Sterility Testing Market by Product (Instruments, Services, Kits and Reagents), by Test Type (Membrane Filtration, Direct Inoculation), Application (Pharmaceutical, Hospitals & Clinic), by Region (Americas, Asia-Pacific, Europe, Middle East and Africa) – Global Forecast (2021 to 2027)

Sterility Testing Market - Global Industry Analysis and Forecast 2021 to 2027

STERILITY TESTING MARKET: Summary

The Global Sterility Testing Market is projected to reach a value of USD 1655.71 million by 2027 at a CAGR of 10.6%.

Sterility Testing refers to the tests performed to check and confirm the sterility of products. It is very important for medical devices, pharmaceuticals, tissue materials as well as other materials that help to claim to be sterile or free from viable microorganisms. Whereas, sterility is also an important component of good manufacturing practices (GMP) in the pharmaceutical as well as in the food and beverage industries. The global sterility testing market is rising with the growing demand for medical devices. However, the lack of skilled professionals is expected to hinder the growth of the market. 
Sterility Testing Market

STERILITY TESTING MARKET: Market Dynamics

Market Driver:

  • Growing Demand of Drug Launches  
    • There has been a growing demand of drug launches is play a significant role in the sterility testing market. As there is the number of drugs launches as well as the drug evaluation is rising over the year
    • In 2018, the Center for Drug Evaluation and Research (CDER) had approved a wide range of drugs therapies to enhance the health of the American public
    • In 2018, the United States Food and Drug Administration (FDA) Center for Drug Evaluation and Research (CDER) has approved around 59 novel drugs as new molecular entities (NMEs) under New Drug Applications (NDAs)
    • Moreover, drugs such as Elagolix and Lanadelumab are biopharmaceutical products which lead to requiring the special sterility testing procedure, hence the launch of such products is also boost the growth of the market
    • Furthermore, the sterility testing process is mandatory at every stage in the drug development and production process. Hence these will create major growth opportunities for the market growth in the coming year.
  • Growing Demand For Medical Device
  • Growing Technological Developments in Sterility Testing

Market Challenges:

  • Stringent Regulatory Framework

STERILITY TESTING MARKET: Key Segments

  • The sterility testing market is majorly segmented into product, test type, and application.
  • Based on product, the market is sub-segmented into instruments, services and kits, and reagents. The kits and reagents segment is projected to hold the largest share in the market. As it attributed to the need for the repeat purchase of these products, coupled with the growing preference for kit-based testing.
  • Based on the test type, the market is bifurcated into membrane filtration, direct inoculation, and product flush, and others.
  • Based on application, the market is divided into pharmaceutical and biological manufacturing, hospitals & clinics, medical devices manufacturing, and others. The pharmaceutical and biological manufacturing segment is projected to hold the highest growth rate in the forecast period.

STERILITY TESTING MARKET: Key Regions

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Based on the region, the market is divided into the Americas, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Americas accounted for the major market share with the growing technological advancements in the healthcare sector as well as the growing R&D spending. However, Asia-Pacific is projected to grow at the fastest growth rate, with the growing expenditure on life science research as well as the rising trend of pharmaceutical outsourcing to Asian countries like India and China.

STERILITY TESTING MARKET: Report Scope

The report on the sterility testing market covers a deep dive analysis of historic, recent, and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered, and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018-2027

Historical Year

2018 & 2019

Base Year

2020

Forecasted Period

2021-2027 (2020 estimated year, forecast up to 2027)

Measured Units

Value (USD Million)

Segments Included

Product, Test Type, and Application

Regional Coverage

Americas, Asia-Pacific, Europe, Middle East & Africa

Key Companies Covered

  • Baxter Healthcare Corporation (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
  • BIOMÉRIEUX SA
  • Charles River Laboratories Intl. Inc.
  • Merck KGaA
  • Nelson Laboratories, LLC
  • Sartorius AG
  • SGS SA
  • Thermo Fisher Scientific
  • TOXIKON
  • WuXi AppTec
  • Other Key Companies

STERILITY TESTING MARKET: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Sterility Testing Market, by Product

  • Instruments
  • Services
  • Kits and Reagents

Sterility Testing Market, by Test Type

  • Membrane Filtration
  • Direct Inoculation
  • Product Flush
  • Other

 Sterility Testing Market, by Application

  • Pharmaceutical and Biological Manufacturing
  • Hospitals & Clinics
  • Medical Devices Manufacturing
  • Other

Sterility Testing Market, by Region

  • Americas
    • North America
      • US
      • Canada
    • Latin America
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Middle East
    • Africa

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Sterility Testing Market  Providers
  • Sterility Testing Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Sterility Testing Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STERILITY TESTING MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Demand For Medical Device
      2. Growing Demand of Drug Launches
    3. Restraints
      1. Stringent Regulatory Framework
    4. Opportunities
      1. Increasing Advancements in Pharmaceutical
      2. Growing Technological Developments in Sterility Testing
    5. Challenges
      1. Lack of Skilled Professional
  5. Market Factor Analysis
    1. Porters Five Forces Analysis
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
    3. Value Chain Analysis
      1. R&D and Designing
      2. Manufacturing
      3. Distribution & Sales
      4. Post-Sales Services
    4. COVID-19 Impact Analysis
      1. Impact on Service
      2. Impact on Market Growth
      3. Impact on Regions
  6. GLOBAL STERILITY TESTING MARKET BY PRODUCT, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Instruments
    3. Services
    4. Kits and Reagents
  7. GLOBAL STERILITY TESTING MARKET  BY TEST TYPE, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Membrane Filtration
    3. Direct Inoculation
    4. Product Flush
    5. Other
  8. GLOBAL STERILITY TESTING MARKET  BY APPLICATION , MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Pharmaceutical and Biological Manufacturing
    3. Hospitals & Clinics
    4. Medical Devices Manufacturing
    5. Other  
  9. GLOBAL STERILITY TESTING MARKET  BY REGION, MARKET SIZE IN USD MILLION (2018-2027)
    1. Americas
      1. North America
        1. US
        2. Canada
      2. Latin America
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. South Korea
      6. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Spain
      6. Rest of Europe
    4. Middle East and Africa
      1. Middle East
      2. Africa
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    4. Key Developments
  1. COMPANY PROFILES
    1. Baxter Healthcare Corporation
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
      6. Key Strategy
    2. BIOMÉRIEUX SA
    3. Charles River Laboratories Intl. Inc
    4. Merck KGaA
    5. Nelson Laboratories, LLC
    6. Sartorius AG
    7. SGS SA
    8. Thermo Fisher Scientific
    9. TOXIKON
    10. WuXi AppTec
    11. Other Key Companies
  2. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

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