Market Trends of Global Bioburden Testing Industry
Polymerase Chain Reaction (PCR) Systems are Expected to Hold the Large Share of the Market
The molecular methods of identifying pathogens are becoming progressively popular, as they offer precise detection at a fraction of the time and effort invested in traditional, culture-based methods. Both the real-time and end-point PCR provide the rapid, sensitive, and highly specific detection of nucleic acids from bacteria, viruses, fungi, and other microbial organisms. There is a positive impact on the segment due to the increasing demand for bioburden testing as the research and development activity for COVID-19 vaccines has increased.
Polymerase chain reaction testing is therefore found to be one of the well-established methods for the detection, and quantification of different types of microbial agents in the areas of clinical diagnostics and food safety. PCR-based pathogen detection requires the use of appropriate controls, which aid in result interpretation by identifying adverse factors such as contamination, and inhibition of the amplification reaction.
Moreover, the market players are also adopting various growth strategies, such as frequent product launches, partnerships, and merger and acquisition activities, to gain a competitive edge in the market. For instance, in March 2021 the UgenTecand Hamann Lab entered into a partnership venture for the PCR middleware landscape. Such partnerships by the market players to develop PCR System and strengthen their position in the market is boosting the growth of the market. Hence, all these factors have majorly impacted the overall market growth.
The North American Region Dominates Bioburden Testing Market Over the Forecast Period
North America is the largest market in terms of revenue due to the increasing research and development expenditures, increased number of product recalls, and government initiatives related to the accuracy of the safety process of drugs and devices. The recent outbreak of COVID -19 has also created a huge demand for drug discovery and medical devices, increasing the demand for bioburden testing.
Due to the increasing number of drugs and devices recalled, the emerging need for validation of the manufacturing process for drugs and devices is expected to boost the demand for the market studied. For instance, in June 2022, Buzzagogo voluntarily recalled one lot of Allergy Bee Gone for Kids Nasal Swab Remedy due to microbial contamination identified by the FDA as Bacillus cereus, a gram-positive bacterium, as well as high levels of yeast and mold.
According to the data published by the National Center for Biotechnology Information (NCBI), biotechnology funding by the National Institute of Health (NIH), and increasing R&D investments by prominent companies are expected to encourage companies to adopt highly efficient biological testing tools to counter the possible losses caused by contamination. According to the data published in May 2022 by the National Center for Biotechnology Information (NCBI), the National Institutes of Health (NIH) invested around USD 7.77 billion in biotechnology, during the fiscal year 2020. Furthermore, according to figures supplied by the Federation of American Scientists, federal funding for research and development increased 5.9% in 2020 compared to 2019, totaling to USD 138.9 billion. Thus, with growing research and development spending it is expected that the research and development activity is going to increase over the forecast period, thereby boosting the market growth in the region.
Thus, all the above-mentioned factors are expected to boost the market growth in the North American region.
