20.01.2021 Views

Mycoplasma Testing Market

The global mycoplasma testing market was valued at USD 446.9 million in 2016 and is anticipated to witness a lucrative growth over the forecast period. Rising number of pharmaceutical and biopharmaceutical companies, increasing R&D investment, and growing number of drug launches are major attributes that are fuelling the market.

The global mycoplasma testing market was valued at USD 446.9 million in 2016 and is anticipated to witness a lucrative growth over the forecast period. Rising number of pharmaceutical and biopharmaceutical companies, increasing R&D investment, and growing number of drug launches are major attributes that are fuelling the market.

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Mycoplasma Testing Market to experience increase

in growth by 2025

“Rising investment in R&D by dominant players has further resulted in growth of the

market. In the year 2016, North America spent 28.4% of its GDP on research and

development according to Global R&D Funding Forecast.”

Industry insights

The global mycoplasma testing market was valued at USD 446.9 million in 2016 and is anticipated to witness a lucrative

growth over the forecast period. Rising number of pharmaceutical and biopharmaceutical companies, increasing R&D

investment, and growing number of drug launches are major attributes that are fuelling the market.

Increase in the number of biopharmaceutical and pharmaceutical companies has been seen in the past years. This

growth has been attributed by the need for advanced drugs and therapies for the treatment of chronic diseases like

cancer, diabetes, cardiovascular diseases and osteoporosis among others. The research work is supported by the

government by funding the pharmaceutical and biotechnology companies in order to facilitate research based activities

for the development of new drugs. This may foster the growth of mycoplasma testing market.

Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/mycoplasmatesting-market/request-sample

Rising investment in R&D by dominant players has further resulted in growth of the market. In the year 2016, North

America spent 28.4% of its GDP on research and development according to Global R&D Funding Forecast. This signifies

significant rise in the spending by various companies for the invention of new and enhanced testing devices and kits.

With the growing expenditure by the government in the healthcare industry and awareness campaigns have led to the

growth of the mycoplasma testing market. Mycoplasma testing is conducted so as to ensure the product is

contamination free during each stage of manufacturing process.

Mycoplasma contamination is a major cause of concern in research and development activities. Infections caused by M.

orale or M. fermentans are strains that frequently are seen in humans are a key source of contamination in laboratory

settings. These contaminations in cell cultures cause morphological changes, altered cell metabolism and chromosomal

aberrations causing contamination in the entire cell line. Contamination may also result in serious complications such as

pneumonia, genital infections and other respiratory disorders is also seen. Thus, to prevent such contaminations,

mycoplasma testing is vital.


Product Insights

Based on the products, the market is segmented into kits, reagents, instruments, and services. Kits & reagents segment

holds the largest market share owing to its repetitive purchase. Kits & reagents segment has been studied after further

sub-segmentation into- nucleic acid detection kits, elimination kits, PCR assays, stains, and standards & controls.

Instruments segment is projected to show a lucrative growth in the forecast period owing to introduction of advanced

automated machines for detection of mycoplasma contamination. The results obtained are fast and highly efficient.

Technology Insights

On the basis of technology, PCR segment held the largest share in 2016. PCR helps to detect the mycoplasma using its

double stranded DNA. The DNA of the mycoplasma are amplified, and then a dye is used which attaches to the DNA and

emits light. This shows the presence of mycoplasma.

Microbial culture is expected to show lucrative growth over the forecast period. The increasing number of research

activities in academics, research laboratories, pharmaceutical and biopharmaceutical companies is supporting the

growth.

Access This Full Report @ https://www.millioninsights.com/industry-reports/mycoplasma-testing-market

Application Insights

On the basis of application, cell line testing held the largest share in 2016. Cell line testing is generally conducted in the

laboratory and is the major source of mycoplasma contamination. This segment is expected to show growth over the

forecast period due to increasing application of mycoplasma testing to avoid contamination in the cell culture.

End of production cells is projected to show lucrative growth over the forecast period due to the increase in clinical trials

for drug discovery and development. The quality control taken in the drug discovery is majorly contributing to the of this

segment share.

End-use Insights

On the basis of end use, pharmaceutical and biotechnology companies contributed towards the largest share in 2016.

The government’s support along with the huge investment made by these companies in the R&D activities has led to the

development new drugs which in turn has contributed to the growth of the market.

Contract research organisations are projected to show attractive growth over the forecast period because large number

of research activities is conducted by these organisations which are outsourced by the pharmaceutical and

biotechnology companies.

Regional Insights

North America dominated the market in 2016 owing to the rising healthcare expenditure made by the US government in

R&D activities for the development of new drugs. There is also spending on healthcare infrastructure which contributes

to the growth.


Asia Pacific region is projected to show a lucrative growth over the forecast period owing to increasing awareness and

funding initiatives undertaken by the government for the development of new drugs.

Competitive Insights

Some of the major key players of the market include Charles River Laboratories International, Inc.; Merck KGaA; Lonza

Group Ltd.; Thermo Fisher Scientific; PromoCell GmbH; ATCC (American Type Culture Collection); Biological Industries

Israel Beit Haemek Ltd.; Bionique Testing Laboratories, Inc.; and InvivoGen.

The leading manufacturers provide an extensive range of advanced testing products through their strong distribution

channels across wide geographical locations. The significant strategies causing the growth of these companies include

new product development, geographical expansions, and mergers & acquisitions. For example, in November 2015,

Merck acquired Sigma-Aldrich Co., one of the major in the industry.

Read Sample report of this Category: https://www.millioninsights.com/industry/biotechnology

Market Segment:

Mycoplasma Testing Product Outlook (Revenue, USD Million, 2014 - 2025)

• Instruments

• Kits & Reagents

• PCR Assays

• Nucleic Acid Detection Kits

• Stains

• Elimination Kits

• Standards & Controls

• Others

• Services

Mycoplasma Testing Technology Outlook (Revenue, USD Million, 2014 - 2025)

• PCR

• ELISA

• Direct Assay

• Indirect Assay

• Microbial Culture Techniques

• Enzymatic Methods

Mycoplasma Testing Application Outlook (Revenue, USD Million, 2014 - 2025)

• Cell Line Testing

• Virus Testing

• End of Production Cells Testing

• Others

Mycoplasma Testing End-Use Outlook (Revenue, USD Million, 2014 - 2025)

• Academic Research Institutes

• Cell Banks

• Contract Research Organizations

• Pharmaceutical & Biotechnology Companies


• Others

Mycoplasma Testing Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America

• U.S.

• Canada

• Europe

• Germany

• UK

• Asia Pacific

• Japan

• China

• India

• Latin America

• Brazil

• Mexico

• MEA

• South Africa


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction.

Our representatives strive to understand diverse client requirements and cater to the same with

the most innovative and functional solutions.

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: 1-408-610-2300

Email: sales@millioninsights.com

Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016

India

Phone: 91-20-65300184

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!