Efficacy Testing

Efficacy Testing
Global Efficacy Testing Market to Reach $1.2 Billion by 2030
The global market for Efficacy Testing estimated at US$540.5 Million in the year 2022, is projected to reach a revised size of US$1.2 Billion by 2030, growing at a CAGR of 10.5% over the period 2022-2030. Consumables, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$713.2 Million by the end of the analysis period. Growth in the Instruments segment is estimated at 9.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $166.6 Million, While China is Forecast to Grow at 12.1% CAGR
The Efficacy Testing market in the U.S. is estimated at US$166.6 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$171.9 Million by the year 2030 trailing a CAGR of 12.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.Select Competitors (Total 70 Featured) - Becton, Dickinson and CompanybioMerieux SACharles River Laboratories International, Inc.Albany Molecular Research, Inc.Intertek Group PLCAmerican Type Culture Collection (ATCC)Almac GroupEurofins Scientific SEALS Ltd.Accugen Laboratories, Inc.Himedia Laboratoriesiuvo BioScience LLCCampden BRIEmsl Analytical, Inc.American Testing Lab, Inc.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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