Efficacy Testing Market

Charles River Laboratories (US), WuXi AppTec (China), Eurofins Scientific (Luxembourg), SGS (Switzerland), and Intertek Group (UK) are the leading player in the global Efficacy Testing Market

The global efficacy testing market is projected to reach USD 423 million by 2027 from USD 315 million in 2022, at a CAGR of 6.1% during the forecast period. Key drivers contributing to the market growth are the increasing use of surface disinfectants and preservatives in the pharma, biopharma, and cosmetics industries for contamination control and product stability; growing preference for outsourcing efficacy testing; and the rising adoption of the Quality by Design approach. The high growth potential in emerging markets will provide growth opportunities for players operating in the efficacy testing market. However, the adverse effects of chemical disinfectants is expected to hinder the growth of the market.

The efficacy testing market is well established owing to the dominance of prominent market players, such as Charles River Laboratories (US), WuXi AppTec (China), Eurofins Scientific (Luxembourg), SGS (Switzerland), Intertek Group (UK), Nelson Laboratories, LLC (a Sotera Health company, US), Microbac Laboratories, Inc. (US), Almac Group (UK), North American Science Associates, Inc. (US), Toxikon (US), Pacific Biolabs (US), MSL Solution Providers (UK), Intertek Group PLC (UK), Accugen Laboratories, Inc. (US), Consumer Product Testing Company (US), Lucideon (UK), BioScience Laboratories, Inc. (US), ALS Limited (Australia), Microchem Laboratory (US), Oxford Biosciences Ltd. (UK), Abbott Analytical (Australia), Helvic Laboratories (a Tentamus Company, UK), Honeyman Group Limited (UK), Danish Technological Institute (DTI, Denmark), and BluTest Laboratories Limited (UK).

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Eurofins Scientific (Luxembourg) is a leading service provider in the efficacy testing market. The company has a strong geographical presence in Europe, North America, and the Asia Pacific. Eurofins Scientific provides testing and support services in different sectors, including the pharmaceutical, food, environment, agroscience, and genomics sectors across the world. The company operates through four business segments, namely, Sample-based Business, Study-based Business, FTE-based Business, and Product-based Business. Eurofins BPT NZ provides a wide range of GMP testing services for the pharmaceutical industry, including full microbiological testing, raw materials analysis, and stability storage trial. The company offers antimicrobial and disinfectant efficacy testing services through Eurofins’ BioPharma Product Testing laboratories located in Australia, Belgium, Canada, Denmark, France, Germany, India, Ireland, Italy, Japan, the Netherlands, New Zealand, Spain, Sweden, Switzerland, the UK, and the US.

Charles River Laboratories (US) is one of the major players in the efficacy testing market. The company’s large market share can be attributed to its robust portfolio that includes traditional as well as innovative technologies and platforms that help streamline the efficacy testing process. The company provides a diverse portfolio of discovery and safety assessment services and offers various products and services to support its clients’ manufacturing activities. Charles River has more than 90 facilities in 20 countries and subsidiaries across the US, Canada, the UK, France, Italy, Spain, the Netherlands, Belgium, Germany, Poland, Ireland, Finland, Luxembourg, Japan, China, India, Korea, Hong Kong, and Australia.

Related Reports:

Efficacy Testing Market by Service Type (Antimicrobial/Preservative Efficacy Testing, Disinfectant Efficacy Testing), Application (Pharma, Cosmetics & Personal Care, Medical Devices, Consumer Products) and Region - Global Forecast to 2027

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Efficacy Testing Market Size,  Share & Growth Report
Report Code
BT 5932
RI Published ON
7/14/2022
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