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Pharmaceutical Analytical Testing Outsourcing Market Size Worth $12 4 Billion By 2028: Grand View Research, Inc

Pharmaceutical Analytical Testing Outsourcing Market Size Worth $12.4 Billion By 2028: Grand View Research, Inc. SAN FRANCISCO, Feb. 2, 2021 /PRNewswire/ The global pharmaceutical analytical testing outsourcing market size is expected to reach USD 12.4 billion by 2028 registering a CAGR of 8.3%, according to a new report by Grand View Research, Inc. Increasing pipelines for biological candidates along with rising demand for additional analytical details on drugs as well as process development by regulatory agencies are boosting the market growth. Analytical testing helps in providing real-time product quality control along with optimizing & monitoring processes, characterize biosimilar & biologics, and improving productivity. One of the main reasons for outsourcing analytical testing services is to access skilled & experienced expertise, as well as expensive analytical equipment not available in-house.

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