Below are some of the key findings from the pyrogen testing market analysis report
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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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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Pharmaceutical and biotechnology companies - Market size and forecast 2018-2023
- Medical devices companies - Market size and forecast 2018-2023
- Food and beverage manufacturers - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Asia - Market size and forecast 2018-2023
- ROW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Charles River
- GenScript
- Lonza
- Merck KGaA
- Thermo Fisher Scientific Inc.
PART 13: APPENDIX
- Research methodology
- List of abbreviations