Infinium Global Research Pyrogen Testing Market | Page 2

A latest report has been added to the wide database of Pyrogen Testing Market by Infinium Global Research. This report
studies the Pyrogen Testing Market by product type (kits and reagents market, services market, and instruments market),
application (pharmaceuticals and biological manufacturing, medical devices manufacturing), types of test (vitro pyrogen test,
LAL, test and rabbit test) market status and outlook of global and major regions, from manufacturers, and end industries. The
objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values
for the next six years. Pyrogen Testing Market provides opportunities in micro markets for stakeholders to invest along with
the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the Pyrogen
Testing Market. According to report the global pyrogen testing market is projected to grow at a CAGR of 10.5% over the
forecast period of 2017-2023. Latest development in pharmaceutical research, 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 regulations 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.
Segments Covered:
The report segments the pyrogen testing market by product type, by application, types of test and region. Market
segmentation based on product includes kits and reagents market, services market and instruments market. The application
segment comprises pharmaceuticals and biological manufacturing, medical devices manufacturing and other applications. On
the basis of types of tests market is segmented into vitro pyrogen test, LAL (limulus amebocyte lysate) test and rabbit test.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Latin America and
Rest of the World. North America dominated the global pyrogen testing market and accounted market share of more than
38% in 2015. Presence of strong key players in the region, who responsible for big investment in R & D is expected to drive
the dominance of North America over the forecast period. Furthermore, Asia pacific is anticipated to grow at a highest CAGR
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