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DUBLIN--(BUSINESS WIRE)--Sep 30, 2022--
The "Global Extractable & Leachable Testing Services Market, By Product Tested (Container Materials/ Packaging, Single-Use, Medical Devices, Biopharmaceuticals/ Biologicals, Others), By Technique, By Region, Competition Forecast and Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The global extractable & leachable testing services market is projected to register CAGR growth in the forecast years, 2023-2027, on account of growth factors like rising concerns regarding packaging and storage of pharmaceutical products and medical devices. Increasing demands for bio-safe medical devices and the compatibility of the pharmaceutical container closure system are further driving the growth of the global extractable & leachable testing services market in the upcoming five years.
Expanding Pharma Industry Promises Market Growth
Rapidly growing investments and finances in the research sector drive the growth of the global extractable & leachable testing services market in the upcoming five years. Increasing instances of chronic diseases, infectious diseases, and lifestyle diseases have increased the demands for advancement in pharmaceuticals and medical devices. Although the requirement for the prolonged prescription of pharmaceuticals demands better storage and containers advancement such that post-manufacture and container toxicity could be avoided.
The governments and other authoritative bodies are actively investing in pharmaceutical development and advancing their container closure systems, thereby aiding the growth of the global extractable & leachable testing services market in the next five years. In the United States alone, over USD539 billion nominal spending on medicine was done in the year 2020. Moreover, the increasing value of the pharmaceutical industry in the world further supports the fact that further investments would substantiate the growth of the global extractable and leachable testing services market in the future five years. The global pharmaceutical industry was valued at USD1.27 trillion in the year 2020.
Report Scope:
In this report, global extractable & leachable testing services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Extractable & Leachable Testing Services Market, By Product Tested:
Extractable & Leachable Testing Services Market, By Technique:
Extractable & Leachable Testing Services Market, By Region:
Key Topics Covered:
1. Product Type Overview
2. Research Methodology
3. Impact of COVID-19 on Global Extractables & Leachable Testing Services Market
4. Voice of Customer
5. Executive Summary
6. Global Extractables & Leachable Testing Services Market Outlook
7. North America Extractables & Leachable Testing Services Market Outlook
8. Europe Extractables & Leachable Testing Services Market Outlook
9. Asia-Pacific Extractables & Leachable Testing Services Market Outlook
10. South America Extractables & Leachable Testing Services Market Outlook
11. Middle East and Africa Extractables & Leachable Testing Services Market Outlook
12. Market Dynamics
13. Market Trends & Developments
14. Competitive Landscape
15. Strategic Recommendations
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/gfev9m
View source version on businesswire.com:https://www.businesswire.com/news/home/20220930005517/en/
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KEYWORD:
INDUSTRY KEYWORD: PACKAGING MEDICAL SUPPLIES MEDICAL DEVICES HEALTH MANUFACTURING PHARMACEUTICAL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 09/30/2022 12:31 PM/DISC: 09/30/2022 12:32 PM
http://www.businesswire.com/news/home/20220930005517/en