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.
Download PDF Brochure :http://www.marketsandmarkets.com/pdfdownload.asp?id=255266155
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.
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441

No comments:
Post a Comment