Pharmaceutical Analytical Testing Outsourcing Market
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
increasing demand for biosimilars & biopharmaceutical products<br />
as well as for analytical drugs, and the rising number of products<br />
in the pipeline.<br />
Furthermore, improved efficiency in testing, reduced cost,<br />
quicker & reliable results, and data safety are other factors<br />
propelling the global market. However, quality approvals and<br />
regulatory audits conducted in outsourcing laboratories could<br />
hinder the global pharmaceutical analytical testing outsourcing<br />
market during the forecast period.<br />
The global pharmaceutical analytical testing outsourcing market<br />
can be divided based on product type into the following<br />
segments: raw materials, finished products, and active<br />
pharmaceutical ingredients. Active pharmaceutical ingredients<br />
are likely to register a significant growth rate in the global<br />
market due to the increasing demand for generics drugs and<br />
biosimilars.<br />
On the basis of application, the global analytical testing<br />
outsourcing market is split into the following sections: clinical<br />
trials, biological research, drug discovery, and others. The<br />
clinical trials segment is anticipated to occupy a major share in<br />
the global market during the forecast period due to the rising<br />
number of clinical trials and surge in quality requirement to<br />
perform the testing with utmost priority and excellence. Based
Change language