Press release
Pyrogen Testing Market 2022: Industry Size, Share, Growth, Trends and Forecast 2027
According to the latest report by IMARC Group, titled "Pyrogen Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global pyrogen testing market reached a value of US$ 1.10 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.04 Billion by 2027, exhibiting at a CAGR of 10.7% during 2022-2027.Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
Download free sample of the report: https://www.imarcgroup.com/pyrogen-testing-market/requestsample
Pyrogen Testing Market Industry Definition and Application:
Pyrogen testing is conducted to detect endotoxin and non-endotoxin pyrogenic impurities in aqueous parenteral. It assists in avoiding life-threatening diseases, ensuring the safety of the medical device and parenteral pharmaceutical product, and fatal endotoxic shock induced by substances. Commonly utilized methods of pyrogen testing include the recombinant factor C (RFC) test, limulus amebocyte lysate (LAL) test, rabbit pyrogen test (RPT), and monocyte activation test (MAT). In addition, it is sensitive, robust, and scalable. As a result, pyrogen testing finds widespread applications in healthcare, biologics, and pharmaceuticals across the globe.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Pyrogen Testing Market Trends and Drivers:
The escalating demand for these solutions to safely develop and release infection-free products at a cost-effective price and to determine the presence of metabolites or microbes in drugs during the production process is among the primary factors driving the pyrogen testing market. Besides this, the expanding pharmaceutical and biotechnology industries across the globe and the elevating presence of chronic ailments, such as cancer, heart disease, and diabetes, are further augmenting the market growth. Moreover, the growing popularity of pyrogen testing in the production of COVID-19 vaccines, as it aids in improving the management of infectious illnesses by determining the disease recovery, severity, and sequelae, is also catalyzing the global market. Apart from this, the leading players are introducing cost-effective and technologically advanced techniques that offer a more relevant projection of pyrogenic activity compared to the conventional methods, which is acting as another significant growth-inducing factor. Furthermore, the launch of several policies by the government bodies to fund research and development (R&D) activities to create new therapeutics is anticipated to propel the pyrogen testing market over the forecasted period.
Browse full report with TOC: https://www.imarcgroup.com/pyrogen-testing-market
Pyrogen Testing Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The report has segmented the market on the basis on region, product, test type, application.
Breakup by Product:
Instruments
Kits and Reagents
Services
Breakup by Test Type:
In-vitro Tests
LAL Tests
Rabbit Tests
Others
Breakup by Application:
Pharmaceutical and Biologics
Medical Devices
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Who are the Major Pyrogen Testing Market Key players?
The report provides a detailed analysis of the market leaders, including.
Charles River Laboratories International Inc., Ellab A/S, Fujifilm Wako Pure Chemical Corporation (Fujifilm Holdings Corporation), Lonza Group AG, Merck KGaA, Microcoat Biotechnologie GmbH, Nelson Laboratories LLC (Sotera Health), North American Science Associates Inc., Pacific Biolabs Inc., Sanquin, Thermo Fisher Scientific Inc, Toxikon Corporation and Wuxi Apptec.
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Recombinant DNA Technology Market Report: https://www.imarcgroup.com/recombinant-dna-technology-market
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IMARC Group
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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