Global Pyrogen Testing Market Report 2022 – Market Forecast, Trends And Strategies
16 Feb, 2022
The global pyrogen testing market size is expected to grow from $1.21 million in 2021 to $1.25 million in 2022 at a compound annual growth rate (CAGR) of 3.4%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The pyrogen testing market is expected to reach $2.00 million in 2026 at a CAGR of 12.5%.
What is the Global Pyrogen Testing Market?
The pyrogen testing market consists of sales of pyrogen testing and related services by entities (organizations, sole traders and partnerships) that 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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What drives the Global Pyrogen Testing Market?
The rising investments in research and development in the pharmaceutical and biotechnology industries contribute to the growth of the pyrogen testing market. Pyrogen testing is used by pharmaceutical, biotech, and various drug manufacturing companies for the safe manufacturing and introduction of infection-free products into the market. Therefore, high investments in research and development by pharmaceuticals companies drive the pyrogen testing market.
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https://www.thebusinessresearchcompany.com/report/pyrogen-testing-global-market-reportGlobal Pyrogen Testing Market Segments
The global pyrogen testing market is segmented:
By Test Type: LAL Test, In Vitro Test, Rabbit Test
By Product and Service: Assays, Kits, and Reagents, Instruments, Services
By Application: Pharmaceutical and Biologics, Medical Devices, Others
By Geography: The regions covered in the pyrogen testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pyrogen Testing Global Market Report 2022provides market size and growth forecasts for the global pyrogen testing market, global pyrogen testing market share, pyrogen testing market segments and geographies, pyrogen testing market competitive landscape including leading competitors’ revenues, profiles and market shares. The pyrogen testing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Pyrogen Testing Industry Playersinclude 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. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.