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Pharmaceutical Packaging Testing Equipment Market Top Companies are TM Electronics, Inc., Labthink, West Pharmaceutical Services, Qualitest International, AMETEK, TEN-E Packaging Services, Inc., Packaging Technologies Inc., ALBANY MOLECULAR RESEARCH LIMIT

08-16-2018 03:25 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Pharmaceutical Packaging Testing Equipment Market – Industry Trends and Forecast to 2024

Pharmaceutical Packaging Testing Equipment Market – Industry Trends and Forecast to 2024

Global Pharmaceutical Packaging Testing Equipment Statistical Overview Report 2018 gives an outstanding  tool for market Survey, openings, and Vital key and strategic basic leadership. This report perceives that in this quickly advancing and competitive scenario, up-coming data on the basis of Pharmaceutical Packaging Testing Equipment Market research execution and settle on basic choices for development and benefit.

Global Pharmaceutical Packaging Testing Equipment Market is expected to reach USD 46.73 billion by 2024 from USD 20.87 billion in 2016, at a CAGR of 10.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Download PDF Sample Copy of Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-pharmaceutical-packaging-testing-equipment-market

Global Pharmaceutical Packaging Testing Equipment Market  By Equipment { Permeability Analyser (Gas Permeation Tester, Container Gas Permeability Tester), Package Vibration Tester, Moisture Meter, Package Drop Tester, Creasing, Stiffness Tester, Texture Analyser}, By Services {Container Closure Integrity Testing (Vacuum & Pressure Decay, High Voltage Leak Detection, Helium Leak Detection, Oxygen Headspace), Container Testing ( Extractables Testing, Container Permeation Testing, Material Identification Testing, Functionality Testing), Raw Material Testing, Shelf Life Testing, Microbial Testing, Physical Chemical Characterization, Stability Testing, Environmental Monitoring, Visual Inspection Functional Testing, Method Validation, Batch-Release Testing}, End Users {Contract Research Organizations, Testing Laboratories, Research Institutions, Pharmaceutical Companies, Government Organizations}, By Geography {North America, South America, Europe, Asia-Pacific, Middle East and Africa} – Industry Trends and Forecast to 2025

Some of the major market players in this market are :-

TM Electronics, Inc,
Labthink,
West Pharmaceutical Services, Inc,
Qualitest International Inc,
AMETEK.Inc,
TEN-E Packaging Services, Inc,
Packaging Technologies & Inspections LLC,
lbany Molecular Research Inc,
Westpak Inc,
Bausch+Ströbe,
I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A,
The Körber AG,
Marchesini Group S.p.A.,
OPTIMA packaging group GmbH,
Robert Bosch GmbH.
Packaging testing is often a physical test which is often conducted with some types of packaging such as food and pharmaceuticals. This packaging testing can be qualitative or quantitative.

Today the business for any company is driven by the customer and company relation, trust. A big part of building trust with consumers is ensuring the integrity of the packaging of products that come in. Some- times pharmaceutical companies face huge loss due leakage in packaging, bottle leak etc. hence to tackle with this problem pharmaceutical packaging testing equipment are used very widely.

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sopan.gedam@databridgemarketresearch.com

Segmentation: 
The global market for pharmaceutical packaging testing equipment by the following sub-categories is presented

By Equipment
Permeability Analyser
Gas Permeation Tester
Container Gas Permeability Tester
Package Vibration Tester
Moisture Meter
Package Drop Tester
Creasing
Stiffness Tester
Texture Analyser
By Services
Container Closure Integrity Testing
Vacuum & Pressure Decay
High Voltage Leak Detection
Helium Leak Detection
Oxygen Headspace
Container Testing
Extractables Testing
Container Permeation Testing
Material Identification Testing
Functionality Testing
Raw Material Testing
Shelf Life Testing
Microbial Testing
Physical Chemical Characterization
Stability Testing, Environmental Monitoring
Visual Inspection Functional Testing
Method Validation
Batch-Release Testing
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
FACTORS DRIVING GROWTH IN THE GLOBAL PHARMACEUTICAL PACKAGING TESTING EQUIPMENT MARKET
High Growth in Generic and Biopharmaceuticals:

According to the associating for accessible medicines, a report on generic drug access and savings was published in 2017, it states that Nearly 3.9 Billion Generic Prescriptions Were Dispensed in 2016. In the year 2016 the generic had generated the revenue of USD 253 billion. Around 89.0% of prescriptions generated are generic and it takes around 26.0% of total drug cost in Unites States.

Teva Pharmaceutical Industries Ltd., which is the world leading generic division, Teva Pharmaceutical Industries Ltd. generic division reported revenue of U.S.D 9.85 billion in n2016

 Rising demand for pharmaceutical packaging testing equipment:

Packaging, an essential part of medicines and drug delivery system in pharmaceutical sector, protects manufactured medicinal products from several environmental factors.        

According to the national center for biotechnology information, the pharmaceutical market is constantly advancing and had experience an annual growth of 5.0% per year. This market is responsible for generating the revenue of USD 20 billion per year. There are various constant innovations done in the field of pharma packaging such as  blow fill seal vials, anti-counterfeit measures, plasma impulse chemical vapor deposition coating technology, snap off ampoules, unit dose vials, two-in-one prefilled vial design, prefilled syringes and child-resistant packs. Traditionally the 51.0% of the medicines were taken via oral route. But now the methods of taking medicines have been changed. Which include intravenous 29.0%, inhalation (17.0%), transdermal (3.0%).

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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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