Mycoplasma Testing in Clinical Market Anticipated to Experience Record Growth of USD 526.23 Million by 2030

Data Bridge Market Research recently conducted an in-depth market intelligence study, thoroughly examining Mycoplasma Testing in the Clinical Market. The newly released report showcases an attractive layout, presenting crucial data through visually captivating tables, graphs, charts, and figures.

Regarded as a premier market research report, Mycoplasma Testing in Clinical is the culmination of a proficient team's efforts and their potential capabilities. This report utilizes data collection modules with substantial sample sizes for comprehensive data gathering and base year analysis. Market research data within undergoes rigorous analysis and forecasting using statistical and coherent models. Covering diverse facets of this industry and market, the wide-ranging market analysis report sheds light on aspects including market definition, segmentation, competitive analysis, and research methodology, making it a winning asset in the Mycoplasma Testing in Clinical business landscape.

The meticulous efforts coupled with integrated approaches result in an exceptional market research report crucial for guiding the decision-making processes of businesses. The all-encompassing Mycoplasma Testing in Clinical marketing report covers market definition, currency and pricing, segmentation, market overview, premium insights, key insights, and company profiles of the key market players. Profiles of market competitors are scrutinized concerning company snapshots, geographical presence, product portfolios, and recent developments. For businesses aiming to gain a competitive edge in this rapidly evolving marketplace, opting for the Mycoplasma Testing in Clinical market research report is highly recommended due to the manifold benefits it offers for thriving enterprises.

Data Bridge Market Research forecasts significant growth in the mycoplasma testing in clinical market, expected to surge from USD 295.06 million in 2022 to an estimated USD 526.23 million by 2030, projecting a CAGR of 7.5% during the forecast period from 2023 to 2030. Alongside insights into market scenarios encompassing value, growth rate, segmentation, geographical coverage, and major players, the reports curated by Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory frameworks.

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According to the CDC, the number of deaths from chronic lower respiratory diseases will be 152,657 in 2021. The number of deaths from respiratory illnesses, pulmonary disease, and tuberculosis has increased, and these figures are expected to rise further in the coming years, fueling the growth of the mycoplasma testing in clinical market. Furthermore, key market participants anticipate an increase in demand for improved diagnostics for non-pulmonary therapies, which will drive the global market in the near future.

Key Growth Drivers:

Increasing R&D investments

Rising research costs and increasing R&D investments by key companies will likely encourage firms to adopt highly efficient mycoplasma testing tools. For instance, Bristol-Myers Squibb began investing in developing investigational medicines to support clinical trials. Furthermore, with the introduction of biosimilar and the resulting lucrative R&D investment, it has become critical to conduct safety testing to ensure that a product meets the standards for efficacy, safety, and overall public health. Merck KGaA expanded its manufacturing footprint in the United States in December 2020, investing more than USD 45.6 million (EUR 40 million) in its Massachusetts and New Hampshire production facilities. The sites were designed to produce a variety of biopharmaceutical manufacturing products while also increasing the company's production capacity. This is expected to further improve the penetration of mycoplasma testing tools.

Growing concerns over cell culture contamination

The most common problem in cell culture laboratories is contamination. Cell culture contaminations are classified into two types: chemical contamination and biological contamination. Impurities, sera, water, and endotoxins are among the chemical contaminants. Various tests, including mycoplasma testing, are also used to detect contamination.

The report outlines the involvement of key players, including:

AB ANALITICA s.r.l. (Italy), BIOMÉRIEUX (France), ELITechGroup (France), Liofilchem S.r.l. (Italy), Agilent Technologies, Inc. (U.S.), PromoCell GmbH (Germany), F. Hoffmann-La Roche Ltd (Switzerland), OSANG Healthcare (South Korea), Sacace Biotechnologies Srl (Italy), Lonza (Switzerland), Merck KGaA (Germany), Seegene Inc. (South Korea), Clongen Laboratories, LLC (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Charles River Laboratories (U.S.), Bionique Testing Laboratories LLC (U.S.) and ZEAKON Diagnostics (India)

Key Market Segmentation

Products (Kits and Reagents, Instruments, Services), Technique (Microbial Culture Techniques/Direct Assay, Polymerase Chain Reaction, ELISA, DNA Staining/Indirect Assay, Enzymatic Methods), Application (Cell Line Testing, Virus Testing), Disease Area (Respiratory, Urogenital, Gastrointestinal, Musculoskeletal, Cardiovascular, Others), End User (Diagnostic Laboratories, Hospitals)

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This release was published on openPR.