Pyrogen Testing Market – Growth, Future Prospects and Competitive Analysis, 2017-2025, the global pyrogen testing market was valued at US$ 638.7 Mn in 2016, and is expected to reach US$ 1,853.3 Mn by 2025, expanding at a CAGR of 12.51% from 2017 to 2025.
Browse Full Report Visit :- http://www.acutemarketreports.com/report/pyrogen-testing-market
The global pyrogen testing market is undergoing significant growth due to rapid proliferation of biotechnology, pharmaceuticals and medical devices industries. Increasing pace of commercialization of biotherapeutics, pharmaceuticals and medical devices has resulted in increased demand for pyrogen testing in manufacturing processes. Growth in number of biotechnology and pharmaceutical companies and increasing R&D initiatives to launch novel drugs and devices also significantly contribute to growth of this market. On the other hand, ethical restrains on animal testing and thus the usage of rabbits for pyrogen testing will hold back the market growth. Emergence of pharmaceutical, biotechnology and medical companies, and growing CRO and CMO activities in emerging economies will open lucrative opportunities for pyrogen testing solutions providers.
Based on test types, the global pyrogen testing market is classified into rabbit pyrogen test (RPT), limulus amoebocyte lysate (LAL) assay (chromogenic tests, turbidimetric tests and gel clot tests) and monocyte activation test (MAT) (In-vitro test). LAL tests is expected to be the fastest progressing segment during the forecast period. Rising demand for animal-free testing along with proven accuracy and efficiency of in-vitro testing. However, due to being in practice for a longer duration, rabbit pyrogen test is the largest revenue generating segment in the global pyrogen testing market. However, increasing pressure with regards to adoption of animal-free testing methods may restrain the market growth.
Download Free Sample Request :- http://www.acutemarketreports.com/request-free-sample/108109
Based on the product types, the global pyrogen testing market is classified into reagents and kits, instruments and systems and services. Among these, the reagents and kits i.e. the consumables segment is the largest segment in 2016 and will continue to retain its dominance through the forecast period. Additionally, the instruments segment is anticipated to undergo the fastest growth rate during the forecast period due to rapid replacement of older systems attributed to technological innovation.
Pharmaceutical and biotech manufacturing, medical device manufacturing and others (cosmetics and personal care products, etc.) are the major categories of applications of pyrogen testing. Pharmaceuticals and biotech manufacturing is the largest application of pyrogen testing due to high need of reagents and kits, and novel instrumentation in this sector. Perpetual technological innovation due to the growing need for evolved and safer medical devices has urged the need for pyrogen testing methods in this field.
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Pyrogen Testing Market Portraiture
2.1.1. Global Pyrogen Testing Market, by Test Type, 2016
2.1.2. Global Pyrogen Testing Market, by Product, 2016
2.1.3. Global Pyrogen Testing Market, by Application, 2016
2.1.4. Global Pyrogen Testing Market, by Geography, 2016
Chapter 3. Pyrogen Testing: Market Dynamics and Outlook
3.1. Market Overview
3.4.1. Attractive Investment Proposition, by Geography
3.5. Competitive Landscape
3.5.1. Competitive Landscape, by Key Players, 2016
To Get Complete Report @ http://www.acutemarketreports.com/report/pyrogen-testing-market
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements.We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the worlds most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.
Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.
Contact Us :
Name : Chris Paul
ACUTE MARKET REPORTS
Designation : Global Sales Manager
Toll Free(US/CANADA): +1-855-455-8662
Email : firstname.lastname@example.org
Website : http://www.acutemarketreports.com