COVID-19 Impact : Monocyte Activation Test Market Exploring Future Growth 2019-2030 - Merck, Thermo Fisher Scientific, Becton
Monocyte Activation Test market was valued at over US$ 6.5 Mn. in 2018 and is anticipated to grow at a CAGR of 12.5% from 2019 to 2030.
New York, NY -- (SBWire) -- 05/07/2020 --Monocyte activation testing is the test that detects the presence of pyrogens (an element produced by bacterium that triggers fever in the body) in pharmaceutical products and all the medical devices. Pryogens are the harmful substances derived from microorganisms, inducing fever in animals and humans. When a pryogen enters in a bloodstream, it induces natural immunity that causes fever due to cytokines. Monocyte activation test (MAT) is capable of identifying endotoxin and non-endotoxin pyrogens, both in one single test. This test is supported by several regulatory bodies, and the MAT itself is strong enough to generate sensitive results dependent on human immune reaction.
The growing pandemic of corona virus has significantly impacted the extensive use of monocyte activation test. The rising number of positive cases of corona virus, across the globe gave rise to the use of this testing. Owing to the ability of recognizing and potential of the test to detect early symptoms in positive patients is devoted to the clinical utility. Wider use of monocyte activation test has disclosed crucial details in patients. These include presence of larger than normal monocytes that are easily detected on forward scatter and side scatter examination by regular flow cytometry. This also includes the presence of a different population of monocytes having high forward scatter.
Major Key Players of the Monocyte Activation Test Market are:
Merck, Thermo Fisher Scientific, Becton, Dickinson and Company, Sanquin, Charles River Laboratories International, Inc., Microcoat Biotechnologie GmbH, SOLVIAS AG and Lonza Group among others.
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The global monocyte activation test market is witnessing continuous advancements in test offerings and extensive growth in the product portfolio of major as well as local manufacturers. The growth of the global monocyte activation test market is attributed to increasing number of pharmaceutical and biotechnology industries globally, rising research and development, increased investments and surge in new drug approval activities. Additionally, a proposed ban on animal tests has resulted in reducing the use of the rabbit for pyrogen test. This is one of the significant factors that is driving the growth of monocyte activation tests globally. Increase in public and regulatory concerns about product safety further support the market growth.
Animals are used to test both the safety and efficacy of therapeutic drugs, cosmetics, household products, and chemicals. Fortunately there are developing numbers of effective non-animal alternatives that can replace the use of animals in pyrogen testing. Moreover, many countries have regulatory requirements that stipulate a ban on animal based pyrogen testing. There have been major changes in the European Union in recent years. In the EU the use of animals for pyrogen testing of cosmetic products has been banned since 2009, the use of animals for the testing of cosmetic ingredients also has been banned since March 2013.
Major Types of Monocyte Activation Test Market covered are:
Monocyte Activation Test Kits
Reagents
Major Applications of Monocyte Activation Test Market covered are:
Medical Devices
Lipid Parenteral
Dialysis Liquids
Blood Products
Toxic/immune-modulatory Drugs
Research objectives:-
– To study and analyze the global Monocyte Activation Test consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Monocyte Activation Test market by identifying its various sub-segments.
– Focuses on the key global Monocyte Activation Test manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Monocyte Activation Test with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Monocyte Activation Test Market Size
2.2 Monocyte Activation Test Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Monocyte Activation Test Market Size by Manufacturers
3.2 Monocyte Activation Test Key Players Head office and Area Served
3.3 Key Players Monocyte Activation Test Product/Solution/Service
3.4 Date of Enter into Monocyte Activation Test Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Monocyte Activation Test Sales by Product
4.2 Global Monocyte Activation Test Revenue by Product
4.3 Monocyte Activation Test Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Monocyte Activation Test Breakdown Data by End User
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In the end, Monocyte Activation Test industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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