Global Biological Safety Testing Market Size By Product (Instrument, Reagents And Kits, Services), By Application (Drugs, Vaccines, Therapeutics), By Test (Endotoxin, Sterility Test, Bioburden), By Geographic Scope And Forecast
Report ID: 35778|No. of Pages: 202
Global Biological Safety Testing Market Size By Product (Instrument, Reagents And Kits, Services), By Application (Drugs, Vaccines, Therapeutics), By Test (Endotoxin, Sterility Test, Bioburden), By Geographic Scope And Forecast
Biological Safety Testing Market Size And Forecast
Biological Safety Testing Market size was valued at USD 3.29 Billion in 2021 and is projected to reach USD 9.17 Billion by 2030, growing at a CAGR of 12.07% from 2023 to 2030.
The Biological Safety Testing Market is estimated to show tremendous growth during the forecasted period due to the increasing number of pharmaceutical and biotechnology industries. The Global Biological Safety Testing Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Biological Safety Testing Market Definition
Manufacturing and development of various biologics like – drugs, vaccines, therapeutics, tissue banks, blood and blood-derived products, stem cells are susceptible to contamination with several infectious and microbial agents so these products have to go through stringent biological safety testing which ensured the safety before any clinical investigation or sales. Various tests are performed such as sterility test, bioburden, endotoxin test, and others to certify the safety and effectiveness of the final biological products during their usage.
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Global Biological Safety Testing Market Overview
The increasing number of pharmaceutical and biotechnology industries is the major factor driving the growth of this market furthermore, the rising frequency of chronic diseases has led to an increased demand for biotechnological research as well as for drug discovery activities which is also contributing to the growth of Biological Safety Testing Market. Moreover, with the increasing utilization of single-use medical items, pharmaceutical manufacturers are majorly focusing on producing safe products and need sterility assurance for their products before any kind of clinical investigation or sales. However, the biological safety process is a very time-consuming and complex process that is restricting the growth of this market.
Global Biological Safety Testing Market: Segmentation Analysis
The Global Biological Safety Testing Market is Segmented on the basis of Product, Application, Test, And Geography.
Biological Safety Testing Market, By Product
- Instrument
- Reagents And Kits
- Services
Based on Product, The market is segmented into Instrument, Reagents And Kits, and Services.
Biological Safety Testing Market, By Application
- Drugs
- Vaccines
- Therapeutics
- Stem Cell
- Tissue Banks
- Blood And Various Blood-Derived Products
Based on Application, The market is segmented into Drugs, Vaccines, Therapeutics, Stem Cell, Tissue Banks, and Blood And Various Blood-Derived Products.
Biological Safety Testing Market, By Test
- Endotoxin
- Sterility Test
- Bioburden
- Cell Line Authentication
Based on Test, The market is segmented into Endotoxin, Sterility Test, Bioburden, and Cell Line Authentication. Bioburden is estimated to dominate the Biological Safety Testing Market because World Health Organization has released instructions for the health workers and health managers and procedures for effective sanitization, which will increase the demand for sanitizers and as a result of this, the demand for Bioburden will also increase.
Biological Safety Testing Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, The Global Biological Safety Testing Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is estimated to dominate this market owing to increasing biotechnology and pharmaceutical industries in this region and innovative technologies in these industries along with favorable government initiatives are also contributing to the growth of this market. Furthermore, advanced healthcare infrastructure and growing R & D spending is also driving the growth of the market in this region.
Key Players
The “Global Biological Safety Testing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Sartorius AG, SGS SA, F. Hoffmann-La Roche AG, Lonza Group LTD, Thermo Fisher Scientific, Inc., Charles River Laboratories, Inc., Eurofins Scientific, Merck KGaA and Source BioScience.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- May 2022 – Lonza Group LTD which is a pharmaceutical and biotech manufacturer announced that the firm has entered into a deal to divest the Quakertown. The firm had a deal in which it will sell its particle size reduction facility in Quakertown.
- May 2022 –Charles River Laboratories has paired with a drug discovery technology firm on Logica which is an artificial intelligence tool specially designed to boost the development of new treatments.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2018-2030 |
| Base Year | 2021 |
| Forecast Period | 2023-2030 |
| HISTORICAL PERIOD | 2018-2020 |
| UNIT | Value (USD Billion) |
| Key Companies Profiled | Sartorius AG, SGS SA, F. Hoffmann-La Roche AG, Lonza Group LTD, Thermo Fisher Scientific, Inc., Charles River Laboratories. |
| Segments Covered | By Product, By Application, By Test, And By Geography. |
| Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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Data Collection Matrix
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Econometrics and data visualization model
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
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Industry Analysis Matrix
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