The pyrogen testing market is estimated to be over US$ 650 Mn in 2017. It is anticipated to grow at a CAGR of 11.0% from 2019 to 2030.
Rapid setup as well as consolidation of pharmaceutical companies is taking place across the world. For instance, Thermo Fisher Scientific, Inc. has been adopting the strategy of acquisition of related companies in order to fortify their presence in the global market. Moreover, the stringent regulations laid down by the Food and Drug Administration (FDA) make it mandatory for all the companies in the field of medicine, cosmetics, food and beverages, biotechnology, and medical devices to incorporate pyrogen testing in their quality assurance protocols. Furthermore, the high prevalence of chronic diseases in densely populated countries like India and China also fuels the market revenue. All the above factors propel the pyrogen testing market. However, the rise in consolidation in industries, especially the pharmaceutical companies, are likely to restrain the growth of the market to a certain extent.
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Top Players:
The prominent players in the pyrogen testing market are Charles River, Inc., Ellab A/S Inc., Lonza, Ltd., Merck KGaA, Inc., Associates of Cape Cod Inc., GenScript, Inc., Wako, Inc., Sanquin Inc., bioMerieux SA, Inc., and WuXi PharmaTech (Cayman), Inc.
The pyrogen testing market has lucrative opportunities across various companies operating in the fields of pharmaceuticals, cosmetics, medical devices, food and beverages, biotechnology. These fields account for a major presence from among all the industries present globally. Moreover, the companies have to cater to the demands of the ever-growing population. The increasing prevalence of diseases across the world, especially in the eastern regions, is propelling the pharmaceutical, medical devices, and biotechnology market.
To ensure safety of people, FDA has imposed a number of regulations concerning the use of food and drugs for human consumption. Tests to detect the undesirable pyrogenic products have been mandated by the organization. Companies cannot release their products into the market unless they standardize them as per the rules. The protocols for pyrogen testing have been laid down in article number 21 CFR 610. The tests must be carried out on animals and human subjects. Upon violation of the law by the companies, FDA is liable to take legal action against them.
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Two major factors are expected to boost the CAGR of the market in Asian countries like India and China. The ever-growing populations of these countries, and the demand for medicines owing to the high prevalence of chronic diseases in these regions, will drive the market. The key players in the market are already doing heavy investments in such countries. They are focusing on providing a number of products in their services. Increasing disposable income is another factor responsible for growth of the market. The Asia Pacific market is anticipated to reach a figure of US$ 270 Mn by 2020.
Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottoms Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations/Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Pricing Assessment
- Application Horizon Assessment
- GLOBAL PYROGEN TESTING MARKET – ANALYSIS & FORECAST, BY PRODUCT
- Kits and Reagents
- Services
- Instruments
- GLOBAL PYROGEN TESTING MARKET – ANALYSIS & FORECAST, BY TEST TYPE
- Limulus Amebocyte Lysate (LAL) Tests
- Chromogenic Tests
- Turbidimetric Tests
- Gel Clot Tests
- In Vitro Tests
- Rabbit Tests
- Limulus Amebocyte Lysate (LAL) Tests
- GLOBAL PYROGEN TESTING MARKET – ANALYSIS & FORECAST, BY END USER
- Pharmaceutical Industries
- Biotechnology Industries
- Food and Beverage Industries
- Cosmetic Industries
- Medical Device Industries
- GLOBAL PYROGEN TESTING MARKET – ANALYSIS & FORECAST, BY REGION
- North America Pyrogen Testing Market
- North America Pyrogen Testing Market, By Country
- US
- Canada
- North America Pyrogen Testing Market Analysis & Forecast, By Product
- North America Pyrogen Testing Market Analysis & Forecast, By Test Type
- North America Pyrogen Testing Market Analysis & Forecast, By End User
- North America Pyrogen Testing Market, By Country
- Europe Pyrogen Testing Market
- Europe Pyrogen Testing Market, By Country/Region
- Germany
- U.K
- France
- Rest of Europe (ROE)
- Europe Pyrogen Testing Market Analysis & Forecast, By Product
- Europe Pyrogen Testing Market Analysis & Forecast, By Test Type
- Europe Pyrogen Testing Market Analysis & Forecast, By End User
- Europe Pyrogen Testing Market, By Country/Region
- Asia Pacific Pyrogen Testing Market
- Asia Pacific Pyrogen Testing Market, By Country/Region
- China
- Japan
- India
- Rest of Asia Pacific (RoAPAC)
- Asia Pacific Pyrogen Testing Market Analysis & Forecast, By Product
- Asia Pacific Pyrogen Testing Market Analysis & Forecast, By Test Type
- Asia Pacific Pyrogen Testing Market Analysis & Forecast, By End User
- Asia Pacific Pyrogen Testing Market, By Country/Region
- Rest of the World (ROW) Pyrogen Testing Market
- Rest of the World Pyrogen Testing Market, By Country/ Region
- Latin America
- Middle East & Africa
- Rest of the World Pyrogen Testing Market Analysis & Forecast, By Product
- Rest of the World Pyrogen Testing Market Analysis & Forecast, By Test Type
- Rest of the World Pyrogen Testing Market Analysis & Forecast, By End User
- Rest of the World Pyrogen Testing Market, By Country/ Region
- North America Pyrogen Testing Market
- COMPETETIVE LANDSCAPE
- Key Players And Their Competitive Positioning (2018)
- Key Strategies Assessment
- New Product Launches
- Merger & Acquisitions
- Agreements, Collaborations, & Partnerships
- Expansions
- Other Strategies
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