Dublin, April 18, 2023 (GLOBE NEWSWIRE) -- The "Pyrogen Testing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Pyrogen Testing estimated at US$980.3 Million in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 10.7% over the analysis period 2022-2030.
Assays, Kits & Reagents, one of the segments analyzed in the report, is projected to record a 11.2% CAGR and reach US$1.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 10.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $267.1 Million, While China is Forecast to Grow at 14.9% CAGR
The Pyrogen Testing market in the U.S. is estimated at US$267.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$498.7 Million by the year 2030 trailing a CAGR of 14.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 8.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$325 Million by the year 2030.
Select Competitors (Total 12 Featured) -
- Associates of Cape Cod, Inc.
- Charles River Laboratories International, Inc.
- Ellab A/S
- GenScript Biotech Corporation
- Hyglos GmbH
- Lonza Group AG
- Merck KgaA
- Thermo Fisher Scientific, Inc.
- Wako Chemicals USA, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 158 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $980.3 Million |
| Forecasted Market Value (USD) by 2030 | $2200 Million |
| Compound Annual Growth Rate | 10.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Pyrogen Testing: Overview & Outlook
- Pyrogen Testing - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Prevalence of Infectious Diseases: Major Driver
- Growing Importance of Animal-Free In Vitro Pyrogen Testing
- MAT Testing Seeks Role
- Bacterial Endotoxin Testing (BET) Remains Relevant
- LAL Testing: Prominent Segment
- Pharmaceutical Firms Rely On Pyrogen Detection
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/p4nafw
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