Pyrogen Testing Market Size, Share, Trends, Analysis, Report & Forecast to 2022

According to Stratistics MRC, the Global Pyrogen Testing market is accounted for $552.1 million in 2015 and is expected to reach $1,425.1 million by 2022 growing at a CAGR of 14.5% from 2015 to 2022. Rapidly growing healthcare, pharmaceutical and biotechnology industries are primarily favouring the pyrogen testing market. Furthermore, favourable government policies, discovery of new innovative drugs and high incidence of chronic diseases are the factors enhancing market growth. However, strict regulatory norms and high degree consolidation in pharmaceutical industry are limiting the growth of pyrogen testing market. Pharmaceutical outsourcing and rapidly developing healthcare infrastructure in emerging countries offer tremendous growth opportunities for key players in the global market.

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Kits & reagents segment is likely to acquire the highest market share during the forecast period and is also expected to grow at a higher CAGR. The growth of this segment is attributed to rising adoption and repeat purchase of these products. By test type, In Vitro Tests segment is expected to witness high growth rate during the forecast period. North America is anticipated to be the largest market for Pyrogen Testing and Asia Pacific is projected to grow at a faster pace. The growth of APAC is attributed to the increasing population, developing healthcare infrastructure, rising disposable income, availability of manpower at cheaper rate and outsourcing by key players in developed nations.

Some of the key players in the global market include Merck & Co., Inc., Waters Corporation, Ellab A/S, WUXI Pharmatech (Cayman) Inc., Thermo Fisher Scientific, Inc., Genscript, Charles River Laboratories International, Inc., Sigma-Aldrich Corporation, Hyglos Gmbh, Associates of Cape Cod, Inc., Lonza Group and Wako Chemicals USA, Inc.

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Test Types Covered:
• In Vitro Tests
• Limulus Amoebocyte Lysate (LAL) Tests
o Gel Clot Tests
o Turbidimetric Tests
o Chromogenic Tests
• Rabbit Test

Products Covered:
• Instruments
• Kits and Reagents
• Services

End Users Covered:
• Animal Testing
• Human Testing

Applications Covered:
• Pharmaceutical Industry
• Healthcare Industry
• Medical Device Manufacturing Industry
• Other Applications
o Cosmetics
o Food & beverages
o Plastics & glass products

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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This release was published on openPR.