Press release
Global Market Pyrogen Testing is Anticipated to grow at a Significant Pace i.e., USD 1710 Million during the Forecast Period 2021-2027 with COVID-19 Analysis
With a CAGR of 12.5%, the global pyrogen testing market is expected to witness significant growth during the forecast period. The increasing prevalence of communicable diseases and epidemics are the reasons for the demand for pyrogen testing techniques during the forecast period 2021-2027. The increased investment in research and development activities by manufacturing companies and initiatives by the government for new product development will contribute to the growth of the pyrogen testing market. Nevertheless, the rising number of outsourcing activities in the pharmaceutical sector will provide promising opportunities for the growth of the pyrogen testing market.Download Free Sample PDF Brochure @ https://www.vynzresearch.com/healthcare/pyrogen-testing-market/request-sample
Lonza has launched the PyroCell monocyte activation test system to provide reliable and sustainable in vitro pyrogen tests for primary cells and endotoxin tests.
The increased demand for in-vitro assays to identify the presence and concentration of bacterial endotoxins in biological products and drugs will fuel steady growth during the COVID-19 outbreak.
By application, medical device manufacturing is projected to witness the highest CAGR during the forecast period.
Based upon application, medical device manufacturing is anticipated to witness high CAGR in the pyrogen testing market during 2021-2027 owing to the introduction of technologically developed products and rising demand for high-quality medical devices for therapeutic and diagnostic applications that will fuel the growth of the segment.
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“North-America to hold the largest regional market share of pyrogen testing in 2020.”
North America dominates the pyrogen testing market owing to the prominence of chronic and infectious diseases, well-developed regulatory framework, increasing presence of pharmaceutical companies, and developments in R&D activities.
Some of the major players in the pyrogen testing market include Associates of Cape Cod, Inc., Merck KGaA, Thermo Fisher Scientific, Inc., GenScript, Charles River Laboratories, Inc., Ellab A/S, Lonza Group, and WUXI Pharmatech (Cayman) Inc.
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VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across a wide range of industries.
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