Extractable & Leachable Testing Services Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Product Tested (Container Materials/ Packaging, Single-Use, Medical Devices, Biopharmaceuticals/ Biologicals, Others), By Technique (Spectrometry, Spectroscopy, Total Organic Carbon, Conductivity, Others), By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationExtractable & Leachable Testing Services Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Product Tested (Container Materials/ Packaging, Single-Use, Medical Devices, Biopharmaceuticals/ Biologicals, Others), By Technique (Spectrometry, Spectroscopy, Total Organic Carbon, Conductivity, Others), By Region
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.
Extractables are chemical species or chemical compounds that can get extracted and mixed with the pharmaceutical product kept in the container if the container undergoes gamma radiation for any purpose. In simpler terms, the pharmaceutical containers or medical devices are sometimes made of specific toxic material that is otherwise harmless, but if the container undergoes gamma radiation for sanitization process, etc. these chemical compounds get extracted from the containers or medical devices and contaminate the pharmaceutical or disrupt the functioning of medical devices causing potential threat for later consumption.
Leachable are similar compounds that leach into the pharmaceutical drug from the container closure system under normal conditions, along with the severity of the environmental conditions. Leachable does not necessarily require gamma radiations, unlike extractable. Extractables need extreme changes in the environment, like the presence of strong solvents, elevated temperatures, and gamma radiations. In comparison, leachable is released due to additives or steps during the manufacturing process, such as release agents, coatings, etc.
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.
In the United States alone, over USD539 billion nominal spending on medicine was done in the year 2020
The global pharmaceutical industry was valued at USD1.27 trillion in the year 2020.
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Market Segmentation
The global extractable & leachable testing services market segmentation is based on product tested, technique, regional distribution, and competitive landscape.
Based on the product tested, the market is bifurcated into container materials/ packaging, single-use, medical devices, biopharmaceuticals/ biologicals, and others. By technique, the market is segmented into spectrometry, spectroscopy, total organic carbon, conductivity, and others. The market analysis also studies the regional segmentation, divided among the Asia-Pacific region, North American region, European region, South American region, and the Middle East & African region.
Company Profile
SGS S.A., Intertek Group plc., ALS Limited, Smithers MSE Limited, Eurofins Scientific SE, Toxikon Corp. (LabCorp), Avomeen, LLC, Sartorius AG, Pacific BioLabs Inc., Dalton Pharma Services, are enlisted in a partial list of major market players of the global extractable & leachable testing services market.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Tested · Technique |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia. |
| Key companies profiled | SGS S.A., Intertek Group plc., ALS Limited, Smithers MSE Limited, Eurofins Scientific SE, Toxikon Corp. (LabCorp), Avomeen, LLC, Sartorius AG, Pacific BioLabs Inc., Dalton Pharma Services |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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