Visiongain has published a new report on Pyrogen Testing Market Report 2021-2031: Forecasts By Product (Kits and Reagents, Services, and Instruments), By Application (Pharmaceutical and Biological Manufacturing, Medical Device Manufacturing, Medical Device Manufacturing, and Other Applications), By Test Type (LAL Tests, In Vitro Tests, Rabbit Tests, TAL Test, Monocyte Activation Test (MAT), Recombinant Factor C Assay (rFC), Rabbit Pyrogen Tests (RPT), and Others), By Patient Demographics (Adults, Geriatric, and Pediatric), By Distribution Channel (Direct Tender, and Retail Sales) PLUS Profiles of Leading Manufacturing Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.
COVID-19 Impact on the Pyrogen Testing Market
COVID-19 impact through different recovery models such as V-shaped, U-shaped, W-shaped, and L-shaped; has been taken into consideration while estimating and forecasting the Pyrogen Testing market. Different recovery scenarios are also included in the report for all the segments and regions/nation.
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Market Drivers
Rapid Growth in Pharmaceutical and Biotechnology Industries
The burden of chronic and non-chronic disease is increasing very rapidly around the world, and it is expected to continuously rise over the forecast period. Increasing prevalence of chronic and non-chronic disease is increasing demand for drugs and therapies around the world. Recently, the market has reported a sudden rise in the pharmaceutical and biotechnology industries with increasing demand of drugs along with increasing regulatory approvals for it. Various manufacturers have increased their product development activities for development of new drugs and on the other hand many manufacturers have launched their clinical trials which have helped to fulfil demand and to work as a driver for the market. Rapid growth in pharmaceutical and biotechnology industries is increasing demand of pyrogen testing for quality control of the products due to this reason the factor is working as a driver for the market.
Increasing Therapeutic Advancements in Pharmaceutical and Biotechnology Industries
The burden of chronic and non-chronic disease had guided top leading manufactures to increase their research and development activities with pyrogen testing for quality control of injectable drugs and medical devices. Research and development activities for new technology in pharmaceutical and biotechnology industries are helping to increase adoption of pyrogen testing. Research and development activities with pyrogen testing is improvising treatment options, making great strides, and increasing quality of life for people suffering from life threatening disease. Currently, many of the manufacturers use pyrogen testing for quality control of their product portfolios which is expected to fulfil demand and to work as a driver for the market.
Market Opportunities
Developing Countries Present Significant Opportunities for the Pyrogen Testing Market
Governments, international organizations and regulatory authorities in various developing nations are making huge efforts to transition their healthcare infrastructure from less developed and advanced healthcare infrastructure towards a modern, advanced and developed healthcare infrastructure. Increasing focus on healthcare infrastructure is expected to untapped the potential markets in the developing countries. Developing countries are expected to be the next most growing market in the forecasted period as the manufactures are already started to take various strategic initiatives such as acquisition & merger, product launch, license acquisition, regulatory approval, and others to dominate or increase their market share in the potential in emerging markets. Moreover, key market manufactures are shifting their focus towards untapped potential in emerging markets which is expected to create more new growth opportunities. Due to this reason the factor is creating various opportunities for the pain management therapeutics market.
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How the Pyrogen Testing Market report helps you
In summary, our 290+ page report provides you with the following knowledge:
- Revenue forecasts to 2031 for Pyrogen Testing Market, with forecasts for Get our report today Pyrogen Testing Market Forecast 2021-2031: By Product, Application, Test Type, Patient Demographics, Distribution Channel and Leading Regional/ Country market analysis each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2031 for 5 regional and 16 key national markets – See forecasts for the Pyrogen Testing market in North America, Europe, Asia-Pacific and Rest of the World. Also forecasted is the market in the US, Canada, Argentina, Brazil, Germany, France, UK, Italy, Spain, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market– including company profiles for 10 of the major companies involved in the Pyrogen Testing Market.
Competitive Landscape
Top companies (Charles River, Lonza, and Merck KGaA) constitute more than XX% share of the global Pyrogen Testing market. Other companies profiled in the report include: Ellab A/S, GenScript, Hyglos GmbH, Thermo Fisher Scientific Inc., Wako USA, WuXi AppTec, and Associates of Cape Cod, Inc. One key developments is listed below:
In 2020, Lonza Bioscience has launched PyroCell Monocyte Activation Test System which is a reliable and a sustainable solution for in vitro pyrogen testing. The launch will help the company to expand pyrogen testing and widened revenue generation from a market focused product portfolio.
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