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Global Sterility Testing Market Research Report Analysis and Forecast 2021-2027

05-18-2022 05:42 PM CET | Health & Medicine

Press release from: VynZ Research

Sterility Testing Market

Sterility Testing Market

According to latest research by VynZ Research: The global sterility testing market is anticipated to grow at an 8.5% CAGR during 2021-2027. The growth in pharmaceutical and biotech industries, mounting R&D projects in the life science sector, and surge in demand for sterilized products in the healthcare sector will propel the growth of the sterility testing market. Also, increased government funding, mounting healthcare costs, and rising usage of technologically developed tools in medical organizations will further drive the growth of the market.

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Nevertheless, the increasing trend for the epidemiology market led to a rise in the adoption of technologically developed visual diagnostic equipment in the healthcare sector in developing countries will offer lucrative opportunities for the growth of the sterility testing market.

COVID-19 Outbreak:

The COVID-19 outbreak has prompted pharmaceutical and biotechnology companies to emphasize R&D activities so as to detect and treat the SARS-CoV-2 infection. The rising number of cases has forced industry players and research institutions to go beyond conventional medicine or therapies, leading to huge investments so as to develop novel products. This has propelled the growth of the sterility testing market.

Market Segmentation:

The pharmaceutical and biological manufacturing segment is expected to have the largest share in the sterility testing market by 2027, based on application. This increase can be ascribed to growing regulatory intervention as the importance of sterility testing techniques in the pharmaceutical manufacturing process grows. Several regulators have developed a variety of scientifically sound and product-specific standards to ensure that these harmonized methodologies are followed and that needless risk is avoided, resulting in segmental expansion in the forthcoming years.

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The global sterility testing market was dominated by North America. During the forecast period, technological advances, quick adoption of newer technologies, and the presence of a large number of pharmaceutical and medical device suppliers are expected to boost the sterility testing market in North America.

In October 2021, WuXi Advanced Therapies Inc., a wholly-owned subsidiary of WuXi AppTec, has announced the launch of a new process development and commercial manufacturing facility in Shanghai's Lin-gang. The new plant will augment WuXi ATU's global footprint as its fourth production location, and will further connect with other facilities in the United States, United Kingdom, and China to provide global clients with increased capacity and efficient services.
For viral vectors and cell treatments, the Lin-gang facility provides comprehensive development, manufacturing, and testing services. It includes an isolated liquid distribution center and an independent GMP standard sterile filling isolator, as well as more than 200 independent suites and six entire production lines.

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These resources will help WuXi ATU expand its global operations, giving consumers more flexibility and speed in the delivery of viral vectors and cell therapies

The key industry players in the global sterility testing industry include Merck KGaA, SGS S.A, Pacific Biolabs, Thermo Fisher Scientific Inc., Charles River Laboratories International, Inc., Sartorius AG, Biomérieux SA, and Wuxi Apptec.

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VynZ Research
Call: +91-996-028-8381
Toll-Free (U.S. and Canada): +1-888-253-3960
Email: marketing@vynzresearch.com

About VynZ Research:
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.

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