Pyrogen Testing Market Size, Share & Trends Analysis Report forecast 2024-2031
The global pyrogen testing market is anticipated to grow at a significant CAGR of around 8.5% during the forecast period. Pyrogen testing helps in determining the presence or absence of pyrogen in parenteral medicines, and it is governed by several organizations that include, the United States Pharmacopeia (USP), the Food and Drug Administration (FDA), and European Pharmacopoeia (EP). The rising R&D expenditure is propelling the market growth. As per the information provided by the European Federation of Pharmaceutical Industries and Associations (EFPIA) report in 2019, alone in Europe, the pharmaceutical industry invested around $4.2billion in R&D and on life science in 2018. The steadily growing pharmaceutical and biotechnology industries are anticipated to drive the growth of the pyrogen testing market studied. Pyrogen testing is mostly used by pharmaceutical, biotech, and various drug manufacturing companies for the safe manufacturing and release of infection-free products. As per the data revealed by European Pharmacopoeia's general chapter 2.6.30, the rabbit pyrogen test is gradually replaced by other pyrogen tests, that is a significant step forward in terms of animal welfare.
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Impact Of COVID-19 Pandemic On Global Pyrogen Testing Market
The demand for pyrogen testing techniques has obtained steady growth during the emergence of COVID-19 due to the rising prevalence of infectious diseases. The COVID-19 economic and social burden has prompted various government bodies across the globe to increase support for vaccine development, that in turn led to the growing adoption of pyrogen testing products for COVID-19 research and developments. As vaccine manufacturing was increased due to COVID-19, bacterial endotoxin testing was an important quality assurance measure to ensure patient safety and that is a factor that pyrogen testing in COVID-19 was impacted positively and that in turn created the pyrogen testing market to grow.
Segmental Outlook
The global pyrogen testing market is segmented based on the product & services, test type, and end-user. On the basis of product and services, the market is segmented into assays, kits & reagents, instruments, and services. Based on the test type the market is sub-divided into LAL, monocyte activation, chromogenic, turbidimetric, gel clot, vitro, rabbit, and others. On the basis of end-user, the market is sub-segmented into pharmaceutical companies, biotechnology companies, medical device companies, and others. Among the end-user segment, the pharmaceutical sub-segment dominated owing to the rising demand for biologics to develop therapeutically advanced drugs on a large scale.
by Product &Services (Assays, Kits & Reagents, Instruments, and Services),
By Test Type (LAL, Monocyte Activation, Chromogenic, Turbidimetric, Gel Clot, In Vitro, Rabbit, and Others),
By End-User (Pharmaceutical companies, Biotechnology Companies, Medical Device Companies and, Others)
Market Players Outlook
The major companies serving the global Pyrogen Testing market include BIOMÉRIEUX SA, Charles River Laboratories International, Inc., Ellab A/S, GenScript Biotech Corp., Lonza Group Ltd., MAT BioTech B.V., Merck KGaA, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2021, Associates of Cape Cod, Inc., launched its new innovative, sustainable recombinant LAL reagent namer PyroSmart NextGen for bacterial endotoxin testing (BET), that utilize a raw material found in crab blood. The New LAL reagent is sustainably produced using recombinant technology, based on raw materials from animals, unlike traditional LAL reagents that are manufactured using the blood harvested from horseshoe crabs. It will deliver consistent and reliable quantitation in all BET applications requiring LAL reagents such as testing of water, injectable drugs, vaccines, and medical devices.
The Report Covers
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global Pyrogen Testing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
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