Pharmaceutical Stability And Storage Services Market, By Service Type, By Product Type, By End User, By Geography

Description

Global pharmaceutical stability and storage services market is estimated to be valued at USD 3.18 Bn in 2024 and is expected to reach USD 4.71 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 3.18 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	5.80%	2030/2031 Value Projection:	US$ 4.71 Bn

Pharmaceutical Stability And Storage Services Market Share (%), By Region, 2024

Pharmaceutical Stability And Storage Services Market - IMG1

Global pharmaceutical stability and storage services market has been growing steadily over the past few years. Pharmaceutical products need to maintain their efficacy, safety, and quality over their shelf life. Stability testing helps to determine a drug's expiration date and ensures it meets all regulatory standards throughout its approved shelf life. Various factors like temperature, humidity, and light exposure can degrade pharmaceuticals over time. Stability testing determines the impact of external influences on drug deterioration and generates the data required to assign optimal storage conditions and expiration dates. It is crucial for developing robust packaging and maximizing a drug's shelf life and is mandated by regulatory bodies. The demand for such services is expected to increase with novel drug approvals and growing generics market worldwide.

Market Dynamics:

Global pharmaceutical stability and storage services market growth is driven by factors such as rising pharmaceutical R&D expenditure, stringent regulatory compliance for drug approval, increasing generics market, and growing demand for outsourcing of related services. However, high costs associated with these specialized testing services and lack of harmonization in global regulations continue to restrain the market growth. Emerging markets such as the Asia Pacific and Latin America offer lucrative opportunities for leading service providers to expand their geographic footprint. Furthermore, increasing demand for specialized services like accelerated stability testing and cold chain logistics worldwide will likely open up new opportunities in the near future.

Key Features of the Study:

This report provides an in-depth analysis of the global pharmaceutical stability and storage services market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global pharmaceutical stability and storage services market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
The key companies covered as a part of this study include Intertek Group plc, Eurofins Scientific, SGS Societe Generale de Surveillance SA., Q Laboratories, BioLife Solutions Inc., Cencora, Inc., Alloga, PCI Pharma Services, Pharmaserv GmbH, Catalent, Inc, Almac Group, Charles River Laboratories, Lucideon, Alcami Corporation, Element Materials Technology, Nelson Laboratories, LLC, and ALS.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global pharmaceutical stability and storage services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pharmaceutical stability and storage services market.

Detailed Segmentation:

Service Type:
- Stability
- Accelerated Stability Testing
- Photostability
- Long Term Drug Stability Testing
- Forced Degradation Testing
- Others
- Storage
- Cold Storage
- Controlled 15-25°C
- Refrigerated 2-8°C
- Frozen -24°C
- Cryogenic -170°C
- Non - Cold Storage
Product Type:
- Tablets
- Capsules
- Injectable Solutions
- Oral Suspensions
- Combination Products
- Others
End User:
- Biopharmaceutical Companies
- CMO
- CRO
- Others
Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- Intertek Group plc
- Eurofins Scientific
- SGS Societe Generale de Surveillance SA.
- Q Laboratories
- BioLife Solutions Inc.
- Cencora, Inc.
- Alloga
- PCI Pharma Services
- Pharmaserv GmbH
- Catalent, Inc
- Almac Group
- Charles River Laboratories
- Lucideon
- Alcami Corporation
- Element Materials Technology
- Nelson Laboratories, LLC
- ALS

Product Code: CMI6743

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Overview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Service Type
- Market Snapshot, By Product Type
- Market Snapshot, By End User
- Market Snapshot, By Region
- Market Scenario - Conservative, Like, Opportunistic
Market Opportunity Map

3. Key Insights

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Pest Analysis
Porters Analysis
Technological Advancement
Merger, Acquisition and Collaboration Scenario
Company Market Share Analysis
Regulatory Scenario
COVID-19 Impact Analysis
Healthcare Spending by Country
Number of Service Providers

4. Global Pharmaceutical Stability and Storage Services Market, By Service Type, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Stability, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Accelerated Stability Testing, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Photostability, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Long Term Drug Stability Testing, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Forced Degradation Testing, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Others, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Storage, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Cold Storage, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Controlled 15-25°C
Refrigerated 2-8°C
Frozen -24°C
Cryogenic -170°C
Non - Cold Storage, 2019 - 2031 (US$ Billion)
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

5. Global Pharmaceutical Stability and Storage Services Market, By Product Type, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Tablets, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Capsules, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Injectable Solutions, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Oral Suspensions, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Combination Products, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Others, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

6. Global Pharmaceutical Stability and Storage Services Market, By End User, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Biopharmaceutical Companies, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
CMO, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
CRO, 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
Others , 2019 - 2031 (US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)

7. Global Pharmaceutical Stability and Storage Services Market, By Region, 2019 - 2031, (US$ Billion)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Billion)
- Market Y-o-Y Growth Comparison (%), 2019 - 2031, (US$ Billion)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
Brazil
Mexico
Argentina
Middle East
- Introduction
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
GCC
Israel
Rest of The Middle East
Africa
- Introduction
- Market Size and Forecast, By Service Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By End User, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country/region, 2019 - 2031, (US$ Billion)
South Africa
North Africa
Central Africa

8. Company Profiles - Global Pharmaceutical Stability and Storage Services Market

Intertek Group plc
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
Eurofins Scientific
SGS Societe Generale de Surveillance SA.
Q Laboratories
BioLife Solutions Inc.
Cencora, Inc.
Alloga
PCI Pharma Services
Pharmaserv GmbH
Catalent, Inc
Almac Group
Charles River Laboratories
Lucideon
Alcami Corporation
Element Materials Technology
Nelson Laboratories, LLC
ALS

9. References and Research Methodology

References
Research Methodology
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