Informing the drug development and commercialization industry Cary, N.C. – July 17, 2013 – Industry Standard Research (ISR) today announced the release of a new market research report titled “Bioanalytical Labs: Market Dynamics and Service Provider Performance.” The report provides the underserved industry with valuable market insights into the current and future demand for bioanalytical lab services, as well as sponsors with a selection tool and analysis of service quality for 17 global bioanalytical lab service providers. “Overall, the bioanalytical services industry should see growing demand over the next three years,” explained Andrew Schafer, President of ISR. “The vast majority of the 14 small and large molecule bioanalytical tests ISR profiled are expected to be in greater need in 2015 vs. today. This increase in demand should favor bioanalytical service providers across the board, due to the fact that these services are highly outsourced (~80%).” In addition to market insights, ISR’s report explores the current outsourcing environment for bioanalytical lab services, provides an analysis of the criteria sponsors use to select bioanalytical lab services, identifies of providers sponsors prefer to use, and offers “voice-of-the-customer” style satisfaction ratings based on direct customer experiences. What you’ll learn from ISR’s report:
  • Performance evaluations of 17 leading bioanalytical lab companies across key service delivery components
  • Most important attributes sponsor companies use to select bioanalytical lab providers
  • Current and future changes in the demand for specific small and large molecule tests across discovery and preclinical, clinical development, and post-commercialization
  • Outsourcing environment for bioanalytical lab services, including data on preferred provider agreements and spending distribution across large CROs, niche lab providers, and in-house sponsor labs
  • Geographic locations and the distribution of bioanalytical lab spending across test categories
For this report, ISR surveyed 100 respondents who have biomarker and/or bioanalytical lab decision-making responsibilities within pharmaceutical and biotechnology companies. For more information about this report, please visit ISR’s website: https://isrreports.com/product/bioanalytical-labs-market-dynamics-and-service-provider-performance/. About Industry Standard Research Industry Standard Research is the premier, full service market research provider to the pharma and pharma services industries.  With over a decade of experience, ISR delivers an unmatched level of domain expertise.  For more information about our off-the-shelf intelligence and custom research offerings, please visit the company’s Web site at www.ISRreports.com, email info@ISRreports.com, or follow us on Twitter @ISRreports.

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