Sterility Testing Market is Set to Grow at a CAGR of 12.1% (2017-2025)

Posted on 2018-07-19 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Jul-19 — /EPR Network/ — According to Goldstein Research, global sterility testing market is expected to reach USD 1.3 billion by 2025, expanding at a CAGR of 12.1% over the forecast period, 2017-2025. Substantial enlargement of the biotechnology and pharmaceutical sectors, advanced penetration of the kit-based testing and repeat purchase requirement in the sterility testing market, increasing drug approvals cases, growth in R&D investments in life science research tends to drive the sterility testing market. Global sterility testing market segmentation has been done on the basis of product, test, application and geography. Based on product, kits and reagents held 40% market share of overall sterility testing market that can be attributed to the requirement of the repeat purchase of these products coupled with the increasing preference for kit-based testing. Global Sterility testing market is dominated by North America region, with 45% market share in 2017 owing to the presence of a wide consumer base including pharma companies, biological research centres and healthcare services. APAC is the fastest growing region, on the account of rising trend of outsourcing pharmaceuticals to China and India and high expenditure spending on life science research projects.

Browse Full Report: https://www.goldsteinresearch.com/report/global-sterility-testing-market

Market Segmentation

On the basis of our in-depth analysis, Global Sterility Testing Market can be segmented as follows:

By Product

Services
Kits And Reagents
Instruments

By Test

Direct Inoculation
Membrane Filtration
Other Sterility Tests

By Application

Medical devises Manufacturing
Pharmaceutical And Biological Manufacturing
Other Applications

By region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Global (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Global) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Global, New Zealand and Rest of Global) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Sterility Testing Market Outlook 2024” contains a detailed overview of the Sterility testing market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product, test and application.

Further, for the in-depth analysis, Global Sterility Testing Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as WuXi AppTec, SGS SA, Charles River Laboratories International, Inc., Thermo Fisher Scientific, Inc., Sartorius AG, bioMérieux SA, Merck, Danaher Corporation, Nelson Laboratories, Pacific Biolabs, Toxikon Corporation., Rapid Micro Biosystems, Inc., Sigma-Aldrich Co. LLC., Gibraltar Laboratories, Pace Analytical Services, Inc., BioConvergence LLC, Baxter Healthcare Corporation, Boston Analytical, Neopharm Labs Inc., LexaMed LTD, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Global Sterility testing market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-sterility-testing-market

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Global, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Healthcare Industry Analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in a rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Matched content

Editor’s pick