Asia
Pacific sterility testing market Highlights
Sterility
testing ensures the product meets the superior quality. It is widely used in
cell banks and drug testing. All the drugs, medical devices, substance or any
parenteral intended for human use need to be sterile in order to avoid any
infection or contamination. Many standard pharmacopoeia have mentioned the
standard sterility procedures and that must be followed by the pharmaceutical
and biotechnological companies operating in that region. Increasing prevalence
of diseases and increasing number of pharmaceutical companies lead the
sterility testing market significantly
Various leading companies such as Thermo Fisher
Scientific, Inc. and Charles River Laboratories International, Inc. are in the
competition of discovering the new methods for sterility. Saturation of the
companies in the market has increased the competition in the market.
Some of the major player in the market are Avance
Biosciences (U.S.), Boston Scientific Corporation (U.S.), Paragon Bioservices,
Inc (U.S.), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (U.S.),
Charles River Laboratories International, Inc. (U.S.), Avista Pharma Solutions
(U.S.), and DYNALABS LLC. (U.S.)
There are
incidence reported where smoking causes the lung cancer. Increase in the
consumption of cigarette in the Americas, rising the patient suffering with
lung cancer. According to World Health Organization (WHO) tobacco kills more
than 7 million people each year, of which more than 6 million deaths are the
result of direct tobacco use. Lung cancer is the leader with a whopping 37% of
deaths. There are huge patient base suffering with chronic disease such as
cancer, thus the demand of Cell Counting devices is increasing rapidly in
coming future.
Table of Contents
1 Report Prologue
2 Market
Introduction
2.1 Introduction
2.2 Scope of Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3 Research
Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary research
3.4 Market Size
Estimation
4. Market
Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic
Indicators
4.6 Technology Trends
& Assessment
5. Market Factor
Analysis
5.1 Porters Five Forces
Analysis
5.1.1 Bargaining Power
of Suppliers
…Continued.
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Regional Analysis
Japan dominates the Asia Pacific sterility testing
market owing to the increasing number of drug approvals and high spending on
quality control. China accounts for the second largest market, which is
followed by India due to huge population base, rapidly changing economy,
increasing healthcare expenditure, and increasing number of pharmaceutical
& biotechnological companies. Recent economic data suggest that China and Southeast
Asia are poised to join the ranks of the high-growth Asian economies such as
Korea and Taiwan. Since the per capita gross domestic product of China is
increasing, which will boost the growth of the market in this region. The World
Bank estimates that over the next ten years, East Asia will grow twice as fast
as any other regions in the world. Additionally, increasing government
initiatives is providing a push to the market growth. Rest of Asia Pacific
holds the least share in the market.
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