Press release
Global Biological Safety Testing Market to grow at a CAGR of 11.12% during the period 2017-2021
About Biological Safety Testing
Biological safety ensures the biological integrity of products that are meant for consumption. Biological safety testing examines facilities and tests them for various types of contaminations.
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Several instruments, reagents, and kits are used for biological safety testing. Due to the increasing number of product recalls, which have caused significant losses for pharmaceutical companies, the focus on biological safety testing is increasing. Pharmaceutical and biotechnology companies are making significant investments in research and development (R&D) to develop safe products.
Technavios analysts forecast the global biological safety testing market to grow at a CAGR of 11.12% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global biological safety testing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Biological Safety Testing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Merck
Lonza
SGS
Thermo Fisher Scientific
Other prominent vendors
Air Science
Avance Biosciences
BSL Bioservice
Charles River Laboratories
Esco Micro
Nordic Scientific & Natural Solutions
NuAire
WuXi Biologics
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Market driver
Growing biotechnology and pharmaceutical industries
For a full, detailed list, view our report
Market challenge
Lack of trained professionals
For a full, detailed list, view our report
Market trend
International conferences promoting best practices of biosafety
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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