Endotoxin is a form of pyrogen and is an element of the exterior cell wall of Gram-negative bacteria, like E. coli. Endotoxin testing is testing method that is used for the quantitation and detection of bacterial endotoxins in implantable medical devices or injectable products that will make indirect or direct contact with the bloodstream or spinal fluid. This test can also be used in raw materials and for monitoring water systems to confirm that this does not contribute endotoxins to the finished product.
MARKET DYNAMIC - GLOBAL ENDOTOXIN TESTING MARKET
The growth for global endotoxin testing market is significantly growing from the past few decades. An increasing use of endotoxin testing methods in end use industries such as pharmaceutical, packaging and medical devices industry and rising development in automated data collection, reporting and management processes are major factors behind the growth of the market. Likewise, advancements in technology along with advanced laboratory testing procedure, a surge in the demand for biologics to perform several tests, and expansion in demand for advanced medical devices and therapeutic drugs are further expected to expand market growth during the forecast period. However, strict government regulations on animal testing is major restraining factor that could hamper the market growth.
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COVID 19 IMPACT ON ENDOTOXIN TESTING MARKET REPORT
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the endotoxin testing market. In addition, complete analysis of changes on endotoxin testing market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
ENDOTOXIN TESTING MARKET SEGMENTAL OVERVIEW
The study analyses global endotoxin testing market based on product type, test type, application and geography.
ENDOTOXIN TESTING MARKET BY PRODUCT TYPE
Various product types covered in global endotoxin testing market are endotoxin detection kits reagents, instruments systems, and consumables accessories. The endotoxin detection kits reagents segment is expected to witness rapid growth in the coming years. The endotoxin detection kits reagents is further bifurcated into endotoxin detection products, LAL test reagents, mycoplasma detection removal, PCR mycoplasma detection kit, mycoplasma elimination cocktail and others. Increasing introduction and manufacturing of endotoxin detection kits reagents by several manufacturing companies across the globe and increased adoption of these kits in various end use industries are attributable to the segment growth.
ENDOTOXIN TESTING MARKET BY TEST TYPE
Test types such as limulus amebocyte lysate test (LAL), monocyte activation test (MAT), rabbit pyrogen test, recombinant factor C (rFC) assay, and others are analyzed in the global endotoxin testing market. Limulus amebocyte lysate test (LAL) segment dominated the market in past few years and is likely to maintain its dominance during the forecast period. Limulus amebocyte lysate test has proven to be accepted as the most specific and sensitive process available for the detection of endotoxins in pharmaceutical and biotechnology products.
ENDOTOXIN TESTING MARKET BY APPLICATION
The market finds its application in medical device manufacturing, pharmaceutical manufacturing, packaging manufacture, and raw materials production. Segments such as medical device manufacturing and pharmaceutical manufacturing are expected to observe lucrative growth opportunities in the coming years. Increasing use of endotoxin testing products and solutions to perform endotoxin tests for implantable medical devices and injectable pharmaceutical products is attributed to the growth of the segments. According to research, annually, over 70 million endotoxin tests performed for these aforementioned products.
ENDOTOXIN TESTING MARKET BY GEOGRAPHY
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. North America held the largest market share of global endotoxin testing market and is likely to dominate the market over the estimated time frame. The advancements in techniques with endotoxins testing and increasing product approvals from the U.S. FDA, and growing market for medical devices industry are some of the major factors that attributed to the market growth in NA region. However, Asia-Pacific region is anticipated to grow with the highest growth rate during the estimated timeframe owing to the heavy investments in biotechnology and pharmaceuticals industries and rising adoption of advanced systems and kits for research and development of various vaccines.
ENDOTOXIN TESTING MARKET KEY PLAYERS
The major key players of market includes Charles River, Pacific BioLabs, Merck KGaA, Lonza, Nelson LaboratoriesLLC, Bio-Synthesis Inc, Biogenuix Medsystems Pvt. Ltd, GenScrip, Thermo Fisher Scientific, Inc, SGS SA, WuXi AppTec, Sartorius AG, Pace Analytical Services, LLC, TOXIKON, Eurofins Scientific, Source BioScience, STERIS, and Accugen Labs among others.
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