Mycoplasma Testing Market Expanding At A CAGR Of 14.9% From 2020 To 2027

 

San Francisco, 15 Oct 2020: The Report Mycoplasma Testing Market Size, Share & Trends Analysis By Product (Instruments, Kit & Reagents, Services), By Technology (PCR, ELISA, Direct Assay, Microbial Culture), By Application, By End Use, And Segment Forecasts, 2020 - 2027

The global mycoplasma testing market size is expected to reach a value of USD 1.87 billion by 2027, expanding at a CAGR of 14.9%, according to a new report by Grand View Research, Inc. The demand for mycoplasma testing products is anticipated to rise in near future with growing R&D investments in the field of life sciences. Huge opportunities in the life sciences segment are spurring the market growth. Rising investment in biotechnology and pharmaceutical industries with rise in healthcare spending is expected to further fuel the growth.

Government initiatives in the form of awareness campaigns for chronic diseases, such as cancer are also encouraging research-based activities. The National Research Council’s Industrial Research and Assistance Program (NRC-IRAP) provides technological support to small and medium scale life science companies in Canada involved in product development and innovation. According to Saudi Arabia’s 2030 Vision, its government is promoting growth of pharmaceutical industries due to the fact that only 30% of its medication requirements are produced locally. Such factors are expected to drive the market growth.

Mycoplasma contamination of cell culture is a growing concern for most of the researchers for decades. Mycoplasma infection arises majorly from laboratory workers as human mycoplasma contamination occurs at a faster rate. In order to combat further contamination, mycoplasma tests are conducted, which is expected to increase the demand for the related products and hence, the market growth.

Access Research Report of Mycoplasma Testing Market @ https://www.grandviewresearch.com/industry-analysis/mycoplasma-testing-market

Mycoplasma Testing Market Report Highlights

  • In 2019, kits and reagents dominated the market and is also expected to showcase the highest CAGR over the forecast period, owing to its increasing usage in mycoplasma tests
  • The Polymerase Chain Reaction (PCR) segment held the largest market share in 2019 owing to the delivery of fast and accurate results associated with this technology
  • Cell line testing is anticipated to exhibit the highest CAGR over the forecast period due to the increasing risk of cell line contamination
  • In 2019, pharmaceutical and biotechnology companies accounted for the largest mycoplasma testing market share due to rising research activities in drug discovery and development
  • North America dominated the market in 2019 owing to rising healthcare spending levels and government funding for life science-related research
  • Asia Pacific is expected to expand at an exponential CAGR during the forecast period, attributed to increase in healthcare spending along with rise in demand for better infrastructure in laboratory and clinical research
  • Some of the key market players are Merck KGaA; Thermo Fisher Scientific; Lonza Group Ltd.; Charles River Laboratories International, Inc.; PromoCell GmbH; and Bionique Testing Laboratories, Inc.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/clinical-diagnostics

Grand View Research has segmented the global mycoplasma testing market on the basis of product, technology, application, end use, and region:

Mycoplasma Testing Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Instruments
  • Kits & Reagents
    • PCR Assays
    • Nucleic Acid Detection Kits
    • Stains
    • Elimination Kits
    • Standards & Controls
    • Others
  • Services

Mycoplasma Testing Technology Outlook (Revenue, USD Million, 2016 - 2027)

  • PCR
  • ELISA
  • Direct Assay
  • Indirect Assay
  • Microbial Culture Techniques
  • Enzymatic Methods

Mycoplasma Testing Application Outlook (Revenue, USD Million, 2016 - 2027)

  • Cell Line Testing
  • Virus Testing
  • End of Production Cells Testing
  • Others

Mycoplasma Testing End-use Outlook (Revenue, USD Million, 2016 - 2027)

  • Academic Research Institutes
  • Cell Banks
  • Contract Research Organizations
  • Pharmaceutical & Biotechnology Companies
  • Others

Mycoplasma Testing Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

 Access Press Release of Mycoplasma Testing Market @ https://www.grandviewresearch.com/press-release/global-mycoplasma-testing-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

Asia Pacific PoC Diagnostics Market Growth Opportunities, Industry Analysis And Forecast: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Asia Pacific PoC Diagnostics Market  Analysis And Segment Forecasts To 2020 The Asia Pacific point of care (PoC) diagnostics market is expected to reach USD 5,427.1 million by 2020, according to a new study by Grand View Research, Inc. Growing base of geriatric population and the ability to render immediate results and improve patient care coupled with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) are expected to drive demand over the next six years. Skilled staff shortages, especially pertaining to the field of diagnostics are also expected to accelerate the market penetration rates of PoC products, by expediting lab automation processes. Rising demand for home healthcare and other healthcare establishments catering to the elderly population and initiatives undertaken by governments to shorten hospital stays by establishing out-patient care models are also expect
Read more

Food Additives Market Size & Share Hit USD 55.53 Billion By 2022 : Grand View Research Inc.

Image
San Francisco, 17 October 2019:   The Report   Global Food Additives Market   Analysis By Product Flavors & Enhancers (Natural, Artificial), Sweeteners (High Intensity, HFCS), Enzymes, Emulsifiers (Mono, Di-Glycerides, Lecithin, Stearoyl Lactylates, Sorbitan Esters), Shelf-life Stabilizers, Fat Replacers (Protein, Starch)] And Segment Forecast To 2022 Global food additives market is expected to reach USD 55.53 billion by 2022, according to a new study by Grand View Research, Inc. Food & beverage industry growth in BRICS and Middle East on account of rising domestic consumption and increasing foreign direct investments is expected to augment market growth. Asia Pacific is expected to be one of the most promising markets on account of growing domestic consumption in China and India owing to population growth and new product launches by food & beverage manufacturers. Availability of raw materials such as sorbitol and lactic acid in China, Indonesia, and Malaysia in light o
Read more

Integration Platform as a Service Market Valuation Is Expected To Exceed USD 2.70 Billion By 2025: Grand View Research Inc.

Image
San Francisco, 18 March 2020 :  The Report   Integration Platform as a Service (IPaaS) Market  Analysis By Integration Type (API, Process, Application, Data), By Services, By Deployment (Cloud, On-Premise, Hybrid) By Region, And Segment Forecasts, 2018 – 2025 The global integration platform as a service (IPaaS) market is expected to reach USD 2.705.8 million by 2025, according to a new report by Grand View Research, Inc. Rising need of advanced systems to improve the process of deploying, developing, and managing enterprise applications globally has been a major factor driving market growth. In addition, recent developments in big data, cloud computing, and Internet of Things (IoT) within organizations’ processes also paved the way for greater development of IPaaS solutions. Integration Platform as a Service is an emerging technology where in the applications, process, data, and application programs are integrated. The integration enables enterprises to reduce the complexity
Read more