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Pharma Microbiology Testing Kits Market 2020 : Know the Latest COVID19 Impact Analysis And Strategies of Top Key Players | TBRC Reports
Pharma Microbiology Testing Kits Market
The global pharma microbiology testing kits market is expected to decline from $4.7 billion in 2019 to $4.6 billion in 2020 at a compound annual growth rate (CAGR) of -2.5%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. COVID-19 pandemic is affecting industries across the globe including the pharma microbiology testing kits. The market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. The market is then expected to recover and grow at a CAGR of 10.4% from 2021 and reach $6.1 billion in 2023.
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The pharma microbiology testing kits market consists of sales of pharma microbiology testing kits and related services. The pharma microbiology testing kits are used to detect the microbial limits among drugs, vaccines and other biologics.
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, bio analytical testing and others.
Pharma Microbiology Testing Kits Market Segmentation:
By Product
1.Consumables
2.Equipment
By Test
1.Endotoxin Testing
2.Sterility Testing
3.Microbial Examination
4.Environmental Monitoring And Others
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Few Points From Table Of Content
1. Executive Summary
2. Pharma Microbiology Testing Kits Market Characteristics
3. Pharma Microbiology Testing Kits Market Size And Growth
4. Pharma Microbiology Testing Kits Market Segmentation
5. Pharma Microbiology Testing Kits Market Regional And Country Analysis
....
25. Pharma Microbiology Testing Kits Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Pharma Microbiology Testing Kits Market
27. Pharma Microbiology Testing Kits Market Trends And Strategies
28. Pharma Microbiology Testing Kits Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the pharma microbiology testing kits market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved 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
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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