UK pharmaceutical analytical testing outsourcing market is projected to grow at a significant CAGR of around 7.5% during the forecast period (2021-2027). The significant R&D investment in the pharmaceutical sector in the country provide significant growth opportunity to the pharmaceutical analytical testing outsourcing market. As per the Association of British Pharmaceutical Industry, UK spent around 33.2% of total R&D expenditure on the pharmaceutical industry in 2018. The development of UK pharmaceutical industry drives the contract analytical testing services in the country. The drug manufacturer in the country is not willing to spend on expensive machinery, equipment, or a specialized product; thereby hire CROs for the development and testing of drugs.
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Moreover, the involvement of various pharmaceutical companies such as AbbVie, Inc., AstraZeneca, PLC, GlaxoSmithKline, PLC, and Mylan N.V., in the development of drugs in the country further provide significant adoption of pharmaceutical analytical testing outsourcing services in the country. The contract manufacturers are actively taking part in researches in collaboration with large pharmaceutical companies. For instance, in 2017, Lonza AG entered into a strategic partnership with Sanofi S.A. to develop a biologics production facility and completed its acquisition of Capsulgel, an integrated solution provider. This will increase the company’s production capacity that further create significant demand for pharmaceutical analytical testing services.
Market Coverage
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Report Elements |
Details |
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Study Period |
2021-2027 |
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Base year |
2020 |
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Forecast period |
2021-2027 |
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Segments Covered |
By Product Type and by Services |
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Key Companies Profiled |
Eurofins
GSC Lux SARL, Element Materials Technology Group Ltd., ICON plc, Intertek
Group plc, SGS SA, and others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
o Recommendations
UK Pharmaceutical Analytical Testing Outsourcing Market – Segmentation
By Product type
By Services
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