The global pharmaceutical grade washer market size is worth around USD 319 million in 2024 and is anticipated to reach around USD 633.41 million by 2034, growing at a CAGR of 7.1% from 2024 to 2034.
Pharmaceutical grade washers ensure that all equipment and containers used in the pharmaceutical manufacturing process are thoroughly cleaned. They guarantee the safety and quality of pharmaceutical goods. The demand for pharmaceutical grade washers is rising with the increasing production of pharmaceutical goods. Moreover, stringent quality and safety standards imposed by regulatory bodies like the U.S. Food and Drug Administration and European Medicines Agency encourage pharma and biopharmaceutical companies to use cleaning equipment. The rising prevalence of diseases and growing hygiene concerns lead to high demand for sterile pharmaceutical products, thereby boosting the growth of the pharmaceutical grade washer market.
While the high cost associated with these washers may create barriers for small pharmaceutical companies, the increase in outsourcing production to CMOs is expected to boost the market growth in the coming years. CMOs often deal with large production volumes. Thus, they often require advanced cleaning solutions to maintain hygiene, safety, efficacy, and quality of produced products. In addition, the increasing production of vaccines is likely to boost the growth of the market in the coming years.
Published by Laxmi Narayan
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| Stats ID: | 7126 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7126 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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