Quality control measures for drug development are of utmost importance as inadvertent presence of unknown pharmaceutical ingredients can further complicate health conditions of the patients.

Published On : 11/26/2021

Government authorities are closely watching over pharmaceutical companies and regulating their drug manufacturing processes by compelling them to undertake safety tests.

Large and complex molecules such as biologics, which are produced from genes of living organisms through advanced DNA technologies, are also being tested for their safety in biopharmaceutical production.

 Get Going With Sample Of Biologics Safety Testing Market Report! https://www.persistencemarketresearch.com/samples/18592

Company Profiles

• Charles River Laboratories International, Inc.
• Eurofins Scientific Se
• SGS S.A.
• Thermo Fisher Scientific Inc.
• Genscript
• Biomérieux Sa
• Pace Analytical Services Inc.
• Lonza Group Ltd.
• Toxikon Corporation
• Wuxi Apptec

Get a Customized Scope to Match Your Need Ask an Expert- sales@persistencemarketresearch.com

Biotechnological companies and pharmaceutical manufacturers continue to give high regards for biologics safety testing products and services. The efficacy of biologics safety testing ensures that tested medicine and drugs are not containing any extra ingredient, thereby preventing patients from experiencing adverse reactions upon intake.

A recently published report by Persistence Market Research projects that the global market for biologics safety testing will soar at a robust CAGR of 8.8% over the forecast period, 2017-2022. The report anticipates that approx. US$ 4.36 Bn worth of biologics safety testing products & services will be utilized globally by the end of 2022.

Regional prospects

According to the report, North America will remain at the forefront of global expansion of biologics safety testing market. Throughout the forecast period, North America is anticipated to remain the largest market for biologics safety testing products & services.

Key drug regulatory bodies such as the FDA are based in North America. Moreover, the overall healthcare infrastructure in the US and Canada is robust, and exhibits a high uptake for new and improved safety tests on biologics.

The biologics safety testing market in Europe is also expected to witness impressive growth. Global leaders in biopharmaceutical production are expanding their presence in European countries such as Germany and the UK. Moreover, the European region continues to showcase a scientifically- and technologically-advanced healthcare marketplace for biologics safety testing.

Keeping A Tab On Key Players In The Biologics Safety Testing Market? Go To “Purchase Now” To Decipher The Competitive Analysis In Our Biologics Safety Testing Market Report! https://www.persistencemarketresearch.com/checkout/18592  

Likewise, Japan’s biologics safety testing market is also anticipated to incur rapid growth at a CAGR of 9.3%. Meanwhile the Asia-Pacific excluding Japan (APEJ) region is anticipated to witness stellar growth, particularly with respect to manufacturing of biologics safety testing products.

Low wages and favorable industrial regulations are expected to bolster the manufacturing of biologics safety testing products in the APEJ region. Between 2017 and 2022, the APEJ biologics safety testing market is estimated to create over US$ 270 Mn in absolute dollar opportunity.

Read More Trending “PMR Exclusive Article”-

Next Generation Centrifuge Market–Next Generation Centrifuge Market Segmented By Refrigerated Centrifuge, Ambient Centrifuge Product Type in Hospitals, Academic and Research Organizations, Biopharmaceuticals Companies, Contract Research Organizations, Diagnostic Centers

Micromanipulators Market–Micromanipulators Market is segmented by Product Type such as Hydraulic Micromanipulators, Electric Micromanipulators, Manual Micromanipulators and its applications that are Cell Micromanipulation, Industrial Micromanipulation.

About Us: – Persistence Market Research

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Uma Rajagopal

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.