UK Biological Safety Testing Products And Services Market Size & Outlook
UK biological safety testing products and services market, 2018-2030 (US$M)
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UK biological safety testing products and services market highlights
- The UK biological safety testing products and services market generated a revenue of USD 215.5 million in 2023 and is expected to reach USD 479.5 million by 2030.
- The UK 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 215.5 million |
| Market revenue in 2030 | USD 479.5 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, UK accounted for 4.7% 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 Europe, Germany biological safety testing products and services market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 479.5 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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UK 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 39.81% in 2023. Horizon Databook has segmented the UK 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.
UK is expected to grow at a lucrative CAGR during the forecast period owing to highly reliable and quality services and products offered in this region. In addition, the presence of United Kingdom Accreditation Service(UKAS)-accredited microbiology testing laboratories employing high-end pathogen detection systems is impelling the market growth in this region.
Furthermore, organizations such as Health and Safety Executive in collaboration with the Advisory Committee on Dangerous Pathogens promote awareness of hazardous pathogens and provide guidance on risk assessment, air handling, protective equipment procedures, and preventive measures for infection control.
Extensive research activities to enable continual technological refinement in the development of pathogen testing tools are also anticipated to boost the growth of the biosafety tools market over the coming years. Furthermore, rising number of EU biologics product approvals in the region are anticipated to drive the market demand for these testing tools during the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK biological safety testing products and services market , including forecasts for subscribers. This country databook contains high-level insights into UK biological safety testing products and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK biological safety testing products and services market size, by product, 2018-2030 (US$M)
UK Biological Safety Testing Products And Services Market Outlook Share, 2023 & 2030 (US$M)
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