Press release
GMP Testing Service Market Share, Trends, Growth, Analysis and Forecast 2023-2030
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.To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/gmp-testing-service-market
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.
Market Coverage
• The market number available for - 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Service Type
o By Service Provider
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Labcorp, Merck KGaA, Microchem Laboratories, North American Science Associates, LLC, Pace Analytical Services, LLC and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global 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 available @ https://www.omrglobal.com/industry-reports/gmp-testing-service-market
Global GMP Testing Service Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & 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.
Reasons to Buying From us -
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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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 offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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