As per this study the Global Pyrogen Testing Market was valued USD 1.64 BN (by revenue) in 2022 and is anticipated to reach USD 4.42 BN by 2030 with a CAGR of 13.2%.
Pyrogen is a foreign substance produced by a bacterium that causes fever in the patient's body. Pyrogen testing is used to determine the presence of potential microbes producing pyrogens, to minimize the risk of febrile infection. Pyrogen infection is mostly found in medical instruments, devices and drugs. Hence, pharmaceutical, biotechnology, and medical device companies mostly do pyrogen testing to ensure patient safety.
Market Dynamics
Rising prevalence of chronic medical conditions is driving the pyrogen testing market growth. Growing pharmaceutical & biotechnological industries on account of governmental support is further fueling the market growth. Ongoing R&D for the development of novel drugs is also boosting the growth of pyrogen testing. However, a high degree of consolidation may act as a challenge for the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of pyrogen testing.
Market Segmentation
The broad pyrogen testing market has been sub-grouped into test type, component and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Test Type
- Monocyte Activation Test
- Limulus Amoebocyte Lysate Test
- Rabbit Pyrogen Test
- Others
By Product
- Instruments
- Kits
- Reagents
By End-User
- Pharmaceutical Companies
- Biotechnology Companies
- Medical Device Companies
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for pyrogen testing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Pyrogen Testing Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the pyrogen testing market include Lonza Group, Wako Chemicals USA Inc, Charles River Laboratories International Inc, Associates of Cape Cod, Inc., Thermo Fisher Scientific Inc., Merck & Co. Inc., Genscript, Sanquin, WuXi AppTec., Hyglos GmbH. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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