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Rising Research And Development Investments And New Drug Launches Propel Growth In Pharmaceutical Sterility Testing Market: An Emerging Driver Transforming The Pharmaceutical Sterility Testing Market Landscape
Pharmaceutical Sterility Testing
What Is the Projected Growth of the Pharmaceutical Sterility Testing Market?
The pharmaceutical sterility testing market has shown strong growth in recent years. It will increase from $1.41 billion in 2024 to $1.54 billion in 2025, at a CAGR of 9.0%. This growth is attributed to the rising demand for quality pharmaceutical products, increased emphasis on drug safety and efficacy, the growing demand for biologics and biosimilars, the rising prevalence of infectious diseases, and higher investments in life sciences research.
The pharmaceutical sterility testing market is projected for rapid growth, reaching $3.18 billion in 2029 at a CAGR of 20.0%, fueled by biopharma expansion, quality control needs, outsourcing trends, and pandemic readiness. Key trends involve digital sterility testing, robotics, rapid microbiological methods, data integrity, and complex product testing.
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What Are the Different Pharmaceutical Sterility Testing Market Segments?
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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What Are the Primary Drivers Shaping the Pharmaceutical Sterility Testing Market?
The pharmaceutical sterility testing market is growing due to an increase in drug launches and higher investment in research and development (R&D). Sterility is crucial in drug manufacturing to prevent contamination and ensure drugs are free from microorganisms. For instance, in March 2022, the UK government announced a $347 million investment to advance R&D and create innovative treatments. Additionally, by 2026, around 300 new medications are expected to be launched, with spending on new products rising by $196 billion, according to IQVIA in December 2021.
Which Companies Are Leading in 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 Trends Are Expected to Dominate the Pharmaceutical Sterility Testing Market in the Next 5 Years?
Companies in the pharmaceutical testing market are launching new sterility testing products and services to expand their market presence. For example, in June 2022, STEMart, a US-based provider of CRO services, introduced comprehensive microbiology and sterility testing for sterile products, including services like the Antibiotic Potency Test to evaluate the effectiveness of antibiotics in medical devices.
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What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pharmaceutical Sterility Testing Market?
2. What is the CAGR expected in the Pharmaceutical Sterility Testing Market?
3. What Are the Key Innovations Transforming the Pharmaceutical Sterility Testing Industry?
4. Which Region Is Leading the Pharmaceutical Sterility Testing Market?
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