The North American pharmaceutical analytical testing outsourcing market is estimated to grow at a CAGR of around 8.4% during the forecast period. The factors that are responsible for the growth of the market include growing pharmaceutical R&D investment and manufacturing, the significant presence of major pharmaceutical manufacturers such as Pfizer inc., and others in the US, stringent government regulations related to pharmaceutical testing during pharmaceutical manufacturing. The North American market for pharmaceutical analytical testing outsourcing is classified on the basis of type and services.   

Based on the product type, the market is further classified into API, raw materials, and finished products. The API segment is projected to have considerable growth during the forecast period. Based on the services, the North American pharmaceutical analytical testing outsourcing market is further segmented into Bioanalytical services, stability testing, drug substance, method development & validation, and others. Geographically, the North American pharmaceutical analytical testing outsourcing market is further classified into the US and Canada. The US is anticipated to hold a significant market share in the North American pharmaceutical analytical testing outsourcing market.

Furthermore, the North American pharmaceutical analytical testing outsourcing market is characterized by the presence of several market players that are catering to a wide range of customers across the globe. Some of the key players in the market include Charles River Laboratories International, Inc., CMIC, Inc, Cambrex Corp., Covance Inc., Dalton Pharma Services, WuXi AppTec Co., Ltd., and others. These players adopt various strategies to remain competitive in the market and gain a competitive advantage over other players operating in the market. Mergers and acquisitions, product launches, and partnerships and collaborations, and geographical expansion are some of the major activities adopted by the market players.

Research Methodology

The market study of the North American pharmaceutical analytical testing outsourcing market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.

The report is intended for pharmaceutical analytical testing outsourcing market players, pharmaceutical manufacturers, contract manufacturers, distributors & traders, industry associates & experts, government organizations, regulatory bodies, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. North American Pharmaceutical Analytical Testing Outsourcing Market Research and Analysis by Product Type
2. North American Pharmaceutical Analytical Testing Outsourcing Market Research and Analysis by Services

The Report Covers

• Comprehensive research methodology of the North American pharmaceutical analytical testing outsourcing market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American pharmaceutical analytical testing outsourcing market.
• Insights about market determinants that are stimulating the North American pharmaceutical analytical testing outsourcing market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.