Pharmaceutical Packaging Testing Equipment Market- Global Industry Analysis, CAGR 10.6% Forecast to 2023

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Global Pharmaceutical Packaging Testing
Equipment Market
Pharmaceutical Packaging Testing Equipment
Market- Global Industry Analysis, CAGR 10.6
Forecast to 2023 Global Pharmaceutical Packaging
Testing Equipment Market by Equipment permeabilit
y analyser (gas permeation tester and container
gas permeability tester), Services container
closure integrity testing ,raw material testing,
shelf life testing, microbial testing. End Users
(contract research organizations, testing
laboratories, research institutions,
pharmaceutical companies, and government
organisations), Geography (North America,
Europe, Asia-Pacific, South America, Middle East
Africa) Industry Trends and Forecast to
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Report Description

• The global pharmaceutical packaging testing
  equipment market is highly concentrated to a few
  big players and rest to local players who cater
  to domestic markets only.
• Labthink dominates the pharmaceutical packaging
  testing equipment market, accounting for a
  highest market share in 2016, followed by TM
  Electronics, Inc, West Pharmaceutical Services,
  Inc.
• Other players in this market include Qualitest
  International Inc.among others holds 10.0 of
  the global pharmaceutical packaging testing
  equipment market in 2016.

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Key Drivers

• Shortage of skilled professionals and high cost
  are the factors which may hinder the growth of
  this market.
• Many companies are increasingly focusing on
  extractables testing and vacuum and pressure
  decay testing in order to strengthen their
  product portfolios in the pharmaceutical
  packaging testing equipment market.
• Increasing demand for permeability analysers, and
  extractables testing will drive the market in
  future.

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Market Segmentation

• The global pharmaceutical packaging testing
  equipment market is
• segmented on the basis of equipment, services,
  and geography.
• The global pharmaceutical packaging testing
  equipment market is segmented into 6 types-
  permeability analyser, creasing and stiffness
  tester and texture analyser. In 2017, the
  permeability analyzer segment is expected to
  dominate the market with a share of 39.3 and is
  expected to continue this trend till 2024.
• Pharmaceutical packaging testing equipment market
  is segmented into permeability analyser, package
  drop tester, creasing and stiffness tester and
  texture analyser. Permeability analyser is
  segmented gas permeation tester and container
  gas permeability tester.
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Competitive Landscape
The global pharmaceutical packaging testing
equipment market contains an in-depth profiling
of the key market players, along with the recent
developments and strategies adopted by them to
sustain and strengthen their positions in the
market. TM Electronics, Inc. and West
Pharmaceutical Services, Inc. along with others
such as Qualitest International Inc, AMETEK Inc.,
TEN-E Packaging Services Inc, PTI packaging
technologies and inspection, Albany Molecular
Research Inc. (AMRI), Westpak, Inc. among
others
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About Data Bridge Market
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