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United States Pharmaceutical Analytical Testing Outsourcing Market Report 2020-2027: Driving Factors - Increasing Innovation in Testing Services / Regulation Safety and Quality / Pricing


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The U.S. pharmaceutical analytical testing outsourcing market size is expected to reach USD 5.55 billion by 2027. It is expected to expand at a CAGR of 8.3% from 2020 to 2027.
The market is mainly driven by an increasing number of clinical trial registrations, innovations in the medical industry, and the entry of new players in the market. Moreover, increasing R&D investment, growing demand for biopharmaceutical products, and rising focus on regulation, safety, and quality are some of the major factors responsible for the growth of the market.
The increasing development of the pharmaceutical analytical testing services market has fascinated many new players in the industry, leading to growing competition for well established, standalone service providers. The rapid increase in the manufacturing of medications to meet the rising demand for efficient healthcare in the U.S. is projected to ....

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Pharmaceutical Analytical Testing Outsourcing Market Size Worth $12.4 Billion By 2028: Grand View Research, Inc.


Pharmaceutical Analytical Testing Outsourcing Market Size Worth $12.4 Billion By 2028: Grand View Research, Inc.
SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ The global pharmaceutical analytical testing outsourcing market size is expected
to reach USD 12.4 billion by 2028 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing pipelines for biological candidates along with rising demand for additional analytical details on drugs as well as process development by regulatory agencies are boosting the market growth. Analytical testing helps in providing real-time product quality control along with optimizing & monitoring processes, characterize biosimilar & biologics, and improving productivity. One of the main reasons for outsourcing analytical testing services is to access skilled & experienced expertise, as well as expensive analytical equipment not available in-house. ....

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