Albany, New York, May 28, 2018: A new research study titled, “Global Market Study on Host Cell Contaminant Testing: High Demand to be Witnessed from Academic and Research Institutions During 2017 – 2025” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the research study, the global host cell contamination testing market is likely to grow at 5.6% CAGR during the assessment period and reach a valuation of around US$ 354 Mn by the end of the forecast period.
According to the research study, the host cell contamination testing market is likely to be fuelled by growing emphasis on providing quality healthcare solutions. The shift from volume to value-based qualitative services is influencing end-users to invest in quality healthcare products and services. The resurgence of the healthcare system in developing countries is also likely to provide an impetus to growth during the assessment period.
The research report finds that biopharmaceutical products contaminated with host cell components can compromise the quality of the end product, and this remains a key challenge for manufacturers from all around the world. The increasing spate of product recalls on account of residual traces of host cell contaminants has also influenced pharmaceutical companies to take corrective action.
According to the research study, North America continues to be one of the leading markets for host cell contamination testing all around the globe. The US is at the forefront of adoption – both in terms of demand for host cell contamination testing demand and innovation in this landscape. On account of these factors, the US continues to be a lucrative market for manufacturers. However, this lucrativeness creates challenges on its own, as the fragmentation has increased the competition for key players.
In addition to North America, Asia Pacific is also likely to emerge as a potent market for host cell contamination testing all around the globe. Many countries in Asia Pacific are positioning themselves as lucrative markets for medical tourism. For example, Thailand continues to be one of the leading markets for medical tourism in Asia Pacific, and adoption of quality services and products is high in the country. Various other countries are also focusing on adopting innovative products and solutions which is likely to provide an impetus to demand during the assessment period.
The research study also profiles the business and product strategies of some of the leading players in the market. Some of the leading players in the market include Cisbio Bioassays, Bio-Rad Laboratories, Inc., GE Healthcare Life Sciences, BioGenes GmbH, Cygnus Technologies LLC (A Maravai Lifesciences Company), Molecular Devices LLC, Enzo Life Sciences, Inc., ForteBio (A Pall Company), Thermo Fisher Scientific, Inc., and ProteinSimple.
Browse Full Global Host Cell Contaminant Testing Market Report with TOC : https://www.mrrse.com/host-cell-contaminant-testing-market
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