The pharmaceutical water market is estimated to be valued at US$ 6.26 Billion In 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
The pharmaceutical water market involves the use of highly purified water in various pharmaceutical manufacturing and processing operations such as formulation of active pharmaceutical ingredients (APIs), tableting, and cleaning of equipment. Purified water acts as a solvent for formulating APIs and plays a crucial role in ensuring product bioavailability, safety, and efficacy. It is used across many pharmaceutical applications including sterile product preparation, filter integrity testing, and equipment cleaning and rinsing. Stringent regulatory standards for pharmaceutical products have propelled the demand for specialized purification technologies and real-time monitoring systems that eliminate impurities from water used in manufacturing facilities.

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