Pyrogen Testing Market worth 1086.3 Million USD by 2021
The global Pyrogen Testing market was valued at USD 610.2 Million in 2016. This market is expected to grow at a CAGR of 12.2% to reach USD 1086.3 Million in 2021.
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Rapidly increasing pharmaceutical and biotechnology industries and increasing number of new biologics products launched will be the two most important growth drivers for this market during the forecast period. For instance, the number of new biologics products launched annually witnessed a strong upward trend between 2003 and 2013. The number of new products launched in 2013 was 56 as compared to 29 in 2003. The biologics pipeline has increased by 155%, from 355 treatments in 2001 to 907 in 2012. A strong pharmaceutical product pipeline will aid the growth of the pharmaceutical and biotechnology industry, which is an important application of pyrogen testing products
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The global pyrogen testing market is segmented on the basis of applications, products, tests, and geographies.
By application, the market is divided into pharmaceuticals and biologicals manufacturing, medical devices manufacturing, and other applications such as water purification, food and beverages, cosmetics, and plastics and glass products. Of these, the pharmaceuticals and biologicals manufacturing segment accounted for the largest share of the global pyrogen testing market in 2016. The large share of this segment can primarily be attributed to the rapid growth in pharmaceutical and biotechnology industries.
The test segments included in this report are in vitro pyrogen test, LAL (Limulus Amebocyte Lysate) test, and Rabbit test. Of these the LAL (Limulus amebocyte lysate) test holds the highest share. The large share of LAL test can primarily be attributed to its advantages such as accuracy, speed, requirement of small amount of the tested sample, more economical, and allows detection of lower level of endotoxins, and flexibility in life science research. The LAL test is further sub-segmented in to chromogenic tests, turbidimetric tests, and gel clot tests.
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The product segments included in the report are kits and reagents, services, and Instruments. The kits & reagents segment commanded the largest share of global pyrogen testing market. The large share of this segment can mainly be attributed to repeat purchase of kits and reagents as compared to instruments, and increasing adoption of kit-based testing.
The geographic segments included in this report are Asia, Europe, North America, and the Rest of the World (RoW). North America is further segmented into the U.S. and Canada; Europe is further segmented into France, Germany, Italy, Spain, the U.K., and the Rest of Europe (RoE); Asia is further segmented into China, Japan, and India, and the Rest of Asia; and the Rest of the World (RoW) is divided into Africa, Pacific and Oceania, and South America, Central America, and the Caribbean.
Major players in the pyrogen testing market include Associates of Cape Cod, Inc. (U.S.) Charles River Laboratories International, Inc. (U.S.), Ellab A/S (Denmark), GenScript (U.S.), Hyglos GmbH (Germany), Lonza Group (Switzerland), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (U.S.), Wako Chemicals USA Inc. (U.S.), and Wuxi PharmaTech (CAYMAN) Inc. (China).
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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
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WA 98101, United States
Tel: 1-888-600-6441
Early buyers will receive 10% customization on this report.
Rapidly increasing pharmaceutical and biotechnology industries and increasing number of new biologics products launched will be the two most important growth drivers for this market during the forecast period. For instance, the number of new biologics products launched annually witnessed a strong upward trend between 2003 and 2013. The number of new products launched in 2013 was 56 as compared to 29 in 2003. The biologics pipeline has increased by 155%, from 355 treatments in 2001 to 907 in 2012. A strong pharmaceutical product pipeline will aid the growth of the pharmaceutical and biotechnology industry, which is an important application of pyrogen testing products
Get The Sample Report For This Report@ <||>rnhttp://www.marketsandmarkets.com/requestsample.asp?id=255266155
The global pyrogen testing market is segmented on the basis of applications, products, tests, and geographies.
By application, the market is divided into pharmaceuticals and biologicals manufacturing, medical devices manufacturing, and other applications such as water purification, food and beverages, cosmetics, and plastics and glass products. Of these, the pharmaceuticals and biologicals manufacturing segment accounted for the largest share of the global pyrogen testing market in 2016. The large share of this segment can primarily be attributed to the rapid growth in pharmaceutical and biotechnology industries.
The test segments included in this report are in vitro pyrogen test, LAL (Limulus Amebocyte Lysate) test, and Rabbit test. Of these the LAL (Limulus amebocyte lysate) test holds the highest share. The large share of LAL test can primarily be attributed to its advantages such as accuracy, speed, requirement of small amount of the tested sample, more economical, and allows detection of lower level of endotoxins, and flexibility in life science research. The LAL test is further sub-segmented in to chromogenic tests, turbidimetric tests, and gel clot tests.
Get The PDF Brochure For This Report@ <||>rnhttp://www.marketsandmarkets.com/pdfdownload.asp?id=255266155
The product segments included in the report are kits and reagents, services, and Instruments. The kits & reagents segment commanded the largest share of global pyrogen testing market. The large share of this segment can mainly be attributed to repeat purchase of kits and reagents as compared to instruments, and increasing adoption of kit-based testing.
The geographic segments included in this report are Asia, Europe, North America, and the Rest of the World (RoW). North America is further segmented into the U.S. and Canada; Europe is further segmented into France, Germany, Italy, Spain, the U.K., and the Rest of Europe (RoE); Asia is further segmented into China, Japan, and India, and the Rest of Asia; and the Rest of the World (RoW) is divided into Africa, Pacific and Oceania, and South America, Central America, and the Caribbean.
Major players in the pyrogen testing market include Associates of Cape Cod, Inc. (U.S.) Charles River Laboratories International, Inc. (U.S.), Ellab A/S (Denmark), GenScript (U.S.), Hyglos GmbH (Germany), Lonza Group (Switzerland), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (U.S.), Wako Chemicals USA Inc. (U.S.), and Wuxi PharmaTech (CAYMAN) Inc. (China).
About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results