Analytical standards are specific property used to measure the purity and quality of the drug and formulated medicine which helps in providing safety, efficiency, and quality medicines. Global analytical standards market value is projected to be $1.27 Billion in 2017 and is expected to generate revenue of around $1.94 Billion by the end of 2024, growing at a CAGR of around 6.3% between 2017 and 2024. Increasing public concerns related to optimal food safety and quality and expansion of pharmaceutical and biotechnology industries worldwide are the factors enhancing the growth of the market. Stringent storage requirements for analytical standards and lack of full spectrum of analytical standards are the factors which hamper the market growth. Development of new analytical methods and a growing number of clinical trials across the globe which offer significant growth are the opportunities for analytical standards market.
Research Study Objectives:
Top-down and bottom-up approaches are used to validate the analytical standards market size and are used to estimate the size of other dependent submarkets. Key players in the market
Starting from $2700
Starting from $2700
Starting from $2700
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