Global Biological Safety Testing Products & Services Market

By Author: Rupali Dagade
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Global Biological Safety Testing Products & Services Market size was valued at US$ 3.20 Bn. in 2019 and the total revenue is expected to grow at 12.3% through 2021 to 2027, reaching nearly US$ 8.09 Bn.

Global Biological Safety Testing Products & Services Market Overview:

Biological safety testing is a process to ensure the products and services are free from contamination and to decontaminate biological medicines, laboratories, and healthcare institutions. Biological safety and product testing is the pillar of strength for the growth of biopharmaceutical and vaccines, biological safety testing products, and innovative organic pharmaceutical development.

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The report has covered the market trends from 2015 to forecast the market through 2026. 2019 is considered a base year however 2020's numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies ...
... have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Global Biological Safety Testing Products & Services Market Dynamics:

The market is greatly driven by the rising production of new-generation biologics by pharmaceutical manufactures and biotechnology companies. The rising prevalence of chronic disease and advancement in the production of biologics is likely to boost the growth of the market in the forecast period.

The rising need for biologics has motivated extraordinary growth in biopharmaceutical companies. Increasing market skills to enhance advancement in therapeutics drug on large scale manufacturing to increase cost-effective productivity is likely to boost the growth of the market. Further, market players are adopting Good Manufacturing Practices (GMP) to create a high throughput, thereby aiding the growth of the market.

In addition, rising government initiatives to endorse biological safety and testing of products and service is likely to adhere to the growth of the market. Further, the high rate of contamination and bioburden in the production of biologics by pharmaceutical industries are anticipated to drive government pharmaceutical institutes and private organizations to increase the safety standards. Besides, the presence of regulatory agencies to fuel the safety and efficacy standards is likely to boost the market growth and further create demand for the adoption of biological safety testing for products and services.
Also, the launching of new products by the market players is likely to propel the growth of the market in the forecast period.

For instance, in 2021, Charles River Laboratories, Inc. (US) launched a new detection tool named EndoScan-V, validated endotoxin detection and measurement software used to produce and report numerical test data. The software performed the obligatory measurements and calculations and generated test reports with the convenience of digital signature report approval.

Further, Charles River Laboratories Inc. partnered with JADE Biomedical for the expansion of Good Manufacturing Practices product testing operation in shanghai to boost footprints around the world.

Global Biological Safety Testing Products & Services Market Segment Analysis:

The Reagent and kits are anticipated to adhere to the growth of the Biological Safety Testing Products & Services Market.

The reagent and kits segment accounted for the largest market share in the biological safety testing product and services market. The growth of the market is ascribed to increasing research and clinical laboratories. These reagents come with antibodies, biological buffer, freezing and dissociation reagents, and miscellaneous reagents. Further, increasing rapid advancement and modification of therapeutics and formulation of reagents and kits particularly in toxicology testing is likely to increase market growth in the forecast period.

The instrument segment is estimated to grow at a significant rate of xx% during the forecast period. Further rising demand for biological safety testing laboratories, increasing regulatory guidelines, standard procedures to be followed by the pharmaceutical industries are likely to boost the growth of the market in the forecast period.

The Vaccine and therapeutics segment are supplementing the growth of the Biological Safety Testing Products & Services Market.

The vaccine and therapeutics segment held the largest market share of xx% in 2019. The growth of the market is attributed to stringent rules and regulations imposed by the government regarding safety and efficacy standards to develop unaltered vaccines and therapeutics, with low or no toxicity. These factors are likely to increase the acceptance of biological safety testing products and services.

Further, guidelines imposed by the governments in terms of material characterization and qualification to use in the production facility of vaccines developed for infectious disease and chronic disease are likely to amplify the growth of the market in the forecast period. The increasing proliferation of disease and COVID-19 pandemic is likely to gain larger market attention. Moreover, the rising need for vaccines to support disease prevention and the adoption of biological safety tools is likely to gain significant market attention in the forecast period.

The Endotoxin segment is Trending in the test type Segment of Biological Safety Testing Products & Services Market.

The endotoxin test segment is projected to dominate the market growth during the forecast period. The factors attributing to the growth of the market are rising test applications in various sectors like manufacturing and production facility of novel drugs to reduce the hazard caused by endotoxins. Moreover, the availability of various tests for endotoxins like gel clot endotoxins test, turbidimetric method, and USP chromogenic endotoxins testing is likely to boost market growth shortly.

The Bioburden test segment is likely to mark significant market growth in the forecast period owing to the high adoption of tests and a wide range of medical devices and biologics. Further, an amalgamation of two methods such as computation and calorimetric method to obtain rapid results and accuracy in quantification is likely to boost the market growth in the forecast period.

Global Biological Safety Testing Products & Services Market Regional Insights:

North America is leading in the Biological Safety Testing Products & Services market with 35% of market share in 2020 due to the presence of the major market player like Maravai Lifesciences (US), Associates of Cape Cod, Inc. (the US), Nelson Laboratories, LLC (US), Bio-Rad Laboratories, Inc. (the US). Moreover, the market players are greatly focusing on the manufacturing and development of new biologics, vaccines, and drugs. Further, increasing advancement in cancer research and rapids investment in research and development is likely to motivate the growth of the market in the forecast period.

In addition, collaboration in private research organizations and the market players together with innovative projects in the development of disposable biopharmaceutical probes like kits and reagents are probable to lift the market growth. Moreover, innovative technologies and instruments in the region to reduce the operational activity are further initiating the market growth in favorable conditions.

The objective of the report is to present a comprehensive analysis of the Global Biological Safety Testing Products & Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Biological Safety Testing Products & Services Market dynamics, structure by analyzing the market segments and project the Global Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global Biological Safety Testing Products & Services Market make the report investor’s guide.

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Global Biological Safety Testing Products & Services Market Scope: Inquire before buying

Global Biological Safety Testing Products & Services Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• The Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America

Global Biological Safety Testing Products & Services Market Key Players

• Sartorius AG
• Charles River Laboratories International, Inc.
• BSL Bioservice Scientific Laboratories GmbH
• Lonza Group AG
• Milliporesigma
• Sartorius Stedim BioOutsource Limited
• Samsung BioLogics
• Thermo Fisher Scientific
• Merck KGaA
• SGS SA
• WuXi AppTec
• Eurofins Scientific

FAQs:

1. What is the global Biological Safety Testing Products & Services market share in 2019?

Ans: The global Biological Safety Testing Products & Services market was valued at 3.20 Billion USD in 2019.

2. What is the global Biological Safety Testing Products & Services market growth?

Ans: The global Biological Safety Testing Products & Services market is anticipated to grow with a CAGR of 12.3% in the forecast period and is likely to reach USD 8.9 Billion by the end of 2027.

3. Which Product is expected to dominate the global Biological Safety Testing Products & Services market during the forecast period?

Ans: The Reagents and kits accounted for the largest market share in 2020, and are a major component in biological safety testing and hence are extensively used in research and clinical laboratories.

4. Which region is expected to dominate the global Biological Safety Testing Products & Services market during the forecast period?

Ans: North America dominated the biological safety testing products & services market with a share of 38.68% in 2019. This is attributable to the presence of prominent market players undertaking extensive expansion strategies.

5. Who are the key players in the global Biological Safety Testing Products & Services market?

Ans: Some key players operating in the biological safety testing products & services market include Charles River Laboratories International, Inc.; BSL Bioservice Scientific Laboratories GmbH; Lonza Group AG; Milliporesigma; Sartorius Stedim BioOutsource Limited; and Samsung BioLogics..

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