Pharmaceutical Dissolution Testing Services Market Growth Analysis By Technology, Applications, Regions, And Forecast To 2033
According to Future Market Insights, the Pharmaceutical Dissolution Testing Services Market would develop at an 8.3% CAGR between 2023 and 2033. The global market for pharmaceutical dissolution testing services is anticipated to reach a value of US$ 1,538.48 million by 2033.
The market is expected to increase primarily as a result of the rising
drug development process, increasing technological advancements, rising
awareness about the need for high-quality products, and the production of
numerous medications for various chronic diseases that require dissolution
testing.
Request Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15959
For the physical assessment of solid dosage forms, such as tablets,
capsules, ointments, and creams, dissolution testing is required. The simplest
type of testing measures the solubility or rate of dissolving a medication
tablet. Dissolution testing can be performed to assess the release rates of a
drug material under various situations and to provide details regarding the
effectiveness of in vivo performance in Absorption, Distribution, Metabolism,
And Excretion (ADME) and bioavailability studies.
Dissolution testing provides information on how quickly or slowly certain
drugs are absorbed into various body parts and, subsequently, how much they
dissolve after administration. This enables businesses to assess whether a drug
will function effectively after it enters a patient's system and whether any
negative effects brought on by slower absorption rates would occur.
Drug Release Testing Services are specialized
analytical services provided by contract research organizations (CROs) and
testing laboratories to assess the performance of drug products.
Key Takeaways from the Market Study
- By dosage form,
the tablets dosage form segment is expected to dominate the global
industry in 2023 and account for the maximum share of more than 65% of the
overall revenue.
- By dissolution
apparatus, the paddle segment is expected to dominate the industry and
account for the largest revenue share of more than 70% in 2023.
- By method, the
in-vitro method segment is expected to dominate the global market in 2023
and account for the largest share of more than 58% of the overall revenue.
- North America
is expected to dominate the global industry in 2023 and account for the
maximum share of more than 50% of the overall revenue.
- Asia Pacific is
expected to possess 33% market share for pharmaceutical dissolution
testing services market in Asia Pacific.
“Pharmaceutical dissolution testing requires specialized staff to run the
assays and prepare regulatory filings. This factor has greatly increased the
demand for professional teams to handle pharmaceutical dissolution testing,
which is predicted to have a favorable effect on the industry.” comments a Future
Market Insights analyst.
Competitive Landscape
Some of the prominent players in the global pharmaceutical dissolution
testing services market include Intertek Group Plc, Avivia BV, Almac Group,
Agilent Technologies, Inc, Catalent, Inc, Thermofisher Scientific Inc, Cambrex,
Charles River Laboratories, Boston Analytical, Pace Analytical Life Sciences,
SOTAX, AMRI, SGS SA
- In August 2022,
Almac, AstraZeneca CDx have entered into a partnership that is branching
out to new disease areas, drawing on NGS, qPCR. The company is focusing on
investing in research and development to assess and understand nature of
diseases and manufacture medication for the same.
- Avivia, a key
player in pharmaceutical dissolution testing services market is focusing
on offering full product development services to generic drug companies
and specialty pharma focused on the development of new improved versions
(value-added generics or generic plus) of established drug products.
To learn more about this report: https://www.futuremarketinsights.com/reports/pharmaceutical-dissolution-testing-services-market
Key Segments Profiled in the Pharmaceutical Dissolution Testing Services
Industry Survey
By Method:
- In Vitro
- In Vivo
By Dosage Form:
- Capsules
- Tablets
- Others
By Dissolution Apparatus:
- Basket
- Paddle
- Others
Comments
Post a Comment