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Bioanalytical Testing Services Market Share

ID: MRFR//5111-CR | 100 Pages | Author: Rahul Gotadki| October 2018

Introduction: Navigating the Competitive Landscape of Bioanalytical Testing Services

The market for bioanalytical services is undergoing a revolutionary change in the face of rapidly changing regulations, rapid technological developments and increased expectations of accuracy and speed. The market is dominated by established suppliers, agile IT companies and start-ups, which are competing with each other by deploying advanced capabilities such as artificial intelligence, automation and IoT. These technologically driven capabilities are not only enabling greater efficiency in operations, but also reshaping the service models and enabling rapid responses to market demands. Also, emerging disruptors specializing in green and biometrics are taking advantage of niches in the market, forcing the established players to adapt or become obsolete. Strategic deployments are increasingly aligned with regulatory developments and with the requirements of the end-consumer.

Competitive Positioning

Full-Suite Integrators

These bioanalytical laboratories offer a complete service of testing and a wide range of services for drug development.

VendorCompetitive EdgeSolution FocusRegional Focus
Covance Extensive global network and expertise Comprehensive drug development services Global
LabCorp Broad range of laboratory services Clinical laboratory testing North America, Europe
PRA Health Sciences Strong focus on patient-centric solutions Clinical development services Global
Syneos Health Integrated biopharmaceutical solutions Clinical and commercial services Global
Q2 Solutions Innovative lab services and analytics Laboratory services for clinical trials Global

Specialized Technology Vendors

These companies offer specific expertise in bioanalytical methods.

VendorCompetitive EdgeSolution FocusRegional Focus
BioAgilytix Specialization in large molecule bioanalysis Bioanalytical testing for biologics North America, Europe
Charles River Laboratories Comprehensive preclinical services Preclinical and clinical laboratory services Global
Merck KGaA Innovative life science solutions Laboratory reagents and services Global

Infrastructure & Equipment Providers

Suppliers of bioanalytical equipment and apparatus provide the necessary equipment and machinery to carry out bioanalytical tests.

VendorCompetitive EdgeSolution FocusRegional Focus
Wuxi AppTec Integrated services from discovery to commercialization Laboratory and manufacturing services Global
SGS Global leader in inspection and verification Testing, inspection, and certification services Global
Eurofins Scientific Diverse portfolio of laboratory services Testing and support services across sectors Global
Intertek Expertise in quality and safety solutions Testing, inspection, and certification Global
KCR Focus on innovative clinical development Clinical trial services Europe, North America
INC Research Strong operational capabilities Clinical development services Global
Medpace Therapeutically focused approach Full-service clinical contract research Global

Emerging Players & Regional Champions

  • BioAgilytix (US) specializes in the testing of large molecules and has recently been awarded a multi-year contract from a leading biopharmaceutical company for immunogenicity testing, thereby challenging established players with its faster response time and its advanced analytical capabilities.
  • Labcorp (USA): A full-service bioanalytical laboratory, including pharmacokinetics and pharmacodynamics, recently opened a new laboratory in North Carolina. Its recent expansion complements the established players by increasing their geographic reach and services.
  • The company specializes in the niche solutions in the field of bioanalytical tests of the environment and foodstuffs. It has recently developed a new test procedure for a large food manufacturer, and is diversifying into new areas.
  • Syneos Health (global): This company, which specializes in integrated biopharmaceutical solutions, recently teamed up with a biotech company for a novel drug development project. It complements established service companies by offering a complete service from development to commercialization.
  • In the United States, PHA Health Sciences offers specialized bioanalytical services for clinical trials. Its latest platform for real-time data analysis is challenging established competitors by improving efficiency and accuracy.

Regional Trends: In 2023, the bioanalytical services market will be expanding rapidly, especially in North America and Europe, driven by the rise in the development of biopharmaceuticals and the increasing regulatory requirements. The bioanalytical services market is also becoming increasingly specialized in automation and real-time data analysis. More and more companies are investing in the development of new technologies to improve the efficiency and quality of services and compliance.

Collaborations & M&A Movements

  • Thermo Fisher Scientific and Labcorp have entered into a partnership to improve bioanalytical testing for clinical trials in order to expedite the drug development process and enhance the companies’ position in the competitive landscape.
  • Charles River Laboratories has acquired the bioanalytical department of MPI Research, to strengthen its position in the field of preclinical and clinical research.
  • The two companies merged in 1897, and in the following year they entered into a joint venture to develop advanced bioanalytical testing methods, thereby increasing the accuracy and speed of drug analysis and thus their competitiveness in the biopharmaceutical sector.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Analytical Method Development LabCorp, Charles River Laboratories Methods Validation, a field in which LabCorp has excelled, is a regulatory specialty, as demonstrated by their many successful submissions to the FDA. Charles River Laboratories, in the field of biopharmaceuticals, offers ad hoc solutions, based on their expertise in the analysis of complex molecules.
Bioassay Services Eurofins Scientific, PPD Bioassay services are a major part of the services provided by Eurofins. A recent partnership with a major pharmaceutical company demonstrates the company’s commitment to high-throughput screening. PPD has a reputation for its robust bioassays for assessing immunogenicity, backed up by extensive case studies.
Stability Testing SGS, Intertek SGS has a comprehensive portfolio of stability tests, including real-time and accelerated studies. These have been validated in many client projects. Intertek is the leading provider of regulatory expertise and support, enabling our clients to gain faster access to the market.
Pharmacokinetics and Pharmacodynamics QuintilesIMS, Covance QuintilesIMS, through its advanced modeling, is able to enhance the pharmacokinetic studies of the biotechnological industry. Covance is renowned for its integrated approach to drug development, combining pharmacokinetic and pharmacodynamic studies with clinical trial services.
Regulatory Compliance Support WuXi AppTec, Boehringer Ingelheim The pre-IND and IND services are provided by WuXi AppTec, which has been a major benefit to many startups. Boehringer Ingelheim is known for its strong regulatory affairs team, which can ensure compliance in various jurisdictions.

Conclusion: Navigating the Bioanalytical Testing Landscape

The bioanalytical testing services market is highly fragmented and intensely competitive. Both established and new players are competing for market share. Regional trends indicate that the demand for localized services is increasing, and suppliers are responding accordingly. The established players are relying on their established reputations and extensive distribution networks to differentiate themselves. New entrants are focusing on technological innovation, artificial intelligence, automation, and a focus on sustainability. In the future, the ability to offer flexible and diverse solutions will be key to market leadership. Suppliers must invest in technological innovation and improved operational efficiencies in order to remain competitive and capitalize on the changing landscape.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation   2023
Growth Rate   9.54% (2024-2032)
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