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Pharmaceutical

Academic Research Laboratories And Research Programs Will Create Strong Demand For Mycoplasma Detection Devices

Mycoplasma detection is gaining significant traction in the biopharmaceuticals industry. Biopharmaceuticals represent around one-fourth share of total pharmaceutical industry revenue generation which is growing year on year by a substantial rate.

The superior efficacy of biopharmaceuticals in treating chronic diseases is making them the choice of treatment which in turn is increasing biopharmaceutical production. Mycoplasma is the most common contaminant in the biopharmaceuticals industry, therefore mycoplasma detection devices are gaining significant adoption to ensure biopharmaceuticals product safety.

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Introduction of Cost-Effective Detection Kits is Key Strategy Adopted by Regional Manufacturers

Technological advances related to sample collection, testing and efforts by manufacturers to create easy to use test kits are expected to create high demand for mycoplasma detection kits and systems.

Manufacturers in various regions are focusing on developing cost-effective testing kits and systems to enhance their product adoption among the contract manufacturers and contract research organizations Adoption of mycoplasma detection is largely concentrated in developed regions such as North America, Europe and some parts of Asia-Pacific.

It however has limited penetration in untapped biopharmaceutical markets such as Latin America and Middle East & Africa. Hence, there is vast scope for manufacturing of cost-effective products and improving availability.

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Academia to Emerge as Primary Research Organization

Academic research institutes have focused on advanced basic research, including applied research when the government or industrial organizations prefer cost-effective ways to pursue development programs.

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A majority of basic research continues to be carried out at academia as companies focus on bringing products to the market to generate profits. According to the National Science Foundation’s 2012 report, 56% of basic research conducted in the US is carried out in academia, whereas 61% of all applied research and 87% of development happens in the industry.

For More Insights- https://www.biospace.com/article/newborn-screening-market-surging-at-8-percent-cagr-driven-by-increasing-focus-on-advanced-infant-care-fact-mr-study/

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