Monday 14 October 2019

Mycoplasma Testing Market Future | Significant Trends & Status | Forecast To 2025


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.
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.
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
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