Pharmaceutical Sterility Testing Market Size, Share & Review 2024-2030
Pharmaceutical
Sterility Testing Industry Overview
The global pharmaceutical sterility testing market size was
estimated at USD 1.59 billion in 2023 and is projected to grow at a compound
annual growth rate (CAGR) of 11.02% from 2024 to 2030.
Increasing government investments, R&D activities, a growing
number of drug launches, and a rising focus on quality & sterility are
expected to drive the market growth. The development of comprehensive sterility
testing procedures is regulated with stringent policies and quality control
standards.
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insights about the market drivers, restrains and growth of the Pharmaceutical Sterility Testing Market
In addition, several government initiatives play a pivotal role in
shaping the healthcare landscape, and their financial support significantly
influences the development & implementation of advanced sterility testing
procedures within the pharmaceutical sector. Increasing government funding for
enhanced R&D activities for novel therapeutics, especially vaccines,
biologics, and sterile products, which need sterility testing to ensure safety
& efficacy. This leads to the introduction of cutting-edge technologies and
innovative solutions in the sterility testing market. For instance, according
to the European Federation of Pharmaceutical Industries and Associations
(EFPIA), total healthcare R&D expenditure in the European Union (EU) was
around USD 48.5 billion in 2022 compared to USD 46.4 billion in 2021.
Global
Pharmaceutical Sterility Testing Market Report Segmentation
This report forecasts revenue growth at global, regional, and
country levels and provides an analysis of the latest industry trends in each
of the sub-segments from 2018 to 2030. For this study, Grand View Research has
segmented the global pharmaceutical sterility testing market report based on
the type, product type, test type, sample, end-use, and region:
Type Outlook
(Revenue, USD Million, 2018 - 2030)
·
In-House
·
Outsourcing
Product Type
Outlook (Revenue, USD Million, 2018 - 2030)
·
Kits & Reagents
·
Instruments
·
Services
Test Type
Outlook (Revenue, USD Million, 2018 - 2030)
·
Sterility Testing
o
Membrane Filtration
o
Direct Inoculation
o
Product Flush
·
Bioburden Testing
·
Bacterial Endotoxin Testing
·
Rapid Microbial Method
o
ATP Bioluminescence
o
Fluorescent -Based
o
Solid-phase Cytometry
o
Others
Sample
Outlook (Revenue, USD Million, 2018 - 2030)
·
Pharmaceuticals
·
Medical Devices
·
Biopharmaceuticals
End-use
Outlook (Revenue, USD Million, 2018 - 2030)
·
Compounding Pharmacies
·
Medical Device Companies
·
Pharmaceutical Companies
·
Others
Regional
Outlook (Revenue, USD Million, 2018 - 2030)
·
North America
o
US
o
Canada
·
Europe
o
UK
o
Germany
o
France
o
Italy
o
Spain
o
Netherlands
o
Switzerland
o
Sweden
o
Belgium
o
Russia
·
Asia Pacific
o
Japan
o
China
o
India
o
Australia
o
South Korea
o
Philippines
o
Malaysia
o
New Zealand
o
Singapore
o
Thailand
·
Latin America
o
Brazil
o
Mexico
o
Argentina
o
Colombia
o
Chile
·
Middle East and Africa (MEA)
o
South Africa
o
Saudi Arabia
o
Egypt
o
Israel
o
UAE
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Key Pharmaceutical
Sterility Testing Company Insights
Several key players are acquiring various strategic initiatives to
strengthen their market position offering diverse services to customers. The
prominent strategies adopted by companies are service launches, mergers &
acquisitions/joint ventures merger, partnership & agreements, expansions,
and others to increase market presence & revenue and gain a competitive
edge drives the market growth.
Key Pharmaceutical
Sterility Testing Companies:
The following are the leading companies in the pharmaceutical
sterility testing market. These companies collectively hold the largest market
share and dictate industry trends. Financials, strategy maps & products of
these pharmaceutical sterility testing companies are analyzed to map the supply
network
·
Pacific Biolabs
·
Steris Plc
·
Boston Analytical
·
Sotera Health Company (Nelson Labs)
·
Sartorius Ag
·
Solvias Ag
·
SGS SA
·
Labcorp
·
Pace Analytical
·
Charles River Laboratories
·
Thermo Fisher Scientific, Inc.
·
Rapid Micro Biosystems, Inc.
·
Almac Group
·
Labor LS SE & Co. KG
Recent
Developments
In January 2024, Rapid Micro Biosystems, Inc. company announced
the launch of the Growth Direct Rapid Sterility application by mid-2024
In August 2023, Pace Analytical Services improved its capabilities
by adding advanced hydrocarbon analytical support and expanded sediment &
tissue testing with the acquisition of Alpha Analytical
In May 2023, Thermo Fisher Scientific, Inc. announced the launch
of a sterile drug facility in Singapore. It would help deliver new vaccines and
medicines in the Asia Pacific market
Order a free sample PDF of the Pharmaceutical
Sterility Testing Market Intelligence Study, published by Grand View Research.
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