Market Research Future published a
half-cooked research report on America sterility testing market. Americas Sterility Testing Market is Expected to Grow at a CAGR of ~9.8%
by 2023
Sterility
Testing Market Scenario:
Sterility testing is one of the important aspect in the healthcare sector. It ensures the purity and safety of a product or a substance. Sterilization of the product and devices ensures the safety of the products. The major driving factor for the growth of the market are increasing manufactures of the medical devices & products, increasing prevalence of many infectious diseases, and increasing in the R&D activities. According to the Centers for Disease Control and Prevention, in 2012, about half of all adults i.e. 117 million American had one or more chronic health problem. Increasing number of diseases has intensified the research activities, which has significantly driven the market.
Sterility testing is one of the important aspect in the healthcare sector. It ensures the purity and safety of a product or a substance. Sterilization of the product and devices ensures the safety of the products. The major driving factor for the growth of the market are increasing manufactures of the medical devices & products, increasing prevalence of many infectious diseases, and increasing in the R&D activities. According to the Centers for Disease Control and Prevention, in 2012, about half of all adults i.e. 117 million American had one or more chronic health problem. Increasing number of diseases has intensified the research activities, which has significantly driven the market.
Sterility
Testing Market Highlights:
Sterility ensures that the product meets to its
superior quality. It is widely used in cell banks and drug testing. All the
drugs, substance or any parenteral intended for human use need to be sterile as
well as all the preparation intended to human use need to be sterile before
they administered to the patients. Sterility testing should be performed in an
aseptic condition, which meets the requirement of USP. According to the survey
carried out by OECD, 11,367 biotechnological companies were present in the US
in 2015 and the number is increasing every year. Moreover, increasing number of
companies, increase the sterility test market. On the other hand, high cost of
the test, long delayed approvals and improper environmental condition may
hamper the sterility market over the projected period.
Sterility
Testing Market Key Players:
Some of the major player in the market are Charles
River Laboratories International, Inc. (US), Avance Biosciences (US), Boston
Scientific Corporation (US), Paragon Bioservices, Inc (US), Thermo Fisher
Scientific, Inc. (U.S.), Avista Pharma Solutions (US), DYNALABS LLC. (US), and
Merck KGaA (Germany)
Sterility
Testing Market Segmentation:
The Americas sterility testing market is segmented on
the basis of products, types of test, application, and end users. On basis of
type of product, the market is segmented into instrument, reagent &
services, kits, and others. On the basis of type of tests, the market is
segmented into membrane filtration sterility testing, direct incubation
sterility testing, direct transfer, and others. On the basis of application,
the market is segmented into pharmaceutical & biological manufacturing,
medical devices manufacturing, and others. On the basis of end user, they are
segmented into pharmaceuticals, hospital & laboratories, and other.
The Americas sterility testing market is expected to grow at a CAGR of 9.8% during the projected period 2017-2023
The Americas sterility testing market is expected to grow at a CAGR of 9.8% during the projected period 2017-2023
Sterility
Testing Market Intended Audience:
Product manufacturers of sterility product
Sterility testing product distributors
Government and private research companies
Research and development (R&D) companies
Hospitals and laboratories
Medical research laboratories
Sterility
Testing Market Regional Analysis:
The Americas sterility testing market is egmented into
North America and South America. North America holds the major share owing
to increasing development of new drugs, huge R&D activities, and increasing
number of pharmaceutical & biotechnological companies. Increasing prevalence
of new diseases has significantly increased the sterility testing market.
Increasing government initiatives against such diseases are also providing a
push to the market growth. South America owns the least share of the sterility
market.
Table
Of Contents
1
Report Prologue
2
Market Introduction
2.1 Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3
Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Threats
5.
Market Factor Analysis
TOC
Continued……!
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