Global Market Size for Pyrogen Testing Estimated to Grow USD 1,824.5 Million by 2026: Facts & Factors
Facts & Factors
6 min read
[205+ Pages Research Study] According to Facts and Factors market research report, the global Pyrogen Testing Market size & share revenue is expected to grow from USD 800 Million in 2019 to reach USD 1,824.5 Million by 2026, at 12.5% annual CAGR growth during forecast period of 2020-2026. The top market companies profiles included in report with their sales, revenues and strategies are Charles River Laboratories International, Inc., Associates of Cape Cod, Inc., Hyglos GmbH, Lonza Group, Wako Chemicals USA Inc. and Others.
New York, NY, Oct. 10, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Pyrogen Testing Market By Product (Instruments, Services, and Kits and Reagents), By Test (In Vitro Pyrogen Test, LAL Test, Recombinant Factor C Assay (rFC), Monocyte Activation Test (MAT), and Rabbit Pyrogen Test), By Application (Pharmaceutical & Biotechnology, Medical Devices, Other), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” in its research database
“According to the latest research study, the demand of global Pyrogen Testing Market size & share expected to reach to USD 1,824.5 Million by 2026 from USD 800 Million in 2019, at a compound annual growth rate (CAGR) of 12.5% during the forecast period 2020 to 2026”
Global Pyrogen Testing Market: Overview
Pyrogens are a thermostable bacterial toxin that prompts an immunologic reaction in humans or test animals when offered parenterally. This testing is used majorly in the pharmaceutical, biotechnological, and medical devices organizations to confirm the absence of these toxic in any molecular products or medical devices and ensure the product safety, competence, and use of sanitized resources.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Pyrogen Testing industry. The report analyzes and declares the historical and current trends analysis of the Pyrogen Testing industry and subsequently recommends the projected trends anticipated to be observed in the global Pyrogen Testing market during the upcoming years.
The global Pyrogen Testing market is witnessing major growth owing to the rapid developments in pharmaceutical and biotechnology industries coupled with the increasing trend of R&D investments in life sciences research and industry. Furthermore, the manufacturing of new drugs owing to the increasing occurrences of chronic diseases, and strong government support for the biotech and pharmaceutical industries will aid the expansion of the market. The high expenditure on the new product development in the life science industries and the increasing awareness regarding Pyrogen Testing is likely to trigger significant growth in the global Pyrogen Testing market. However, the restriction on the use of the rabbit pyrogen test (RPT) owing to its intrinsic hindrances and stringent government policies is anticipated to hamper the Pyrogen Testing market growth.
Monocyte Activation Test (MAT) is expected to witness the highest growth rate during the forecast timeframe
The pyrogens are measured to help check the safety of the pharmaceutical products that are administered parenterally and in medical devices. The Monocyte Activation Test (MAT) is used to detect the substances that stimulate human monocytes or monocytic cells, which later lead to fever response. Thus, the rising attention of the Monocyte Activation Test in the pharmaceutical industry is expected to contribute to its growth in the global Pyrogen Testing market.
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Regional Dominance:
North America is expected to dominate the global Pyrogen Testing market
The rapid industrialization and presence of well-built healthcare infrastructure are the primary factors propelling the Pyrogen Testing market in North America. Additionally, the stringent rules and regulations for the pharmaceutical manufacturing process followed in North America help the market gain momentum in this region. North America Pyrogen Testing market is expected to dominate owing to the new drugs and biologics development offered by companies with the help of government support.
Browse the full“Pyrogen Testing Market By Product (Instruments, Services, and Kits and Reagents), By Test (In Vitro Pyrogen Test, LAL Test, Recombinant Factor C Assay (rFC), Monocyte Activation Test (MAT), and Rabbit Pyrogen Test), By Application (Pharmaceutical & Biotechnology, Medical Devices, Other), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-pyrogen-testing-market-by-product-instruments-services-869
This report segments the global Pyrogen Testing market as follows:
Global Pyrogen Testing Market: Product Segmentation Analysis
Kits and Reagents
Services
Instruments
Global Pyrogen Testing Market: Test Segmentation Analysis
LAL Test
Chromogenic Test
Turbidimetric Test
Gel Clot Test
In Vitro Pyrogen Test
Rabbit PyrogenTest
Monocyte Activation Test (MAT)
Recombinant Factor C Assay (rFC)
Global Pyrogen Testing Market: Application Segmentation Analysis
Pharmaceutical and Biological Manufacturing
Medicals Devices Manufacturing
Others
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