Biologics Safety Testing Market, By Product & Service (Consumables, Instrument, Services), Application (Vaccine, Monoclonal Antibodies, Blood products, Cell & Gene Therapy Products), Test Type (Endotoxin, Myoplasm, Sterility Test) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Biologics Safety Testing Market Overview
Global Biologics Safety Testing market is anticipated to reach USD 3.5 billion in 2021 growing at a CAGR of 12.5% during the forecasting period, 2021-2028.
A biologic drug is produced by a living organism or is a component of it. Biologic safety testing is conducted on drugs, therapeutics, stem or tissue cell and other derived products. These tests are performed so as to ensure that the products are contamination free. There are multiple types of biologics like vaccine, blood, blood components, cells, allergens, genes, tissues, and recombinant proteins.
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Due to an increased RnD in biopharmaceutical sector along with raising concerns over cell contamination and growth of the market of biosimilar and biologics are some of the factors that have supported long-term expansion for Biologics Safety Testing industry.
Key Findings
Global Biologics Safety Testing market is segmented into Product & Service, Application, Test Type and, geography.
Product & Service segment is segmented into Consumables, Instrument, and Services
Application segment is segmented into Vaccine, Monoclonal Antibodies, Blood products, Cell & Gene Therapy Products
Test Type segment is segmented into Endotoxin, Myoplasm, and Sterility Test
Geographically, global Biologics Safety Testing market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Biologics Safety Testing Market Competitive Landscape
Key players in global Biologics Safety Testing market are Maravai Lifesciences (US), Associates of Cape Cod, Inc. (US), bioMérieux SA (France), Sartorius AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), and Nelson Laboratories, LLC (US), Bio-Rad Laboratories, Inc. (US) and QIAGEN (Germany), Agilent Technologies, Inc. (US), Pacific BioLabs (US), Microcoat Biotechnologie GmbH (Germany), PromoCell GmbH (Germany), FUJIFILM Wako Pure Chemical Corporation (Japan), and Almac Group (UK). Prominent players in the biologics safety testing market are Charles River Laboratories, Inc. (US), Lonza (Switzerland), Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), SGS SA (Switzerland), WuXi AppTec (China), and Eurofins Scientific (Luxembourg) among others.
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Reasons to Acquire in the Biologics Safety Testing Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Biologics Safety Testing market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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