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Biologics Contract Development Market Forecast Till 2028 – Global Analysis and Forecasts

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The Global Large Molecule Bioanalytical Testing Service Market is anticipated to expand at substantial CAGR during forecast period, between 2020 and 2027. Large molecule bioanalysis operates in the field of analytical chemistry. These large drug molecules are effective in treating a range of indications of chronic illness. The growth of the biopharmaceutical R&D pipeline has boosted the demand for large molecules bioanalytical testing services; therefore, many biopharmaceutical companies are introducing large-scale outsourcing services. Bioanalytical research of big molecules has always been a challenge for the biopharmaceutical industry. Various specialized methods are HRMS, scale exclusion affinity chromatography, ligand binding assays (LBA) and Maldi-TOF-MS. Bioanalytical studies for large molecules can easily be conducted using these advanced techniques.

Market Trends, Drivers, Restraints, and Opportunities:

  • Technological advancements in bioanalytical research for the large molecule fuels market growth.
  • Increase in emphasis on analytical testing, rise in research & development costs in the pharmaceutical and biopharmaceutical industries, and growth in the demand for analytical test outsourcing fuel market growth.
  • Compliance issues while outsourcing large molecule bioanalytical testing services are expected to hamper the market.

Large Molecule Bioanalytical Testing Service Market Segment Insights:

The clinical segment is projected to hold significant market share

In the terms of phases, the large molecule bioanalytical testing service market has been segmented into preclinical, with antibody, without antibody (ELISA-based assay), and clinical. The clinical segment is projected to grow at a significant pace during the forecast period due to the growing prevalence of chronic diseases in developing countries and rising need for clinical trials.

Antidrug antibodies (ADA) segment held substantial market share in 2019

Based on types, the market is fragmented into pharmacokinetics, ADA, and others. The antidrug antibodies (ADA) segment holds significant market share is projected to expand at rapid rate during the forecast period. ADA assays promote large molecular drug production.

Bioavailability segment is expected to grow during the forecast period

On the basis of test types, the large molecule bioanalytical testing service market has been segregated into ADME, PK, PD, bioavailability, bioequivalence, and other tests. The bioavailability segment is expected to hold significant market share during the forecast period. The bioavailability of a pharmaceutical medicine partly depends on the characteristics of a dosage form. It plays a key role in pharmacokinetics, as it is taken non-intravenous dose calculations.

Surge in prevalence of cancer fuels the oncology segment

In terms of therapeutic areas, the market is classified as oncology, infectious diseases, cardiology, neurology, and others. The oncology segment holds a significant share of the market due to high prevalence of cancer across the globe. The cardiology segment is projected to expand at substantial CAGR during the forecast period.


Competitive Landscape:

Key players in the large molecule bioanalytical testing service market include Charles River Laboratory International, Covance, Inc., ICON Plc, Intertek Group plc, IQVIA, Pace Analytical Services LLC, PPD, INC., SGS SA, Syneos Health, and Toxikon. Mergers & acquisitions, collaborations, agreements, and partnerships are some growth strategies adopted by these players to strengthen their geographical presence.

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