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Biologics Safety Testing Market Size, Share, Trends, Growth, Analysis and Forecast 2028
Biologics Safety Testing Market
According to the report, global demand for the biologics safety testing market was valued at approximately USD 3.16 billion in 2018 and is expected to generate revenue of around USD 6.79 billion by end of 2025, growing at a CAGR of around 11.6% between 2019 and 2025.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.zionmarketresearch.com/sample/biologics-safety-testing-market
Biologics drugs or products are derived from biological sources or are manufactured using living microorganisms, animal or plant cells. The majority of the biologics available in the market are derived using recombinant DNA technology. These biologics can be large or small polypeptides, products purified from serum and blood, antitoxins, vaccines, viruses, toxins, proteins, glycoproteins, etc. Biologics have revolutionized the management and treatment of various chronic illnesses including cancer, rheumatoid arthritis, cardiovascular diseases, diabetes, etc. Biologics safety is an important concern and parameter for biologics manufacturers for regulatory compliance and uses in animals and humans.
Global biologics safety testing market growth is supported by various factors such as increasing chronic disease burden and growing demand for biologics for treating diabetes, cancer, cardiovascular diseases, and other chronic diseases, rapid growth in new product launches, increasing investments in life science R&D and growth in biopharmaceutical and pharmaceutical research. However, longer approval time and stringent regulatory requirements may act as restraining factors for market growth. Emerging markets and growth in demand for pharmaceutical outsourcing are expected to bring new growth avenues for major market players in biologics safety testing.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.zionmarketresearch.com/report/biologics-safety-testing-market
The global biologics safety testing market is segmented based on product, technology, test type, application, and region. Based on product, the global biologics safety testing market is categorized into instruments, services and reagents, and kits. Repeated and consistent use of reagents and kits led to the largest market share of the reagents and kits segment in 2018. The services segment is projected to register the highest growth in the coming years due to the growing demand for outsourcing services.
Based on test types biologics safety testing market is categorized into cell line authentication and characterization tests, adventitious agent detection, sterility, endotoxin, bioburden, residual host contamination detection tests, and other test types. The market was dominated by endotoxin test segment in 2018. The sterility test type segment will register the highest CAGR in the coming years.
The application segment market is categorized into vaccine and therapeutics development, cellular and gene therapy, blood and blood-related product testing, stem cell research, and tissue and tissue-related product testing. Growth in therapeutic drug and vaccine development projects by key pharmaceutical and biopharmaceutical companies has led to increasing adoption of biologics safety testing and thus accounted for the largest market share in 2018.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.zionmarketresearch.com/inquiry/biologics-safety-testing-market
North America held largest market share in 2018 for global biologics safety testing. Growing emphasis on novel therapeutics and vaccine development by biopharmaceutical and pharmaceutical companies, availability of funds, developed R&D infrastructure, growing R&D investments, and technological advancements are factors driving the market in this region. Europe was the second leading regional market. An increase in biologics development activities, high R&D spending, the presence of developed infrastructure and government support for R&D are some of the factors that boost the market growth in this region. Latin America is estimated to register considerable growth in the coming years.
Asia Pacific region will exhibit the highest CAGR for the biologics safety testing market in the coming years. Emphasis on capturing growth opportunities in developing nations by contract research organizations, increasing chronic disease burden, and increase in R&D spending are factors that promote biologics safety testing market growth in the Asia Pacific. Lack of funds and infrastructure may act as restraining factors for market growth in the Middle East and Africa.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐
Merck KGaA
SGS SA
Charles River Laboratories
Toxikon Corporation
Lonza Group LTD.
Cytovance Biologics Inc.
Pace Analytical Services Inc.
Sartorius AG WuXi Apptec
Thermo Fisher Scientific Inc.
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐จ๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐ฌ๐๐๐๐ญ๐ฒ ๐ญ๐๐ฌ๐ญ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ฌ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐๐๐๐ญ๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Reagents and Kits
Services
Instruments
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐๐๐๐ญ๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐๐ฌ๐ญ ๐๐ฒ๐ฉ๐
Endotoxin Tests
Sterility Tests
Cell Line Authentication and Characterization Tests
Residual Host Contamination Detection Tests
Adventitious Agent Detection Tests
Bioburden tests
Other Tests
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐๐๐๐ญ๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Vaccine and Therapeutics Development
Blood and Blood-related Products Testing
Cellular and Gene Therapy
Tissue and Tissue-related Products Testing
Stem Cell Research
๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐๐๐๐ญ๐ฒ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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