Bioassay Services Market Size
Market Size in USD Mn
CAGR30.3%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 30.3% |
| Market Concentration | High |
| Major Players | CCRM, Nexelis, Pacific BioLabs, PPD Laboratories, WuXi Advanced Therapies and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Bioassay Services Market Analysis
The bioassay services market is estimated to be valued at USD 443.0 Mn in 2025 and is expected to reach USD 2825.0 Mn by 2032, growing at a compound annual growth rate (CAGR) of 30.3% from 2025 to 2032.
The market for bioassay services has been witnessing strong growth over the past few years. Continuous technological advancements in the field of drug discovery along with growing research activities in the pharmaceutical industry have been the major factors influencing the demand for various bioassay services. Moreover, rising outsourcing of non-core research activities by biotechnology and pharmaceutical companies is expected to drive increased reliance on specialized bioassay laboratories.