Sterility Testing Market 2018-2024: Market Size, Applications & Future Prospects
Posted by Yash Chauhan on February 28th, 2019
The global sterility testing market is growing at a significant rate due to the evolution of pharmaceutical & biotechnology companies, a mounting number of drug introductions. Different products such as instruments, kits & reagents, and services contributed to the sterility testing market size. The market has witnessed a high demand for kits & reagents in the coming years due to a mounting inclination for kit-based testing and requirement of the frequent consumption of these products.
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On the basis of application, the market is subdivided into pharmaceutical and biological manufacturing, medical device manufacturing, and others.
Evolution of pharmaceutical & biotechnology companies, a mounting number of drug introductions, the escalating occurrence of chronic diseases, government assistance for pharmaceutical and biotechnology industries, and expanding research and development assets in life sciences are the primary growth drivers for sterility testing market.
North America is the largest sterility testing market as in the region the new biopharmaceutical companies are established, and pharmaceutical and biotechnology industries occupied in vigorous research and development activities.
Asia-Pacific is observed to witness the fastest growth in the market, due to mounting expenditure on life science research, and growing biopharmaceutical manufacturers.
Key players in the sterility testing market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. Merck KGaA, SGS S.A, Pacific Biolabs, Thermo Fisher Scientific Inc., Charles River Laboratories International, Inc., Sartorius AG, Biomérieux SA, and Wuxi Apptec are the key players offering sterility testing products.
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About the AuthorYash Chauhan
Joined: February 25th, 2019
Articles Posted: 106
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