Canada Biological Safety Testing Products And Services Market Size & Outlook
Canada biological safety testing products and services market, 2018-2030 (US$M)
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Canada biological safety testing products and services market highlights
- The Canada biological safety testing products and services market generated a revenue of USD 247.9 million in 2023 and is expected to reach USD 545.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.9% 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 247.9 million |
| Market revenue in 2030 | USD 545.1 million |
| Growth rate | 11.9% (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, Canada accounted for 5.4% 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 North America, U.S. biological safety testing products and services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 545.1 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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Canada 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 39.94% in 2023. Horizon Databook has segmented the Canada 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.
In 2015, Public Health Agency of Canada released the 2 nd edition of Canadian Biosafety Standards and Guidelines, renamed as Canadian Biosafety Standard, which focuses on comprehensive risk-based biosafety management and issuing of standards & guidelines for containment of pathogens, toxins, and infectious material.
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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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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 country-level data and insights on the Canada biological safety testing products and services market , including forecasts for subscribers. This country databook contains high-level insights into Canada biological safety testing products and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada biological safety testing products and services market size, by product, 2018-2030 (US$M)
Canada Biological Safety Testing Products And Services Market Outlook Share, 2023 & 2030 (US$M)
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