Biosafety Consulting Services Market by Services, Vertical

Description

List of Tables

[180 Pages Report] The Biosafety Consulting Services Market size was estimated at USD 8.90 billion in 2023 and expected to reach USD 9.84 billion in 2024, at a CAGR 10.88% to reach USD 18.35 billion by 2030.

Biosafety consulting services provide compliant, effective, and sustainable solutions fully adapted to client needs when dealing with biological agents, such as bacteria, viruses, cell lines, genetically modified organisms, or biological materials, including blood products and diagnostic specimens. Biosafety consulting helps to understand the safety protocols and regulations associated with performing certain types of research. Compliance with biosafety regulations is crucial for preserving the integrity of lab work and protecting both personnel and study participants. The rising number of clinical research activities and favorable government support are driving the growth of the biosafety consulting service market. However, limited adoption amid a lack of knowledge and inadequate infrastructure may hamper market development. Nevertheless, constant product innovations, emerging advanced technologies, and surging investment in the domain create lucrative opportunities for the market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 8.90 billion
Estimated Year [2024]	USD 9.84 billion
Forecast Year [2030]	USD 18.35 billion
CAGR (%)	10.88%

Services: Expanding adoption of biosafety consulting services in risk assessment & mitigation services

In risk assessment & mitigation, biosafety consulting services offer solutions for biological agents, hazardous chemicals and materials, radiation exposure, physical hazards, allergies, infectious disease transmission, environmental contamination, and potential occupational safety and health (OSHA) violations. Businesses and industries must comply with all applicable federal, state, or local regulations to provide biosafety consulting services. Training and education programs help ensure the effective use of these services by providing personnel with the necessary knowledge to identify potential risks associated with their work. Strategies used for facility design and engineering to create a safe work environment for personnel involved in biosafety consulting include adequate ventilation systems, proper containment areas for hazardous materials, protective clothing for workers when necessary, emergency exits for rapid evacuation of personnel in dangerous situations, alarm systems that alert personnel when toxic levels are exceeded in an area, and isolation from outside sources of contaminants such as air or water. Measures taken to respond to emergencies involve standard operating procedures for responding quickly and efficiently to incidents involving hazardous material spills or exposures and protocols for reporting such incidents to regulatory agencies.

Vertical: Increasing application of biosafety consulting services in life science sector for meet regulatory requirements

Biosafety consulting services positively impact the life sciences, healthcare, education, and industrial sectors. In the life sciences sector, biosafety consulting services help ensure that research facilities and laboratories meet regulatory requirements for safely handling biological materials. It is also widely adopted in animal research facilities to protect personnel from exposure to potentially infectious materials. In the healthcare sector, biosafety consulting services help to safeguard patients and healthcare employees from potential exposure to hazardous biological agents. In the education sector, biosafety consulting services can help develop policies and procedures for use in educational institutions to minimize risks associated with biological materials used in classrooms or research labs. Moreover, biosafety consulting services can help companies meet safety standards for handling biological materials used in industrial processes.

Regional Insights

In the Americas, biosafety consulting services have become increasingly popular as the U.S. healthcare system undergoes regulatory changes. The demand for services is driven by increased public awareness of safety standards and legal requirements of regulatory bodies, including the Occupational Safety and Health Act (OSHA), the Biological Safety in Microbiological and Biomedical Laboratories (BSL-4), the Federal Insecticide Fungicide Rodenticide Act (FIFRA), and the Resource Conservation & Recovery Act (RCRA). In EMEA, biosafety consulting is becoming increasingly important as governments implement stronger regulations relating to product safety laws and drug safety protocols. As a result of these stringent regulations, companies are seeking advice from specialized consultants to remain compliant with such laws while also ensuring the safety of their products and services. On the other hand, biosafety consulting is gaining traction in the Asia-Pacific region due to various factors, including government-imposed regulations focusing on patient safety and medical device certification processes. Furthermore, technological advancements have enabled easier access to healthcare facilities, increasing the overall demand for such services.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Biosafety Consulting Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Biosafety Consulting Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Biosafety Consulting Services Market, highlighting leading vendors and their innovative profiles. These include Advarra, Inc., Azbil Telstar, S.L.U., Biosafe Lab India Pvt. Ltd., Biosafety Biosecurity International, Biosafety Worldwide Inc., Biosecurity and Biocontainment International Consultants Pty Ltd., Bishop Simon, Certek, Clym Environmental Services, LLC, EnviroBusiness, Inc., Environmental Health & Engineering, Inc., Eurofins Scientific SE, Fukuma Advogados e Consultores, IHRC Inc., Jenal & Partners Biosafety Consulting, Merck KGaA, Merrick & Company, North American Science Associates, LLC, Precision Environments, Inc, Sabai Global, Samsung Biologics Co., Ltd., San Group, SGS SA, Sitero LLC, Steris PLC, Taxcell SA, Triumvirate Environmental, and World BioHazTec USA.

Market Segmentation & Coverage

This research report categorizes the Biosafety Consulting Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Services
- Biosafety Audits & Inspections
- Facility Design & Engineering
- Incident Response & Emergency Planning
- Regulatory Compliance
- Risk Assessment & Mitigation
- Training & Education

Vertical
- Education
- Healthcare
- Industrial
- Life Sciences

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Biosafety Consulting Services Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Biosafety Consulting Services Market?

3. What are the technology trends and regulatory frameworks in the Biosafety Consulting Services Market?

4. What is the market share of the leading vendors in the Biosafety Consulting Services Market?

5. Which modes and strategic moves are suitable for entering the Biosafety Consulting Services Market?

Product Code: MRR-DC6017B7F518

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Focus on biosafety and biosecurity in health and clinical laboratories
  - 5.1.1.2. Stringent government regulations and guidelines for biosafety and biohazards
- 5.1.2. Restraints
  - 5.1.2.1. High cost of services and changing regulatory scenario
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing investments for expansion of biosafety consulting services
  - 5.1.3.2. Integration and adoption of advanced technology into biosafety consulting services
- 5.1.4. Challenges
  - 5.1.4.1. Limited infrastructure and resources for biosafety consulting services
5.2. Market Segmentation Analysis
- 5.2.1. Services: Expanding adoption of biosafety consulting services in risk assessment & mitigation services
- 5.2.2. Vertical: Increasing application of biosafety consulting services in life science sector for meet regulatory requirements
5.3. Market Trend Analysis
- 5.3.1. Government guidelines and standards for biosafety and biocontainment in the Americas
- 5.3.2. Prevalence of laboratory-acquired infections creating need for biosafety consulting services in APAC region
- 5.3.3. Presence of biosafety strategies and non-governmental organizations for ensuring biosafety across EMEA region
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis

6. Biosafety Consulting Services Market, by Services

6.1. Introduction
6.2. Biosafety Audits & Inspections
6.3. Facility Design & Engineering
6.4. Incident Response & Emergency Planning
6.5. Regulatory Compliance
6.6. Risk Assessment & Mitigation
6.7. Training & Education

7. Biosafety Consulting Services Market, by Vertical

7.1. Introduction
7.2. Education
7.3. Healthcare
7.4. Industrial
7.5. Life Sciences

8. Americas Biosafety Consulting Services Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Biosafety Consulting Services Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Biosafety Consulting Services Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Merck Increases Global Commitment to Biosafety Testing With EUR 35 Million Investment in Scotland
- 11.3.2. Ginkgo Bioworks and the Government of the Democratic Republic of the Congo Announce Plans to Develop and Implement New Biosecurity Capabilities in the Region
- 11.3.3. EAS Group opens a Biosafety Level 2 Laboratory
- 11.3.4. TSCP Backs Biosafety Consulting Services Provider Sabai
- 11.3.5. Thompson Street Capital Partners Completes Growth Investment in Sabai Global
- 11.3.6. Sitero Launches Biosafety Consulting Services Offering
- 11.3.7. India's First Biosafety Level-3 Mobile Laboratory Launched in Maharashtra
- 11.3.8. SGS Expands its Glasgow Facility, Increasing Biosafety Testing Capacity

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio