Biologics Safety Testing Industry By Products and Services (Kits & Reagents, Services, Instruments) By Test Type (Endotoxin Tests, Sterility Tests, Cell Line Authentication and Characterization, Bioburden Tests) – Global Size Analysis and Market Forecast 2019-2025

  • Product Code:
    RP-ID-10078324
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    110
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-27

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Global Biologics Safety Testing Industry was valued at USD 2.80 Billion in the year 2017. Global Biologics Safety Testing Industry is further estimated to grow at a CAGR of 12.4% from 2019 to reach USD 7.06 Billion by the year 2025. North America region holds the highest Industry share in 2017 and Asia Pacific Industry is considered as the fastest growing Industry in the forecasted period. At a country level, the U.S and Canada are projected to grow strongly in the coming years.

Major market players in Biologics Safety Testing Industry are Sigma Aldrich Corp, Lonza group, SGS, Merck, Intertek, Charles River Laboratories International Inc., WuXi PharmaTech, BSL Bioservice, Cytovance Biologics Inc., Toxikon Corp., and brief information of 11 companies will be provided in the report. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.

Biologics Safety Testing Industry:
Strength:
Increasing research and investments in the healthcare industry
Weakness:
Time consuming approval process
Opportunities:
Technological advancements
Pharmaceutical emerging Industry
Threats:
Availability of skilled labors

The Global Biologics Safety Testing is segmented as by products & Services, by Test Type, by application, and by region. On the basis of products & services, the Industry is segmented as Kits & Reagents, Services, and Instruments of which Kits & Reagents holds the highest Industry share.

Biologics Safety Testing Industry Segmentation:
By Test Type
• Endotoxin Tests
• Sterility Tests
• Cell Line Authentication and Characterization Tests
• Bioburden Tests
• Residual Host Contaminant Detection Tests
• Adventitious Agent Detection Tests
• Other tests

By Applications
• Vaccine & Therapeutics Development
• Blood and Blood-Related Products Testing
• Cellular and Gene Therapy
• Tissue and Tissue-Related Products Testing
• Stem Cell Research

By Products and Services
• Kits & Reagents
• Services
• Instruments

By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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