Efficacy Testing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Efficacy Testing is a set of methods in product research and development that are carried to test the product's intended purpose to substantiate those significant claims that appear on packaging.
MARKET DYNAMICS
The Efficacy Testing market is expected to grow exponentially in the forecast period owing to the factors such as increasing support for pharma and biotech sectors, growing r&d, rising outsourcing of efficacy testing, and others. However, in emerging markets there is the growth hotspot for companies are the opportunities for this market to grow.
MARKET SCOPE
The "Global Efficacy Testing Market Analysis to 2028" is a specialized and in-depth study of the biotechnology industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Efficacy Testing market with detailed market segmentation by type, product and service, application, and geography. The global Efficacy Testing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Efficacy Testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Efficacy Testing market is segmented on the basis on product and service, the market is segmented into consumables and services. Further, type market is segmented into Antimicrobial Efficacy Testing, and Disinfectant Efficacy Testing. Application is segmented into Pharmaceutical Manufacturing, Cosmetic And Personal Care Products
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Efficacy Testing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Efficacy Testing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Efficacy Testing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the Efficacy Testing market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Efficacy Testing market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Efficacy Testing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Efficacy Testing market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the Efficacy Testing market in these regions.
MARKET PLAYERS
The reports cover key developments in the Efficacy Testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Efficacy Testing market are anticipated to lucrative growth opportunities in the future with the rising demand for Efficacy Testing market in the global market. Below mentioned is the list of few companies engaged in the Efficacy Testing market.
The report also includes the profiles of key Efficacy Testing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Eurofins Scientific
- Charles River Laboratories International
- Becton, Dickinson and Company
- SGS
- Merck KGaA
- bioMérieux
- Pacific Biolabs
- WuXi AppTec
- North American Science Associates
- American Type Culture Collection
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Efficacy Testing Market - By Product and Service
1.3.2 Efficacy Testing Market - By Type
1.3.3 Efficacy Testing Market - By Application
1.3.4 Efficacy Testing Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. EFFICACY TESTING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. EFFICACY TESTING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. EFFICACY TESTING MARKET - GLOBAL MARKET ANALYSIS
6.1. EFFICACY TESTING - GLOBAL MARKET OVERVIEW
6.2. EFFICACY TESTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. EFFICACY TESTING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT AND SERVICE
7.1. OVERVIEW
7.2. PRODUCT AND SERVICE MARKET FORECASTS AND ANALYSIS
7.3. CONSUMABLES
7.3.1. Overview
7.3.2. Consumables Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. EFFICACY TESTING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. ANTIMICROBIAL EFFICACY TESTING
8.3.1. Overview
8.3.2. Antimicrobial Efficacy Testing Market Forecast and Analysis
8.4. DISINFECTANT EFFICACY TESTING
8.4.1. Overview
8.4.2. Disinfectant Efficacy Testing Market Forecast and Analysis
9. EFFICACY TESTING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. PHARMACEUTICAL MANUFACTURING
9.3.1. Overview
9.3.2. Pharmaceutical Manufacturing Market Forecast and Analysis
9.4. COSMETIC AND PERSONAL CARE PRODUCTS
9.4.1. Overview
9.4.2. Cosmetic And Personal Care Products Market Forecast and Analysis
10. EFFICACY TESTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Efficacy Testing Market Overview
10.1.2 North America Efficacy Testing Market Forecasts and Analysis
10.1.3 North America Efficacy Testing Market Forecasts and Analysis - By Product and Service
10.1.4 North America Efficacy Testing Market Forecasts and Analysis - By Type
10.1.5 North America Efficacy Testing Market Forecasts and Analysis - By Application
10.1.6 North America Efficacy Testing Market Forecasts and Analysis - By Countries
10.1.6.1 United States Efficacy Testing Market
10.1.6.1.1 United States Efficacy Testing Market by Product and Service
10.1.6.1.2 United States Efficacy Testing Market by Type
10.1.6.1.3 United States Efficacy Testing Market by Application
10.1.6.2 Canada Efficacy Testing Market
10.1.6.2.1 Canada Efficacy Testing Market by Product and Service
10.1.6.2.2 Canada Efficacy Testing Market by Type
10.1.6.2.3 Canada Efficacy Testing Market by Application
10.1.6.3 Mexico Efficacy Testing Market
10.1.6.3.1 Mexico Efficacy Testing Market by Product and Service
10.1.6.3.2 Mexico Efficacy Testing Market by Type
10.1.6.3.3 Mexico Efficacy Testing Market by Application
10.2. EUROPE
10.2.1 Europe Efficacy Testing Market Overview
10.2.2 Europe Efficacy Testing Market Forecasts and Analysis
10.2.3 Europe Efficacy Testing Market Forecasts and Analysis - By Product and Service
10.2.4 Europe Efficacy Testing Market Forecasts and Analysis - By Type
10.2.5 Europe Efficacy Testing Market Forecasts and Analysis - By Application
10.2.6 Europe Efficacy Testing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Efficacy Testing Market
10.2.6.1.1 Germany Efficacy Testing Market by Product and Service
10.2.6.1.2 Germany Efficacy Testing Market by Type
10.2.6.1.3 Germany Efficacy Testing Market by Application
10.2.6.2 France Efficacy Testing Market
10.2.6.2.1 France Efficacy Testing Market by Product and Service
10.2.6.2.2 France Efficacy Testing Market by Type
10.2.6.2.3 France Efficacy Testing Market by Application
10.2.6.3 Italy Efficacy Testing Market
10.2.6.3.1 Italy Efficacy Testing Market by Product and Service
10.2.6.3.2 Italy Efficacy Testing Market by Type
10.2.6.3.3 Italy Efficacy Testing Market by Application
10.2.6.4 Spain Efficacy Testing Market
10.2.6.4.1 Spain Efficacy Testing Market by Product and Service
10.2.6.4.2 Spain Efficacy Testing Market by Type
10.2.6.4.3 Spain Efficacy Testing Market by Application
10.2.6.5 United Kingdom Efficacy Testing Market
10.2.6.5.1 United Kingdom Efficacy Testing Market by Product and Service
10.2.6.5.2 United Kingdom Efficacy Testing Market by Type
10.2.6.5.3 United Kingdom Efficacy Testing Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Efficacy Testing Market Overview
10.3.2 Asia-Pacific Efficacy Testing Market Forecasts and Analysis
10.3.3 Asia-Pacific Efficacy Testing Market Forecasts and Analysis - By Product and Service
10.3.4 Asia-Pacific Efficacy Testing Market Forecasts and Analysis - By Type
10.3.5 Asia-Pacific Efficacy Testing Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Efficacy Testing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Efficacy Testing Market
10.3.6.1.1 Australia Efficacy Testing Market by Product and Service
10.3.6.1.2 Australia Efficacy Testing Market by Type
10.3.6.1.3 Australia Efficacy Testing Market by Application
10.3.6.2 China Efficacy Testing Market
10.3.6.2.1 China Efficacy Testing Market by Product and Service
10.3.6.2.2 China Efficacy Testing Market by Type
10.3.6.2.3 China Efficacy Testing Market by Application
10.3.6.3 India Efficacy Testing Market
10.3.6.3.1 India Efficacy Testing Market by Product and Service
10.3.6.3.2 India Efficacy Testing Market by Type
10.3.6.3.3 India Efficacy Testing Market by Application
10.3.6.4 Japan Efficacy Testing Market
10.3.6.4.1 Japan Efficacy Testing Market by Product and Service
10.3.6.4.2 Japan Efficacy Testing Market by Type
10.3.6.4.3 Japan Efficacy Testing Market by Application
10.3.6.5 South Korea Efficacy Testing Market
10.3.6.5.1 South Korea Efficacy Testing Market by Product and Service
10.3.6.5.2 South Korea Efficacy Testing Market by Type
10.3.6.5.3 South Korea Efficacy Testing Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Efficacy Testing Market Overview
10.4.2 Middle East and Africa Efficacy Testing Market Forecasts and Analysis
10.4.3 Middle East and Africa Efficacy Testing Market Forecasts and Analysis - By Product and Service
10.4.4 Middle East and Africa Efficacy Testing Market Forecasts and Analysis - By Type
10.4.5 Middle East and Africa Efficacy Testing Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Efficacy Testing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Efficacy Testing Market
10.4.6.1.1 South Africa Efficacy Testing Market by Product and Service
10.4.6.1.2 South Africa Efficacy Testing Market by Type
10.4.6.1.3 South Africa Efficacy Testing Market by Application
10.4.6.2 Saudi Arabia Efficacy Testing Market
10.4.6.2.1 Saudi Arabia Efficacy Testing Market by Product and Service
10.4.6.2.2 Saudi Arabia Efficacy Testing Market by Type
10.4.6.2.3 Saudi Arabia Efficacy Testing Market by Application
10.4.6.3 U.A.E Efficacy Testing Market
10.4.6.3.1 U.A.E Efficacy Testing Market by Product and Service
10.4.6.3.2 U.A.E Efficacy Testing Market by Type
10.4.6.3.3 U.A.E Efficacy Testing Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Efficacy Testing Market Overview
10.5.2 South and Central America Efficacy Testing Market Forecasts and Analysis
10.5.3 South and Central America Efficacy Testing Market Forecasts and Analysis - By Product and Service
10.5.4 South and Central America Efficacy Testing Market Forecasts and Analysis - By Type
10.5.5 South and Central America Efficacy Testing Market Forecasts and Analysis - By Application
10.5.6 South and Central America Efficacy Testing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Efficacy Testing Market
10.5.6.1.1 Brazil Efficacy Testing Market by Product and Service
10.5.6.1.2 Brazil Efficacy Testing Market by Type
10.5.6.1.3 Brazil Efficacy Testing Market by Application
10.5.6.2 Argentina Efficacy Testing Market
10.5.6.2.1 Argentina Efficacy Testing Market by Product and Service
10.5.6.2.2 Argentina Efficacy Testing Market by Type
10.5.6.2.3 Argentina Efficacy Testing Market by Application
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. EFFICACY TESTING MARKET, KEY COMPANY PROFILES
12.1. EUROFINS SCIENTIFIC
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CHARLES RIVER LABORATORIES INTERNATIONAL
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BECTON, DICKINSON AND COMPANY
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. SGS
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MERCK KGAA
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BIOMéRIEUX
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PACIFIC BIOLABS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. WUXI APPTEC
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. NORTH AMERICAN SCIENCE ASSOCIATES
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. AMERICAN TYPE CULTURE COLLECTION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Eurofins Scientific2. Charles River Laboratories International3. Becton, Dickinson and Company4. SGS5. Merck KGaA6. bioMérieux7. Pacific Biolabs8. WuXi AppTec9. North American Science Associates10. American Type Culture Collection
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.