Australia Biological Safety Testing Products And Services Market Size & Outlook
Australia biological safety testing products and services market, 2018-2030 (US$M)
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Australia biological safety testing products and services market highlights
- The Australia biological safety testing products and services market generated a revenue of USD 110.2 million in 2023 and is expected to reach USD 245.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, reagents & kits was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Biological safety testing products and services market data book summary
| Market revenue in 2023 | USD 110.2 million |
| Market revenue in 2030 | USD 245.8 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & kits, Services, Instruments |
| Key market players worldwide | Charles River Laboratories International Inc, BSL-BIOSERVICE Scientific Laboratories GmbH, Merck KGaA, Samsung BioLogics, Sartorius AG, Eurofins Scientific SE, SGS AG, Thermo Fisher Scientific Inc, BioMerieux SA, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global biological safety testing products and services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan biological safety testing products and services market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 253.0 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 |
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Australia 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 40.2% in 2023. Horizon Databook has segmented the Australia 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.
- Australia Biological Safety Testing Products And Services Product Outlook (Revenue, USD Million, 2018-2030)
- Reagents & kits
- Services
- Instruments
- Australia 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
- Australia 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 Australia 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia biological safety testing products and services market , including forecasts for subscribers. This country databook contains high-level insights into Australia biological safety testing products and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia biological safety testing products and services market size, by product, 2018-2030 (US$M)
Australia Biological Safety Testing Products And Services Market Outlook Share, 2023 & 2030 (US$M)
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