Pyrogen Testing Market : Technology Advancements, Industry Insights, Trends And Forecast 2032


Posted January 3, 2024 by amrutaptbrc

Pyrogen Testing Market : Technology Advancements, Industry Insights, Trends And Forecast 2032
 
The Pyrogen Testing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).


Learn More On The Pyrogen Testing Market:
https://www.thebusinessresearchcompany.com/report/pyrogen-testing-global-market-report

According to The Business Research Company’s Pyrogen Testing Global Market Report 2024, The pyrogen testing market size has grown rapidly in recent years. It will grow from $1.46 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to pharmaceutical and biotechnology industry growth, regulatory requirements for drug safety, advancements in testing methods, increase in infectious disease outbreaks, adoption in medical device manufacturing..

The pyrogen testing market size is expected to see rapid growth in the next few years. It will grow to $2.72 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to customized pyrogen testing solutions, expansion of rapid and automated testing, innovation in in vitro pyrogen detection, adoption of pyrogen testing in cell therapy, environmental and sustainable testing practices.. Major trends in the forecast period include point-of-care pyrogen testing, regulatory compliance in pyrogen testing, ai-driven pyrogen detection and analysis, personalized and patient-specific pyrogen testing, transparency and traceability in testing processes..

The rising investments in research and development in the pharmaceutical and biotechnology industries contributed 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. 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.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=4020&type=smp

The pyrogen testing market covered in this report is segmented –

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

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.

The pyrogen testing market report table of contents includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis


Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By amrutaptbrc
Country United Kingdom
Categories Business
Last Updated January 3, 2024