The increasing prevalence of chronic and infectious diseases is propelling the growth for the global “pyrogen testing market says fortune business insights in a report titled “Pyrogen Testing Market Size”, Share and Global Trend By Test (Oncology Monocyte Activation Test (MAT), Limulus Amebocyte Lysate (LAL), Rabbit Pyrogen Test Recombinant Factor C Assay (RFC), In Vitro Pyrogen Test), By Product (Instruments, Consumables), By End User (Food & Beverage Companies, Medical Devices Companies, Pharmaceuticals Companies, Biotechnology Companies & Others), and Geography Forecast Till 2026”.
The report covers:
- Global Pyrogen Testing Market trends, with detailed analysis on consumer trends & manufacturer trends.
- Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
- Key areas of investments identifying market opportunities and challenges in forecast timeframe.
- Competitive analysis of the industry players along with the overview on strategic management.
- Comprehensive company profiles of the major industry players.
Leading Players operating in the Pyrogen Testing Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Charles River
- Associates of Cape Cod, Inc.
- Hyglos GmbH
- Ellab A/S
- Merck KGaA
- Wako USA
- WuXi AppTec.,
Merck Partners with Solvias for Advanced Pyrogen Recognition Kit
Merck, a leading technology company announced its partnership with Solvias, the world leader in contract research, development and manufacturing of (CRO/CDMO). The collaboration unveiled PyroMAT™ System, a new Monocyte Activation Test kit for pyrogen detection. The new kit is predicted to witness demand owing to the first cell line based Monocyte Activation Test kit available in the market which can identify numerous kind of pyrogens in pharmaceutical raw materials and products.
This factor is expected to drive and enable growth for the global pyrogen testing market. The contamination caused due to the presence of pyrogen in biotherapeutics, medical devices and pharmaceutical products, is also a factor fueling demand for pyrogen testing and creating opportunities for companies to launch new products. For instance, Wickham Laboratories announced the Monocyte Activation Test, a new vitro test method, for the assessment of pyrogenicity of pharmaceutical products and medical devices.
Which is the Leading Segment in Pyrogen Testing Market?
North America to Dominate the Global Pyrogen Testing Market
Geographically, the global pyrogen testing market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America is presently leading the market as it witnesses an increasing number of cases of chronic and infectious diseases and a high presence of pharmaceutical and biotechnology companies.
North America is predicted to dominate the global market during the forecast period owing to the strict regulatory framework, improvements in R&D activities and well-developed health care infrastructure. The Asia Pacific market is projected to rise at a significant rate during the forecast period owing to the fewer stringent policies by the government for the development of drugs in the region. Rising demand for pyrogen products in the pharmaceuticals and biotechnology industries is enabling growth in the global pyrogen testing market.
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Reasons to Purchase this Report:
- Comprehensive analysis of the Pyrogen Testing Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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