Sterility testing Market Growth By Product Type, Procedure Scenario with Impact of New Innovations By Leading Companies
Global Sterility Testing Market – Overview:
The market is
forecasted to demonstrate a gradual growth by 2023, global Sterility Testing Market
is expected to grow at a CAGR of 12.3 % during forecasted period 2017-2023.
Sterility testing
is done by two methods: membrane filtration for aqueous, oily, alcoholic and
other miscible solutions and direct inoculation for concentrated product.
Pharmaceutical companies have to follow sterility testing that is compliant
with both U.S. Pharmacopeia and European Pharmacopoeia regulations. A
bacteriostasis and fungistasis test is also carried out to check whether the
test product inhibits the growth of microorganisms or not. The technician performing
the sterility test must be appropriately gowned in sterile garments that
prevent microbial contamination into the clean room.
The market is
growing with incremental growth during the forecast period. The key factor driving
the growth of the market is increasing number of pharmaceutical &
biotechnological companies, medical devices companies, life science research
institutes and other companies producing materials that claim to be free from
viable microorganisms.
Major Players:
·
Avance Biosciences
·
Boston Scientific Corporation
·
Paragon Bioservices, Inc
·
Merck KGaA
·
Thermo Fisher Scientifi
·
Charles River Laboratories International
·
Avista Pharma Solutions
·
Dynalabs LLC
·
WuXi AppTec Group
·
bioMérieux SA
·
SGS S.A
·
Eurofins
Global Sterility Testing Market - Competitive Analysis
The global market of
sterility testing is very vast and the market can be divided depending on
product type, types of test, application, and end users. Due to advancement in
technology and high healthcare expenditures, America accounts for the largest
share of sterility testing market. Some of the major players in sterility
testing market responsible for growth are: Merck Group, Eurofins, Thermo Fisher
Scientific Inc, WuXi AppTec Group and others.
Eurofins an
international group of laboratories in Brussels, provides GMP testing tothe pharmaceutical, food, environmental, agriscience and consumer
products industries and
to governments. On 1st January 2018, Eurofin’s pharmaceutical testing
department was transferred to a separate legal unit and was named Eurofins
BioPharma Product Testing NZ Limited (Eurofins BPT NZ). It provides
several GMP testing for the pharmaceutical industry including full
microbiological testing, raw materials analysis, and others. This change
will allow Eurofins to provide a dedicated GMP Testing unit in New Zealand and
enable customers to access the full support of Eurofins Global BioPharma
Product Testing group.
Founded in 1668, Merck
Group a multinational German pharmaceutical, chemical and Life Science Company
headquartered in Darmstadt, and is one of the largest and oldest pharmaceutical
company worldwide.
Sterility Testing – Segmental Analysis
·
MRFR’s report offers a detailed segmental analysis of
the market based on product type, test type, end-user, and region.
·
By product type, the market has been segmented into
consumables, instruments, and services. Services are further segmented into
stability testing, sterility assurance tests, cleaning and disinfection, and
sterility validations. The sterility assurance test segment is anticipated to
be worth USD 151.6 million by 2023.
·
By test type, the market is segmented into product
flush sterility testing, direct transfer sterility testing, membrane filtration
sterility testing, and others. The membrane filtration sterility testing
segment can touch a valuation of USD 348.6 million by 2023. Membrane filtration
is a method used in filtering microorganisms or bacteria capable of infecting
solutions. Benefits such as testing in large volumes and inhibiting bacterial
growth are expected to spur segment growth till 2023.
Major end-users include
academic and research laboratories, hospitals and clinics, pharmaceutical
companies, and others.
Comments
Post a Comment