April 28, 2020
Pyrogen Testing Market Analysis to Surge at a Robust Pace by 2026
- According to Transparency Market Research’s latest report on the global pyrogen testing market for the historical period 2017–2018 and forecast period 2019–2027, introduction of pyrogen test in different applications, Increase in new innovative drugs and launch of biologics products and expansion of pharmaceutical and biotechnology industries are projected to drive the global pyrogen testing market during the forecast period
- According to the report, the global pyrogen testing market was valued at US$ 742.0 Mn in 2018 and is anticipated to expand at a CAGR of 12.2% from 2019 to 2027
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Introduction of Pyrogen Test in Different Applications: Key Driver
- Pyrogen testing is widely used across a number of healthcare arenas including pharmaceuticals, biotechnology and medical device companies. Introduction of pyrogen testing for pharmaceutical products such as products such as medicines, drugs, and immunological products lead to numerous advantages to the industry including product safety, efficiency and proper utilization of resources
- Pyrogen testing plays an important role in detecting endotoxins & other pathogens and enable to maintain quality of healthcare services in various healthcare settings
- According to the FDA, The Center for Devices and Radiological Health (CDRH) adopted the USP Endotoxin Reference Standard
Increase in New Innovative Drugs & Launch of Biologics Products Boost Market Growth
- Extensive research in and launch of new biologics is likely to speed up the growth of pyrogen testing market during the forecast period
- Launch of new drugs, significant growth of pharmaceutical industry and increase in emphasis expenditure for new product development enables to determine the growth of pyrogen testing market in future
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Proposals of Animal Banning Reducing Usage of Rabbit Pyrogen Test to Hamper Market
- According to the European Pharmacopoeia (EP), promotion for monocyte activation test (MAT) as most suitable test for pyrogen testing inhibits the rabbit pyrogen test (RPT) due to inherent disadvantages, since the RPT has a comparably low sensitivity for pyrogens
Global Pyrogen Testing Market: Competitive Landscape
- This report profiles major players in the global pyrogen testing market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
- The global pyrogen testing market is highly fragmented, with the presence of a number of international as well as regional players
- Leading players operating in the global pyrogen testing market are
- Thermo Fisher Scientific, Inc.,
- Associates of Cape Cod, Inc.,
- Merck KGaA,
- Charles River Laboratories International, Inc.,
- GenScript,
- Lonza Group,
- Sanquin, and
- WuXi AppTec,
- Hyglos GmbH - a bioMĂ©rieux Company
- Wako Chemicals USA, Inc. among others
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