Global Biological Safety Testing Products And Services Market Size & Outlook
The biological safety testing products and services industry worldwide is expected to reach a projected revenue of US$ 9,307.1 million by 2030. A compound annual growth rate of 10.7% is expected of the worldwide biological safety testing products and services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,573.9
Forecast, 2030 (US$M)
$9,307.1
CAGR, 2024 - 2030
10.7%
Report Coverage
Worldwide
Global biological safety testing products and services market, 2018-2030 (US$M)
Related Markets
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 segmentation & scope
Stem cell
Tissue & tissue based products
Gene therapy
Blood & blood-based products
Vaccines
Monoclonal antibodies
Recombinant protein
Sterility tests
Cell line authentication and characterization tests
Bioburden tests
Endotoxin tests
Adventitious agent detection tests
Residual host contamination detection tests
Others
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.
Partial client list
Global biological safety testing products and services market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Biological safety testing products and services market size, 2023 (USD Million)
Top 10 countries: Biological safety testing products and services market size, 2023 (USD Million)
Global biological safety testing products and services market, by region, 2023 (US$M)
Related regional statistics
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