Pyrogen Testing Market to Surpass US$ 1.9 Billion by 2026

Published On : Mar 06, 2019

Global Pyrogen Testing Market, by Test Type (Limulus Amoebocyte Lysate Test, TAL Test, Monocyte Activation Test, Rabbit Pyrogen Test, and Recombinant Factor C Assay), by Product Type (Instruments, Kits, and Reagents), by End User (Pharmaceutical and Biotech Companies, Food and Beverages Companies, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 689.9 million in 2017, and is projected to exhibit a CAGR of 12.4% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.

Increasing launch of advanced devices by market players to augment the market growth

Key players in the market are focused on development of devices for detection of pyrogen in pharmaceutical products. For instance, in March 2014, Pyrosate rapid endotoxin detection kit developed by Associates of Cape Cod, Inc., received approval from the Food and Drugs Administration (FDA) for performing endotoxin assays.

Similarly, in May 2018, bioMérieux announced the launch of ENDOZYME II GO, which enables detection of endotoxin testing in pharmaceutical water grades, parenteral drugs, and other pharmaceutical products. Moreover, high investment in research & development and quality assurance by key players is expected to boost the market growth. For instance, in October 2014, new research and development center was inaugurated by bioMérieux for development of new diagnostic solutions in microbiology and increase the efficiency of laboratory procedures.

Browse 23 Market Data Tables and 26 Figures spread through 153 Pages and in-depth TOC on ‘Pyrogen Testing Market’- Global Forecast to 2026, by Test Type (Limulus Amoebocyte Lysate Test, TAL Test, Monocyte Activation Test, Rabbit Pyrogen Test, and Recombinant Factor C Assay), by Product Type (Instruments, Kits, and Reagents), by End User (Pharmaceutical and Biotech Companies, Food and Beverages Companies, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

To know the latest trends and insights prevalent in the pyrogen testing market, click the link below:

https://www.coherentmarketinsights.com/market-insight/pyrogen-testing-market-243

Key players in the market are focused on adopting strategies such as mergers and acquisitions to enhance its product portfolio. For instance, in January 2017, Merck acquired BioControl System Inc., with a strategy to penetrate in food and beverage space and strengthen its portfolio in food pathogen testing.

Key Takeaways of the Pyrogen Testing Market:

  • The global pyrogen testing market is expected to exhibit a CAGR of 12.4% over the forecast period, owing to increasing launch of advanced technologies and increasing incidence of fever, inflammation, shock, multiorgan failure. For instance, in July 2017, VITEK MS received approval from the Food and Drug Administration (FDA) developed by bioMérieux used for rapid pathogen identification.
  • Among test type, the limulus amoebocyte lysate test segment held a dominant position in the pyrogen testing market in 2018, owing to its reliability and reproducibility in detection.
  • Among end user type, pharmaceutical and biotech companies segment held a dominant position in the pyrogen testing market in 2018, as the requirement of pyrogen testing is majorly performed in pharmaceutical and biotech companies.
  • Key players operating in the global pyrogen testing market include Thermo Fisher Scientific, Merck KGaA, Lonza Group, Associates of Cape Cod Inc., Charles River Laboratories Inc., GenScript, WuXi PharmaTech (Cayman), Inc., bioMérieux, Wako Chemicals USA, Inc., Sanquin, Ellab A/S, and Pyrostar

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, 
#3200 
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

Coherent Market Insights Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.