Italy Pharmaceutical Sterility Testing Market Size & Outlook
Italy pharmaceutical sterility testing market, 2018-2030 (US$M)
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Italy pharmaceutical sterility testing market highlights
- The Italy pharmaceutical sterility testing market generated a revenue of USD 26.1 million in 2023 and is expected to reach USD 51.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, outsourcing was the largest revenue generating type in 2023.
- Outsourcing is the most lucrative type segment registering the fastest growth during the forecast period.
Pharmaceutical sterility testing market data book summary
| Market revenue in 2023 | USD 26.1 million |
| Market revenue in 2030 | USD 51.5 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Outsourcing |
| Fastest growing segment | Outsourcing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-House, Outsourcing |
| Key market players worldwide | Steris PLC, Sotera Health Co Ordinary Shares, Sartorius AG, Solvias, SGS AG, Labcorp Holdings Inc, Pace Analytical Services, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc, Rapid Micro Biosystems Inc Class A, Almac Group, Pacific BioLabs, Inc., Boston Analytical, Labor LS |
Other key industry trends
- In terms of revenue, Italy accounted for 1.6% of the global pharmaceutical sterility testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany pharmaceutical sterility testing market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 176.4 million by 2030.
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Pharmaceutical Sterility Testing Market Scope
Pharmaceutical Sterility Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy pharmaceutical sterility testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical sterility testing market will help companies and investors design strategic landscapes.
Outsourcing was the largest segment with a revenue share of 59% in 2023. Horizon Databook has segmented the Italy pharmaceutical sterility testing market based on in-house, outsourcing covering the revenue growth of each sub-segment from 2018 to 2030.
Biopharmaceutical products are prominent in pipelines in Italy. Italy stands out as one of the pioneering nations to bring advanced therapies into the European market. A total of 20 companies have been instrumental in developing 45 advanced therapy products, encompassing somatic cellular and gene therapies as well as regenerative medicine.
Italy has a high rate of pharmaceutical manufacturing and is one of the main markets for clinical research. Thus, rise in pharmaceutical production is expected to boost the pharmaceutical sterility testing market.
Moreover, Italy's pharmaceutical industry is growing due to increased drug demand. Italian biotech firms focus on oncology, infectious, cardiovascular, neurological, and inflammatory conditions.
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Target buyers of Italy pharmaceutical sterility testing market databook
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Our clientele includes a mix of pharmaceutical sterility testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pharmaceutical sterility testing market , including forecasts for subscribers. This country databook contains high-level insights into Italy pharmaceutical sterility testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy pharmaceutical sterility testing market size, by type, 2018-2030 (US$M)
Italy Pharmaceutical Sterility Testing Market Outlook Share, 2023 & 2030 (US$M)
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