The report is titled ‘Biological Safety Testing Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the biological safety testing market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market.
The global biological safety testing market is estimated to reach at a value of US$ 5.2 Bn by the end of 2022 and expected to reach at a value of US$ 12.5 Bn by 2030 with a significant CAGR of 11.6%.
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Biological Safety Testing Market Definition
Biological safety testing can be basically referred to as a bioanalytical test carried out by biotechnology and pharmaceutical companies or some other contract research company for the pharmaceutical manufacturing and packaging arena.
The biological safety testing may comprise numerous disciplines including toxicology, pharmacology, microbiology and many others. The biological safety test processes essentially pay attention to the protection of the material from the raw material step, to intermediate to finished products.
Biological Safety Testing Introduction
The biological safety testing market is forecasted to witness significant growth in the years to come owing to growing production of next generation biologics and surging prevalence of target ailments, which is considered two of the major factors responsible for the market growth.
In addition to that, the emerging economies are further expected to provide lucrative opportunities for the growth of the global biological safety testing market in the forthcoming years.
Furthermore, the surge in emphasis on enhanced treatment and care of patients all around the globe has paved its way to supervisory and administrative bodies with regards to implementing few vital standards and regulations for biological safety testing to ensure patient’s security, which has further driven the growth of the global biological safety testing market extensively.
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Biological Safety Testing Market Segmentation
The global biological safety testing market is segmented on the basis of product & services, application, test type, and region.
By Product & Services
- Vaccine Manufacturing
- Monoclonal Antibodies Manufacturing
- Cellular & Gene Therapy Products Manufacturing
- Blood and Blood Products Manufacturing
- Other Application
By Test Type
- Endotoxin Test
- Sterility Test
- Mycoplasma Tests
- Bioburden Tests
- Residual Host-cell Proteins & DNA Detection Tests
- Virus safety Test
- North America
- Latin America
- Asia Pacific
- Middle East
Biological Safety Testing Market Key Players
The key participating players of the global biological safety testing market include Charles River Laboratories, Inc., Lonza, Thermo Fisher Scientific, Inc., Merck KGaA, SGS SA, WuXi AppTec, and Eurofins Scientific, among others.
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