Press release
Releases New Report on the Testing, Inspection and Certification Market 2021-2025 | Top Key Players - Eurofins Scientific, Bureau Veritas, SGS Group, Dekra Certification, Intertek, TUV SUD
Testing, Inspection and Certification Market
Overview of Global Testing, Inspection and Certification Market:
The Global Testing, Inspection and Certification Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Testing, Inspection and Certification market size to maintain the average annual growth rate of 0.01050034967 from $80.2 Billion in 2015 to $84.5 Billion in 2019, market analysts believe that in the next few years, Testing, Inspection and Certification market size will be further expanded, we expect that by 2025, The market size of the Testing, Inspection and Certification will reach $89.6 Billion.
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Significant key factors driving the growth of the Global Testing, Inspection and Certification Market are increase in disposable income and rapid urbanization in developing economies; high growth in product recalls across the world; high adoption of outsourcing service models by worldwide manufacturers; increased requirement for harmonized standards; surge in illicit trading, counterfeiting, and piracy practices across the world; and enforcement of rigorous government regulations and standards across various sectors.
The Global Testing, Inspection and Certification Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Testing, Inspection and Certification Market is sub-segmented into Testing, Inspection, Certification and others. On the basis of Application, the Global Testing, Inspection and Certification Market is classified into Industrial, Laboratory and others.
Global Business News:
Eurofins Scientific (February 18, 2021) - Eurofins Scientific Announces Acquisition of Beacon Discovery, Substantially Expanding Its Integrated Drug Discovery Capabilities and Expertise - Eurofins Scientific, a global scientific leader in bioanalytical testing announces the acquisition of Beacon Discovery, a preeminent drug discovery and contract research organization (CRO) focused on G-Protein Coupled Receptor (GPCR) research. Beacon Discovery joins Eurofins Discovery, a market leading CRO with the broadest portfolio of validated in vitro pharmacology, ADMET, and chemistry services for integrated drug discovery solutions. The transaction is expected to close in the coming weeks upon fulfilment of customary closing conditions.
Eurofins acquired Beacon Discovery for its innovative approach, years of experience in drug discovery and development as well as their profound expertise in GPCR research, complemented by their unique compound library. The addition of Beacon Discovery supports Eurofins’ strategy to be the partner of choice to the pharmaceutical industry, providing drug discovery experience, knowledge, and proven success in supporting the discovery and development of new therapeutics. Beacon Discovery significantly augments Eurofins Discovery’s capabilities and innovative methods to support and accelerate drug discovery research and development and capitalize on the growing R&D outsourcing market.
Comment from Dr. Sunny Al-Shamma, Beacon Discovery’s CEO: “Beacon Discovery is very excited to join Eurofins. Joining the Eurofins Discovery organisation expands our opportunity to continue our drug discovery efforts and provide integrated drug discovery services with the additive and complementary capabilities provided by Eurofins Discovery”.
Comment from Dr. Gilles Martin, Eurofins’ CEO: “Beacon Discovery adds the expertise in GPCR targets and drug discovery and development experience that will advance our offering in integrated drug discovery services for our clients. This transaction is another demonstration of Eurofins’ commitment to provide the most comprehensive portfolio of laboratory services in the discovery pharmacology field which enjoys a strong outsourcing growth trend.
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Top Leading Key Manufacturers are: SGS Group, Bureau Veritas, Dekra Certification, Intertek, TUV SUD, Eurofins Scientific, DNV, TUV Rheinland, UL LLC, ALS Limited, TUV Nord Group, Mistras Group, SAI Global, BSI Group, Exova Group and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Testing, Inspection and Certification in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
In the end, important application areas of Testing, Inspection and Certification are also assessed on the basis of their performance. Market predictions along with the statistical nuances presented in the report render an insightful view of the Testing, Inspection and Certification Market. The market study on Global Testing, Inspection and Certification Market 2021 report studies present as well as future aspects of the Testing, Inspection and Certification Market primarily based upon factors on which the companies participate in the market growth, key trends and segmentation analysis.
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Major Points in Table of Contents:
Global Testing, Inspection and Certification Market Report 2021
1 Testing, Inspection and Certification Product Definition
2 Global Testing, Inspection and Certification Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Testing, Inspection and Certification Shipments
2.2 Global Manufacturer Testing, Inspection and Certification Business Revenue
2.3 Global Testing, Inspection and Certification Market Overview
3 Manufacturer Testing, Inspection and Certification Business Introduction
3.1 SGS Group Testing, Inspection and Certification Business Introduction
3.2 Bureau Veritas Testing, Inspection and Certification Business Introduction
3.3 Dekra Certification Testing, Inspection and Certification Business Introduction
3.4 Intertek Testing, Inspection and Certification Business Introduction
3.5 TUV SUD Testing, Inspection and Certification Business Introduction
3.6 Eurofins Scientific Testing, Inspection and Certification Business Introduction
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