Pyrogen Testing Market Forecast 2023-2027 By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s pyrogen testing market report forecasts the pyrogen testing market size to grow to $2.32 Billion by 2027, with a CAGR (compound annual growth rate) of almost 13%.
Learn More On The Pyrogen Testing Market Report 2023 – https://www.thebusinessresearchcompany.com/report/pyrogen-testing-global-market-report
Pyrogen Testing Market Size Forecast
The global pyrogen testing market is expected to grow from $1.25 billion in 2022 to $1.42 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pyrogen testing market size is expected to grow to $2.32 billion in 2027 at a CAGR of 12.9%.
North America held the largest pyrogen testing market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Pyrogen Testing Market Driver – Rise In Investments In Research And Development In The Pharmaceutical And Biotechnology Industries
For instance, in 2021, major players in the pharmaceuticals market Roche, AstraZeneca and Merck have invested heavily in R&D activities. Roche invested around $13.5 billion (13.7 bn CHF) which was up by 14.3% from 2020. Therefore, high investments in research and development by pharmaceutical companies drive the pyrogen testing market.
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Key Pyrogen Testing Market Trend – Focusing On The Evolution Of Various Animal-Free Pyrogen Testing Methods
Companies are focusing on the evolution of various animal-free pyrogen testing methods such as monocyte activation assay (MAT) to overcome constraints of rabbit pyrogen testing method and LAL test and to produce a human treatment of animals. MAT provides a high level of prediction of pyrogenic activity and also stimulates fever reaction better than the RPT or BET/LAL. MAT pyrogen testing method is used to detect both endotoxin and non-endotoxin pyrogens, but the LAL test is limited to detecting only endotoxin pyrogen. For instance, Merck focused on two MAT systems for the detection of pyrogens, namely PyroDetect, PyroMAT.
Pyrogen Testing Market Segment
1) By Test Type: LAL Test, In Vitro Test, Rabbit Test
2) By Product And Service: Assays, Kits, And Reagents, Instruments, Services
3) By Application: Pharmaceutical And Biologics, Medical Devices, Other Applications
Pyrogen Testing Market Major Players and Strategies
Major players in the pyrogen testing market are Thermo Fisher Scientific, Inc., Merck KGaA, Charles River Laboratories, Inc., Lonza Group, Ellab A/S, Nelson Laboratories, Inc., Associates of Cape Cod, Inc., GenScript, BioMerieux, Hyglos GmbH, Sanquin, Wako Chemicals USA, Inc., and Pyrostar.
The Pyrogen Testing Global Market Report 2023 covers regional data on pyrogen testing market size, pyrogen testing market trends and drivers, opportunities, strategies, and pyrogen testing market competitor analysis. The countries covered in the pyrogen testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The pyrogen testing provide pyrogen testing to check the presence or absence of pyrogens in all aqueous parenteral. Pyrogen testing determines the presence of bacterial toxins in vaccines, biotechnological products, and drugs, which induces fever in humans. It also determines the presence of microbes and their metabolites in drugs during the manufacturing process.
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