Pharmaceutical Sterility Testing Market: Insights
The global pharmaceutical sterility testing market is estimated to witness a significant CAGR during the forecast period (2020-2026). Government investments in the healthcare industry, and the number of drug launches and rising focus on quality and sterility are projected to drive the market. Growing demand for sterilized products and growing adoption of pharmaceutical sterility testing are some of the major factors expected to drive the market during the forecast period. Furthermore, stringent government rules and regulation is likely to hamper the market growth during the forecast period.
Pharmaceutical Sterility Testing Market: By Type
Based on type, the global pharmaceutical sterility testing market is segmented into in- house and outsourcing. The outsourcing segment is estimated to hold the largest market share in terms of revenue and is projected to grow at the highest CAGR during the forecast period.
Pharmaceutical Sterility Testing Market: By Test Type
Based on test type, the global pharmaceutical sterility testing market is segmented into sterility testing and bioburden testing, and bacterial endotoxin testing. The bacterial endotoxin testing segment is expected to hold the highest CAGR during the forecast period. Bacterial endotoxin testing is an in-vitro technique used for bacterial endotoxin identification. Growing technological advancements and high adoption of several techniques adopted for product safety are some of the factors expected to boost the market for pharmaceutical sterility testing during the forecast period. Sterility testing and bioburden testing is projected to hold the largest market share in terms of revenue during the forecast period. The growing number of medical and drug devices is one of the significant factors driving market growth.
Pharmaceutical Sterility Testing Market: By End-User
Based on end-user, the global pharmaceutical sterility testing market is segmented into compounding pharmacies, medical devices companies, and pharmaceutical companies, among others. The pharmaceutical companies segment is expected to grow at the highest CAGR during the forecast period. Increasing R&D activities and the government's requirement to conduct sterility testing for each release of batches to ensure drug safety are some of the major factors driving the market growth.
Pharmaceutical Sterility Testing Market: By Region
Based on region, the global pharmaceutical sterility testing market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America. The North America region is expected to grow at the highest CAGR during the forecast period. A significant rise in demand for specialized drugs is expected to drive the market during the forecast period. The U.S. is recognized as the largest pharmaceutical market in terms of both production, and consumption. In the year 2018, the U.S. spent USD 485 billion on medicines and is expected to reach more than USD 600 billion by 2023. The growing incidence of diseases and technological advancements is expected to drive the market growth. Growing population, increased awareness of diseases and high investment capacity for pharmaceutical products are expected to drive the pharmaceutical industry and, in effect drive the market for pharmaceutical sterility testing. Asia-Pacific is expected to witness considerable growth as well as the second most region expected to hold the highest CAGR in the pharmaceutical sterility testing market during the forecast period. Growing healthcare spending in emerging countries including India, Japan, South Korea, China, and Singapore, among others coupled with technological advances in the medical industry is propelling the market growth in the region.
Pharmaceutical Sterility Testing Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Pharmaceutical Sterility Testing. The key end-users of the markets are Cleveland Clinic, and Singapore General Hospitals among others.
Pharmaceutical Sterility Testing Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Pharmaceutical Sterility Testing Market: Share & Competitor Analysis
Some of the key players operating in the Pharmaceutical Sterility Testing market are Pacific Biolabs, STERIS Corporation, Boston Analytical, Gibraltar Laboratories, Sartorius AG, Solvias AG, SGS SA, Toxikon, Inc., Pace Analytical Services LLC, and Charles River Laboratories International, Inc among others.
In April 2020, STERIS Corporation announced that the U.S. Food and Drug Administration (FDA) has issued an Emergency Use Authorization (EUA) for respirator decontamination.
In February 2020, Water Street Healthcare signed an agreement with Solvias AG to invest in growing the pharmaceutical laboratory services business across the globe.
Check the Press Release on Global Pharmaceutical Sterility Testing Market Report
Pharmaceutical Sterility Testing Market: By Type
- Introduction
- Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- In- house
- In- house: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
- Outsourcing
- Outsourcing: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
Pharmaceutical Sterility Testing Market: By Test Type
- Introduction
- Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Sterility Testing
- Sterility Testing: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
- Bioburden testing
- Bioburden testing: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
- Bacterial Endotoxin testing
- Bacterial Endotoxin testing: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
Pharmaceutical Sterility Testing Market: By End User
- Introduction
- Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- Compounding Pharmacies
- Compounding Pharmacies: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
- Medical Devices Companies
- Medical Devices Companies: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
- Pharmaceutical companies
- Pharmaceutical companies: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
- Others
- Others: Pharmaceutical Sterility Testing Market, 2018-2026 (USD Million)
Pharmaceutical Sterility Testing Market: By Region
- Introduction
- Global Pharmaceutical Sterility Testing Market, Regional Analysis, 2018-2026 (USD Million)
- North America
- North America Pharmaceutical Sterility Testing Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- North America Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- North America Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- North America Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- By Country
- U.S.
- By Type
- U.S Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- U.S Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- U.S Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Canada.
- By Type
- Canada Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Canada Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Canada Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Mexico
- By Type
- Mexico Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Mexico Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Mexico Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Europe
- Europe Pharmaceutical Sterility Testing Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Europe Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Europe Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Europe Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- By Country
- Germany
- By Type
- Germany Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Germany Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Germany Pharmaceutical Sterility Testing Market, By Vertical, 2018-2026 (USD Million)
- UK
- By Type
- UK Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- UK Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- UK Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- France
- By Type
- France Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- France Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- France Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Italy
- By Type
- Italy Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Italy Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Italy Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Spain
- By Type
- Spain Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Spain Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Spain Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Rest Of Europe
- By Type
- Rest Of Europe Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Rest Of Europe Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Rest Of Europe Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Asia Pacific
- Asia Pacific Pharmaceutical Sterility Testing Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Asia Pacific Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Asia Pacific Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Asia Pacific Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- By Country
- China
- By Type
- China Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- China Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- China Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Japan
- By Type
- Japan Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Japan Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Japan Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- India
- By Type
- India Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- India Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- India Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- South Korea
- By Type
- South Korea Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- South Korea Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- South Korea Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Rest Of APAC
- By Type
- Rest Of APAC Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Rest Of APAC Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Rest Of APAC Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Central & South America
- Central & South America Pharmaceutical Sterility Testing Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Central & South America Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Central & South America Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Central & South America Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- By Country
- Brazil
- By Type
- Brazil Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Brazil Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Brazil Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Pharmaceutical Sterility Testing Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Middle East & Africa Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Middle East & Africa Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Middle East & Africa Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- By Country
- Saudi Arabia
- By Type
- Saudi Arabia Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- Saudi Arabia Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- Saudi Arabia Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
- UAE
- By Type
- UAE Pharmaceutical Sterility Testing Market, By Type, 2018-2026 (USD Million)
- By End User
- UAE Pharmaceutical Sterility Testing Market, By End User, 2018-2026 (USD Million)
- By Test Type
- UAE Pharmaceutical Sterility Testing Market, By Test Type, 2018-2026 (USD Million)
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Pharmaceutical Sterility Testing Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.