The global pyrogentesting market is
expected to reach a value of USD 1.9 billion by 2025, 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 growth of the market during forecast period. Pyrogen is a toxic
molecular substance that causes fever if induced in 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 the growth of the pyrogen testing market. The
prevalence of chronic diseases is very high in developed countries and is
growing at high pace in developing countries including China and India.
Different factors such as unhealthy diet, smoking, alcohol consumption, and
lack of exercise leads to 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.
Browse
full report by Grand View Research :
Further key findings from the study suggest:
·
Consumables was the largest revenue
grossing segment of the pyrogen testing 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 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 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 the Asian countries including India and China, is a
major factor contributing to the expansion of 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
Browse more
reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/biotechnology
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
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
Japan
o
China
o
India
·
Latin America
o
Brazil
o
Mexico
·
MEA
o
South Africa
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-pyrogen-testing-market
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 information: http://www.grandviewresearch.com
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