Pyrogen Testing Market Size Expected To Reach $ 2,220.5 Million With A CAGR Of 12.4% By 2028 | Thermo Fisher Scientific

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Pyrogen test

SEATTLE, WASHINGTON, USA, January 3, 2022 /EINPresswire.com/ – Market Insight- Pyrogen Testing Market

Market Snapshot

Pyrogen testing is an essential part of advanced healthcare practice where it shows the presence of a pyogenic organism that causes fever. Usually, pyrogen is present in lipopolysaccharides and lepoteichoic acid. Contaminated pyrogens can cause harmful effects such as fever in the human body. Pyrogenic tests are generally used for the detection of pyrogenic contamination in pharmaceutical dosage forms and medical devices. Injections, post-administration, with pyrogenic contaminations can cause body pain, fever, shock, inflammation, multiple organ failure and other serious health problems.

The global pyrogen testing market is estimated to be worth US $ 979.7 million in 2020 and is expected to grow at a CAGR of 12.4% during the forecast period (2020-2027).

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Market factors

The increase in product launches by key companies is expected to drive the growth of the global pyrogen testing market during the forecast period. Key companies are involved in research and development activities to launch new technologies, in order to expand their presence in the market. For example, in May 2018, bioMérieux SA, a company specializing in industrial microbiological control, announced the launch of ENDOZYME II GO, an endotoxin test. The company has launched ENDOZYME II GO as part of the Recombinant Horseshoe Crab Factor C (rFC) line of assays, which can test for endotoxins in the pharmaceutical grades of water, parenteral drugs and other pharmaceutical products.

The continued research and development of therapeutic drugs and medical devices are expected to propel the growth of the global pyrogen assays market during the forecast period. The main players in the market are emphasizing the development of therapeutic drugs, in order to meet unmet needs. According to the United Nations Educational, Scientific and Cultural Organization (UNESCO), as of November 2016, approximately US $ 1.7 trillion was spent on research and development for various medical applications around the world. Additionally, the United States Food and Drug Administration (FDA) and its Center for Drug Evaluation and Research (CDER) approved approximately 59 new drugs in 2018, up from 46 new molecular entity approvals in 2017.

Impact of the COVID-19 pandemic

The coronavirus disease pandemic (COVID-19) is the most recent outbreak, which was first reported on December 31, 2019 in Wuhan, China. The World Health Organization declared the coronavirus disease (COVID-19) as a pandemic on March 11, 2020.

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According to the World Health Organization’s Coronavirus Disease (COVID-19) Weekly Epidemiological Update, approximately 25 million cases and 800,000 deaths from coronavirus disease (COVID-19) were reported on August 31, 2020 worldwide.

This dynamic increase in the number of COVID-19 cases across the world has encouraged biotechnology and pharmaceutical companies to develop advanced detection kits and drugs for COVID-19, which is expected to propel the growth of the pyrogenic testing market over the course of of the forecast period.

Market constraints

Strict regulatory policies that control the manufacture, marketing and distribution of medical devices are expected to restrain the growth of the global pyrogen testing market during the forecast period.

Competition section

The main companies involved in the global pyrogen testing market are Thermo Fisher Scientific, Merck KGaA, Lonza Group, Associates of Cape Cod Inc., Charles River Laboratories Inc., GenScript, WuXi PharmaTech (Cayman), Inc., bioMérieux, Wako Chemicals USA, Inc., Sanquin, Ellab A / S and Pyrostar.

𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐥𝐚𝐭 𝟑𝟎% 𝐎𝐅𝐅

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