Market Research

Pyrogen Testing Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Spread the love

Overview and Scope
The pyrogen testing 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.

Sizing and Forecast
The pyrogen testing market size has grown rapidly in recent years. It will grow from <b>$1.46 billion in 2023 to $1.67 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. </b> 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 <b>$2.72 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. </b> 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..

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/pyrogen-testing-global-market-report

Segmentation & Regional Insights
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

<b>North America</b> was the largest region in the pyrogen testing market in 2023. <b>Asia-Pacific</b> is expected to continue to be the fastest growing region in the pyrogen testing market share during the forecast period. The regions covered in the pyrogen testing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=4020&type=smp

Major Driver Impacting Market Growth
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.

Key Industry Players
Major companies operating in the pyrogen testing market include <b> Thermo Fisher Scientific Inc., Merck KGaA, Charles River Laboratories Inc., Lonza Group Ltd., Ellab A/S, Nelson Laboratories LLC, Associates of Cape Cod Inc., GenScript Biotech Corporation, bioMérieux SA, Hyglos GmbH, Sanquin Blood Supply Foundation, Wako Chemicals USA Inc., Pyrostar International Inc., Eurofins Scientific SE, SGS SA, WuXi AppTec Group, Sigma-Aldrich Co. LLC, Bio-Rad Laboratories Inc., Microcoat Biotechnologie GmbH, Sartorius AG, Pacific Biolabs Inc., Toxikon Corporation, STERIS Corporation, Avance Biosciences Inc., BioReliance Corporation, Microbiological Consulting LLC, Microbac Laboratories Inc., North American Science Associates Inc., Pace Analytical Life Sciences LLC </b>

The pyrogen testing market report table of contents includes:

1. Executive Summary
2.Pyrogen Testing Market Characteristics
3.Pyrogen Testing Market Trends And Strategies
4. Pyrogen Testing market analysis
5.Pyrogen Testing Market Size And Growth
6.Pyrogen Testing Segmentation
7.Pyrogen Testing Regional And Country Analysis
.
.
.
27.Pyrogen Testing Competitive Landscape And Company Profiles
28.Pyrogen Testing Key Mergers And Acquisitions
29.Pyrogen Testing Future Outlook and Potential Analysis

Explore the trending research reports from TBRC:

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

Email: info@tbrc.info

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


Spread the love
Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [kalyani@topprnews.com}

Recent Posts

Global Fast Attack Craft Market Growth Analysis 2024 –2033

Overview and Scope Fast-attack craft refers to a high-speed, multi-role warship equipped with anti-ship missiles,…

15 mins ago

Glioma Treatment Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope Glioma treatment refers to a treatment that reduces symptoms, removes and control…

33 mins ago

Global Fashion Influencer Marketing Market Growth Analysis 2024 – 2033

Overview and Scope Fashion influencer marketing is a type of marketing strategy that involves collaborating…

37 mins ago

Global Fashion Design And Production Software Market Growth Analysis 2024 –2033

Overview and Scope Fashion design and production software refers to a computer-aided graphic design tool…

54 mins ago

Diffuse Large B-cell Lymphoma Therapeutics Market Segmentation, Size, Growth, Demand, Key Players And Industry Forecast 2024-2033

Overview and Scope Diffuse large B-cell lymphoma therapeutics refer to the treatment approaches and medications…

56 mins ago

Glaucoma Surgery Devices Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope Glaucoma surgery devices refer to various medical instruments and tools used to…

1 hour ago