Global Biologics Safety Testing Market Size Study, By Product (Instruments, Services, Kits & Reagents), By Test (Endotoxin, Sterility Test, Cell Line Authentication, Bioburden, Others), By Application (Vaccine & Therapeutics Development, Blood Products Testing, Stem Cell Research, Cellular & Gene Therapy, Tissue Related Products Testing), and Regional Forecasts, 2017-2025 (USD Billion/Million)
Global Biologics Safety Testing industry valued approximately USD 2.41 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.38% over the forecast period 2017-2025. The factors speculated to propel the market are the surge in number launches of new drugs, and the development in biotechnology & pharmaceutical industry owing to the government encouragement in these industries.
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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Kits & Reagents
Cell Line Authentication
Vaccine & Therapeutics Development
Blood Products Testing
Stem Cell Research
Cellular & Gene Therapy
Tissue Related Product Testing
North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
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Some of the key manufacturers involved in the market are Merck KGaA, Lonza Group Ltd., WuXi Apptec, Charles River Laboratories, Sartorius AG, SGS SA, Thermo Fisher Scientific Inc., and Pace Analytical Services Inc. The companies are increasing expenditure on their research and development programs to dominate the market.
Acquisitions and effective mergers are one of the expansion strategies taken by the key manufacturers.
Target Audience of the Biologics Safety Testing Market Study
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Some Point from Table of Content:
Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.3. Market Estimation
1.2. Research Assumption
Chapter 2. Global Biologics Safety Testing Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
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