Press release
Global Biologics Safety Testing Market is Expected to Represent US$ 4.36 Bn value by 2022-end
Need more information about Report methodology ? https://www.persistencemarketresearch.com/methodology/18592
According to the report, North America will remain at the forefront of global expansion of biologics safety testing market. Throughout the forecast period, North America is anticipated to remain the largest market for biologics safety testing products & services. Key drug regulatory bodies such as the FDA are based in North America. Moreover, the overall healthcare infrastructure in the US and Canada is robust, and exhibits a high uptake for new and improved safety tests on biologics.
The biologics safety testing market in Europe is also expected to witness impressive growth. Global leaders in biopharmaceutical production are expanding their presence in European countries such as Germany and the UK. Moreover, the European region continues to showcase a scientifically- and technologically-advanced healthcare marketplace for biologics safety testing.
Likewise, Japan’s biologics safety testing market is also anticipated to incur rapid growth at a CAGR of 9.3%. Meanwhile the Asia-Pacific excluding Japan (APEJ) region is anticipated to witness stellar growth, particularly with respect to manufacturing of biologics safety testing products. Low wages and favorable industrial regulations are expected to bolster the manufacturing of biologics safety testing products in the APEJ region. Between 2017 and 2022, the APEJ biologics safety testing market is estimated to create over US$ 270 Mn in absolute dollar opportunity.
A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/18592
Key insights on the future of global biologics safety testing market
The report also projects that,
In 2017, endotoxin tests will account for nearly one-third share on global revenues
The demand for adventitious agent detection tests will incur a relatively sluggish growth towards the latter half of the forecast period
While kits and reagents will remain top-selling products, the global market for biologics safety testing will register higher traction for services, revenues from which are slated to grow at a CAGR of 9%
Vaccine and therapeutics development, the largest application for biologics safety testing, will be bringing in revenues worth over US$ 1.68 Bn by the end of 2022
Key Players
Wuxi Apptec, Lonza Group Ltd., Toxikon Corporation, BioMerieux SA, Pace Analytical Services Inc., Thermo Fisher Scientific Inc., Genscript Biotech Corp., Eurofins Scientific Se, SGS S.A., Sigma-Aldrich Corporation (Merck KGaA), and Charles River Laboratories International, Inc. are profiled as key players in the global market for biologics safety testing. These companies are anticipated to remain active in the expansion of global biologics safety testing market through 2022.
Buy Full Report@ https://www.persistencemarketresearch.com/checkout/18592
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
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 Global Biologics Safety Testing Market is Expected to Represent US$ 4.36 Bn value by 2022-end here
News-ID: 803017 • Views: …
More Releases from Persistence Market Research
Hydrolyzed Vegetable Protein Market Boom Rising from $3.3 Bn in 2025 to $5.3 Bn …
The hydrolyzed vegetable protein (HVP) market is a key contributor to the food and beverage industry, enhancing flavor profiles and nutritional value in processed foods, nutraceuticals, personal care products, and animal feed. HVP, derived from plant-based sources such as soy, corn, and peas, is widely used as a natural flavor enhancer and protein fortification agent.
Request a Sample: https://www.persistencemarketresearch.com/samples/10975
According to the latest study by Persistence Market Research, the global market…
High Purity Alumina Market to Reach US$ 18.2 Bn by 2032, Driven by Rising Demand …
The global High Purity Alumina (HPA) market is entering a phase of rapid expansion as industries increasingly adopt advanced materials to meet the needs of modern technology. Known for its exceptional properties such as high melting point, superior hardness, chemical stability, and excellent electrical insulation, HPA has become an indispensable material across multiple high-tech industries.
According to the latest study by Persistence Market Research, the global HPA market size is estimated…
Conductive Carbon Black Market to Reach US$ 541.1 Million by 2025, Driven by Ris …
The global conductive carbon black market is witnessing a significant transformation as industries increasingly focus on materials that enhance conductivity, durability, and performance across a wide range of applications. According to the latest study by Persistence Market Research, the market is expected to achieve a valuation of US$ 541.1 million by 2025, expanding at a robust compound annual growth rate (CAGR) of 7.7% throughout the forecast period from 2025 to…
Transparent Barrier Packaging Films Market to Reach US$34.8 Bn by 2031, Driven b …
The global transparent barrier packaging films market is witnessing robust growth, fueled by evolving consumer preferences, the rising importance of product shelf life, and the growing push toward sustainable packaging solutions. According to the latest study by Persistence Market Research, the market is estimated to increase from US$21.9 billion in 2024 to US$34.8 billion by 2031, securing a healthy CAGR of 6.9% during the forecast period. This growth underscores the…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
