Mycoplasma Testing Market Witness Substantial Growth Owing to the Increasing Demand in the Biotechnology Application
Mycoplasma Testing Industry Overview The global mycoplasma testing market size was valued at USD 627.16 million in 2019 and is expected to witness attractive growth over the forecast period. Increasing investments in R&D activities have contributed to huge revenue for the market. The rising introduction of novel technologies by key players is expected to further boost growth. The rise in cell culture contamination is also another factor driving growth. Due to the limitation of culture methods, researchers are involved in the identification and development of more rapid and accurate mycoplasma tests in recent years. The primary advantages of such rapid tests would be high sensitivity, the capability of identifying a wide range of mycoplasma species, and cycle time reduction, thus, reducing the production time. These rapid methods would also facilitate faster decision making to minimize the spread of contamination. One such example of an alternative method for culture-based ...