Pharmacokinetics Services Market

Pharmacokinetics Services Market Size By Drug Type (Large Molecules and Small Molecules), and By Application (Large Enterprise and Small And Medium Enterprise), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14413
  • Published Date: Jun, 2024
  • Pages: 238
  • Category: Healthcare
  • Format: PDF
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The global pharmacokinetics services market was valued at USD 3.4 billion in 2023, growing at a CAGR of 7.1% from 2024 to 2033. It is expected to reach USD 6.7 billion by 2033. The increasing drug development activities are expected to drive the market’s growth during the forecast period. Researchers are adopting the technique of Pharmacokinetics for testing novel vaccines at every step of development.

Market Introduction:

The branch of pharmacology known as pharmacokinetics (PK) is responsible for ascertaining the fate of medications given to living things. It describes how the body affects any given chemical after it has been administered by changing how some compounds are metabolised within the body and how the drug's metabolites are excreted. The subject of pharmacokinetics examines how an organism affects a medication. The dosage and mode of administration of a medicine can impact the chemical properties of pharmacokinetics, which can impact the absorption rate. The market has expanded because doctors, surgeons, and patients have grown awareness of the benefits of pharmacokinetic and toxicological studies to solve difficulties such as human equivalent dosages and no observed impact levels services. PK has been increasingly prominent in drug research in the last few decades. Government and regulatory agencies are concentrating on standardising pharmacokinetic protocols now that they know pharmacokinetics' importance in pharmaceutical development.

Pharmacokinetics Services Market Size

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Recent Development

In March 2023, with the release of Simcyp PBPK Simulator Version 22, Certara, Inc. expanded the therapy types it can model and added the option to replicate experimental scenarios for new patients. Updates to the company's population-based modelling and simulation platform are also included.

In May 2022, Tasso, Inc., a leader in clinical-grade blood collection solutions ("PopPK"), launched an integrated patient-centric service for population pharmacokinetics, Tasso PopPK Solutions. Due to the advent of Tasso PopPK Solutions, pharmaceutical companies may now operationalize pharmacokinetic investigations as part of their decentralised clinical trial efforts with Tasso. Tasso's remote solution enhances modelling accuracy and speeds up clinical trials by facilitating the scalable and convenient collection of pharmacokinetic data.

In March 2022, We are happy to announce the opening of our operations in the Boston and San Francisco regions. Meadowhawk Biolabs, Inc. is a contract research organisation (CRO) that offers bioanalytical, pharmacokinetic, and pharmacological services to biotechnology and pharmaceutical businesses.

Market Dynamics:


Increasing drug development activities- The pharmaceutical industry is increasing its investment in drug development since there is an increasing demand for new drugs and treatments. Pharmacokinetics services provide crucial information about how drugs are absorbed, distributed, metabolised, and removed, making them crucial to developing new pharmaceuticals. The demand for pharmacokinetic studies to support regulatory submissions and ensure drug safety and efficacy drives the need for these services.


High cost of pharmacokinetic studies- Complex pharmacokinetic studies necessitate specialised knowledge, cutting-edge tools, and sophisticated analytical methods. These elements add to the high price of carrying out pharmacokinetic research. Due to their high cost, pharmacokinetics services may not be as accessible, especially for small and medium-sized pharmaceutical enterprises with tight budgets.


Technological advancement- Technological advancements in analytical techniques such as high-performance liquid chromatography (HPLC), mass spectrometry, and LC-MS have increased the accuracy and sensitivity of drug analysis. Furthermore, advancements in pharmacokinetic modelling and simulation approaches have enhanced the prediction and optimization of drug behaviour in the body. Technological advancements have expanded pharmacokinetics services' capabilities while enhancing their dependability and efficiency.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the largest global pharmacokinetics services market, with a 37.2% market revenue share in 2023.

Due to numerous well-known pharmaceutical businesses, North America dominated the industry. Major U.S. drug manufacturers have been noticed forming several strategic agreements with CROs that provide PK investigation services in the area. North America's dominance is largely due to an efficient regulatory framework for drug development processes, which includes PKPD and toxicology studies in the area.

North America Region Pharmacokinetics Services Market Share in 2023 - 37.2%

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Drug Type Segment Analysis

The drug type segment is divided into large molecules and small molecules. The small molecules segment dominated the market, with a market share of around 59% in 2023. The small molecules drug segment is increasing due to high market penetration and a growing demand for generic medicine. Furthermore, the small size of the drugs allows them to pass through the digestive tract easily, which adds impetus to the segment’s growth.

Application Segment Analysis

The application segment is divided into large enterprises and small and medium enterprises. The small and medium enterprise segment dominated the market, with a market share of around 56% in 2023. Small and medium enterprises have been growing as they can take risks and have the support of several government organisations.

Some of the Key Market Players:
  • Certara, L.P.
  • GVK Biosciences Private Limited
  • Pharmaceutical Product Development, LLC
  • PAREXEL International Corporation
  • Frontage Labs
  • LGC Limited
  • Evotec AG
  • Shanghai Medicilon Inc.
  • Charles River Laboratories International, Inc.
  • SGS SA
  • Creative Bioarray

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 3.4 Billion
Market size value in 2033 USD 6.7 Billion
CAGR (2024 to 2033) 7.1%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Drug Type, Application

Frequesntly Asked Questions

As per The Brainy Insights, the size of the pharmacokinetics services market was valued at USD 3.4 billion in 2023 to USD 6.7 billion by 2033.

The global pharmacokinetics services market is growing at a CAGR of 7.1% during the forecast period 2024-2033.

North America emerged as the largest pharmacokinetics services market.

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This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global pharmacokinetics services market based on the below-mentioned segments:

Global Pharmacokinetics Services Market By Drug Type:

  • Large Molecules
  • Small Molecules 

Global Pharmacokinetics Services Market By Application:

  • Large Enterprise
  • Small And Medium Enterprise

Global Pharmacokinetics Services Market By Region:              

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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