The Global Pharmaceutical Sterility Testing Market Report by The Business Research Company covers pharmaceutical sterility testing market drivers and restraints, pharmaceutical sterility testing market size, major players, and the impact of COVID-19 on the pharmaceutical sterility testing market.
The pharmaceutical sterility testing market consists of sales of pharmaceutical sterility testing products and related services which are used to confirm that pharmaceutical products are free from the presence of viable microorganisms. Pharmaceutical sterility tests are procedures for checking the presence of microorganism in biological parenteral which are intended for human use. Pharmaceutical sterility testing is an important process in pharmaceuticals, medical equipment, and drugs manufacturing to assess the effectiveness of a sterilization process and is carried out at all levels of manufacturing to reduce the risk of product contamination.
An increase in the number of drug launches and rising investment in research and development (R&D) contributed to the growth of the pharmaceutical sterility testing market. Sterility is an important step in the manufacture of drugs to avoid product contamination and make the drugs free from any viable microorganism.
The global pharmaceutical sterility testing market is expected to grow from $1.01 billion in 2020 to $1.12 billion in 2021 at a compound annual growth rate (CAGR) of 10.9%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pharmaceutical sterility testing market is expected to reach $1.69 billion in 2025 at a CAGR of 10.8%.
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Some pharmaceutical sterility testing market trends include companies enhancing their product portfolio and increasing their presence in the market. The companies are launching technologically superior outcomes and well-equipped services to utilize the growth potential of the rising pharmaceutical sterility market.
Global pharmaceutical sterility testing market segments include:
1) By Sample: Sterile Drugs, Medical Devices, Biologics And Therapeutics.
2) By Product Type: Instruments, Kits And Reagents, Services.
3) By Type: In-House, Outsourcing.
4) By Test Type: Sterility Testing, Bioburden Testing, Bacterial Endotoxin Testing.
5) By End- User: Compounding Pharmacies, Medical Devices Companies, Pharmaceutical Companies.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Pharmaceutical Sterility Testing Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides pharmaceutical sterility testing market overviews, analyzes and forecasts market size, share, pharmaceutical sterility testing market players, pharmaceutical sterility testing market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The pharmaceutical sterility testing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Pharmaceutical Sterility Testing Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Pacific Biolabs, STRERIS Corporation, Boston Analytical, Gibraltar Laboratories, Sartorius AG, SolviasAG, SGS AG, Toxikon Inc., Pace Analytical Services LLC, Charles River Laboratories International Inc, Nelson Laboratories Inc, Rapid Micro Biosystems Inc., BioMerieux, Merck KGaA, Wuxi AppTec, Sotera Health LLC, Dynalabs, Infinity.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The pharmaceutical sterility testing Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The pharmaceutical sterility testing Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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