The global pyrogen testing market size is expected to reach a value of USD 1.9 billion by 2025, at a CAGR of 13.4% according to a new report by Grand View Research, Inc. Increasing demand for therapeutic drugs including pharmaceuticals, biopharmaceuticals, and biologics is the major factor that propels the growth of the market during the forecast period. Pyrogen is a toxic molecular substance that causes fever if induced in an animal or human body. Pyrogen testing is used by pharmaceutical, biopharmaceuticals, biotechnology, and medical devices companies to confirm the absence of pyrogen. Thus, the companies use various methods such as LAL, in vitro pyrogen, and rabbit test to ensure the quality of products.
Increasing
prevalence of chronic diseases is another foremost factor supporting market
growth. The prevalence of chronic diseases is very high in developed countries
and is growing at a high pace in developing countries including China and
India. Different factors such as unhealthy diet, smoking, alcohol consumption,
and lack of exercise lead to the occurrence of chronic diseases such as cancer,
cardiovascular diseases, diabetes, and chronic respiratory diseases.
Hence, there is a growing demand for therapeutic drugs and medical
devices for the treatment of such diseases, which in turn is projected to fuel
the demand for pyrogen testing to ensure the quality of products including
drugs and devices.
Full Research Report On Pyrogen Testing Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/pyrogen-testing-market
Further key
findings from the study suggest:
- Consumables was the largest
revenue grossing segment of this market in 2016, owing to the large
application of pyrogen testing kits and reagents along with its repetitive
purchase
- Instruments segment
accounted for the remarkable share in the market in 2016 and is also
expected to showcase significant growth during the forecast period, owing
to rising demand for pharmaceutical, biologics, and medical devices for
treatment and diagnosis
- The pharmaceutical and
biotechnology companies segment dominated the pyrogen testing market in
terms of revenue in 2016, due to the large production of therapeutic drugs
and growing investment in R&D by companies for drug development
- North America is the leading
regional market and accounted for the largest revenue share in 2016
primarily due to the existence of a large number of healthcare companies
including pharmaceuticals and medical devices in this region
- The Asia Pacific region is
anticipated to be the fastest-growing market during the study period. The
growing prevalence rate of chronic diseases in Asian countries including
India and China is a major factor contributing to the expansion of the
market in this region.
- Some major players serving
this vertical include Charles River Laboratories, Inc.; Ellab A/S; Merck
KGaA; GenScript; Hyglos GmbH; Lonza; Thermo Fisher Scientific, Inc.;
Associates of Cape Cod, Inc.; and Pyrostar
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/pyrogen-testing-market/request/rs1
Grand View Research has segmented
the pyrogen testing market on the basis of product, test type, end-use, and
region:
Pyrogen Testing
Product Outlook (Revenue, USD Million; 2014 - 2025)
- Consumables
- Instruments
- Services
Pyrogen Testing
Test Type Outlook (Revenue, USD Million; 2014 - 2025)
- LAL test
- Chromogenic test
- Turbidimetric test
- Gel clot test
- In vitro pyrogen
test
- Rabbit test
Pyrogen Testing
End-Use Outlook (Revenue, USD Million; 2014 - 2025)
- Pharmaceutical and
biotechnology companies
- Medical devices companies
- Others
Pyrogen Testing
Regional Outlook (Revenue, USD Million; 2014 - 2025)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The U.K.
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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