(MENAFN - GetNews) Rapid Sterility Testing Market Segmentation by Size, growth, Companies, and evolving Technologies to Produce more Valuable Business Growth till 2023 with a CAGR of 13.4% over the forecast period. Rapid Sterility Testing Market Outlook 2023
Rapid Sterility Testing Market is expected to grow significantly over the forecast period. It is anticipated that the market held a market value of USD 158 million in 2017and is projected to grow at a CAGR of 13.4% over the forecast period. Rapid sterility testing used to detect microbial contamination in given biologic sample. It is an alternative method for sterility testing.
Some of the prominent players in the global rapid sterility testing market areCharles River Laboratories, Inc. (US), Gibraltar Laboratories (US), Merck KGaA (Germany), Rapid Micro Biosystems, Inc. (US), bioMérieux (France), Eurofins Scientific (Luxembourg), Becton, Dickinson and Company (US), FOCUS Laboratories (US), Sartorius AG (Germany), and Thermo Fisher Scientific (US).
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The factors such as Increasing R & D expense and new product launches are expected to propel the growth of the market. However, availability of alternative traditional method hampers the market growth over the forecast period.
- Rapid sterility testing Manufacturers and vendors
- Rapid sterility testing service providers
- Various research and consulting firms
- Pharmaceutical and Biotech companies
- Medical device companies
Rapid Sterility Testing Market Segmentation
The global rapid sterility testing market has been segmented into product, technology, and application.
Based on product, the market is segmented into kits & reagents, instruments, and services. The kits & reagents segment is expected to account for the largest share and fastest growing segment of the global market in 2017.
Based on technology, the market is segmented into membrane filtration, ATP bioluminescence, and others. The ATP bioluminescence segment is expected to account for the largest share segment of the global market in 2017.
Based on application, has been segmented into pharmaceutical and biological manufacturing, medical device manufacturing, other end users.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Rapid Sterility Testing Market, By Product
Chapter 7. Global Rapid Sterility Testing Market, By Technology
Chapter 8. Global Rapid Sterility Testing Market, By Application
Chapter 9. Global Rapid Sterility Testing Market, By Region
Chapter 10. Company Landscape
Chapter 11. Company Profiles
Chapter 12. MRFR Conclusion
Chapter 13. Appendix
LIST OF TABLES
LIST OF FIGURES
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Rapid Sterility Testing Market Regional Analysis
Geographically, the Americas is anticipated to dominate the global rapid sterility testing market owing to a well-established player and increased R & D expenses.
Europe is expected to hold the second largest position in the global rapid sterility testing market. The market growth in this region is attributed to the growth in the pharmaceutical and medical device industry.
The rapid sterility testing market in the Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be the fastest growing region owing to the increasing adoption of these products.
The Middle East & Africa has the least share of the market.
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MRFR leverages its in-house expertise for drawing insightful conclusions into the market. Extensive primary and secondary research are undertaken which include SEC filings, interviews with stakeholders across the value chain, whitepaper references, etc. for backing the research findings. Top-down and bottom-up approaches employed validate the authenticity of the statistical observations available in the report. Furthermore, a multi-layer verification process is applied for eliminating deviations and discrepancies.
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