Press release
Key Trends Reshaping the Biological Safety Testing Products And Services Market: Innovative Advancements In Biological Safety Testing Products And Services Industry Transformation
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Biological Safety Testing Products And Services Market Size Growth Forecast: What to Expect by 2025?
Rapid expansion has characterized the market for biological safety testing offerings in recent times, projected to escalate from a value of $5.4 billion in 2024 to $6.12 billion the following year, reflecting a compound annual growth rate (CAGR) of 13.3%. This sustained growth throughout the historical timeframe stems from several key factors, including the widespread incidence of specific diseases, the increasing output of advanced biologics, escalating consumer demand for biological products, greater uptake of various testing instruments, the flourishing of the pharmaceutical and biotechnology sectors, and heightened focus on adhering to regulatory mandates.
How Will the Biological Safety Testing Products And Services Market Size Evolve and Grow by 2029?
Anticipation suggests the market encompassing biological safety testing products and services will experience swift expansion in the forthcoming period, achieving a valuation of $10.04 billion by the year 2029, propelled by a compound annual growth rate (CAGR) registering at 13.2%. This upward trajectory forecasted for the coming years stems from several key factors: the escalating prerequisite to assess the safety and efficacy of medical interventions for health ailments, a surge in the creation of novel therapies and treatments, heightened focus on advancing cell and gene therapies, augmented capital flowing into the biopharmaceutical sector, and governmental programs aimed at bolstering biopharmaceutical security. Key patterns shaping this timeframe include progress in technology, greater necessity for bioburden evaluations, increased financial commitments towards biopharmaceuticals and biologics, compliance with regulations serving as a catalyst for uptake, and strategic mergers and acquisitions activity among prominent industry participants.
View the full report here:
https://www.thebusinessresearchcompany.com/report/biological-safety-testing-products-and-services-global-market-report
What Drivers Are Propelling the Growth of Biological Safety Testing Products And Services Market Forward?
Anticipated future expansion in the market for biological safety testing products and services is fueled by the rising need for gene therapies, which represent a medical strategy employing genes to manage or avoid illness through the alteration, supplementation, or replacement of defective ones; a surge in financial backing and scientific investigation focused on gene mutations, coupled with favorable regulatory frameworks, further speeds up creative advancements and broadens the scope of gene therapeutic uses, necessitating biological safety testing products and services within gene therapy to confirm that viral vectors and genetic components are free from contamination and secure for deployment; illustrating this trend, data released in January 2024, stemming from a publication by the American Society of Gene & Cell Therapy, a US non-profit scientific and medical body, indicated that during the final quarter of 2023, there was a 10% rise in gene therapies undergoing Phase III clinical trials, marking the initial quarterly ascent of this nature since the third quarter of 2022, consequently establishing the increasing requirement for gene therapies as the primary impetus behind the growth of the biological safety testing products and services sector.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18258&type=smp
Which Emerging Trends Are Transforming the Biological Safety Testing Products And Services Market in 2025?
Key corporations within the sphere of biological safety testing products and services are concentrating on creating accelerated, non-animal-based assays for bacterial endotoxin detection, a move designed to both bolster patient well-being and quicken the pace of medication creation. This advanced methodology seeks to cut down on the duration required for testing while simultaneously boosting the dependability of outcomes, all without incorporating materials sourced from animals. As an illustration, in the initial month of 2024, Charles River Laboratories International, a pharmaceutical and biotechnology firm situated in the United States, launched the Endosafe Trillium cartridge; this system utilizes recombinant innovation for the identification and measurement of endotoxins, effectively circumventing the requirement for animal-origin elements. Representing the premier rapid endotoxin test that is entirely free of animal products, this offering boasts quicker processing speeds and removes the necessity for reagents derived from animals, consequently advancing both environmental responsibility and ethically sound testing protocols. The goal behind this specific product is to deliver swift, precise outcomes while simultaneously decreasing dependency on the conventional Limulus amebocyte lysate (LAL) formulation, traditionally sourced from horseshoe crabs.
What Are the Key Segments in the Biological Safety Testing Products And Services Market?
The biological safety testing products and servicesmarket covered in this report is segmented -
1) By Product: Reagents And Kits; Instruments; Services
2) By Test Type: Endotoxin Tests; Sterility Tests; Cell Line Authentication And Characterization Tests; Bioburden Tests; Adventitious Agent Detection Tests; Residual Host Contamination Detection Tests; Other Test Types
3) By Application: Vaccines And Therapeutics; Blood And Blood-Based Products; Gene Therapy; Tissue And Tissue-based Products; Stem Cell
Subsegments:
1)By Reagents And Kits: Endotoxin Testing Kits; Mycoplasma Detection Kits; Sterility Testing Kits; Microbial Detection Reagents; Cell Culture Media Reagents
2) By Instruments: PCR Instruments; Microplate Readers; Bioluminescence Detection Systems; Automated Cell Culture Systems; ELISA Readers
3) By Services: Microbial Testing Services; Biocompatibility Testing Services; Endotoxin Testing Services; Environmental Monitoring Services; Consulting And Validation Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=18258&type=smp
Who Are the Key Players Shaping the Biological Safety Testing Products And Services Market's Competitive Landscape?
Major companies operating in the biological safety testing products and services market are Merck KGaA, Thermo Fisher Scientific Inc., Quest Diagnostics Incorporated, SGS Société Générale de Surveillance SA, Eurofins Scientific, Agilent Technologies Inc., Lonza Group AG, WuXi AppTec Co. Ltd., Charles River Laboratories Inc., BioMérieux SA, Almac Group, Samsung Biologics Co. Ltd., Maravai LifeSciences Holdings Inc., Genscript Biotech Corp, Wako Pure Chemical Industries Ltd., Associates of Cape Cod Inc., InvivoGen S.A.S., Microcoat Biotechnologie GmbH, BSL BIOSERVICE Scientific Laboratories Munich GmbH, Redberry, PathoQuest
What Geographic Markets Are Powering Growth in the Biological Safety Testing Products And Services Market?
North America was the largest region in the biological safety testing products and services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the biological safety testing products and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18258
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Trends Reshaping the Biological Safety Testing Products And Services Market: Innovative Advancements In Biological Safety Testing Products And Services Industry Transformation here
News-ID: 4275542 • Views: …
More Releases from The Business Research Company
Key Factor Supporting Global Carboprost Tromethamine Market Development in 2025: …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Carboprost Tromethamine Market Size By 2025?
Substantial expansion has been observed in the market for carboprost tromethamine across recent years; projections indicate this segment will increase its valuation from $1.64 billion in 2024 to $1.74 billion in the subsequent year, marking a compound annual growth…
Boronate Affinity Tests Market on Track for Strong Growth, Estimated to Grow at …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Boronate Affinity Tests Market Through 2025?
The market valuation for boronate affinity tests has experienced robust expansion recently, projected to advance from $3.47 billion in 2024 to reach $3.81 billion the following year, reflecting a compound annual growth rate (CAGR) of 9.9%.…
Impact Of Emerging Infectious Diseases Enhanced Biodefense Market: Transformativ …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Biodefense Industry Market Size Be by 2025?
The biodefense sector has experienced robust expansion lately, projected to increase its market valuation from $18.55 billion in 2024 to $20.23 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.1%. This historical upswing is primarily fueled…
Steady Expansion Forecast for Autism Spectrum Disorder Diagnostics Market, Proje …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Autism Spectrum Disorder Diagnostics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market associated with diagnosing autism spectrum disorder has experienced robust expansion lately; projections indicate an increase from $27.39 billion in the year 2024 to $29.35 billion in 2025, reflecting a compound annual…
More Releases for Test
Vitamin Test Market: Global Vitamin Test Analysis and Forecast (2023-2029)Vitami …
12.04.2024: Vitamin Test Market Overview
The development of companion diagnostic tools and advances in personalised treatment are driving considerable growth and revolution in the oncology Vitamin Test market. In the era of precision medicine, where healthcare is increasingly customised for individual individuals based on their own genetic and molecular profiles, this market segment is essential. Ongoing innovation and development define the oncology Vitamin Test market. To find particular biomarkers, genetic mutations,…
CAGR 8.1% Homecare Pregnancy Test Kits Market By Type of Test (Urine Test For H …
The Homecare Pregnancy Test Kits market report by Reports and Data provides an extensive overview of the vital elements of the Homecare Pregnancy Test Kits market and factors such as the drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others. Further, it mentions the market shares associated with the market in terms of both value and volume along with the segmentation. Space-age industrial and digitalization tools are…
Home Safety Test Kits Market, Home Safety Test Kits Market Trends, Home Safety T …
“Home Safety Test Kits Market” 2020-2025 Research Report is a professional and in-depth study on the current state of the market. Global Home Safety Test Kits market containing a complete view of the market size, business share, profit estimates, SWOT analysis and the regional landscape of the Industry. The report explains key challenges and future development prospects of the market. The Global Home Safety Test Kits analysis is provided for…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Hearing Screening and Diagnostic Devices Market Demands with Major Tests: pure T …
New Market Research Reports Title "Hearing Screening And Diagnostic Devices Market 2018" Has Been Added to Crystal Market Research Report database.
Hearing Screening and Diagnostic Devices - Competitive Insights:
The leading players in the market are Gn Otometrics A/S, Otodynamics, Nashua Hearing Group, Siemens Healthineers, Natus Medical Incorporated, Interacoustics A/S, Neurosoft S.A, Accent Hearing Pty Ltd, MAICO Diagnostics GmbH and IntriCon Corporation. The major players in the market are profiled in detail…
Global Low Temperature Test Equipment Market Outlook 2017 : Ektron Tek, IEC Test …
Global Low Temperature Test Equipment Market 2017-2022
A market study ” Global Low Temperature Test Equipment Market ” examines the performance of the Low Temperature Test Equipment market 2017. It encloses an in-depth Research of the Low Temperature Test Equipment market state and the competitive landscape globally. This report analyzes the potential of Low Temperature Test Equipment market in the present and the future prospects from various angles in detail.
The Global…
