Press release
Pyrogen Testing Market Growth Analysis Stated at a CAGR of 12.2 % till 2023 Comprehensive Research Insights on Top Emerging Key Players Charles River Laboratories, Inc.,Ellab A/S,Merck KGaA,etc
Pyrogen Testing Market
Market Outlook
The global pyrogen testing market was estimated USD 624.2 million in 2016 and expected to reach USD 1464.55 by 2023 at a CAGR of 12.2 % during the forecast period.
Pyrogen testing are used in pharmaceutical industry to check the presence of pyrogen contamination.
Pyrogen testing is very necessary to avoid the life-threatening diseases that can be encouraged by both non-microbial and microbial substances. There has been various methods and tests developed over the last few years that offers solutions for testing pyrogens and endotoxins.
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Regional Analysis:
The Americas is expected to lead the market owing to increase in number of medical device companies and demand for medical equipment. There are various tests performed by these medical devices companied for contamination testing for the presence of pyrogen.
Europe is the second largest pyrogen testing market during the forecast period. The increasing applications of pyrogen tests for various diseases, and constant invention in the pharmaceutical and biotechnology industries will influence the market positively in this region.
Asia-Pacific was expected to be the fastest growing region for the global pyrogen testing market in 2017. The market is expected to witness high growth owing to the increasing number of chronic diseases and the development of new innovative drugs for the treatment. The increasing demand for medical treatment will enhance the pyrogen testing market.
The Middle East and Africa holds the lowest share for pyrogen testing market. However, the rising demand for health care products may increase the market growth in Middle East and Africa.
Key Players:
Some of the key players in the global pyrogen testing market Charles River Laboratories, Inc. (US), Ellab A/S (UK), Merck KGaA (UK), GenScript, Hyglos GmbH (UK), Lonza (UK), Thermo Fisher Scientific, Inc. (US), Associates of Cape Cod, Inc. (US), Pyrostar, Wako Chemicals (US), Sanquin (UK), WuXi PharmaTech (Cayman), Inc (China) and Others.
Segmentation:
The global pyrogen testing market is segmented on the basis of product, test type, by application and end-user. The pyrogen testing market, by product is segmented into instruments, services, kits and reagents.
By test type the market is segmented into recombinant factor C assay (rFC), limulus amoebocyte lysate (LAL) test, monocyte activation test (MAT), and rabbit pyrogen test (RPT).
On the basis of application, the market is segmented into pharmaceutical & biologics, medical devices, and other applications systems.
On the basis of end-user, the market is segmented into medical device companies, pharmaceutical companies, biotechnology companies, food and beverage companies.
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