Bioburden Testing Market Emerging Trends | Global Key Players Charles River, Merck KGaA, SGS SA, WuXi AppTec

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Bioburden Testing Market is projected to reach US$ 1,103 Million by 2023 from US$ 614 Million in 2018, at a CAGR of 12.4% during the forecast period. A number of factors, such as the growth in the medical devices, pharmaceutical, and biotechnology industries; rising safety concerns related to food and beverage products; and the increasing number of product recalls due to microbial contamination are expected to drive the growth of this market during the forecast period.

Top Companies profiled in the Bioburden Testing Market include :
Charles River (US)
Merck KGaA (Germany)
SGS SA (Switzerland)
WuXi AppTec (China)
Becton, Dickinson and Company (US)
NAMSA (US)
Nelson Laboratories, LLC (US)
Thermo Fisher Scientific, Inc. (US)
biomérieux SA (France)
Pacific BioLabs (US

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“Consumables segment to witness the highest CAGR in the bioburden testing products market during the forecast period”
The consumables market is further segmented into culture media, reagents, and kits, and other consumables, while the market for instruments is further categorized as automated microbial identification systems, PCR instruments, microscopes, and other instruments. In 2018, the consumables segment is expected to register the highest CAGR during the forecast period, majorly due to the recurrent purchase of kits and reagents, as opposed to instruments which are considered as a one-time investment.

“Aerobic count segment to account for the largest share of the bioburden testing market, by test type”
Based on test type, the bioburden testing market is segmented into aerobic count, anaerobic count, fungi/mold count, and spore count. In 2018, the aerobic count segment is expected to account for the largest share of the bioburden testing market, by test type. This segment is also expected to witness the highest CAGR during the forecast period.

“North America to dominate the bioburden testing market during the forecast period”
North America is expected to account for the largest share of the bioburden testing market in 2018. The large size of the North American biotechnology industry will aid in the growth of the bioburden testing market in this region. However, the Asian market is expected to grow at the highest CAGR during the forecast period.

Report Highlights:
• To forecast the size of the market segments in North America, Europe, Asia, and the Rest of the World (RoW)

• To define, describe, and forecast the bioburden testing market on the basis of product, test type, application, end user, and region

• To provide detailed information regarding the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

• To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the market

• To analyze market opportunities for stakeholders and provide details of the competitive landscape for market leaders

• To track and analyze competitive developments such as product/service launches, agreements, partnerships, collaborations, acquisitions, and expansions in the bioburden testing market

• To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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This release was published on openPR.