Global Biological Safety Testing Market

Biological Safety Testing Market Size, Share, Growth Analysis, By Application(Pharmaceutical & Biologics, Cellular & Gene Therapy, Blood & Blood Based Therapy, Other Applications), By Test(Sterility Tests, Bioburden Tests, Endotoxin Tests, Other Tests), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35J2092 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 65 | Figures: 75

Biological Safety Testing Market Insights

Biological Safety Testing Market size was valued at USD 3.73 billion in 2021 and is poised to grow from USD 4.19 billion in 2023 to USD 10.77 billion by 2031, at a CAGR of 12.5% during the forecast period (2024-2031).

The global biological safety testing market is experiencing significant growth due to various factors such as increasing research and development activities in the pharmaceutical and biotechnology sectors, rising prevalence of infectious diseases, and growing awareness about the importance of quality control in the healthcare industry.

Biological safety testing involves the evaluation of biological products, such as vaccines, blood products, and cell-based therapies, to ensure their safety and efficacy before they are released for commercial use. The market is driven by the stringent regulatory requirements for the approval of biological products, which necessitate comprehensive safety testing to minimize the risk of adverse events.

Additionally, the increasing demand for advanced testing methods, such as nucleic acid amplification and sequencing techniques, is contributing to the market growth. These methods offer enhanced sensitivity and specificity in detecting potential contaminants in biological products, thereby improving patient safety.

Moreover, the growing adoption of in vitro testing methods, such as cell-based assays and immunoassays, is further propelling market expansion. These methods provide quicker results, reduce the need for animal testing, and offer cost-efficiency, driving their preference among researchers and manufacturers.

US Biological Safety Testing Market is poised to grow at a sustainable CAGR for the next forecast year.

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Biological Safety Testing Market size was valued at USD 3.73 billion in 2021 and is poised to grow from USD 4.19 billion in 2023 to USD 10.77 billion by 2031, at a CAGR of 12.5% during the forecast period (2024-2031).

These participants are engaging in strategic collaborations with various information technology companies to strengthen their market presence by offering customers improved information management solutions. 'Charles River Laboratories International, Inc. (United States)', 'Lonza Group Ltd. (Switzerland)', 'Merck KGaA (Germany)', 'SGS SA (Switzerland)', 'Eurofins Scientific SE (Luxembourg)', 'Thermo Fisher Scientific Inc. (United States)', 'WuXi AppTec Co., Ltd. (China)', 'bioMérieux SA (France)', 'Nelson Laboratories, LLC (United States)', 'Avance Biosciences (United States)', 'Toxikon Corporation (United States)', 'Pace Analytical Services, LLC (United States)', 'Microbac Laboratories, Inc. (United States)', 'Source BioScience plc (United Kingdom)', 'Creative Bioarray (United States)', 'TÜV SÜD AG (Germany)', 'Pacific BioLabs (United States)', 'Harlan Laboratories Ltd. (United Kingdom)', 'Eurofins BioPharma Product Testing (Belgium)', 'ProPharma Group (United States)'

In vitro testing methods, such as cell-based assays and immunoassays, are gaining popularity due to their advantages over traditional animal-based testing. These methods provide quicker results, reduce the need for animal testing, and offer cost-efficiency, thereby driving their adoption and fueling market growth.

Patient safety has emerged as a critical concern in the healthcare industry, leading to a heightened emphasis on rigorous biological safety testing. The occurrence of adverse events due to contaminated or substandard biological products can have severe consequences for patients. As a result, healthcare providers, regulatory authorities, and manufacturers are prioritizing quality control measures to ensure the safety and well-being of patients. This focus on patient safety drives the demand for comprehensive biological safety testing and promotes market growth.

North America dominates the biological safety testing market, accounting for over of the total revenue. The region's dominance can be attributed to several factors, including a well-established healthcare infrastructure, favorable government initiatives, and a large number of pharmaceutical and biotechnology companies. The United States, in particular, plays a pivotal role in driving market growth, owing to substantial investments in research and development activities. The stringent regulatory framework, enforced by agencies such as the Food and Drug Administration (FDA), further emphasizes the need for comprehensive safety testing, boosting market demand.

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Global Biological Safety Testing Market

Report ID: SQMIG35J2092

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