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Global Pyrogen Testing Market 2019-2023

Global Pyrogen Testing Market 2019-2023

Published: Feb 2019 127 Pages SKU: IRTNTR30844

Below are some of the key findings from the pyrogen testing market analysis report

Pyrogen Testing Market

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Global Pyrogen Testing Market Industry Overview

In recent years, the market is witnessing a tremendous transformation due to the growing adoption of scientific advances and applications. Also, the preference for these products that can operate for extended periods and are more reliable and convenient is gaining traction. Many manufacturers are introducing products with improved features to create their mark in the market by attracting prospective customers and retaining the existing consumers. They are launching devices that generate minimal noise and heat. The development of these products that are more reliable and convenient and can operate for longer periods are gaining popularity and increasing the pyrogen testing market size. This is leading to an increase in the sale of these products and higher volume production by vendors. Technological advances and launch of innovative products are one of the critical reasons that will drive the market.

The high demand for biopharmaceuticals to treat various diseases will drive the pyrogen testing market to grow at a CAGR of over 12% during the forecast period. these products are extensively used in several biopharmaceutical companies to ensure the safety and efficiency of the drugs developed and to fasten their production. It also provides predictable performances in pharmaceutical operations such as downstream process integration and facility fit. The demand for pyrogen testing in biopharmaceuticals will continue to grow due to its benefits including consistency and easy testing for cross-reactivity which will increase the market share.

Top companies covered in the pyrogen testing market research report

The pyrogen testing market is fairly fragmented. Vendors are providing additional software along with these systems to successfully integrate the results obtained using these systems into the existing laboratory workflow. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, the industry analysis report will help clients identify new growth opportunities and design innovative strategies to improve their share in the market.

The report offers a complete analysis of various companies including:

  • Charles River  
  • GenScript
  • Lonza  
  • Merck KGaA
  • Thermo Fisher Scientific Inc.

Pyrogen testing market segmentation based on geographic regions

  • Asia
  • Europe
  • North America
  • ROW

North America will hold the highest pyrogen testing market share throughout the forecast period. The presence of several vendors that offer these platforms, systems, and software in the US is one of the primary reasons for the high growth of the pyrogen testing market size in North America. Further, increasing investments in research and development and quality assessments by major pharmaceutical companies are contributing to the growth of the market in the region.

Pyrogen testing market segmentation based on end-users

  • Pharmaceutical and biotechnology companies
  • Medical devices companies
  • Food and beverage manufacturers

The pharmaceutical and biotechnology companies segment will account for the highest share of the pyrogen testing market due to the increase in research activities and drug discoveries by various research laboratories and pharmaceutical companies across the world.

Key highlights of the global pyrogen testing market for the forecast period 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the pyrogen testing market during the next five years
  • Precise estimation of the global pyrogen testing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industry across various geographies such as Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of the companies

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Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

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The market is expected to grow at a CAGR of %.

market is segmented by

are a few of the key vendors in the market.

will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.

  • is the driving factor this market.

The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.