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Global Pharmaceutical Equipment Testing Market 2019 Global Industry Growth Analysis, Segmentation, Size, Share, Trend, Future Demand and Leading Players Updates by Forecast to 2025
Global Pharmaceutical Equipment Testing Market - Industry Trends and Forecast to 2024
report provides details such as company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve etc.
Global Pharmaceutical Equipment Testing Market report analyses market deeply and provides market size information by country, product, indication, application and end user. Each individual segment's growth is analysed and these insights are subsequently considered before providing with the market overview which can help in understanding and identification of the core applications in the broad market.
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The global pharmaceutical packaging testing equipment market has accounted for USD xx million in 2016 and is expected to reach USD xx million by 2024, growing at a CAGR of 6.7% in the forecasted period 2017 to 2024.The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Pharmaceutical Packaging Equipment Testing Market, By Equipment (Gas Permeation Tester, Container Gas Permeability Tester, Permeability Analyzer, Gas Transmission Rate Instrument, Creasing And Stiffness Tester, Package Drop Tester, Moisture Meter, Package Vibration Tester, Texture Analyser), By Services, By End User, By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Industry Trends and Forecast to 2024
The significant growth of the global pharmaceutical packaging testing equipment market is due to advancement in technology, precise and accurate testing, rapid growth of the geriatric population, increase in number of counterfeit of drugs and pharmaceutical products in the market, government initiatives. Also the factors like high initial investment, growing usage of refurbished devices, would hinder the growth of this market.
The global pharmaceutical packaging testing equipment market is segmented on the basis of equipment, services, end user and by geography.
On the basis of equipment the market is segmented into gas permeation tester, container gas permeability tester, permeability analyzer, gas transmission rate instrument, creasing and stiffness tester, package drop tester, moisture meter, package vibration tester and texture analyser.
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The report also includes company's share analysis for the major companies operating in this market by major regions as North America, Europe, APAC among others. The details of mergers and acquisitions, product launches, expansions, and product life cycle matrix are also a part of this report. Some of the major players operating in this market are Lab think Instruments Co. Limited, TM Electronics, Inc, Qualitest International Inc., AMETEK.INC, Test & Calibration (STC), TEN-E PACKAGING SERVICES, INC., PTI Packaging Technologies and Inspection, Medical Engineering Technologies Ltd, ALBANY MOLECULAR RESEARCH INC., Westpak Inc., Eurofins Scientific, Intertek Group plc, Polymer Solutions, Cryopak, SGS, MOCON Inc., TASI Group, West Pharmaceutical Services, Inc., Edwards Analytical, NSF International, Nelson Laboratories, LLC among others.
On the basis of services the global pharmaceutical packaging testing equipment market is segmented into container testing, container closure integrity testing, life testing, visual inspection and functional testing, stability testing, raw material testing, method validation, microbial testing, environmental monitoring, physical chemical characterization and batch-release testing.Container testing is further sub segmented into container permeation testing, material identification testing, extractables testing and functionality testing. container closure integrity testing is further sub segmented into vacuum decay, pressure decay, high voltage leak detection, oxygen headspace and helium leak detection.
Based on end user the global pharmaceutical packaging testing equipment market is segmented into six types such as pharmaceutical companies, contract research organisations, government organisation, research institutions, testing laboratories and others.
Based on the geography, the market is segmented into five geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America is the largest market while Asia-Pacific is the fastest growing market due to the growing healthcare sector, government initiatives and growing economy.
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The global pharmaceutical packaging testing equipment market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
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