Mycoplasma Testing Market to Reach $2.2 Billion, Globally, by 2032 at 11.7% CAGR: Allied Market Research

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May 02, 2023, 13:08 ET

PORTLAND, Ore., May 2, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Mycoplasma Testing Market By Product (Instruments, Kits & Reagents, and Services), By Technology (PCR, ELISA, Microbial Culture Techniques, and Enzymatic Methods), By Application (Cell Line Testing, Virus Testing, End of Production Cells Testing, and Others), By End User (Academic Research Institutes, Cell Banks, Contract Research Organizations, Pharmaceutical & Biotechnology Companies, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global mycoplasma testing industry was estimated at $0.7 billion in 2022, and is anticipated to hit $2.2 billion by 2032, registering a CAGR of 11.7% from 2023 to 2033.

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Prime determinants of growth

The growth of the global mycoplasma testing market is driven by factors such as increase in use of mycoplasma testing products due to surge in demand for biologics and biosimilars, rise in technological advancements, and the adoption of advanced mycoplasma testing products. However, the high cost of mycoplasma testing products and services and lack of skilled laboratory technicians are hampering the mycoplasma testing market growth. On the contrary, technological advancement in mycoplasma testing such as development of ready-to-use culture media and nucleic acid amplification technique, and emergence of biopharmaceutical companies in developing countries such as China and India are expected to offer remunerative opportunities for expansion of the mycoplasma testing market during the forecast period.

Report coverage & details:

Report Coverage	Details
Forecast Period	2023–2032
Base Year	2022
Market Size in 2022	$0.7 billion
Market Size in 2032	$2.2 billion
CAGR	11.7 %
No. of Pages in Report	400
Segments covered	Product, Technology, Application, End User, and Region.
Drivers	Surge in demand for mycoplasma testing Increase in incidences of cell culture contamination
Opportunities	Developing economies offer lucrative opportunities Rise in technological advancements
Restraints	High cost of mycoplasma testing kits and instruments

Impact of Covid-19 on Mycoplasma Testing Market:

Due to the COVID-19 pandemic and the subsequent global lockdowns, the mycoplasma testing market faced a downturn.
However, as the global situation started ameliorating, the demand for mycoplasma testing has increased in biotechnology and biopharmaceutical industries and increase in development of rapid and accurate testing methods further contribute towards the market growth. This, in turn, presented various growth opportunities for companies operating in the mycoplasma testing market.

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The kits & reagents segment to maintain its leadership status throughout the forecast period

Based on product, the kits & reagents segment held the highest market share in 2022, accounting for more than half of the global mycoplasma testing market revenue, and is estimated to maintain its leadership status throughout the forecast period. This segment is also projected to manifest the highest CAGR of 12.2% from 2023 to 2032, as it is easy to use, provide rapid results as compared to traditional mycoplasma testing methods, and it is available in various technologies such as PCR based kits and reagents and ELISA based kits and reagents.

The PCR segment to maintain its leadership status throughout the forecast period

Based on technology, the PCR segment held the highest market share in 2022, accounting for nearly two-fifths of the global mycoplasma testing market revenue, and is estimated to maintain its leadership status throughout the forecast period, owing to adoption of advanced PCR based products in biopharmaceutical industries and contract research organizations, and high success rate for mycoplasma detection. However, the ELISA segment is projected to manifest the highest CAGR of 12.7% from 2023 to 2032, owing to the use of ELISA based mycoplasma testing products in various pharmaceutical industries as it offers accurate and rapid results.

The cell line testing segment to maintain its lead position during the forecast period

Based on application, the cell line testing segment accounted for the largest share in 2022, contributing to nearly half of the global mycoplasma testing market revenue and is estimated to maintain its leadership status throughout the forecast period. This segment is also projected to maintain highest CAGR of 12.5% during the forecast period, owing to surge in cell line mycoplasma contamination and increase in use of mycoplasma testing products for cell line testing in cell banks, biopharmaceutical companies, and contract research organizations.

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North America to maintain its dominance by 2032

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than two-fifths of the global mycoplasma testing market revenue and is likely to dominate the market during the forecast period, owing to rise in technological advancements, increase in demand for biologics and biosimilars mycoplasma testing. However, the Asia-Pacific region is expected to witness the fastest CAGR of 13.9% from 2023 to 2032, owing to surge in the adoption of PCR and ELISA based mycoplasma testing products and emergence of biopharmaceuticals companies in this region.

Leading Market Players:

ATCC
Bionique Testing Laboratories LLC
Bio-Rad Laboratories, Inc.
Charles River Laboratories
Eurofins Scientific
F. Hoffmann-La Roche Ltd.
InvivoGen
Lonza
Norgen Biotek Corp.
Thermo Fisher Scientific Inc.

The report provides a detailed analysis of these key players of the global mycoplasma testing market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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