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:

• Define, estimate, and forecast the analytical standards market statistics by product, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the analytical standards market growth
• Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the analytical standards market analysis report.
• Analysis and conclusions on the future analytical standards market outlook.

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 are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The analytical standards market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the analytical standards market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The analytical standards of market segmentation are as follows:

By Category

• Organic analytical standards
• Inorganic analytical standards

By Technique

• Chromatography standards
• Spectroscopy standards
• Titrimetry standards
• Physical properties testing standards

By Application

• Food & Beverages
• Forensics
• Veterinary
• Petrochemistry
• Environmental
• Pharmaceutical and life sciences standards

Geographical Analysis:

Analytical standards market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the analytical standards market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Analytical Standards Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant analytical standards market players, such as
  • The Merck Group.
  • Mallinckrodt Pharmaceuticals
  • Cayman Chemical Company.
  • GFS Chemicals, Inc.
  • Chiron As.
• Along with these companies, many other companies are considered in the report while analysing the global analytical standards competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.