Global Pyrogen Testing Market Report, Size, Share, Analysis 2017 and Forecast to 2023.

According to Stratistics MRC, the Global Pyrogen Testing market is accounted for $632.19 million in 2016 and is expected to reach $1,631.84 million by 2023 growing at a CAGR of 14.5% from 2016 to 2023.

Gaithersburg, Maryland, United States - January 4, 2018 /MarketersMedia/ —

Rapidly growing healthcare, pharmaceutical and biotechnology industries are primarily favouring the pyrogen testing market. Furthermore, favorable government policies, discovery of new innovative drugs and high incidence of chronic diseases are the factors enhancing market growth. However, strict regulatory norms and high degree consolidation in pharmaceutical industry are limiting the growth of pyrogen testing market. Pharmaceutical outsourcing and rapidly developing healthcare infrastructure in emerging countries offer tremendous growth opportunities for key players in the global market.

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Pyrogen Test is an obsolete test of the adequacy of the hypothalamic-adenohypophysis-adrenocortical axis, in which timed doses of bacterial pyrogen evoke an increase in plasma cortisol in normal subjects. Kits & reagents segment is likely to acquire the highest market share during the forecast period and is also expected to grow at a higher CAGR. The growth of this segment is attributed to rising adoption and repeat purchase of these products. By test type, in vitro tests segment is expected to witness high growth rate during the forecast period.

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North America is anticipated to be the largest market for pyrogen testing and Asia Pacific is projected to grow at a faster pace. The maximum share was attributable to the strong presence of key players in the region, who are making big investments in research and development. The growth of APAC is attributed to the increasing population, developing healthcare infrastructure, rising disposable income, availability of manpower at cheaper rate and outsourcing by key players in developed nations.

Some of the key players in this market include Lonza Group, Wako Chemicals USA, Inc., Merck & Co., Inc., Waters Corporation, Ellab A/S, WUXI Pharmatech (Cayman) Inc., Thermo Fisher Scientific, Inc., Sigma-Aldrich Corporation, Hyglos Gmbh, Associates of Cape Cod, Inc., Genscript, Charles River Laboratories International, Inc. Pyrostar, Microcoat Biotechnologie GmbH and Sanquin.

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Applications Covered:
• Biological and Biotechnological Industry
• Healthcare Industry
• Pharmaceutical Industry
• Medical Device Manufacturing Industry
• Other Applications

Test Types Covered:
• Rabbit Pyrogen Test (RPT)
• In Vitro Tests
• Monocyte Activation Test (MAT)
• Recombinant Factor C Assay (rFC)
• Limulus Amoebocyte Lysate (LAL) Tests

Products Covered:
• Kits and Reagents
• Services
• Instruments
• Consumables

End Users Covered:
• Animal Testing
• Human Testing

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Release ID: 283199