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Tag: Sterility Testing Market

Sterility Testing Market Manufacturers by Revenue, Share, Demand, Trends, Analysis and Forecasts Till 2023

The Global Sterility Testing Market is expected to grow at a CAGR of 12.3% during 2017-2023. Sterility testing is the vital part of the pharmaceutical and biotechnological industry. It is one of the difficult processes carried out by trained professionals. Pharmaceutical and biotechnological industries are developing very quickly, introduction of new drugs and increase in the R&D in life science are the major factors for the growth of market. It is an essential part of every sterilization validation and is an extremely difficult process that must be designed and executed for eliminating false positive results, which, are generally due to laboratory contamination from the testing environment or technician error.  Beside this increase in government support for biotechnology and pharmaceutical industries is the other factor for the growth of Global Sterility Testing Market. Increase in the technological advance in sterility testing is expected to support for increasing the market of the Global Sterility Testing.

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Regional Analysis of The Sterility Testing Market:

On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, and the Middle East and Africa. Sterility testing market is estimated to be driven by the growing demand for sterility testing from developing countries of Asia Pacific region, especially, China and India. Developing countries in Asia Pacific such as Indonesia, Cambodia, China, and India will hold a significant share of Asia Pacific sterility testing market. The growing pharmaceutical industry and unmet needs and the growing number of diagnostic and sampling procedures will drive the growth of the markets during the review period. Thus, the developing countries have potential to grow in this region due to less competition.

The healthcare industry in Asia Pacific is growing rapidly as compared to other regions due to growing per capita income of the region, which, in turn, drives the market for sterility testing. Furthermore, the rising health care expenditure in this region expected to drive the sterility testing market over the forecast period. Moreover, increasing population and improving & politically stable environment are adding fuel to the market growth.

The Worldwide Sterility Testing Market – Forecast to 2023 The report firstly introduced Global Sterility Testing Market including classification, application and industry chain overview; Then we deeply analyzed global growth forecast indicators by the as well as the regional market conditions that including the product price, profit, utilization, supply, demand and industry growth rate etc.

Intended Audience

Product manufacturers of sterility product

Sterility Testing Product Distributors

Government and private research companies

Research and Development (R&D) Companies

Hospitals and Laboratories

Medical Research Laboratories

Academic Medical Institutes and Universities

Sterility Testing Market Segmentations:

Global sterility testing market is segmented on the basis of products, types of test, application, and end users.

On basis of type of product the market is segmented into instrument, reagent & services, kits and others.

On the basis of type of tests, the market is segmented into membrane filtration sterility testing, direct incubation sterility testing, direct transfer and others.

On Application, the market is segmented into pharmaceutical & biological manufacturing, medical devices manufacturing, and others.

On the basis of end user, they are segmented into pharmaceuticals, hospital & laboratories and other.

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Major TOC Sterility Testing Market:

1 Introduction

1.1 Definition

1.2 Scope Of The Study

1.3 Market Structure

2 Research Methodology

 2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

 2.4 Forecast Model

3 Report Excerpt

 4 Forecast Indicators

4.1 Introduction

4.2 Growth Drivers

4.3 Growth Barriers

4.4 Growth Opportunities

4.5 Macroecnomical Indicators

T.O.C Continued….

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Global Sterility Testing Market is registering a fabulous 11.7% CAGR during forecast period

Global Sterility Testing Market is creating opportunities for manufacturers and distributors. In addition, demand for effective vaccines to combat chronic maladies is anticipated to bode well for the market. Development of filtration systems to expedite drug development can positively impact the market. For instance, Merck launched the Stericup Quick Release system in 2017 for faster filtration of reagents, buffers, and media.

The global sterility testing market size is expected to touch USD 1,245.2 million by 2023 owing to rising sales of cars. Market Research Future’s (MRFR) latest study reveals that the market is predicted an 11.7% CAGR during the forecast period (2017–2023). High prevalence of chronic diseases and cardiovascular maladies is the primary factor driving market growth. Booming pharmaceutical and biotechnology sectors, funding provided by governments, and rising investments in the life science sector are other factors expected to elicit market demand over the forecast period.

Some of the key players profiled in the market report include Boston Scientific Corporation, Pacific BioLabs Inc., Becton, Dickinson and Company, Sartorius AG, Charles River Laboratories Inc., Belimed Deutschland GmbH, Merck KGaA, Thermo Fisher Scientific Inc., Astell Scientific, WuXi AppTec, Baxter BioPharma Solutions, Bioquell U.K. Ltd., SGS SA, BioMérieux SA, and others. Acquisitions, collaborations, and launch of new products are strategies employed by these players to acquire a larger market share.

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MRFR’s report offers a detailed segmental analysis of the market based on product type, test type, end-user, and region. By product type, the market has been segmented into

  • consumables
  • instruments
  • and services.

Services are further segmented into

  • stability testing
  • sterility assurance tests
  • cleaning and disinfection
  • sterility validations.

The sterility assurance test segment is anticipated to be worth USD 151.6 million by 2023.

By test type, the market is segmented into

  • product flush sterility testing,
  • direct transfer sterility testing,
  • membrane filtration sterility testing,

The membrane filtration sterility testing segment can touch a valuation of USD 348.6 million by 2023. Membrane filtration is a method used in filtering microorganisms or bacteria capable of infecting solutions. Benefits such as testing in large volumes and inhibiting bacterial growth are expected to spur segment growth till 2023.

Major end-users include academic and research laboratories, hospitals and clinics, pharmaceutical companies, and others. The pharmaceutical companies segment is projected to register a 12.1% CAGR over the forecast period. Rising demand for sterile injectables is expected to fuel segment demand.

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Regional Outlook

The sterility testing market, on the basis of region, is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA). The Americas are expected to dominate the global market owing to the large patient population and demand for sterile drugs. Growth witnessed in domestic biotechnology and pharmaceutical sectors coupled with increased healthcare spending allotted to states are factors anticipated to fuel market growth over the forecast period.

Europe is predicted to be the second largest market, followed by APAC. Presence of well-established healthcare infrastructure, huge patient pool, and investments in life sciences can elicit huge market demand during the forecast period. Developed nations such as France, the U.K., and Italy are expected to contribute to overall market revenue.

The APAC sterility testing market is projected to showcase a robust CAGR over the forecast period owing to strong economies of Indian and China. It can enjoy good market demand owing to the presence of various contract manufacturing organizations.

The MEA market commands a smaller market share compared to others owing to stringent government policies and less emphasis on healthcare expenditure. The Middle East region is highly lucrative owing to the presence of nations such as Kuwait, Dubai, Qatar, and others.

Global Market for Sterility Testing – Competitive Dashboard

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Sterility Testing Market 2018 projected to grow radiantly at a CAGR of 11.7% till 2023

Complete Study of “Sterility Testing Market” Research Report is added on MarketResearchFuture.com with Latest Advancement. Detail analysis on possible segments and sub segments of the Liquid Biopsy Market. Forecast till 2023

Sterility Testing Market – Scenario

The market is forecasted to demonstrate a gradual growth by 2023, global sterility testing market is expected to grow at a CAGR of 12.3 % during forecasted period 2018-2023. Sterility testing is done by two methods: membrane filtration for aqueous, oily, alcoholic and other miscible solutions and direct inoculation for concentrated product.

Pharmaceutical companies have to follow sterility testing that is compliant with both U.S. Pharmacopeia and European Pharmacopoeia regulations. A bacteriostasis and fungistasis test is also carried out to check whether the test product inhibits the growth of microorganisms or not. The technician performing the sterility test must be appropriately gowned in sterile garments that prevent microbial contamination into the clean room.

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The market is growing with incremental growth during the forecast period. The key factor driving the growth of the market is increasing number of pharmaceutical & biotechnological companies, medical devices companies, life science research institutes and other companies producing materials that claim to be free from viable microorganisms. Also, increasing expenditure on life science research, broadening of biotechnology sector, introduction of innovative entities or molecules, technological advancements in sterility test, increasing demand for diagnostics, and various others factors attribute to increase in global sterility testing market.

Whereas the high priced techniques used for sterility testing may hamper the growth of the market.

Top Players:

Avance Biosciences

Boston Scientific Corporation

Paragon Bioservices

Merck KGaA, etc.

Global Sterility Testing Market   – Competitive Analysis

The global market of sterility testing is very vast and the market can be divided depending on product type, types of test, application, and end users. Due to advancement in technology and high healthcare expenditures, America accounts for the largest share of sterility testing market. Some of the major players in sterility testing market responsible for growth are: Merck Group, Eurofins, Thermo Fisher Scientific Inc, WuXi AppTec Group and others.

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Eurofins an international group of laboratories in Brussels, provides GMP testing to the pharmaceutical, food, environmental, agriscience and consumer products industries and to governments. On 1st January 2018, Eurofin’s pharmaceutical testing department was transferred to a separate legal unit and was named Eurofins BioPharma Product Testing NZ Limited (Eurofins BPT NZ). It provides several GMP testing for the pharmaceutical industry including full microbiological testing, raw materials analysis, and others. This change will allow Eurofins to provide a dedicated GMP Testing unit in New Zealand and enable customers to access the full support of Eurofins Global BioPharma Product Testing group.

Founded in 1668, Merck Group a multinational German pharmaceutical, chemical and Life Science Company headquartered in Darmstadt, and is one of the largest and oldest pharmaceutical company worldwide. In November 2017, Merck launched Stericup Quick Release, a new filter bottle system, which is used for sterile filtration of cell culture media, buffers and reagents. Merck also released new sterites symbio pump accessories in September 2016, it enables safety and ease during sample handling, filtration, waste management, and incubation.  These sterility tests can be performed in compact environments like laminar flow hoods, isolators. It also introduced the IsoBag specifically designed for environmental monitoring in isolators and critical cleanrooms. These new releases extends Merck’s comprehensive portfolio of products specifically designed for sterility testing. In November 2015, Merck completed acquisition of Sigma-Aldrich. This acquisition will enhance Merck’s customer service, customer interface and geographic reach.

Thermo Fisher Scientific Inc. an American multinational biotech company completed its acquisition of Alfa Aesar in September, 2015. Alfa Aesar a manufacturer of research chemicals, has operations in the United Kingdom, United States, Germany, China, South Korea and India. With this integration, Thermo Fisher can broaden its product range in chemicals, solvents, and reagents.

Major TOC of Sterility Testing Market Research Report – Global Forecast till 2023:

1 Report Prologue

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

6 Global Sterility Testing Market, by Product Type

7 Global Sterility Testing Market, by Test Type

8 Global Sterility Testing Market, by End User

9 Global Sterility Testing Market, by Region

10 Competitive Landscape

11 Company Profiles

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Sterility Testing Market ~9.8% CAGR Presume To Grow worldwide by 2023

Market Research Future published a half-cooked research report on America sterility testing market. Americas Sterility Testing Market is Expected to Grow at a CAGR of ~9.8% by 2023

Sterility Testing Market Scenario:

Sterility testing is one of the important aspect in the healthcare sector. It ensures the purity and safety of a product or a substance. Sterilization of the product and devices ensures the safety of the products. The major driving factor for the growth of the market are increasing manufactures of the medical devices & products, increasing prevalence of many infectious diseases, and increasing in the R&D activities. According to the Centers for Disease Control and Prevention, in 2012, about half of all adults i.e. 117 million American had one or more chronic health problem. Increasing number of diseases has intensified the research activities, which has significantly driven the market.

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Sterility Testing Market Highlights:              

Sterility ensures that the product meets to its superior quality. It is widely used in cell banks and drug testing. All the drugs, substance or any parenteral intended for human use need to be sterile as well as all the preparation intended to human use need to be sterile before they administered to the patients. Sterility testing should be performed in an aseptic condition, which meets the requirement of USP. According to the survey carried out by OECD, 11,367 biotechnological companies were present in the US in 2015 and the number is increasing every year. Moreover, increasing number of companies, increase the sterility test market. On the other hand, high cost of the test, long delayed approvals and improper environmental condition may hamper the sterility market over the projected period.

Sterility Testing Market Key Players:

Some of the major player in the market are Charles River Laboratories International, Inc. (US), Avance Biosciences (US), Boston Scientific Corporation (US), Paragon Bioservices, Inc (US), Thermo Fisher Scientific, Inc. (U.S.), Avista Pharma Solutions (US), DYNALABS LLC. (US), and Merck KGaA (Germany)

Sterility Testing Market Segmentation:                     

The Americas sterility testing market is segmented on the basis of products, types of test, application, and end users. On basis of type of product, the market is segmented into instrument, reagent & services, kits, and others. On the basis of type of tests, the market is segmented into membrane filtration sterility testing, direct incubation sterility testing, direct transfer, and others. On the basis of application, the market is segmented into pharmaceutical & biological manufacturing, medical devices manufacturing, and others. On the basis of end user, they are segmented into pharmaceuticals, hospital & laboratories, and other.

The Americas sterility testing market is expected to grow at a CAGR of 9.8% during the projected period 2017-2023

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Sterility Testing Market Intended Audience:

Product manufacturers of sterility product

Sterility testing product distributors

Government and private research companies

Research and development (R&D) companies

Hospitals and laboratories

Medical research laboratories

Sterility Testing Market Regional Analysis:

The Americas sterility testing market is egmented into North America and South America. North America holds the major share owing to increasing development of new drugs, huge R&D activities, and increasing number of pharmaceutical & biotechnological companies. Increasing prevalence of new diseases has significantly increased the sterility testing market. Increasing government initiatives against such diseases are also providing a push to the market growth. South America owns the least share of the sterility market.

Table Of Contents

1 Report Prologue

2 Market Introduction

2.1 Introduction

2.2 Scope Of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

  1. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Threats

  1. Market Factor Analysis

TOC Continued……!

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About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

Phone: +1 646 845 9312

Email: sales@Marketresearchfuture.com

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