Pyrogen Testing Global Market Is Projected To Reach $2.2 Billion By 2030: Growing Importance Of Animal-Free In Vitro Pyrogen Testing Fuels The Sector

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Dublin, April 18, 2023 (GLOBE NEWSWIRE) -- The "pyrogen testing: global strategic business report" report has been added to ResearchAndMarkets.com's offering.
The global market for Pyrogen Testing estimated at US$980.3 Million in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 10.7% over the analysis period 2022-2030.

Assays, Kits & Reagents, one of the segments analyzed in the report, is projected to record a 11.2% CAGR and reach US$1.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 10.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $267.1 Million, While China is Forecast to Grow at 14.9% CAGR
The Pyrogen Testing market in the U.S. is estimated at US$267.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$498.7 Million by the year 2030 trailing a CAGR of 14.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 8.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$325 Million by the year 2030.
Select Competitors (Total 12 Featured) -

• Associates of Cape Cod, Inc.
• Charles River Laboratories International, Inc.
• Ellab A/S
• GenScript Biotech Corporation
• Hyglos GmbH
• Lonza Group AG
• Merck KgaA
• Thermo Fisher Scientific, Inc.
• Wako Chemicals USA, Inc.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Report Attribute	Details
No. of Pages	158
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$980.3 Million
Forecasted Market Value (USD) by 2030	$2200 Million
Compound Annual Growth Rate	10.6%
Regions Covered	Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Pyrogen Testing: Overview & Outlook
• Pyrogen Testing - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS

• Prevalence of Infectious Diseases: Major Driver
• Growing Importance of Animal-Free In Vitro Pyrogen Testing
• MAT Testing Seeks Role
• Bacterial Endotoxin Testing (BET) Remains Relevant
• LAL Testing: Prominent Segment
• Pharmaceutical Firms Rely On Pyrogen Detection

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
IV. COMPETITION

For more information about this report visit

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• global market for pyrogen testing

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