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

The Business Research Company’s pharma microbiology testing kits market report forecasts the pharma microbiology testing kits market size to grow to $8.78 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

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Pharma Microbiology Testing Kits Market Size Forecast
The global pharma microbiology testing kits market is expected to grow from $5.66 billion in 2022 to $6.25 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharma microbiology testing kits market is expected to grow from $8.78 billion in 2027 at a CAGR of 8.8%.

North America held the largest pharma microbiology testing kits market share.

Key Pharma Microbiology Testing Kits Market Driver ­– Rise In The Incidence Of Infectious Diseases
WHO report indicated that there were about 1.4 million cases of Hepatitis A reported globally every year. Hence the increasing number of infectious disease cases due to infected needle injections, unprotected sex, homelessness, lack of access to medical care, and other socioeconomic challenges drive the pharma microbiology testing kits market.

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Key Pharma Microbiology Testing Kits Market Trend – Outsourcing Of Microbiological Testing To Contract Testing Laboratories
Outsourcing of microbiological testing to contract testing laboratories is becoming popular in the pharma microbiology testing kits market. Outsourcing of routine microbiological testing activities controls and ensures better quality and safety of raw materials, intermediates, and finished products. The contract testing laboratories are outsourced with some testing areas such as stability testing, raw material testing, method validation, microbial testing, environmental monitoring, physical characterization, batch-release testing, bioanalytical testing, and others. For instance, the global healthcare analytical testing market is projected to expand to $4.13 billion by 2021 at a growth rate of 11.3%.

Pharma Microbiology Testing Kits Market Segment
1) By Product: Consumables, Equipment
2) By Test: Endotoxin Testing, Sterility Testing, Microbial Examination, Environmental Monitoring, Other Tests
3) By End User: Hospitals & Diagnostic Centers, Custom Lab Service Providers, Academic & Research Institutes

Pharma Microbiology Testing Kits Market Major Players and Strategies
Major players in the pharma microbiology testing kits market are F. Hoffmann-La Roche AG, Becton, Dickinson and Company, Abbott Laboratories, ThermoFisher Scientific, Lucideon, SGS SA, ToxiKon, Pace Analytical Services, Boston Analytics, Charles River Laboratories International, and Nelson Laboratories.

In November 2022, IDEXX, a US-based healthcare innovation company, acquired Tecta-PDS for an undisclosed amount. The acquisition would allow IDEXX to expand its footprint in water microbiology testing. Tecta-PDS is a Canada-based water microbiology testing company.

The Pharma Microbiology Testing Kits Global Market Report 2023 covers regional data on pharma microbiology testing kits market size, pharma microbiology testing kits market trends and drivers, opportunities, strategies, and pharma microbiology testing kits market competitor analysis. The countries covered in the pharma microbiology testing kits 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.

The pharma microbiology testing kits detect contamination and uphold good standards. They are used to detect the microbial limits among drugs, vaccines, and other biologics.

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