Stability Test Chambers Market size is poised to reach USD 6.12 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of stability test chambers was USD 3.31 Billion. The reason behind the growth is impelled by the rising cases of chronic diseases. Temperature sensitivity exists in the drugs used to treat many chronic conditions that make them unstable and even disintegrate in hot or cold environments. Moreover, stability test chambers are a type of lab equipment designed to imitate humidity- and temperature-controlled stable conditions for drug testing under a range of temperatures.
According to the World Health Organization (WHO), noncommunicable diseases (NCDs) account for 41 million annual fatalities, or around 74% of all fatalities worldwide.The growing need for personalized medicine are believed to fuel the market growth. Stability test chambers can be used to test smaller batches of medications more effectively, evaluate the stability of custom medication formulations, and improve storage conditions which is necessary for personalized treatment.
Author Credits: Radhika Pawar
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