Pharmaceuticals

Global Pharmaceutical Sterility Testing Market Size, Forecasts, And Opportunities

December 8, 2021 by The Business Research Company

Learn about the global pharmaceutical sterility testing market through The Business Research Company, which provides information on pharmaceutical sterility testing market size, pharmaceutical sterility testing market drivers and restraints, pharmaceutical sterility testing market players, the COVID-19 impact on the pharmaceutical sterility testing market, and more.

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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%.

An increase in the number of drug launches and rising investment in research and development (R&D) is expected to drive innovation in pharmaceutical sterility testing manufacturing, thus driving the market during the forecast period.

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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.

Global pharmaceutical sterility testing market segments include:

By Sample: Sterile Drugs, Medical Devices, Biologics And Therapeutics

By Product Type: Instruments, Kits And Reagents, Services

By Type: In-house, Outsourcing

By Test Type: Sterility Testing, Bioburden Testing, Bacterial Endotoxin Testing

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.

Companies in the pharmaceutical testing market are rising new pharmaceutical sterility testing products and services to enhance its product portfolio and increase its 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.

TBRC’s pharmaceutical sterility testing market report covers:

Major Market Players: Pacific Biolabs, STRERIS Corporation, Boston Analytical, Gibraltar Laboratories, Sartorius AG, SolviasAG, SGS AG, Toxikon, Inc., Pace Analytical Services LLC and Charles River Laboratories International Inc.

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)

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, leading competitor revenues, profiles and market shares.

TBRC’s 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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