According to the report Global Pyrogen Testing Market, published by Market Data Forecast, the global market is projected to reach USD 15.6 billion by 2021, at a CAGR of 3.6% from 2016 to 2021.
Pyrogens are substances produced by bacterium, when released into blood produces fever. Pyrogen testing is used for ensure these toxic substances are absent in the body.
Pyrogen contamination can be caused due to various reasons such as environmental factors, through contaminated solute, solvent, container and apparatus. When contaminated drugs are injected into the blood stream the toxins bypass normal defence mechanism to overcome these white blood cells in the body start releasing another form of pyrogen causing high fever which in some cases may even lead to shock and death
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Global Pyrogen Testing Market: Drivers & Restraints
Growth of the global pyrogen testing market is mainly driven by growing number of pharmaceutical and biotechnology companies globally, increasing research and development investments and rising new drug approvals. In addition, other factors such as rising healthcare expenditure, increasing prevalence of chronic diseases and favorable government initiatives support the market growth. Rise in chronic disease burden, increasing emphasis on Research and development are some of the major reasons driving the market growth. However complex regulatory policies and unclear reimbursement issues are restraining the market growth.
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Global Pyrogen Testing Market: Segmentation
1) By Product type
- Kits and Reagents
2) By Application
- Pharmaceutical and Biological Manufacturing
- Medical Device Manufacturing
- Other Applications
3) By Test Type
- LAL Tests
- Chromogenic Tests
- Turbidimetric Tests
- Gel Clot Tests
- In-Vitro Tests
- Rabbit Tests
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Global Pyrogen Testing Market: Overview
Global Pyrogen testing market is expected to show significant market growth owing to increasing number of biologic products. Growing government support and arrival of new drugs are also fuelling the growth of the market. New product development and launch is a key strategy acquired by manufacturers to maintain their dominance and to get maximum revenue-share in the sector.
The instruments segment is expected to show lucrative growth during the forecast period owing to the technological advancement in products. For instance, the PyroDetect System is a verified non-animal substitute to replace the rabbit test that offers a high quality in vitro detection of both non-endotoxin and endotoxin contamination. In 2016, instruments segment was followed by services in terms of revenue.
Global Pyrogen Testing Market: Region-wise Outlook
On the basis of geography global pyrogen testing market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and Africa & Middle-East. North America dominates the global market for pyrogen testing owing to an increasing number of new biologics in the region. Asia-Pacific is estimated to be the fastest growing region due to continuously growing population, and increasing healthcare expenditure.
Key Questions Answered
- What is the current and future Global Pyrogen Testing Market outlook in global? What trends are affecting the global market?
- What is the competitive landscape and market share of major players in the Global Pyrogen Testing space globally?
- What are the analysis of the macro and micro factors that affect the Global Pyrogen Testing Market on both global and regional scales?
- What are the key, high growth markets that Global Pyrogen Testing manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Global Pyrogen Testing currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Pyrogen Testing Market ?
- What are the challenges and barriers that have hindered widespread adoption of Global Pyrogen Testing Market?
- What are the key sustainability strategies adopted by market players ?
Global Pyrogen Testing Market: Key Players
Some of the major companies discussed in the report are Associates of Cape Cod, Inc., Lonza Group, Merck Kgaa, Ellab A/S, Genscript, Hyglos GmbH, Thermo Fisher Scientific, Inc., Charles River Laboratories, Inc., Wako Chemicals Usa, Inc. and WUXI Pharmatech (Cayman) Inc.
Reasons to buy Pyrogen Testing Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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