According to a new market report published by Lucintel, the future of the pyrogen testing market looks promising with opportunities in the pharmaceuticals, biologicals, and medicals devices manufacturing applications. The global pyrogen testing market is expected to grow with a CAGR of 12.5% from 2020 to 2025. The major drivers for this market are growth in pharmaceutical and biotechnology industries and increasing prevelance of chronic and infectious disease.
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Pyrogen test is performed to check the presence or absence of pyrogens in all aqueous parenterals. In this market, kits and reagents, services, and instruments are the major products. Lucintel forecasts that kits and reagents will remain the largest product segment over the forecast period due to rising prevalence of chronic diseases that continue to boost the production of pharmaceutical, biologic, and medical device products.
Within this market, pharmaceutical and biotechnology companies will remain the largest end use segment over the forecast period due to rising production of pharmaceuticals, biopharmaceuticals, and other biological products.
North America will remain the largest region over the forecast period due to the presence of a large number of pharmaceutical and biotechnology companies and a well-established healthcare market in the region and stringent regulations for the pharmaceutical industry.
Associates of Cape Cod, Charles River Laboratories International, Ellab, GenScript, Hyglos, Lonza, Merck, Thermo Fisher Scientific, and Wako Chemicals are among the major suppliers in the global pyrogen testing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global pyrogen testing market by product, test, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Pyrogen Testing Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global pyrogen testing market by product, test, application, and region as follows:
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
Kits and Reagents
Services
Instruments
By Test [Value ($ Million) shipment analysis for 2014 – 2025]:
LAL Test
Chromogenic Test
Turbidimetric Test
Gel Clot Test
In-Vitro Pyrogen Test
Rabbit Test
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Pharmaceuticals and Biologicals Manufacturing
Medicals Devices Manufacturing
Other Applications
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.