The GMP Testing Service Market size was valued at USD 1.5 Bn. in 2023 and the total GMP Testing Service Market revenue is expected to Grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 2.49 Bn. by 2030.
The good manufacturing practice (GMP) system ensures that products are manufactured consistently and under quality standards. The goal is to minimize the risks related to pharmaceutical manufacturing that cannot be eliminated by evaluating the final product. Throughout the projection period, growth is expected in the pharmaceutical and biopharmaceutical firms area. The process of making sure that goods are regularly produced and regulated following quality standards is known as good manufacturing practice, or GMP. It is intended to reduce the dangers associated with producing pharmaceuticals that cannot be removed by testing the finished product.