Infinium Global Research Biologics Safety Testing Market | Page 2

Biologics Safety Testing Market: Trends and Forecast -2023
The Infinium Global Research analyzes the report of Biologics Safety Testing
Market over the period of 2017 to 2023. This report also provides detailed
qualitative and quantitative analyses of the market dynamics, market size and
future trends in Global Biologics Safety Testing Market. It will help a lot of decision
makers to develop strategies and find new opportunities in the Global markets of
Biologics Safety Testing.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the
Biologics Safety Testing Market during the said period. The report also provides
market attractiveness analysis, by geography, and market share analysis, by key
players respectively. Some of the prominent participants in the Global Biologics
Safety Testing Market are Avance Biosciences Inc., Thermo Fisher Scientific Inc.,
Merck KGaA, Lonza Group Ltd., Pace Analytical Services Inc., Eurofins Scientific Se,
Wuxi Apptec, Sartorius AG, Cytovance Biologics, Inc. According to report the global
biologics safety testing market is expected to grow at a CAGR between 12.0% and
12.5 % over the forecast period of 2017 - 2023. The global market size was USD
2.19 billion in 2015.
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The report identified that global biologics safety testing is driven by factors such as
number of drug launches are increased, technological advancements, increase in
biotechnology and pharmaceutical industries driven by government support and
regulations. While the restraining factors include high cost of biologics safety
testing. Further, the report identifies the opportunities in the world market as
emerging markets offer profitable growth opportunities, increasing pharmaceutical
outsourcing.
Segments Covered
The report on global biologics safety testing market covers the segments based on
instruments and services, test type, and application. The instruments and services
of biologics safety testing include instruments, kits & reagents and services. The
test type segment includes bioburden tests, endotoxin tests, adventitious agent
detection tests, cell line authentication and characterization tests, residual host
contaminant detection tests, adventitious agent detection tests and other test. On
the basis of application the global biologics safety testing market is segmented as
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