Biologics Safety Testing Market worth .8 billion by 2027 | Current Trends and Industry AnalysisPosted by Priya on December 11th, 2023 Biologics Safety Testing Market is projected to reach USD 6.8 billion by 2027 from USD 3.6 billion in 2022, at a CAGR of 13.3% during the forecast period according to a new report by MarketsandMarkets™. The growth of the global biologics safety testing market is driven by factors such as companies investing heavily in the development of biologics and biosimilars, strict regulatory concerns over growing cell culture contamination, and increased demand for various drugs, cell therapies, diagnostics, and active biological products. Biologics safety testing services are used to detect and monitor potential adverse events associated with biologics, as well as to monitor the safety of biologics during the manufacturing process. The increasing number of clinical trials and the rising prevalence of chronic diseases are the major factors driving the growth of the biologics safety testing market. The increasing number of clinical trials, particularly in the United States, is expected to increase the demand for biologics safety testing services. Get a sample of the report: https://www.prnewswire.com/news-releases/biologics-safety-testing-market-worth-6-8-billion-by-2027---exclusive-report-by-marketsandmarkets-301730210.html Top Lading Players: Charles River Laboratories, Inc. (US), Lonza (Switzerland), Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), SGS SA (Switzerland), WuXi AppTec (China), Labcorp (US) and Eurofins Scientific (Luxembourg) Some Key Highlights from the Report:
Segments covered in the report: Biologics Safety Testing Market, by Product & Services
Biologics Safety Testing Market, by Application
Biologics Safety Testing Market, by Test Type
Ask for Customize Research Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=34624144 Regional Outlook:
Key Questions Addressed in the Report:
About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Like it? Share it!More by this author |