Published Date : Apr 18, 2018
ALBANY, New York, April 18, 2018 - The global sterility testing market is envisaged in a report put on sale by MarketResearchReports.biz to testify a surge in growth due to the rising count of dental visits across the world. Titled “Sterility Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025,” the publication also foresees the market to benefit from increasing involvement of research institutions. The need to support rapid data reports has amplified the development of related software. Furthermore, the market is anticipated to bank on the rise in the demand for automated offerings. The exploding prevalence of rare and chronic diseases could be another factor augmenting the demand for sterility testing.
Yet, there could be more factors responsible for the burgeoning growth of the world sterility testing market: promising healthcare insurance coverage, increase in healthcare outlay, technological developments, and increasing population. Gradually rising percentage of people covered under any type of health insurance–as noted by the United States Department of Commerce–is predicted to enhance market growth in the foreseeable future. Furthermore, the demand for sterility testing could be fueled by government support for research and development, product development, mergers and acquisitions, and new product innovation. Technological advancement has resulted into the birth of new sterility testing methods that give the assurance of less operator intervention and reliable, accurate test results in less time.
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According to the report, the international sterility testing market can be classified into immunological methods, nucleic acid amplification, bioluminescence, flow cytometry, solid phase cytometry, rapid sterility test, immersion test, membrane filtration, and traditional sterility test as per the segmentation by type of test. Amongst these tests, traditional sterility test is projected to secure a lucrative growth in the market while riding on less time to receive returns on investment and low initial setup cost. In terms of application, the market has been classified into medical devices manufacturing and biopharmaceutical manufacturing. By product, the report has segregated the market into instruments and kits and reagents.
The kits and reagents segment has been prognosticated to showcase a stronger growth in the international sterility testing market due to easy product availability and the requirement of repetitive purchases. Amongst the two applications of sterility testing mentioned in the report, biopharmaceutical manufacturing has been foretold to dominate the market in the coming years. By region, North America could be in the driver’s seat of the global market due to the early adoption of advanced technology and the establishment of new biopharmaceutical firms. However, Asia Pacific is envisioned to exhibit a telling growth rate because of growing research and development investments.
The international sterility testing market includes leading players such as Sartorius AG, Thermo Fisher Scientific Inc., bioMerieux, and Merck KGaA.
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