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Global Biological Safety Testing Market to Grow at a CAGR of 11.12% During 2017-2021 - Merck, Lonza, SGS, Thermo Fisher Scientific


Albany, NY -- (SBWIRE) -- 09/26/2017 -- Biological safety ensures the biological integrity of products that are meant for consumption. Biological safety testing examines facilities and tests them for various types of contaminations. Several instruments, reagents, and kits are used for biological safety testing. Due to the increasing number of product recalls, which have caused significant losses for pharmaceutical companies, the focus on biological safety testing is increasing. Pharmaceutical and biotechnology companies are making significant investments in research and development (R&D) to develop safe products.

The global biological safety testing market to grow at a CAGR of 11.12% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global biological safety testing market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas

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Technavio's report, Global Biological Safety Testing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Merck
- Lonza
- Thermo Fisher Scientific

Other prominent vendors
- Air Science
- Avance Biosciences
- BSL Bioservice
- Charles River Laboratories
- Esco Micro
- Nordic Scientific & Natural Solutions
- NuAire
- WuXi Biologics

Market driver
- Growing biotechnology and pharmaceutical industries
- For a full, detailed list, view our report

Market challenge
- Lack of trained professionals
- For a full, detailed list, view our report

Market trend
- International conferences promoting best practices of biosafety
- For a full, detailed list, view our report


Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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