Global Pharmaceutical Sterility Testing Market

Pharmaceutical Sterility Testing Market Size, Share, Growth Analysis, By Type(In-house, and Outsourcing), By Sample(Pharmaceuticals, Medical Devices) - Industry Forecast 2024-2031


Report ID: SQMIG35I2168 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 62 | Figures: 75

Pharmaceutical Sterility Testing Market Regional Insights

In 2022, Asia Pacific dominated the global pharmaceutical sterility testing market. The market growth in the region is fueled by the increasing preference for alternative supplements and the adoption of modern lifestyles that demand the consumption of caffeinated drinks. As an example, in February 2021, Heineken Asia Pacific Beverages entered the energy drink market by using natural ingredients such as caffeine, which is attractive to health-conscious consumers. The consumption of energy drinks in the region is expected to increase as they claim to improve performance, endurance, and alertness, thus increasing their visibility among consumers.

Europe is expected to witness a CAGR of 7.6% during the forecast period. The trend of declaring the nutritional value of products on labels is likely to attract more consumers to Pharmaceutical Sterility Testing in the future. For instance, Prinova Europe launched a high-purity trehalose ingredient, enduro carb, for athletic endurance. The ingredient is slow-acting and double-sugar, designed to fuel muscles over extended periods. Additionally, the market growth in the region will be supported by the benefits of Pharmaceutical Sterility Testing such as increased cognitive performance, improved attention, and reaction speed, primarily due to caffeine.

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Pharmaceutical Sterility Testing Market size was valued at USD 1.48 Billion in 2022 and is poised to grow from USD 1.66 Billion in 2023 to USD 4.10 Billion by 2031, at a CAGR of 12% during the forecast period (2024-2031).

The pharmaceutical sterility testing market is highly fragmented, with several players operating in the market. Other companies are also investing in research and development activities to develop new and advanced testing methods to meet the increasing demand for sterility testing services. These initiatives are expected to drive the growth of the market and create opportunities for new entrants in the market. The company's microbiology testing services include microbial enumeration, bacterial endotoxin testing, microbial identification, sterility testing, and microbial limits testing. 'Charles River Laboratories International, Inc. (US)', 'Eurofins Scientific (Luxembourg)', 'Merck KGaA (Germany)', 'Thermo Fisher Scientific Inc. (US)', 'SGS SA (Switzerland)', 'WuXi AppTec (China)', 'bioMérieux SA (France)', 'Nelson Laboratories, LLC (US)', 'Pace Analytical Services, LLC (US)', 'Toxikon Corporation (US)', 'Sartorius AG (Germany)', 'STERIS plc (US)', 'Microbac Laboratories, Inc. (US)', 'North American Science Associates, Inc. (US)', 'Gibraltar Laboratories (US)', 'Boston Analytical, Inc. (US)', 'Analytical Lab Group (US)', 'Becton, Dickinson and Company (US)', 'Pacific Biolabs (US)', 'Dynatec Labs (US)'

The demand for biologics and biosimilar drugs has been increasing in recent years due to their effectiveness in treating serious diseases such as cancer, neurological disorders, and infectious diseases. This has led to a rise in demand for pharmaceutical sterility testing to ensure the safety and efficacy of these products. The approval of several biosimilar drugs in the past few years, such as Trastuzumab, Rituximab, and Adalimumab, has driven the growth of the pharmaceutical sterility testing market.

Increasing Adoption of Rapid Microbial Detection Technologies: Technologies for rapid microbial detection are becoming more and more common in the pharmaceutical sector as a result of their potential to speed up findings and shorten testing timeframes. In the upcoming years, it is predicted that this tendency will persist.

In 2022, Asia Pacific dominated the pharmaceutical sterility testing market. The market growth in the region is fueled by the increasing preference for alternative supplements and the adoption of modern lifestyles that demand the consumption of caffeinated drinks. As an example, in February 2021, Heineken Asia Pacific Beverages entered the energy drink market by using natural ingredients such as caffeine, which is attractive to health-conscious consumers. The consumption of energy drinks in the region is expected to increase as they claim to improve performance, endurance, and alertness, thus increasing their visibility among consumers.

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Global Pharmaceutical Sterility Testing Market

Product ID: SQMIG35I2168

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