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 Dynamics

Pharmaceutical Sterility Testing Market Drivers

Growing Demand for Biologics and Biosimilar Drugs

  • 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 Regulatory Requirements for Pharmaceutical Sterility Testing

  • Regulatory bodies such as the FDA and EMA require pharmaceutical companies to conduct sterility testing to ensure that their products are safe for use. This has led to a rise in demand for sterility testing services, which is expected to drive the growth of the market.

Pharmaceutical Sterility Testing Market Restraints

High Cost of Testing Services

  • The high cost of pharmaceutical sterility testing services can be a significant barrier for many customers, especially in emerging markets or low-resource settings. Small and medium-sized pharmaceutical and medical device companies may lack the infrastructure to conduct quality sterility testing and therefore prefer to outsource these services to pass the FDA requirements.

Lack of Standardization of Testing Methods

  • The lack of standardization of Mycoplasma testing methods can lead to variability and inconsistency in the results, making it challenging to compare and interpret data across different laboratories and applications. Differences in testing methods and equipment can lead to varying results in sterility testing, making it difficult for regulators and companies to make accurate comparisons between different products.
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FAQs

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

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