DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Pyrogen Testing Market: Trend Analysis and Forecast to 2022" report to their offering.
In 2015, the size of global pyrogen testing market was valued at over USD 550 million. The value of global pyrogen market is projected to grow with a CAGR between 11.5% - 12% over the forecast by 2022.
The latest development in pharmaceutical research is the increasing number of new drug launches and rapid growth in pharmaceutical and biotechnology industry are the major factors driving the growth of pyrogen testing market. Furthermore, augmented R&D investment in life science drug and increased government support in biotechnology and pharmaceutical industries likely to support the growth of pyrogen testing market.
However, the increasing pressure to stop the usage of rabbits for pyrogen testing is likely to be the key restraining factor in the global pyrogen testing market. Stringent government regulation in the pharmaceutical industry are further restraining the market growth. Increasing marketing activities coupled with pharmaceutical outsourcing activities expected to bring more opportunities for major players in the market over the forecast period.
North America dominated the global pyrogen testing market and accounted market share of more than 38% in 2015. The emerging economies of Asia Pacific such as India, and China are the major contributors in growth of pyrogen testing market across the region. Low manufacturing cost of pharmaceutical products coupled with international medical facilities especially in India and China projected to drive market growth rapidly during the forecast period across the region.
- Associates of Cape Cod, Inc.
- Charles River Laboratories International, Inc
- Ellab A/S
- Hyglos Gmbh
- Lonza Group
- Merck & Co., Inc.
- Sigma-Aldrich Corporation
- Thermo Fisher Scientific, Inc.
- Wako Chemicals USA, Inc.
Key Topics Covered:
1. Report Overview
2. Executive Summary
3. Pyrogen Testing Market Overview
4. Global Pyrogen Testing Market, by Product Type
5. Global Pyrogen Testing Market, by Test Type
6. Global Pyrogen Testing Market, by Applications
7. Global Pyrogen Testing Market, by Region
8. Leading Companies
For more information about this report visit http://www.researchandmarkets.com/research/vqm9n9/global_pyrogen