Dec 19, 2017   SOURCE: BusinessWire

Global Sterility Testing Market (2017-2025): Forecast to Grow at a CAGR of 8.3% - Research and Markets

The "Global Sterility Testing Market, 2017 to 2025" report has been added to Research and Markets' offering.

The global Sterility Testing market was valued at US$ 548.2 Mn in 2016, and is expected to reach US$ 1,176.9 Mn by 2025 expanding at a CAGR of 8.38% from 2017 to 2025.

Recently there has been a changing trend in the drug discovery and development landscape primarily in the production of biological, live vaccines, large molecules and protein based injectable drugs which requires aseptic filling operations. There have been incidences where they have been exposed to human contamination during the stopper processing activity conducted during aseptic filling operations. This has led to the novel rubber formulation and launch of new techniques such as ready to sterilize and ready to use elastomeric component.

In 2016, North America held the largest revenue share mainly due to factors such as presence of key pharmaceutical and biotechnology industries involved in active research and development activities, existence of a proactive healthcare system emphasizing on quality of drug formulation and stringent guidelines sanctioned by the USFDA regarding environmental monitoring and product qualities in pharmaceutical and food industries. Asia Pacific will be the fastest growing market throughout the forecast period 2017-2025, majorly due to factors such as competitive market due to presence of existing and budding biopharmaceutical manufacturers involved in producing sterility testing reagents and equipment in these regions and supportive regulatory environment for sterility testing products.

Companies Mentioned

  • Azbil Telstar S.L.
  • Boston Analytical
  • Bioquell UK Ltd.
  • BioMerieux SA
  • Charles River Laboratories
  • Merck KGaA
  • Sartorius AG
  • SGS SA.
  • Thermo Fisher Scientific, Inc.
  • Wuxi Biologics
  • Other Notable Players

Key Topics Covered:

Chapter 1. Preface

Chapter 2. Executive Summary

Chapter 3. Sterility Testing Market: Market Dynamics and Future Outlook

Chapter 4. Global Sterility Testing Market, by Product & Services, 2015 - 2025 (US$ Mn)

Chapter 5. Global Sterility Testing Market, by Test, 2015 - 2025 (US$ Mn)

Chapter 6. Global Sterility Testing Market, by Geography, 2015 - 2025 (US$ Mn)

Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/4k79kz/global_sterility