Global Sterility Testing Market – Analysis and Forecast To 2024 | Sartorius AG, Biomérieux SA.

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 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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Strict regulatory frameworks, time exhausting sanction processes, and scarcity of expert professionals are the major challenges for the growth of sterility testing market.

Globally, the manufacturing companies trying to enter the sterility testing market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness the fastest growth in the market, due to mounting expenditure on life science research, and growing biopharmaceutical manufacturers. In addition, intensifying occurrence of chronic diseases, a supportive regulatory environment, and the budding inclination of pharmaceutical outsourcing are also creating a positive impact on the sterility testing market growth in the region.

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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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