laboratory Services Market to 2032 with a revenue of 3.47 USD Billion in the year 2024.
- Biomarker Testing is the Fastest growing segment in Global Analytical Laboratory Services Market to 2032 with a Growth rate of 14.26 % in forecast period 2025-2032.
-
Global Analytical Laboratory Services Market to 2032, By Application
- Oncology is the largest segment in Global Analytical Laboratory Services Market to 2032 with a revenue of 3.81 USD Billion in the year 2024.
- Infectious Diseases is the Fastest growing segment in Global Analytical Laboratory Services Market to 2032 with a Growth rate of 14.21 % in forecast period 2025-2032.
-
Global Analytical Laboratory Services Market to 2032, By Service Type
- Hospital-Based Laboratories is the largest segment in Global Analytical Laboratory Services Market to 2032 with a revenue of 3.50 USD Billion in the year 2024.
- Stand Alone Laboratories is the Fastest growing segment in Global Analytical Laboratory Services Market to 2032 with a Growth rate of 13.66 % in forecast period 2025-2032.
-
Global Analytical Laboratory Services Market to 2032, By Test Type
- Bioanalytical Testing is the largest segment in Global Analytical Laboratory Services Market to 2032 with a revenue of 3.40 USD Billion in the year 2024.
- Bioanalytical Testing is the Fastest growing segment in Global Analytical Laboratory Services Market to 2032 with a Growth rate of 15.02 % in forecast period 2025-2032.
-
Global Analytical Laboratory Services Market to 2032, By Technology
- Mass Spectrometry (LC-MS/MS) is the largest segment in Global Analytical Laboratory Services Market to 2032 with a revenue of 2.59 USD Billion in the year 2024.
- Mass Spectrometry (LC-MS/MS) is the Fastest growing segment in Global Analytical Laboratory Services Market to 2032 with a Growth rate of 15.11 % in forecast period 2025-2032.
-
Global Analytical Laboratory Services Market to 2032, By End User
- Contract Development and Manufacturing Organizations is the largest segment in Global Analytical Laboratory Services Market to 2032 with a revenue of 2.51 USD Billion in the year 2024.
- Pharmaceutical and Biopharmaceutical Companies is the Fastest growing segment in Global Analytical Laboratory Services Market to 2032 with a Growth rate of 13.81 % in forecast period 2025-2032.
Global Analytical Laboratory Services Market Company Share Analysis
| Company Name |
|
||
| ICON PLC | |||
| Intertek Group Plc | |||
| Labcorp Drug Development | |||
| Syneos Health | |||
| Wuxi AppTec | |||
Global Analytical Laboratory Services Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Analytical Laboratory Services Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Analytical Laboratory Services Market is segmented based on Segmentation Method Type,Application,Service Type,Test Type,Technology,End User.
Global Analytical Laboratory Services Market was valued at USD 7.34(Revenue in USD Billion) in 2020.
Global Analytical Laboratory Services Market is projected to grow at a CAGR of 13.95% during the forecast period of 2024 to 2032.
The Oncology segment is expected to dominate the Global Analytical Laboratory Services Market, holding a largest market share of 3.81 USD Billion in 2024
Global Analytical Laboratory Services Market Scope
Global Analytical Laboratory Services Market Segmentation & Scope
Method Type
- Serology
- Immunogenecity
- Cell-Based Assays
- Virology Testing
- Biomarker Testing
- Pharmacokinetic Testing
Application
- Gastroenterology
- Cardiology
- Other Applications
- Neurology
- Infectious Diseases
- Oncology
Service Type
- Clinics-Based Laboratories
- Stand Alone Laboratories
- Hospital-Based Laboratories
Test Type
- Environmental Monitoring
- Stability Testing
- Physical Characterization
- Microbial Testing
- Raw Material Testing
- Method Validation
- Batch Release Testing
- Bioanalytical Testing
Technology
- Others
- Turbulent Flow Technology
- UPLC Technology
- Immunochemistry
- Mass Spectrometry (LC-MS/MS)
End User
- Others
- Pharmaceutical and Biopharmaceutical Companies
- Contract Research Organizations
- Contract Development and Manufacturing Organizations
Frequently Asked Questions
The Global Analytical Laboratory Services Market is segmented based on Segmentation Method Type,Application,Service Type,Test Type,Technology,End User.
Global Analytical Laboratory Services Market was valued at USD 7.34(Revenue in USD Billion) in 2020.
Global Analytical Laboratory Services Market is projected to grow at a CAGR of 13.95% during the forecast period of 2024 to 2032.
The estimated market value of the Global Analytical Laboratory Services Market for final year is USD 23.33 (USD Billion).
Global Analytical Laboratory Services Market Company Profiling
Frequently Asked Questions
The Global Analytical Laboratory Services Market is segmented based on Segmentation Method Type,Application,Service Type,Test Type,Technology,End User.
Global Analytical Laboratory Services Market was valued at USD 7.34(Revenue in USD Billion) in 2020.
Global Analytical Laboratory Services Market is projected to grow at a CAGR of 13.95% during the forecast period of 2024 to 2032.
The estimated market value of the Global Analytical Laboratory Services Market for final year is USD 23.33 (USD Billion).
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