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GMP Testing Service Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

11-15-2023 12:44 PM CET | Health & Medicine

Press release from: Orion Market Research

GMP Testing Service Market Comprehensive Insight by Growth

The global GMP testing service market is anticipated to grow at a CAGR of 6.7% during the forecast period (2023-2030). Testing of drug substances involves analysing active pharmaceutical ingredients (APIs) to assess their quality, purity, and potency. This includes using methods such as chromatography, spectroscopy, and mass spectrometry. Microbiological testing is important to ensure the sterility and safety of pharmaceutical products. Quality control testing is conducted to confirm the quality of the finished product, including content uniformity, dissolution testing, and impurity analysis. Stability studies assess the physical, chemical, and microbiological attributes of the product over time. Environmental monitoring ensures the cleanliness and control of the manufacturing environment. Raw material testing involves analysing the starting materials used in pharmaceutical manufacturing. Method validation ensures that the analytical methods used for testing are accurate, specific, and reliable. Furthermore, the market's growth is attributed to increasing biologic complexity. Biologics tend to be complex molecules with distinct properties. To assure safety and efficacy, these compounds need to be verified through advanced and specialized procedures, including potency testing. For instance, in April 2023, Svar Life Science recently launched the expansion of its biologics testing capacity with a GMP certification. Svar's QC laboratories have been audited and approved by a separate auditor (Swedish Medical Products Agency) to begin QC analysis in accordance with the appropriate GMP standards for biologic potency testing.

Furthermore, the biopharmaceutical industry is experiencing significant expansion and innovation, particularly in the manufacture of monoclonal antibodies, bispecific antibodies, ADCs, and vaccines. These products require substantial safety and efficacy assessments, stimulating a need for GMP testing services. in December 2022, WuXi Biologics("WuXiBio") launched a new Biosafety Testing Center. It provides biosafety testing services to aid in the development of monoclonal antibodies, bispecific antibodies, ADCs, vaccinations, and other biological products.

To Request a Sample of our Report on GMP Testing Service Market:  https://www.omrglobal.com/request-sample/gmp-testing-service-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Service Type
By Service Provider
By End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes Labcorp, Merck KGaA, Microchem Laboratories, North American Science Associates, LLC, Pace Analytical Services, LLC and others.

GMP Testing Service Market Report Segment

By Service Type

Packaging and Shelf-Life Testing
Product Validation Testing
Bioanalytical Services
Others (Analytical Testing Services, and Validation Services)

By Service provider

In-House Testing Facilities
Outsourced facility

By End-User

Pharmaceutical and Biopharmaceutical Companies
Medical Device Companies
Others (Contract Research Organizations (CROs), and Research and Academic Institutions)

A full Report of GMP Testing Service Market is Available @  https://www.omrglobal.com/industry-reports/gmp-testing-service-market

GMP Testing Service Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Labcorp
Merck KGaA
Microchem Laboratories
North American Science Associates, LLC
Pace Analytical Services, LLC
Sartorius
SGS 
Sigma-Aldrich Co. LLC. 
Sotera Health Co.
Svar Life Science AB
Takara Bio USA, Inc.
Thermo Fisher Scientific Inc., 
UL Solutions
WuXi AppTec

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/gmp-testing-service-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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