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The biopharmaceutical analytical testing services market size is forecast to increase by USD 4.67 billion, at a CAGR of 14.68 between 2023 and 2028. The market is witnessing a surge in demand driven by several factors. The rising demand for monoclonal antibodies (mAbs) is particularly noteworthy, propelled by the expiration of drug patents and the increasing prevalence of chronic diseases. However, the industry confronts various challenges that impact its growth trajectory. These challenges include a shortage of trained professionals with specialized skills in biopharmaceutical analytical testing. Additionally, the landscape is evolving with changing formulations in product design, necessitating advanced analytical capabilities. Furthermore, the emergence of bioterrorism poses new challenges, highlighting the critical importance of rigorous testing protocols and sophisticated analytical services within the biopharmaceutical sector. This market analysis and report includes in-depth information on the key market drivers, trends, and challenges during the forecasted period.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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