EMEA Sterility Testing Market Growth of 10.8% Dominated by Key Vendors: By Size, Drivers, Market Opportunities, Business Trends and Forecast To 2023

Sterilization is any process that effectively eradicates any surface, equipment or article from the presence of viable microorganisms. Sterility testing is one of the important aspects of the healthcare sector which ensures the purity and safety of a product or a substance. The EMEA sterility testing market is expected to grow at an approximate CAGR of 10.8% during the forecast period.

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Increasing prevalence of chronic diseases like cancer and HIV which can be easily transferred from the patient to the healthy adults through the use of the contaminated articles is one of the major drivers for the market growth. In 2015, according to the Centers for Disease Control and Prevention, 9,250 out of every 10,000 exposures to infected blood transfusion resulted in the transmission of the HIV. Similar, results were estimated by the use of infected needle during the parenteral intake of the drugs, 63 out of every 10,000 such exposures led to HIV.

Moreover, expanding pharmaceutical and biotech industries, the rise in the approval of the drugs, growth in R&D investments in life science research along with rising healthcare and government support is expected to boost the market growth during the forecast period. However, precise regulatory and time-consuming approval processes along with the lack of skilled labor will restrain the market growth during the forecast period.

EMEA Sterility Testing Market - Key players

Some of the major players in the market are

Merck KGaA (Germany)
bioMérieux SA (France)
SGS SA (Switzerland)
Sartorius AG (Germany)
Thermo Fisher Scientific Inc. (U.S.)
Toxikon, Inc. (U.S.)
Charles River (U.S.)

EMEA Sterility Testing Market - Segmentation

The EMEA sterility testing market is segmented on the basis of product, test, application and end users.

On the basis of the product, the market is segmented into kits & reagents, services, instruments, and others.

On the basis of the test, the market is segmented into membrane filtration, direct inoculation sterility testing, and others. The membrane filtration segment is sub-segmented into membrane type which is further segmented into synthetic organic polymers and inorganic materials. The synthetic organic polymers, by membrane type, is sub-segmented into polysulfone, cellulose acetate, and others. The inorganic materials, by membrane type, is sub-segmented into ceramic membranes, metal membranes, others.

On the basis of the application, the market is segmented into pharmaceutical industries, biotechnology industries, and others.

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On the basis of the end users, the market is segmented into hospitals & clinics, academic institutes, research organization, and others.

EMEA Sterility Testing Market - Regional Analysis

Europe is the largest sterility testing market owing to the rising healthcare expenditures, growing government support for research & development and huge patient population within the region. Moreover, growing biotechnology and pharmaceutical industries is boosting the market growth.

Asia Pacific is the fastest growing region in EMEA market due to the presence of a huge patient population and continuously developing economies like India and China Moreover, increasing government support is boosting the market growth during the forecast period.

The Middle East & Africa holds the least share in the EMEA sterility testing market due to the presence of poor economies in the African region. A majority of the market within this region is occupied by the Middle East region.

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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This release was published on openPR.