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Prominent Pharmaceutical Sterility Testing Market Trend for 2025: Introduction Of New Pharmaceutical Sterility Testing Products To Expand Product Portfolios
What Are the Projected Growth and Market Size Trends for the Pharmaceutical Sterility Testing Market?In the preceding years, the pharmaceutical sterility testing market has experienced significant expansion. It is anticipated to increase from $1.41 billion in 2024 to $1.54 billion in 2025, recording a compound annual growth rate (CAGR) of 9.0%. The surge in this historic period can be credited to the increasing demand for high-quality pharmaceutical products, a heightened focus on drug safety and effectiveness, a growing requirement for biologics and biosimilar drugs, a surging prevalence of infectious diseases, and an upswing in investment in life science research.
The market size for sterility testing in the pharmaceutical industry anticipates robust expansion in the coming years, aiming to hit the $3.18 billion mark by 2029 with a compound annual growth rate (CAGR) of 20.0%. The anticipated growth during this period can be associated with developments in the biopharmaceutical industry, the rise of personalized medicine, an increasing trend of outsourcing, the focus on quality assurance, and preparation for pandemics. Significant trends that will mark this period are swift microbiological methods, amalgamated products, data integrity and digital transformation, automation and robotics, and breakthrough analytical techniques.
What Is Driving the Growth Trajectory of the Pharmaceutical Sterility Testing Market?
The pharmaceutical sterility testing market has seen growth due to an increase in drug launches and a surge in research and development (R&D) investments. Ensuring sterility in drug manufacturing is crucial to prevent contamination and eliminate any viable microorganisms. As reported in March 2022 by Pharmaceutical Technology, an independent U.S-based source of information on bio/pharmaceutical formulation, the UK government committed to providing $347 million (£260 million) to further R&D efforts and foster the development of inventive treatments, tools, and diagnostics. Furthermore, a December 2021 report by IQVIA, a U.S-based firm delivering advanced analytics, technology solutions, and clinical research services, indicated that a total of 300 new drugs are expected to reach the market within the next five years until 2026. This estimate signals a significant increase compared to the average over the past decade, with a propensity towards specialty, niche, and orphan drugs. Over the coming five years, an estimated increase of $196 billion in spending on new products is projected, which would be approximately offset by a $188 billion reduction in brand spending due to the expiry of exclusivity.
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Which Leading Companies Are Shaping the Growth of the Pharmaceutical Sterility Testing Market?
Major companies operating in the pharmaceutical sterility testing market include Pacific Biolabs Inc., STERIS Corporation, Boston Analytical Inc., Gibraltar Laboratories Inc., Sartorius AG, Solvias AG, SGS S.A., Toxikon Inc., Pace Analytical Services LLC, Charles River Laboratories International Inc., Nelson Laboratories Inc., Rapid Micro Biosystems Inc., bioMérieux Inc., Merck KGaA, WuXi AppTec, Sotera Health LLC, Dynalabs LLC, Infinity Laboratories, Eurofins Scientific SE, Avomeen Analytical Services, Microbac Laboratories Inc., Analytical Lab Group LLC, North American Science Associates Inc., Medical Device Testing Services Inc., Microtest Laboratories Inc., BioScreen Testing Services Inc., Microchem Laboratory Inc., Bactolac Pharmaceutical Inc., Micro Quality Labs Inc., Boston Microfluidics Inc., BioPharma Services Inc., Microbiology Research Associates, BioScience Laboratories Inc.
What Are the Major Trends Shaping the Pharmaceutical Sterility Testing Market?
The pharmaceutical testing market is witnessing a surge in the introduction of new pharmaceutical sterility testing products and services by companies, in a bid to strengthen their product range and market standing. These companies are bringing to the table technologically advanced results and robust services to tap into the growth opportunities presented by the increasingly popular pharmaceutical sterility testing market. For example, STEMart, a company from the U.S., specializing in integrated medical device CRO services, unveiled an expansive range of microbiology and sterility testing for clean, non-pyrogenic products in June 2022. These services include a series of options such as the Antibiotic Potency Test, aimed at assessing the bioactivity or potency of particular antibiotics used for medical devices.
What Are the Key Segments of the Pharmaceutical Sterility Testing Market?
The pharmaceutical sterility testing market covered in this report is segmented -
1) By Sample: Sterile Drugs, Medical Devices, Biologics and Therapeutics
2) By Product Type: Instruments, Kits and Reagents, Services
3) By Type: In- house, Outsourcing
4) By Test Type: Sterility Testing, Bioburden Testing, Bacterial Endotoxin Testing
5) By End- User: Compounding Pharmacies, Medical Devices Companies, Pharmaceutical Companies
Subsegments:
1) By Sterile Drugs: Injectable Drugs, Infusion Solutions, Ophthalmic Solutions
2) By Medical Devices: Surgical Instruments, Implants, Catheters
3) By Biologics And Therapeutics: Vaccines, Gene Therapies, Cell Therapies
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Which Region Dominates the Pharmaceutical Sterility Testing Market?
The countries covered in the pharmaceutical sterility testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Is Covered In The Pharmaceutical Sterility Testing Global Market Report?
- Market Size Analysis: Analyze the Pharmaceutical Sterility Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pharmaceutical Sterility Testing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pharmaceutical Sterility Testing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pharmaceutical Sterility Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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