Pharmaceutical Quality Control Market Expected to Witness Steady Growth Amidst Rising Industry Standards

Pharmaceutical Quality Control Market Research Report: Information By Product (Consumable, Instruments, and Services), By Analysis Type (Sterility Testing, Bioburden Testing, Endotoxin Testing, Stability Testing, Extractable & Leachable Testing, Raw Material Testing, and Others), By Products Tested (Vaccines, Plasma Product, and Drugs) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

The global Pharmaceutical Quality Control market size was estimated at USD 4.2 billion in 2022 and is projected to reach USD 9.64 billion in 2030 at a CAGR of 11.2% during the forecast period 2023-2030.

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Pharmaceutical quality control is the integration of all processes to ensure the identity and purity of a particular pharmaceutical product. The global pharmaceutical quality control market is growing rapidly due to the growing awareness of pharmaceutical quality control. Increasing development of comprehensive analytical tests is driving the growth of the market. Demand for integrated analytical services covering all stages of drug research, development and manufacturing also continues to drive the market growth. In addition, the growing demand for pharmaceutical quality control due to the global outbreak of the novel coronavirus disease (COVID-19) presents an opportunity for the market. Technical issues are the major factors restraining the growth of the pharmaceutical quality control market. However, complex and time-consuming regulatory guidelines pose challenges to the growth of the pharmaceutical quality control market.

Another important reason behind the growth of the pharmaceutical quality control market is the increasing technological innovations and advancements offered by the various currently-established market players. They focus on constantly updating technology to improve the quality of care for different patients Pharmaceutical companies are strictly regulated because the health and well-being of consumers is directly affected by drugs, medical devices and other pharmaceutical products. To sell their products, manufacturers must meet several quality criteria. Small and medium pharmaceutical companies are focusing on complying with the law to produce better products and stay competitive in the market due to the rapid expansion of the pharmaceutical industry. The Food and Drug Administration (FDA) regulates the US market, where the majority of companies operating in developing countries like China and India ship their goods. FDA also inspects the facilities and operations of all pharmaceutical manufacturing operations in the United States. such as the overseas operations of companies that regularly sell their products in the United States.

The prominent players in the Pharmaceutical Quality Control market are

Merck KGaA
bioMérieux SA,
Charles River Laboratories International, Inc.,
Sartorious AG,
WuXi AppTec,
Thermo Fisher Scientific, Inc.,
SGS S.A.,
Eurofins Scientific,
Toxikon Corporation,
McKinsey & Company,
Esco Micro Pte. Ltd,
Lucideon Limited,
PerkinElmer Inc.,
SOLVIAS AG,
Shimadzu Scientific Instruments,
METTLER TOLEDO,
REMI GROUP,
BRAM-COR SPA,
Panomex Inc.,
Waters Corporation

January 2023: Palantir Technologies Inc. launched a consistent quality management system to help life science customers using the Foundry platform meet GxP requirements.

December 2022: FILTEC, an in-line inspection solutions provider, has launched a new Remote Visual Inspection (RVI) system, a compact and flexible machine vision solution for inspection.

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Scope of the Report:

Pharmaceutical Quality Control Market Research Report: Information By Product , By Analysis Type, By Products Tested, By Solution Type and region:

Based on product, the pharmaceutical quality control market is segmented into:

Consumables
Instruments
Services

Based on the analysis type, the pharmaceutical quality control market is segmented into:

Sterility Testing

Membrane Filtration
Direct Inoculation
Others

Bioburden Testing

Aerobic Count Testing
Anaerobic Count Testing
Spore Count Testing
Fungi/Mold Count Testing

Endotoxin Testing

In Vitro
Lal
Others

Stability Testing
Extractable & Leachable Testing
Raw Material Testing
Others

Based on the products tested, the pharmaceutical quality control market is segmented into:

Overview
Vaccines
Plasma Product
Drugs
Others

Based on solution type, the pharmaceutical quality control market is segmented into:

Small and medium-sized enterprises
Corrective Action Preventive Action (CAPA) Management
Audit Management
Document Management
Change Management
Training Management
Complaints Management
Regulatory and Compliance Management
Non-Conformances Handling
Supplier Quality Management
Inspection Management
Other solution Types

Based on region, the pharmaceutical quality control market is segmented into:

Asia Pacific

Japan
China
India
Australia
South Korea
Vietnam
New Zealand
Philippines
Thailand
Malaysia
Hong Kong
Taiwan
Singapore
Indonesia
Sri Lanka
Rest of Asia-Pacific

North America

U.S.
Canada
Mexico

Europe

Germany
U.K.
France
Italy
Spain
Sweden
Austria
Finland
Belgium
Turkey
Russia
Poland
Hungary
Czech Republic
Switzerland
Netherlands
Rest of Europe

South America

Brazil
Argentina
Chile
Colombia
Rest of South America

Middle East & Africa

South Africa
U.A.E.
Saudi Arabia
Oman
Qatar
Iran
Egypt
Rest of Middle East and Africa

North America to Dominate the Market

North America is expected to witness significant growth in the pharmaceutical quality management software market during the forecast period due to factors such as growing demand for management standards. improved production and quality management as well as the increasing adoption of innovative technologies, cloud-based solutions and QMS software in the pharmaceutical industry.

Key factors driving the growth of the Pharmaceutical Quality Control Market include:

Increasing Regulatory Requirements: Stringent regulations and quality standards imposed by various health authorities and regulatory bodies worldwide, such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA), have mandated pharmaceutical companies to adhere to strict quality control practices.

Rising Demand for Quality Pharmaceuticals: As consumer awareness about health and safety grows, there is an increasing demand for high-quality pharmaceutical products. Ensuring product quality is essential to maintaining a positive brand reputation and consumer trust.

Technological Advancements: The advancement of technology in analytical instruments and testing methods has improved the accuracy and efficiency of pharmaceutical quality control processes. This has led to an increased adoption of advanced analytical techniques.

Growth in Pharmaceutical Industry: The pharmaceutical industry itself has been experiencing growth, driven by factors such as an aging population, the prevalence of chronic diseases, and increased healthcare spending in both developed and emerging markets.

Globalization of Pharmaceutical Trade: With the globalization of the pharmaceutical market, manufacturers must comply with quality standards in various countries, leading to a greater emphasis on quality control.

The pharmaceutical quality control market comprises various components, including testing equipment, analytical instruments, consumables, and software solutions. Additionally, contract testing organizations have emerged as significant players in providing outsourced quality control services to pharmaceutical companies.

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