Efficacy testing is an essential process that is carried out
to determine the effectiveness of a particular product or treatment. It is a crucial
step in the development of pharmaceuticals, cosmetics, and other consumer
products. Efficacy testing involves rigorous scientific evaluation to establish
whether a product is capable of delivering the claimed benefits.
The primary objective of efficacy testing is to ensure that
a product is safe for human use and can deliver the desired results. The
process involves various tests and experiments, which are designed to determine
the effectiveness of a particular product. These tests are conducted using both
in-vitro and in-vivo methods, which involve testing the product on cells and
animals, respectively.
In-vitro tests involve using cell cultures and other
laboratory-based techniques to evaluate the effectiveness of a product. These
tests are useful for identifying potential problems early on in the development
process, allowing scientists to modify the product accordingly. In-vivo tests,
on the other hand, involve testing the product on animals to evaluate its
effectiveness and safety before human testing.
Efficacy testing is critical in the pharmaceutical industry,
where the development of new drugs is heavily regulated by governing bodies
such as the FDA. Before a new drug can be approved for human use, it must
undergo rigorous efficacy testing to ensure that it is safe and effective. The
same applies to cosmetics and other consumer products that claim to deliver
specific benefits.
The importance of efficacy testing cannot be overstated, as
it is the only way to determine whether a product is capable of delivering the
claimed benefits. Failure to conduct efficacy testing can result in the release
of unsafe and ineffective products, which can be harmful to human health and
can lead to significant financial losses for companies.
In conclusion, efficacy testing is a crucial step in the
development of pharmaceuticals, cosmetics, and other consumer products. It is a
rigorous scientific evaluation that determines the effectiveness of a
particular product and ensures that it is safe for human use. The use of both
in-vitro and in-vivo methods in efficacy testing is necessary to identify
potential problems early on in the development process and to ensure that the
product is effective and safe for human use.
The global market for efficacy testing is expected to
experience growth in the coming years, primarily driven by regulations for
pharmaceutical and cosmetic products that address product safety. The efficacy
of the active pharmaceutical ingredient (API) is a key concern in the market,
and as a result, various methods of preservative efficacy testing (PET) have
been developed and advanced by standards organizations, regulatory agencies,
and industry organizations over the past decade. Regulatory bodies such as the
International Conference on Harmonization of Technical Requirements for
Registration of Pharmaceuticals for Human Use (ICH) and Good Clinical Practice
(GCP) aim to meet the good documentation standard and ensure scientific soundness
of pharmaceutical products.
The COVID-19 outbreak has brought the importance of
institutional and household disinfection to the forefront to prevent the spread
of the disease. Consumers responded by panic-buying disinfecting products to
keep their homes virus-free, resulting in synthetic disinfectants running out
of stock at retail stores. To respond to this, retailers restocked their
shelves with green disinfectants, and the Environmental Protection Agency (EPA)
added many natural disinfectants to its "approved" list for fighting
COVID-19. This development reflects a shift towards more environmentally
friendly and sustainable disinfecting products, which could further drive the
growth of the efficacy testing market.
Several government agencies worldwide have announced special
financial aid towards the development of preventive and curative drugs, the
purchase of critical care medical devices, and the fast-track approval of
diagnostic tests to combat the COVID-19 pandemic. To further strengthen the
fight against the pandemic, organizations such as the Bill and Melinda Gates
Foundation (BMGF) and Wellcome Trust have also joined hands to accelerate the
efforts.
The COVID-19 pandemic has caused widespread disruptions in
healthcare systems worldwide, with hospitals struggling to cope with the
increasing number of patients. To address the surge in disease incidence,
temporary hospitals were set up. As a result, the growing awareness about
hygiene, health, and safety has led to a surge in demand for cleaning and
disinfection products.
In the post-COVID-19 scenario, the demand for surface
disinfectants is expected to rise due to the potential threat of the virus
re-emerging. This could lead to the emergence of new players in the surface
disinfectants market, thereby boosting the demand for disinfectant efficacy
testing.
The growth of the efficacy testing market can be attributed
to several factors, including the outsourcing of research and development by
the pharmaceutical sector and the increasing adoption of the quality by design
(QbD) approach. In an effort to reduce operational and manufacturing costs and
minimize financial risk, pharmaceutical companies are increasingly outsourcing
their R&D activities to private contract research organizations (CROs).
This trend is expected to continue, leading to an increase in demand for
efficacy testing products.
For example, in a recent collaboration, Emyria Limited
partnered with PsychoGenics to use their next-generation automated testing
platform, SmartCube, to conduct drug discovery activities. Such collaborations
are expected to contribute to the growth of the efficacy testing market over
the forecast period.
Additionally, the biopharmaceutical industry is investing
heavily in R&D activities. According to the IFPMA’s 2021 report, the annual
R&D spending by the biopharmaceutical industry is significantly higher than
that of other industries such as aerospace and defense, chemicals, and software
and computer services. With the increasing R&D in the biopharmaceutical
industry, the adoption of the QbD approach is also increasing, leading to
further market growth.
However, the time investment required for testing procedures
may pose a challenge to the growth of the efficacy testing market. Despite this
obstacle, the overall trend is positive, and the market is expected to
experience growth over the coming years.
Efficacy Testing Market Dynamics
Drivers in Efficacy
Testing Market
The global efficacy testing market is expected to grow due
to the increasing adoption of the Quality-by-Design approach, which emphasizes
the importance of designing and building quality into pharmaceutical products
during the manufacturing process. This approach recognizes that quality
problems are often related to product design and not just the testing or
analysis of the final product. However, the market faces challenges due to the
adverse effects of chemical disinfectants. Many chemical disinfectants available
in the market are toxic and can cause harm to cleaning personnel, building
occupants, and the environment. Sodium hypochlorite, for example, is a commonly
used disinfectant that is effective against pathogens but can also be highly
corrosive and a respiratory irritant. Improper use of these disinfectants can
also pose environmental hazards and harm patients. Disinfectants are regulated
under the FIFRA and must be registered with the EPA, which classifies them as
pesticides. As of now, there is no green certification available for
disinfectants in the market.
As demand for greener solutions continues to increase due to
growing end-user population, the use of traditional disinfectants is becoming
limited, with manufacturers forced to develop newer and less harmful
alternatives. In response to this trend, Clorox Healthcare launched the Clorox
Healthcare Versa-Sure Cleaner Disinfectant Wipes in 2021, which are
alcohol-free and less corrosive to human eyes.
Opportunities in
Efficacy Testing Market
Emerging economies in the Asia Pacific region, such as
India, Brazil, and South Africa, present significant opportunities for players
in the efficacy testing markets. With the rapidly increasing aging population,
rising patient volumes, growing per capita income, and rising awareness, the
demand for advanced healthcare services is also increasing in these countries.
Disinfectant efficacy testing accounted for the largest
share of the efficacy testing market in 2021. This is due to the rising
awareness of personal and environmental hygiene and the increasing use of
surface disinfectants, coupled with technological advancements and rising
R&D investments by key players to develop innovative technologies in the
market.
The efficacy testing market is segmented by application into
pharmaceutical manufacturing applications, cosmetics and personal care product
applications, consumer product applications, and medical device applications.
The pharmaceutical manufacturing applications segment was the largest
contributor to the market in 2021, and it is expected to have the highest CAGR
during the forecast period. Pharmaceutical companies require a significant
amount of analytical testing to support their products from discovery to
manufacturing and marketing. This is compelling companies to continuously
conduct testing or opt for testing services to improve product quality and
efficacy. However, this places a financial burden on companies, leading them to
outsource testing services to maintain flexibility and utilize technical
capabilities not available in-house.
In 2021, North America held the largest share of the
efficacy testing market. The high R&D expenditure, strong presence of major
service providers, and rising outsourcing of analytical testing (including
efficacy testing) by pharmaceutical and cosmetic companies are the key drivers
for market growth in the region. Many of the world's leading corporations are
headquartered in the region, and others have also focused on expanding their
capabilities to improve their scope.
The prominent players in Efficacy Testing Market
- EUROFINS SCIENTIFIC
- CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
- WUXI APPTEC
- SGS SA
- INTERTEK GROUP PLC
- MICROCHEM LABORATORY
- ACCUGEN LABORATORIES, INC.
- PACIFIC BIOLABS
- NORTH AMERICAN SCIENCE ASSOCIATES
- TOXIKON
- BIOSCIENCE LABORATORIES, INC.
- CONSUMER PRODUCT TESTING COMPANY (CPTC)
- ALMAC GROUP
- MSL SOLUTION PROVIDERS
- NELSON LABORATORIES, LLC (A SOTERA HEALTH COMPANY)
- ALS LIMITED
- ABBOTT ANALYTICAL
- BLUTEST LABORATORIES LIMITED
- LUCIDEON
- HELVIC LABORATORIES (A TENTAMUS COMPANY)
- PROCTER & GAMBLE
- THE CLOROX COMPANY
- 3M
- RECKITT BENCKISER GROUP PLC
- ECOLAB
- STERIS
- CANTEL MEDICAL
- DIVERSEY HOLDINGS LTD.
- CARROLLCLEAN
- PAUL HARTMANN AG
Recent Developments in Efficacy Testing Market
The efficacy testing market has seen several recent
developments. In 2021, Eurofins Scientific acquired bioskin GmbH, a German
dermatology-focused CRO, to improve their position in cosmetic product testing.
Intertek Group plc expanded their Health, Environmental, and Regulatory
Consultancy business lines in Spain and Russia the same year. In 2020, 3M
launched the TB Quat Disinfectant Ready-to-use Cleaner, while Ecolab acquired
Holchem Group to bolster their hygiene and cleaning products and services
portfolio for the food and beverage, food service, and hospitality industries.
In 2019, Diversey Holdings Ltd. announced a strategic alliance in the North
American industrial and institutional cleaning market, aimed at providing
solutions for complete facility disinfection, cleaning, and air care for specific
applications.
The efficacy testing market has seen significant
developments in recent times, driven by the growing need for advanced
healthcare services, rising awareness about personal hygiene, and increasing R&D
investments by key players.
One of the major trends in the market is the growing demand
for greener and safer disinfectants. With the increasing end-user population
demanding greener solutions, manufacturers are being forced to develop newer
and greener alternatives that are less corrosive to human eyes. For instance,
Clorox Healthcare recently launched the new Clorox Healthcare Versa-Sure
Cleaner Disinfectant Wipes that are alcohol-free, in line with this trend.
Another trend is the rising demand for disinfectant efficacy
testing in emerging economies such as India, Brazil, and South Africa. The need
for advanced healthcare services in these economies is mainly driven by the
rapidly increasing aging population and the rising number of patient volumes,
growing per capita income, and rising awareness. Healthcare infrastructural
improvements, such as the establishment of new facilities, have been a key
trend in emerging markets, alongside rising awareness on the sterilization of
medical products.
The disinfectant efficacy testing segment accounted for the
largest share of the efficacy testing market in 2021. Rising awareness of
environmental & personal hygiene has resulted in the increasing production
and use of surface disinfectants. Also, technological advancements and rising
R&D investments by key players to deliver novel technologies in the market
are factors driving the growth of the segment.
Overall, the efficacy testing market is expected to witness
significant growth in the coming years, driven by the growing demand for
advanced healthcare services, rising awareness about personal hygiene, and
increasing R&D investments by key players to develop newer and greener
alternatives.
1.
Research Sources
We at Zettabyte Analytics have a
detailed and related research methodology focussed on estimating the market
size and forecasted value for the given market. Comprehensive research
objectives and scope were obtained through secondary research of the parent and
peer markets. The next step was to validate our research by various market
models and primary research. Both top-down and bottom-up approaches were
employed to estimate the market. In addition to all the research reports, data
triangulation is one of the procedures used to evaluate the market size of
segments and sub-segments.
Research Methodology
1.1. Secondary Research
The secondary research study involves various sources and databases used
to analyze and collect information for the market-oriented survey of a specific
market. We use multiple databases for our exhaustive secondary research, such
as Factiva, Dun & Bradstreet, Bloomberg, Research article, Annual reports,
Press Release, and SEC filings of significant companies. Apart from this, a
dedicated set of teams continuously extracts data of key industry players and
makes an extensive and unique segmentation related to the latest market
development.
1.2. Primary Research
The primary research includes gathering data from specific domain
experts through a detailed questionnaire, emails, telephonic interviews, and
web-based surveys. The primary interviewees for this study include an expert
from the demand and supply side, such as CEOs, VPs, directors, sales heads, and
marketing managers of tire 1,2, and 3 companies across the globe.
1.3. Data Triangulation
The data triangulation is very important for any market study, thus we
at Zettabyte Analytics focus on at least three sources to ensure a high level
of accuracy. The data is triangulated by studying various factors and trends
from both supply and demand side. All the reports published and stored in our
repository follows a detailed process to obtain a reliable insight for our
clients.
1.4. In-House Verification
To validate the segmentation
and verify the data collected, our market expert ensures whether our research
analyst is considering fine distinction before analyzing the market.
1.5. Reporting
In the end,
presenting our research reports complied in a different format for straightforward
valuation such as ppt, pdf, and excel data pack is done.