MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Persistence Market Research (P) Ltd
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR - The global pyrogen testing market identified in the report include Charles River Laboratories International, Inc., Lonza Group, Ltd, Merck & Co., Associates of Cape Cod, Inc., Genscript, Wako Chemicals, and others
Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR

 

NewswireToday - /newswire/ - New York, NY, United States, 2017/06/20 - The global pyrogen testing market identified in the report include Charles River Laboratories International, Inc., Lonza Group, Ltd, Merck & Co., Associates of Cape Cod, Inc., Genscript, Wako Chemicals, and others.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services / Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Persistence Market Research (PMR) delivers key insights on the global pyrogen testing market in its published report titled,“Global Market Study on Pyrogen Testing: North America Estimated to Be the Dominant Regional Market ”. The global pyrogen testing market was valued at US$ 538.8 Mn in 2015 and is estimated to be valued at US$ 594.4 Mn by 2016 end. The market is projected to expand at a CAGR of 11.0% during the forecast period in terms of value. Global pyrogen testing market value is expected to increase to US$ 1.37 billion by the end of 2024.

Market dynamics

Pyrogens are substances that lead to increase in body temperature after their injection. Globally increasing health care awareness, growing number of pharmaceutical and biotechnology companies and shifting focus of population towards treatment of chronic and lifestyle diseases is driving the growth of global pyrogen testing market. Increasing focus of key companies on expanding their presence in Asian countries to meet growing demand is a trend observed in the market. Furthermore, increasing government initiatives for healthcare awareness in the region also support growth of the market.

Market forecast

The market is segmented based on test type, application, end users, and regions. Based on test type, the market is categorized as recombinant factor C assay, limulus amebocyte lysate (LAL), monocyte activation assay (MAT), and rabbit pyrogen test. Limulus amebocyte lysate segment dominates the global pyrogen testing test type market in 2016. The dominance of this market segment is majorly due to rising preference for animal-free detection. In addition, LAL is the most widely used test type for detection of endotoxins in surgical implants, pharmaceuticals and other application areas such as water and food. The segment is expected to register a significant CAGR of 11.7% during the forecast period. Whereas, monocyte activation assay (MAT) segment is anticipated to grow with a CAGR of 14.7% over the forecast period.

The market is also segmented based on major application areas of pyrogen testing that includes injections, vaccines, tablets, medical devices, and others. In 2016, tablets application segment is expected to dominate the global pyrogen testing market. The dominance of this market segment is majorly due to rising preference among the pharmaceutical manufacturers to produce high quality drugs. However, injections application segment is anticipated to expand at the highest CAGR of 12.6% over the forecast period owing increasing healthcare awareness and rising incidence of chronic diseases globally.

Based on end users, the global pyrogen testing market is categorized as pharmaceutical industry, biotechnology industry, medical devices industry and others. Pharmaceutical industry application segment dominates the global pyrogen testing market in 2016. Pharmaceutical industry utilizes pyrogen testing to detect the presence of endotoxin substances in their products. The biotechnology industry end user segment is expected to expand at the highest CAGR of 12.1% over the forecast period.

This report assesses trends, that drive growth of each segment on the global as well as regional levels, and offers potential takeaways, that could prove substantially useful to the companies who wish to enter the pyrogen testing market. North America and Europe are expected to dominate the global pyrogen testing market with a maximum market share in 2016. North America and Europe collectively, are expected to account for more than 60% share of the total global pyrogen testing market in terms of value in 2016. Among emerging markets, Asia Pacific is estimated to exhibit the highest CAGR of 12% over the forecast period, due to increasing preference of key players to establish their presence in these regions.

Competitive landscape

Some of the key players having presence in the global pyrogen testing market identified in the report include Charles River Laboratories International, Inc., Lonza Group, Ltd., Merck & Co., Associates of Cape Cod, Inc., Genscript, Wako Chemicals, and others. PMR has discussed individual strategies of these companies in terms of increasing focus of the companies on advancements, initiatives to increase awareness, enhancing distribution base, and expanding geographic presence.

About Persistence Market Research (PMR)

Persistence Market Research (persistencemarketresearch.com) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services / Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Persistence Market Research (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services / Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Global Pyrogen Testing Market Value Expected to Increase to US$ 1.37 Billion by 2024 Says PMR

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Rahul Singh - PersistenceMarketResearch.com 
646-568-7751 sales[.]persistencemarketresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Persistence Market Research (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Medical Services / Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Persistence Market Research (P) Ltd / Company Profile


Read Medical Services / Equipment Most Recent Related Newswires:

Bruker Introduces Updated B.I.QUANT-UR™ Module for Fully Validated Metabolite Quantification in Urine Using NMR
SCHOTT Extends SyriQ BioPure® Syringe Format to Enable Optimized Administration
Hand Hygiene Market Will Reach .98 Billion in the US and EU5 with High Adoption of Gamification Finds Frost & Sullivan
Rise in Pharmaceutical Applications to Foster Demand for Mass Spectrometers in Europe Finds Frost & Sullivan
Cala Health Applauded by Frost & Sullivan for Revolutionizing the Essential Tremor Market with its Body-worn Neuromodulation Therapy, Cala Trio™
Withings Launches ScanWatch - the First Hybrid Smartwatch to Combine Medical Grade Electrocardiogram and Sleep Apnea Detection
Bruker Introduces Dedicated Light-Sheet Microscope for Highly Multiplexed 3D Cell Culture Live Imaging
Inkwood Research Publishes Global 3D Cell Culture Market Forecast 2019-2027
Bruker’s PeakForce Tapping is Fastest Growing AFM Mode
Philips Commended by Frost & Sullivan for Advancing Access to Affordable, High-quality Care through Its Incisive CT Platform
ZOLL to Showcase Portfolio of Advanced Resuscitation Technologies for the Workplace At A+A Congress 2019
Bruker Launches Ultrafast FTIR Imaging Microscope LUMOS II
Drug Delivery Devices Offering Enhanced Connectivity to Find Higher Uptake Among Hospitals finds Frost & Sullivan
Global Inorganic Scintillators Market Projected to Grow At 5.28% CAGR Through 2027 Reports Inkwood Research
Rising Aging Population Projects the Global Hearing Aids Market At 5.42% CAGR by 2027 Reports Inkwood Research

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  RightITnow, Inc.





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)