Pyrogen testing market global forecasts to 2021

  • View
    25

  • Download
    0

Embed Size (px)

Transcript

  • 1sales@marketsandmarkets.com www.marketsandmarkets.com

    PYROGEN TESTING MARKET

    GLOBAL FORECASTS TO 2021

    PYROGEN TESTING MARKET - GLOBAL FORECASTS TO 2021 By Product (Instruments, Services, Kits And Reagents), By Application (Pharmaceutical & Biotechnology, Medical Devices, Other), & By Test (In Vitro, LAL, Gel Clot, Turbidimetric, Chromogenic, Rabbit)

    REPORT OVERVIEW

    1.1 OBJECTIVES OF THE STUDY

    To define, describe, and forecast the pyrogen testing market on the basis of test, application, product, and region

    To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific trends)

    To analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market

    To analyze opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders

    To forecast the revenue of the market segments with respect to four main regional segments, namely, North America, Europe, Asia, and the Rest of the World

    To profile key players and comprehensively analyze their market shares and core competencies in terms of market development and growth strategies

    To track and analyze competitive developments such as partnerships, agreements, collaborations; acquisitions; new product launches; and research and development activities in the pyrogen testing market

    HEALTHCARE

  • 2sales@marketsandmarkets.com www.marketsandmarkets.com

    1.2 MARKET DEFINITION

    Pyrogens are molecular products of microbial origin that induce immunologic reactions in humans or test animals when administered parenterally. Pharmaceutical, biotechnological, and medical device companies carry out pyrogen testing to investigate the quality of raw materials as well as process control and validation of end products.

    1.2.1 MARKETS COVERED

    FIGURE 1 GLOBAL PYROGEN TESTING MARKET

    BY TEST BY APPLICATION BY PRODUCT BY REGION

    LAL Test

    In Vitro Pyrogen Test

    Rabbit Test

    Pharmaceuticals and Biologicals Manufacturing

    Medical Device Manufacturing

    Other Applications

    Instruments

    Kits and Reagents

    Services

    North America

    Europe

    Asia

    Rest of the World (RoW)

    PYROGEN TESTING MARKET

    Note1: Other applications include water purification, food and beverage, cosmetics, plastics and glass products.

    Note2: The RoW includes Africa, Pacific & Oceania, South America, Central America, and the Caribbean.

    1.2.2 YEARS CONSIDERED FOR THE STUDY

    2014

    HISTORICAL YEAR

    2015

    BASE YEAR

    2016-e

    ESTIMATED YEAR

    2021-p

    FORECASTED YEAR

    Note: e Estimated Year; p Projected Year

    INTRODUCTION

  • 3sales@marketsandmarkets.com www.marketsandmarkets.com

    1.3 CURRENCY

    The currency used for this report is USD, with market size indicated in USD million.

    For companies reporting their revenue in USD, the revenues were picked from their annual reports

    For companies that reported their revenues in other currencies, the average annual currency conversion rate was used for that particular year to convert the value to USD

    1.4 LIMITATIONS

    Some of the companies in this market are privately owned and their revenues are not available in the public domain. Hence, revenues for those companies are not included in this report

    Company developments not reported in the public domain are not included in the report

    1.5 STAKEHOLDERS

    Pyrogen Testing Product Manufacturers and Vendors

    Associations related to Pharmaceutical and Biotechnological Research

    Research Institutes and Contract Research Organizations (CROs)

    Market Research and Consulting Firms

    Distributors of Pyrogen Testing Products

    INTRODUCTION

  • 4sales@marketsandmarkets.com www.marketsandmarkets.com

    2 RESEARCH METHODOLOGY

    This research study involved the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Business, Factiva, and Avention, to identify and collect information useful for this technical, market-oriented, and commercial study of the pyrogen testing market.

    Primary sources included several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, reimbursement providers, technology developers, alliances, and standards and certification organizations from companies and organizations related to all segments of this industrys value chain. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information and assess future prospects.

    FIGURE 2 RESEARCH DESIGN

    MARKET DRIVERS: Rapid growth in the pharmaceutical and biotechnology industries Increasing number of new drug launches Strong trend of R&D in the life science industry Increasing government support for the pharmaceutical and

    biotechnology industries

    High prevalence and large economic burden of chronic diseases

    MARKET OPPORTUNITIES:

    Emerging economies present significant opportunities for the pyrogen testing market

    Increasing pharmaceutical outsourcing

    MARKET RESTRAINT:

    High degree of consolidation acts as an entry barrier for new entrants

    MARKET TREND:

    Shift from animal-based testing to in vitro testing

    HISTORICAL DATA FOR THE PYROGEN TESTING MARKET

    INFLUENCING FACTORS (Market Trends and Dynamics)

    HISTORICAL DATA OF THE MARKET

    MARKET SIZE & FORECAST: By Application By Test By Product By Region

    ARRIVE AT THE MARKET SIZE, SHARE, AND CAGR

    FOR THE PYROGEN TESTING MARKET

    COMPETITIVE LANDSCAPECOMPANY DEVELOPMENT

    IMPACT ANALYSIS OF MARKET TRENDS

    MARKET AND COMPETITIVE INTELLIGENCE

    ACQUISITIONS: 11 deals between 2011 and 2016 NEW PRODUCT LAUNCHES: 10 new product launches between 2011 and 2016 AGREEMENT, PARTNERSHIPS, AND COLLABORATIONS: 13 developments between

    2011 and 2016 EXPANSIONS: 16 developments between 2011 and 2016

    MARKET SHARE ANALYSISPORTERS ANALYSIS & STRATEGIC

    BENCHMARKING

    RESEARCH METHODOLOGY

  • 5sales@marketsandmarkets.com www.marketsandmarkets.com

    In the secondary research process, various secondary sources were referred to identify and collect information for this study. Secondary sources include annual reports, press releases, investor presentations of companies, white papers, journals, certified publications, articles from recognized authors, gold-standard and silver-standard websites, disease-specific organizations, directories, and databases.

    Secondary research was mainly used to obtain key information about the industrys supply chain, the markets monetary chain, and the total pool of key players; market classification and segmentation according to industry trends to the bottom-most level; geographical markets; and key developments from both market- and technology-oriented perspectives.

    In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the pyrogen testing market. Primary sources from the demand side include academicians, laboratory technicians and technologists, purchase managers in biotechnology and pharmaceutical companies, and researchers.

    After complete market engineering (which includes calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate critical numbers arrived at. Primary research was also conducted to identify segmentation types; industry trends; key players; competitive landscape of pyrogen testing products supplied by different types of market players; and key market dynamics such as drivers, restraints, opportunities, industry trends, and key player strategies.

    In the complete market engineering process, both top-down and bottom-up approaches were extensively used along with several data triangulation methods to perform market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

    2.1 MARKET SIZE ESTIMATION

    Both top-down and bottom-up approaches were used to estimate and validate the size of the global market and to estimate the size of various other dependent submarkets in the overall pyrogen testing market. The research methodology used to estimate the market size includes the following details:

    The key players in the market were identified through secondary research and their market shares in the respective geographies were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined by using secondary sources and verified through primary