Germany Mycoplasma Testing Market Size & Outlook
Germany mycoplasma testing market, 2018-2030 (US$M)
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Germany mycoplasma testing market highlights
- The Germany mycoplasma testing market generated a revenue of USD 59.6 million in 2023 and is expected to reach USD 138.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, kits & reagents was the largest revenue generating product in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Mycoplasma testing market data book summary
| Market revenue in 2023 | USD 59.6 million |
| Market revenue in 2030 | USD 138.4 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Kits & Reagents, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Lonza Group Ltd, Merck KGaA, Charles River Laboratories International Inc, Asahi Kasei Corp, Sartorius AG, Eurofins Scientific SE, PromoCell GmbH, ATCC, InvivoGen |
Other key industry trends
- In terms of revenue, Germany accounted for 6.3% of the global mycoplasma testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK mycoplasma testing 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 142.1 million by 2030.
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Mycoplasma Testing Market Scope
Mycoplasma Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany mycoplasma testing 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 mycoplasma testing market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 57.72% in 2023. Horizon Databook has segmented the Germany mycoplasma testing market based on instruments, kits & reagents, services covering the revenue growth of each sub-segment from 2018 to 2030.
Germany mycoplasma testing market is boosted by an established biopharmaceutical industry, increasing R&D activities by biopharmaceutical companies, and a high prevalence of chronic diseases, such as cancer & diabetes. Extensive R&D activities by regional players and research institutions for developing novel vaccines & therapeutics are anticipated to create significant demand for mycoplasma testing products & services.
Moreover, the presence of key players, such as Merck KGaA, PromoCell GmbH, and Sartorius AG, and their ongoing strategic initiatives are anticipated to support market growth in the country. For instance, in April 2024, Merck announced it would invest over USD 300 million in setting up a research center in Darmstadt.
The facility is expected to support various research programs focusing on mRNA applications and antibodies. With these new opportunities, the demand for mycoplasma testing is likely to increase in the coming years.
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Our clientele includes a mix of mycoplasma testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany mycoplasma testing market , including forecasts for subscribers. This country databook contains high-level insights into Germany mycoplasma testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany mycoplasma testing market size, by product, 2018-2030 (US$M)
Germany Mycoplasma Testing Market Outlook Share, 2023 & 2030 (US$M)
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