Global Pyrogen Testing Market 2019-2023| High Demand for Biopharmaceuticals to Treat Various Diseases to Boost Growth| Technavio

The global pyrogen testing market is expected to post a CAGR of over 12%
during the period 2019-2023, according to the latest market research
report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20190408005041/en/

The global pyrogen testing market will post a CAGR of over 12% during the period 2019-2023 (Graphic: Business Wire)

Supplemented by a broad range of applications and scientific advances,
pyrogen testing has witnessed a tremendous transformation in recent
years. Currently, the designing and development of pyrogen testing
products that are more reliable and convenient and can operate for
extended periods is gaining popularity. Moreover, devices that are
smaller and generate minimal noise and heat are expected to be launched
in the market during the forecast period. Thus, technological advances
and the launch of innovative products will drive the growth of the
global pyrogen testing market during the forecast period.

As per Technavio, the high demand for biopharmaceuticals to treat
various diseases will have a positive impact on the market and
contribute to its growth significantly over the forecast period. This global
pyrogen testing market 2019-2023 research report also
analyzes other important trends and market drivers that will affect
market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Global pyrogen testing market: High demand for
biopharmaceuticals to treat various diseases

In the past few years, there has been a significant increase in the
demand for biopharmaceutical products, especially those extracted from
mammalian cells. This is because these products speed up the recovery
process, cure a wide range of diseases, have fewer side effects compared
with conventional drugs, and allow clinicians to provide tailored
treatments to individuals with specific medical conditions.

Pyrogen testing enables faster process development and provides
predictable performances in pharmaceutical operations such as facility
fit and downstream process integration. The advantages of performing
pyrogen testing, such as consistency and easy testing for
cross-reactivity, have increased the demand for biopharmaceuticals,
thereby augmenting the growth of the global pyrogen testing market.

“Apart from the high demand for biopharmaceuticals to treat various
diseases, the increased investment in R&D, the increasing global
initiatives by stakeholders in the biopharmaceutical industry, and the
increased focus on outsourcing are some other factors that are boosting
the growth of the global pyrogen testing market,” says a senior
analyst at Technavio.

Global pyrogen testing market: Segmentation
analysis

This market research report segments the global pyrogen testing market
by end-user (pharmaceutical and biotechnology companies, medical device
companies, food and beverage manufacturers) and geographical regions
(North America, Europe, Asia, and ROW).

The North American region led the market in 2018, followed by Europe,
Asia, ROW respectively. However, during the forecast period, the Asian
region is expected to register the highest incremental growth due to the
increased presence of biotechnology companies and research laboratories
in the region.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

View source version on businesswire.com: https://www.businesswire.com/news/home/20190408005041/en/