Report ID: 10059457 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
The global Pyrogen Testingmarket was valued at USD 610.09 million in 2016 and is projected to reach USD 1705.47millionby 2025, growing at a CAGR of 12.1% from 2017 to 2025.
A pyrogen is a foreign substance that causes a fever (temperature elevation) in an animal's body. Typically, pyrogenic substances include endotoxin and other bacterial byproducts. Animal breeding is becoming a common practice with generation of demand for animal based products. The market for pyrogen testing is thus expected to expand at a high CAGR.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Developments in Pharmaceutical and Biotechnology Industries
1.2 Increasing Drug Launches
1.3 Strong R&D Investments
1.4 Increasing Government Support
1.5 High Incidence and Large Economic Burden of Chronic Diseases
2. Market Restraints
2.1 High Degree of Consolidation to Act as A Major Barrier for New Entrants
Market Segmentation:
1. By Application:
1.1 Pharmaceutical and Biological Manufacturing
1.2 Medical Device Manufacturing
1.3 Other Applications
2. By Product:
2.1 Kits and Reagents
2.2 Services
2.3 Instruments
3. By Test Type:
3.1 LAL Tests
3.1.1 Chromogenic Tests
3.1.2 Turbidimetric Tests
3.1.3 Gel Clot Tests
3.2 In Vitro Tests
3.3 Rabbit Tests
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Associates of Cape Cod, Inc.
2. Charles River Laboratories, Inc.
3. Lonza Group
4. Merck Kgaa
5. Ellab A/S
6. Genscript
7. Hyglos GmbH
8. Thermo Fisher Scientific, Inc.
9. Wako Chemicals Usa, Inc.
10. WUXI Pharmatech (Cayman) Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Pyrogen Testingmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
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Report ID: 10059457 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
