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IMARC Group, a leading market research company, has recently releases report titled “Pyrogen Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global pyrogen testing market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
The global pyrogen testing market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Billion by 2028, exhibiting a growth rate (CAGR) of 10.3% during 2023-2028.
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Pyrogen testing is conducted to detect endotoxin and non-endotoxin pyrogenic impurities in aqueous parenteral. It assists in avoiding life-threatening diseases, ensuring the safety of the medical device and parenteral pharmaceutical product, and fatal endotoxic shock induced by substances. Commonly utilized methods of pyrogen testing include the recombinant factor C (RFC) test, limulus amebocyte lysate (LAL) test, rabbit pyrogen test (RPT), and monocyte activation test (MAT). In addition, it is sensitive, robust, and scalable. As a result, pyrogen testing finds widespread applications in healthcare, biologics, and pharmaceuticals across the globe.
The escalating demand for these solutions to safely develop and release infection-free products at a cost-effective price and to determine the presence of metabolites or microbes in drugs during the production process is among the primary factors driving the pyrogen testing market. Besides this, the expanding pharmaceutical and biotechnology industries across the globe and the elevating presence of chronic ailments, such as cancer, heart disease, and diabetes, are further augmenting the market growth. Moreover, the growing popularity of pyrogen testing in the production of COVID-19 vaccines, as it aids in improving the management of infectious illnesses by determining the disease recovery, severity, and sequelae, is also catalyzing the global market. Apart from this, the leading players are introducing cost-effective and technologically advanced techniques that offer a more relevant projection of pyrogenic activity compared to the conventional methods, which is acting as another significant growth-inducing factor. Furthermore, the launch of several policies by the government bodies to fund research and development (RD) activities to create new therapeutics is anticipated to propel the pyrogen testing market over the forecasted period.
The report has segmented the market into the following categories:
Breakup by Product:
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The report covers the major market players including:
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