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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1079978

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1079978

Global GMP Testing Service Market Size study, by Service Type, by End-User and Regional Forecasts 2022-2028

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Global GMP Testing Service Market is valued at approximately USD 1,161.23 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.97 % over the forecast period 2022-2028. GMPs (good manufacturing practises) are methods that ensure a product meets quality criteria. GMP testing services include an assessment of the product from its inception to its completion. Food and beverage industries, cosmetics manufacturers, pharmaceutical medication makers, and medical device manufacturers all benefit from GMP testing services. The pharmaceutical and biopharmaceutical companies are developing new drugs and innovation of drugs and devices has led to the adoption of GMP Testing Service across the forecast period. For Instance: as per the Congressional Budget Office 2021, in 2019, the pharmaceutical business invested $83 billion in research and development. That amount, when adjusted for inflation, is roughly ten times what the sector spent every year in the 1980s. In comparison to the preceding decade, the number of new pharmaceuticals licenced for sale increased by 60% between 2010 and 2019, reaching a high of 59 new drugs approved in 2018. Also, the rising investment in healthcare industry & favourable initiatives by market players regarding development of GMP testing service are likely to increase the market growth during the forecast period. However, strict regulatory environment impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global GMP Testing Service Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share and is likely to observe momentous growth owing to the growing pharmaceutical and biopharmaceutical companies coupled with innovation of drugs and devices is expected to drive the GMP Testing Service Market in the forecast period. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising investment in healthcare industry and favourable initiatives by market players regarding development of GMP testing service would create lucrative growth prospects for the GMP Testing Service Market across Asia-Pacific region.

Major Market players included in this report are:

Eurofins Scientific

PPD Inc.

Microchem Laboratory

Sartorius AG

North American Science Associates Inc.

Laboratory Corporation of America Holdings (Covance Inc.)

Sotera Health (Nelson Laboratories LLC)

Almac Group

Pace Analytical

Wuxi AppTec

The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:

By Service:

Product Validation Testing

Bioanalytical Services

Packaging and Shelf-Life Testing

Other Service Types

By End-User:

Pharmaceutical and Biopharmaceutical Companies

Medical Devices Company

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global GMP Testing Service Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. GMP Testing Service Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. GMP Testing Service Market, by Service Type, 2020-2028 (USD Billion)
    • 1.2.3. GMP Testing Service Market, by End-User, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global GMP Testing Service Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global GMP Testing Service Market Dynamics

  • 3.1. GMP Testing Service Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Pharmaceutical and biopharmaceutical companies are developing new drugs
      • 3.1.1.2. Innovation of drugs and devices
    • 3.1.2. Market Challenges
      • 3.1.2.1. Strict Regulatory Environment
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising investment in healthcare industry
      • 3.1.3.2. Favourable initiatives by Market players regarding development of GMP testing service

Chapter 4. Global GMP Testing Service Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global GMP Testing Service Market, by Service Type

  • 6.1. Market Snapshot
  • 6.2. Global GMP Testing Service Market by Service Type, Performance - Potential Analysis
  • 6.3. Global GMP Testing Service Market Estimates & Forecasts by Service Type, 2018-2028 (USD Billion)
  • 6.4. GMP Testing Service Market, Sub Segment Analysis
    • 6.4.1. Product Validation Testing
    • 6.4.2. Bioanalytical Services
    • 6.4.3. Packaging and Shelf-Life Testing
    • 6.4.4. Other Service Types

Chapter 7. Global GMP Testing Service Market, by End-User

  • 7.1. Market Snapshot
  • 7.2. Global GMP Testing Service Market by End-User, Performance - Potential Analysis
  • 7.3. Global GMP Testing Service Market Estimates & Forecasts by End-User, 2018-2028 (USD Billion)
  • 7.4. GMP Testing Service Market, Sub Segment Analysis
    • 7.4.1. Pharmaceutical and Biopharmaceutical Companies
    • 7.4.2. Medical Devices Company

Chapter 8. Global GMP Testing Service Market, Regional Analysis

  • 8.1. GMP Testing Service Market, Regional Market Snapshot
  • 8.2. North America GMP Testing Service Market
    • 8.2.1. U.S. GMP Testing Service Market
      • 8.2.1.1. Service Type breakdown estimates & forecasts, 2018-2028
      • 8.2.1.2. End-User breakdown estimates & forecasts, 2018-2028
    • 8.2.2. Canada GMP Testing Service Market
  • 8.3. Europe GMP Testing Service Market Snapshot
    • 8.3.1. U.K. GMP Testing Service Market
    • 8.3.2. Germany GMP Testing Service Market
    • 8.3.3. France GMP Testing Service Market
    • 8.3.4. Spain GMP Testing Service Market
    • 8.3.5. Italy GMP Testing Service Market
    • 8.3.6. Rest of Europe GMP Testing Service Market
  • 8.4. Asia-Pacific GMP Testing Service Market Snapshot
    • 8.4.1. China GMP Testing Service Market
    • 8.4.2. India GMP Testing Service Market
    • 8.4.3. Japan GMP Testing Service Market
    • 8.4.4. Australia GMP Testing Service Market
    • 8.4.5. South Korea GMP Testing Service Market
    • 8.4.6. Rest of Asia Pacific GMP Testing Service Market
  • 8.5. Latin America GMP Testing Service Market Snapshot
    • 8.5.1. Brazil GMP Testing Service Market
    • 8.5.2. Mexico GMP Testing Service Market
  • 8.6. Rest of The World GMP Testing Service Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. Eurofins Scientific
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. PPD Inc.
    • 9.2.3. Microchem Laboratory
    • 9.2.4. Sartorius AG
    • 9.2.5. North American Science Associates Inc.
    • 9.2.6. Laboratory Corporation of America Holdings (Covance Inc.)
    • 9.2.7. Sotera Health (Nelson Laboratories LLC)
    • 9.2.8. Almac Group
    • 9.2.9. Pace Analytical
    • 9.2.10. Wuxi AppTec

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global GMP Testing Service Market, report scope
  • TABLE 2. Global GMP Testing Service Market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global GMP Testing Service Market estimates & forecasts by Service Type 2018-2028 (USD Billion)
  • TABLE 4. Global GMP Testing Service Market estimates & forecasts by End-User 2018-2028 (USD Billion)
  • TABLE 5. Global GMP Testing Service Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 6. Global GMP Testing Service Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 7. Global GMP Testing Service Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global GMP Testing Service Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global GMP Testing Service Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global GMP Testing Service Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global GMP Testing Service Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global GMP Testing Service Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global GMP Testing Service Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. Global GMP Testing Service Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. U.S. GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 16. U.S. GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 17. U.S. GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 18. Canada GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 19. Canada GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. Canada GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 21. UK GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 22. UK GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. UK GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 24. Germany GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 25. Germany GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 26. Germany GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 27. RoE GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 28. RoE GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 29. RoE GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 30. China GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 31. China GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 32. China GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 33. India GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 34. India GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 35. India GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 36. Japan GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 37. Japan GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 38. Japan GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 39. RoAPAC GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 40. RoAPAC GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 41. RoAPAC GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 42. Brazil GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 43. Brazil GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 44. Brazil GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 45. Mexico GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 46. Mexico GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 47. Mexico GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 48. RoLA GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 49. RoLA GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 50. RoLA GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 51. Row GMP Testing Service Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 52. Row GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 53. Row GMP Testing Service Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 54. List of secondary sources, used in the study of Global GMP Testing Service Market
  • TABLE 55. List of primary sources, used in the study of Global GMP Testing Service Market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global GMP Testing Service Market, research methodology
  • FIG 2. Global GMP Testing Service Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global GMP Testing Service Market, key trends 2021
  • FIG 5. Global GMP Testing Service Market, growth prospects 2022-2028
  • FIG 6. Global GMP Testing Service Market, porters 5 force model
  • FIG 7. Global GMP Testing Service Market, pest analysis
  • FIG 8. Global GMP Testing Service Market, value chain analysis
  • FIG 9. Global GMP Testing Service Market by segment, 2018 & 2028 (USD Billion)
  • FIG 10. Global GMP Testing Service Market by segment, 2018 & 2028 (USD Billion)
  • FIG 11. Global GMP Testing Service Market by segment, 2018 & 2028 (USD Billion)
  • FIG 12. Global GMP Testing Service Market by segment, 2018 & 2028 (USD Billion)
  • FIG 13. Global GMP Testing Service Market by segment, 2018 & 2028 (USD Billion)
  • FIG 14. Global GMP Testing Service Market, regional snapshot 2018 & 2028
  • FIG 15. North America GMP Testing Service Market 2018 & 2028 (USD Billion)
  • FIG 16. Europe GMP Testing Service Market 2018 & 2028 (USD Billion)
  • FIG 17. Asia Pacific GMP Testing Service Market 2018 & 2028 (USD Billion)
  • FIG 18. Latin America GMP Testing Service Market 2018 & 2028 (USD Billion)
  • FIG 19. Global GMP Testing Service Market, company Market share analysis (2021)
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