Furthermore, Pharmaceutical Equipment Testing  market research report intensely analyses the potential of the market with respect to existing scenario and the future prospects by considering all industry aspects of ABC industry. Not to mention, to do well in this competitive market place, market research report plays a very central role by offering important and consequential market insights for the business. With a full devotion and commitment, Pharmaceutical Equipment Testing  market research report has been presented with the best realistic service and recommendations which can be trusted confidently. To grow higher in this competitive era, it’s better to choose market analysis report.

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Data Bridge Market Research analyses that the pharmaceutical equipment testing market which is USD 10.0 billion in 2022, is expected to reach USD 15.1 billion by 2030, at a CAGR of 5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
 
 
Market Definition
 
Pharmaceutical testing includes API formulation, dosage form testing and processing, friability testing, and many other applications. Pharmaceutical testing occurs at all stages of the formulation, development, and manufacturing processes.Some of the major players operating in the medical gases-equipment market are Linde plc, Air Products Inc., Air Liquide, Atlas Copco AB, Messer SE & Co. KGaA, GCE Group, Praxair Technology, Inc., SOL SpA, MATHESON TRI-GAS, INC., Rotarex, Medical Gas Solutions Inc., Amico Group of Companies, BeaconMedaes, DCC plc, TAIYO NIPPON SANSO CORPORATION, Ohio Medical, Airgas, Inc., and Allied Healthcare Products, Inc., among others.
 
Some of the major players operating in the pharmaceutical equipment testing market are:
 
SGS Société Générale de Surveillance SA (Switzerland)
 
Envigo (U.S.)
 
Thermo Fisher Scientific Inc. (U.S.)
 
Pace Analytical Services, LLC (U.S.)
 
Intertek Group plc (U.K.)
 
Dynalabs (U.S.)
 
RD Laboratories Inc. (U.S.)
 
ADPEN Laboratories Inc. (U.S.)
 
West Pharmaceutical Services, Inc. (U.S.)
 
Boston Analytical (U.S.)
 
Microbac Laboratories Inc. (U.S.)
 
Charles River Laboratories (U.S.)
 
ARL Bio Pharma, Inc. (U.S.)
 
TASI Group (U.S.)
 
Pharmaceutical Equipment Testing Market Dynamics
 
Drivers
 
  • Increase in R&D activities
An increase in R&D activities, collaborations, and strategic partnerships is expected to drive market growth. For instance, in November 2021, Alcami Corporation, Inc. announced the signing of a master laboratory services agreement with Novavax. With this agreement, Novavax immediately secured full-time equivalent (FTE) resources to provide analytical testing support for its recombinant nanoparticle protein-based COVID-19 vaccine candidate with Matrix-M adjuvant.
 
  • Rise in prevalence of various diseases
One of the major factors driving the growth of this market is the increase in demand for high-quality medicines. The prevalence of various diseases such as cancer, cardiovascular disorders, respiratory disorders, and diabetes is increasing at an alarming rate around the world. This has resulted in increased R&D activities across various regions, fueling the growth of the global pharmaceutical equipment testing market during the forecast period.
 
Opportunities
 
  • Rise in analytical testing of safety and efficacy of drugs
According to the FDA Drug Recall Statistics posted on July 2021, approximately 1,279 drugs are recalled globally each year, with 94% of Food and Drug Administration (FDA) drug recalls occurring in the United States, followed by 4% of FDA drug recalls occurring in Canada. The FDA issued 12,028 drug recalls in the United States between 2012 and 2021. This highlights the importance of testing products and ensuring public safety before they are marketed. Medicines are designed to improve outcomes in humans and animals because poor quality medicines harm patients' health and funding systems. As a result, analytical testing is critical in ensuring the safety and efficacy of drugs.
 
 
Table of Content:
 
Part 01: Executive Summary
 
Part 02: Scope of the Report
 
 
Part 04: Global Pharmaceutical Equipment Testing  Market Sizing
 
Part 05: Global Pharmaceutical Equipment Testing  Market Segmentation By Product
 
Part 06: Five Forces Analysis
 
Part 07: Customer Landscape
 
Part 08: Geographic Landscape
 
Part 09: Decision Framework
 
Part 10: Drivers and Challenges
 
Part 11: Market Trends
 
Part 12: Vendor Landscape
 
Part 13: Vendor Analysis
 
 
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