Pharmaceutical Sterility Testing Market Size
Pharmaceuticals

Global Pharmaceutical Sterility Testing Market Size, Share, Trends And Drivers 2023-2032

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest pharmaceutical sterility testing market share, and Middle East was the fastest-growing region in 2022.

The global pharmaceutical Sserility testing market is expected to grow from $1.19 billion in 2022 to $1.29 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The pharmaceutical sterility testing market is expected to grow from $2.07 billion in 2027 at a CAGR of 12.5%.

Major Driver In The Pharmaceutical Sterility Testing Market ­– Increase In The Number Of Drug Launches And Investment In R&D
According to an article shared by Pharmaceutical Technology, a US-based independent source for information, insight, and analysis on bio/pharmaceutical formulation, the UK government announced a $347 million (£260 million) commitment to advance R&D and the development of innovative treatments, tools, and diagnostics in March 2022. Furthermore, according to a report shared by IQVIA, a US-based provider of advanced analytics, technology solutions, and clinical research services, a total of 300 new medications are expected to be introduced over the next five years, until 2026; this is a significant increase over the level observed on average over the previous ten years, and the drugs are expected to lean towards specialty, niche, and orphan drugs. Spending on new products will increase by $196 billion over the next five years, roughly offset by a $188 billion fall in brand spending due to loss of exclusivity.

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Key Pharmaceutical Sterility Testing Market Segments
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, and Bacterial Endotoxin Testing
5) By End- User: Compounding Pharmacies, Medical Devices Companies, Pharmaceutical Companies

Recent Pharmaceutical Sterility Testing Market Trend – Introducing New Pharmaceutical Sterility Testing Products And Services
Pharmaceutical testing companies are launching new pharmaceutical sterility testing products and services to expand their product portfolio and market presence. Companies are delivering technologically improved outcomes and well-equipped services to capitalise on the expanding pharmaceutical sterility market’s growth potential. STEMart, a US-based provider of integrated medical device CRO services, for example, will deliver thorough microbiology and sterility testing for sterile, non-pyrogenic goods in June 2022. Comprehensive microbiology and sterility testing includes a variety of services, such as the Antibiotic Potency Test, which evaluates the bioactivity or potency of certain antibiotics for medical devices.

Pharmaceutical Sterility Testing Market Prominent Players
Major players in the pharmaceutical Sserility testing market are Pacific Biolabs, STRERIS Corporation, Boston Analytical, Gibraltar Laboratories, Sartorius AG, Solvias AG, 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, and Infinity.

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The Pharmaceutical Sterility Testing Global Market Report 2023  provides a comprehensive overview on the pharmaceutical Sserility testing market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the pharmaceutical Sserility testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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