- Instruments
- Kits and Reagents
- Services
Sterility Testing Market size was valued at USD 1,425.7 million in 2022 and is expected to grow at a 11.6% CAGR from 2023 to 2029. Sterility testing is used to determine the presence or absence of live bacteria or any other microorganisms which are capable of reproduction and replicating. Sterility testing is mainly carried out in pharmaceuticals, medical devices and biotechnological to examine the raw material quality, process control, and end product validation. The increasing demand for sterilized products in the future, increasing innovations and developments in the sterility testing technologies, rising incidence of chronic disease among the population is expected to increase the demand for sterility testing market thus are expected to drive the growth of sterility testing market. In addition, the expansion and increasing investments in research and developments in life sciences along with private and public fundings is expected to fuel the growth of sterility testing market in the forecasted years. Major market key players are focusing on business tactics like acquisitions, mergers, collaborations, and development of new technologies is expected to propel the market growth over the forecasted period. Furthermore, increasing number of pharmaceutical products and increasing demand for sterile parenteral dosages forms is expected to provide opportunity to the key market players in the forecasted years.However, lack of skilled person and highly trained professionals in handling the sterility testsand high prices are expected to challenge the sterility testing market growth over the forecasted years. In addition, strict laws and regulations imposed by the government in regulatory frameworks, their delayed approvals and entry of new key player in the market is expected to hinder the growth of sterility testing market in the forecasted years.
Sterility Testing Market Key Developments:
In June 2022, STEMart launched comprehensive microbiology and sterility testing for sterile, non-pyrogenic medical devices.
In March 2022, AUSTAR launched isolator workstation for sterility testing in two models, Uni Directional Air Flow and Turbulent.
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The sterility testing market is expected to grow over the forecasted period owing to the increasing demand for sterilized products, rising incidence of chronic diseases caused by infections, increasing pharmaceutical industries across the globe, and increasing demand for parenteral dosage forms in the market are expected to drive the sterility testing market over the forecasted years. In addition, increasing number of product launches and advancement of technologies and increasing investment in the research and development by the key market players is expected to boost the growth of sterility testing market over the forecasted years. However, the high cost and lack of skilled and trained professionals are expected to hinder the market growth over the forecasted period.
Sterility Testing market was valued at USD 1,425.7 million in 2022 and is expected to grow at a 11.6% CAGR from 2023 to 2029
Rising pharmaceutical industries across the globe, increasing development of products and new launches are expected to drive the market growth in this region.
The leading players in the global Sterility Testing market are Pacific Bio Labs, STERIS, Boston Analytica, Nelson Laboratories LLC, Sartorius AG, SOLVIAS AG, Laboratory Corporation of America Holding, STEMart, Charles River Laboratories, AUSTAR, Rapid Micro Biosystems, Inc.
Lack of skilled and highly trained professionals, and high cost are expected to hinder the sterility testing market growth over the forecasted years.