Wednesday, 4 October 2017

LAL Assays Widely Used for Pyrogen Testing | Asian Market Poised for Rapid Growth

Pyrogen Testing Market, By Product (Instruments, Services, Kits & Reagents), By Test (In Vitro, LAL, Rabbit Test), By Application (Pharmaceutical & Biotechnology Companies, Medical Devices, Other Applications) – Global Forecast to 2019



Pyrogen testing is mandatory for all drugs and medical devices intended for medical or veterinary use. Pyrogen testing is carried out at all levels of pharmaceutical and biopharmaceutical manufacturing process to minimize the risk of product contamination. Growth in pharmaceutical and biotechnology industries will drive the growth of the pyrogen testing market. The growth of this industry will also be aided by increase in number of new drug launches, strong trend of R&D in life science, and increasing government support for the pharmaceutical and biotechnology industries.


The test segments included in this report are in vitro pyrogen test, LAL test, and rabbit test. The LAL test will be major revenue pockets for the pyrogen testing market in the forecast period (2014-2019). The LAL test is the most widely used test method in the pyrogen testing market, and is also expected to grow at the highest rate amongst all test segments in this market. In fact, the estimated market size of LAL test in 2019 is expected to be larger than the combined market size of the other two test segments in that year. The Limulus Amebocyte Lysate (LAL) test is gold standard method for detection of bacterial toxins or pyrogens.

The LAL test method is an alternative method for rabbit pyrogen test to detect pyrogens in sterile parenteral drugs. The ease of use of LAL test and its cost advantages over other test like rabbit test makes it the most widely used test in this market. Another important advantage of LAL test over the rabbit test is that LAL test is in accordance with the requirements of the European Pharmacopoeia Commission (Ph. Eur.) for the replacement of the animal-based tests. The Ph. Eur. is in favor of alternative methods where possible.

North America accounted for the largest share of the global pyrogen testing market in 2014. Asia is expected to grow at the highest CAGR in the forecast period for this report (2014–2019), and represents an important revenue pocket for the pyrogen testing market. Asia is expected to witness a steady year-on-year growth, owing to the trend of outsourcing drug discovery research activities to countries in this geography. 

Moreover, an increase in government support for pharmaceutical and biotechnology industries in this region will further fuel the demand for products offered in the pyrogen testing market. For instance, beginning in 2014, the Indian government plans to invest up to $5 billion a year for the next five years, to boost the biotechnology sector in the country and make it a $100 billion industry by 2025. Similarly, the Chinese government is also taking various initiatives to promote life sciences research, and plans to invest more than $300 billion in biotechnology from 2012 to 2017.




Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441


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