Research and Markets: Global Safety Testing - Biological Market 2015: Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014 - 2020

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/w2fgtv/global_safety) has announced the addition of the "Global Safety Testing - Biological Market - By Regions and Vendors - Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014 - 2020" report to their offering.

The Global Safety Testing for Biologics Market was worth $1.76 billion in 2014 and is projected to reach $3.51 billion in 2020, at a compound annual growth rate of 12.23%.

Pharmaceutical / Bio technology industry is more concerned over safety of the product, be it in terms of efficacy of the drug, packaging of the product, delivering the product to the customer and others. In all these cases, it is very much important to ensure that the product is safe for the usage. As such, testing place a key role in ensuring the safety of the product.

Growth by Region:

North America leads the global Biological Safety packaging market with a share of 37.5% in 2014 followed by Europe with 31% of the market share during the same period. On the other hand, Kits and reagents has a market share of 43% while Instruments has a market share of 20%, based on product type. In emerging countries like India, the government is focusing on increasing the growth of biotechnology industry by investing $5 billion every year for the next 5 years starting from 2015.

Drivers vs. Constraints:

The growth in the end use industries (Pharmaceutical, Biotechnology) are driving this market. Added to this, factors like new innovations in the Biotechnology industry, new drug developments, increased focus on R&D are increasing the growth of safety testing market. Also, government regulations on the quality of the product are also driving the market.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. MARKET OVERVIEW

4. MARKET DYNAMICS

- Introduction

- Drivers

- - Increase in growth rates of Biotechnology and Pharmaceutical industry

- Restraints

- - In-house Quality testing

- Opportunities

- - Biotechnology industry

5. Safety testing - Biological Market Segmentation, Forecasts and Trends - by Revenue

- By Application

- - Blood related products

- - Cellular products

- - Tissue products

- - Vaccines

- - Others

- By Product

- - Kits and Reagents

- - Instruments

- - Services

- By Tests

- - Sterility tests

- - Cell Line Authentication tests

- - Adventitious Agent Detection tests

- - Endotoxin tests

- - Other tests

6. Global Vendor Market Share Analysis

7. Supplier Intelligence - Profiles

- SGS

- Lonza group

- Sigma Aldrich Corporation

- Merck

- Toxicon Corporation

- Intertek

- Nefab

- WuXi PharmaTech

8. Investment Analysis

For more information visit http://www.researchandmarkets.com/research/w2fgtv/global_safety

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Pharmaceuticals

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Pharmaceuticals