Global Pyrogen Testing Market — Industry Insights, Opportunity Analysis 2024

The pharmaceutical market was worth $1 trillion dollars in the fiscal year 2014 and it can potentially reach $1.6 trillion by 2020. Key pharmaceutical companies are making major investments in Research and Development to introduce new and innovative drugs for the emerging markets such as India, China and Japan. However, with the regulatory scenario becoming stringent, the pharmaceutical companies have introduced better quality assurance processes. The demand for pharmaceutical drugs is estimated to increase significantly in countries such as U.S., China and Japan as the population ages. The Market size of Pyrogen testing will be driven by the growth in medical devices industry. The development of advanced medical devices such as stents, pacemakers, and catheters has been a major factor for the growth of pyrogen testing market.

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