Global Biological Safety Testing Products And Services Market Size & Outlook
Global biological safety testing products and services market, 2018-2030 (US$M)
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Global biological safety testing products and services market highlights
- The global biological safety testing products and services market generated a revenue of USD 4,573.9 million in 2023 and is expected to reach USD 9,307.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.7% by 2030.
- In terms of segment, reagents & kits accounted for a revenue of USD 1,828.1 million in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,573.9 million |
| Market revenue in 2030 | USD 9,307.1 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & kits, Services, Instruments |
Other key industry trends
- In terms of revenue, the North America accounted for 35.1% of the global biological safety testing products and services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,637.8 million by 2030.
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Biological Safety Testing Products And Services Market Scope
Biological Safety Testing Products And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biological safety testing products and services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biological safety testing products and services market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 39.97% in 2023. Horizon Databook has segmented the Global biological safety testing products and services market based on reagents & kits, services, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biological Safety Testing Products And Services Product Outlook (Revenue, USD Million, 2018-2030)
- Reagents & kits
- Services
- Instruments
- Global Biological Safety Testing Products And Services Application Outlook (Revenue, USD Million, 2018-2030)
- Stem cell
- Tissue & tissue based products
- Gene therapy
- Blood & blood-based products
- Vaccines & therapeutics
- Vaccines
- Monoclonal antibodies
- Recombinant protein
- Global Biological Safety Testing Products And Services Test Outlook (Revenue, USD Million, 2018-2030)
- Sterility tests
- Cell line authentication and characterization tests
- Bioburden tests
- Endotoxin tests
- Adventitious agent detection tests
- Residual host contamination detection tests
- Others
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Target buyers of Global biological safety testing products and services market databook
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Our clientele includes a mix of biological safety testing products and services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biological safety testing products and services market , including forecasts for subscribers. This global databook contains high-level insights into Global biological safety testing products and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biological safety testing products and services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biological safety testing products and services market size, 2023 (US$M)
Global biological safety testing products and services market share, by product, 2023 & 2030 (%, US$M)
Biological safety testing products and services market: Opportunity assessment by country
Global biological safety testing products and services market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,092.2 | 1,198.4 | 1,231.2 | 1,315.3 | 1,454.2 | 1,607.0 | 1,774.8 | 1,959.0 | 2,161.1 | 2,382.8 | 2,625.7 | 2,891.7 | 3,182.9 | 10.3% |
| Europe | 1,040.5 | 1,144.1 | 1,178.0 | 1,261.1 | 1,397.4 | 1,547.6 | 1,712.9 | 1,894.9 | 2,095.0 | 2,315.1 | 2,556.8 | 2,822.2 | 3,113.5 | 10.5% |
| Asia Pacific | 609.9 | 677.3 | 704.3 | 761.5 | 852.1 | 952.8 | 1,064.9 | 1,189.4 | 1,327.6 | 1,481.0 | 1,651.1 | 1,839.6 | 2,048.4 | 11.6% |
| Latin America | 211.3 | 233.0 | 240.5 | 258.2 | 286.8 | 318.5 | 353.4 | 392.0 | 434.6 | 481.5 | 533.2 | 590.1 | 652.8 | 10.8% |
| MEA | 96.8 | 107.1 | 110.8 | 119.3 | 133.0 | 148.1 | 164.8 | 183.3 | 203.8 | 226.5 | 251.5 | 279.1 | 309.6 | 11.1% |
| Overall | 3,050.7 | 3,359.8 | 3,464.8 | 3,715.4 | 4,123.5 | 4,573.9 | 5,070.8 | 5,618.6 | 6,222.1 | 6,886.8 | 7,618.2 | 8,422.7 | 9,307.1 | 10.7% |
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