Global Monocyte Activation Test Market Size Study, by Product (MAT Kits, Reagents), by Source (PBMC Based, Cell Line Based), by Application (Drug Development, Vaccine Development, Medical Device Testing, Others), by End Use (Pharmaceutical Industry, Biote

The Global Monocyte Activation Test (MAT) Market was valued at approximately USD 511.99 million in 2023 and is anticipated to grow at a CAGR of 15.9% over the forecast period 2024-2032. The rising demand for safer pharmaceutical and biopharmaceutical products, coupled with the increased adoption of in-vitro alternatives to animal testing, is driving market growth. Regulatory agencies, including the FDA and European Pharmacopeia, have actively endorsed MAT, accelerating its market adoption. Additionally, the increasing awareness of ethical testing methods, along with ongoing advancements in MAT technology, is fostering industry expansion. The growing prevalence of chronic diseases and the rise in biologics development necessitate accurate pyrogen detection, further boosting market demand. Technological innovations, including luciferase-based assays and cryopreserved PBMC-based testing, are improving the reliability and efficiency of MAT, solidifying its presence in the industry.

The regulatory landscape is significantly influencing the MAT market, especially in Europe, where the European Pharmacopoeia Commission (EPC) has mandated the elimination of the Rabbit Pyrogen Test (RPT) by July 2025, transitioning to in-vitro testing methods such as MAT. This shift aligns with global sustainability goals and ensures the safety, efficacy, and quality of drugs, vaccines, and medical devices. Pharmaceutical and biotechnology companies are integrating MAT into quality control procedures as it provides more accurate human inflammatory response assessments compared to conventional methods. These factors have accelerated the adoption of MAT, reinforcing its position as the gold standard in pyrogen testing.

The MAT market is experiencing a technological evolution with the introduction of next-generation testing solutions. Innovations like Lonza Bioscience’s PyroCell MAT System, which employs cryopreserved PBMCs, are eliminating donor qualification challenges and enhancing assay efficiency. These advancements address lot-to-lot variability and reduce labor-intensive processes, ensuring on-demand testing for pharmaceuticals and biologics. Moreover, novel LumiMAT™ assays, leveraging luciferase-based reporter genes, have revolutionized high-sensitivity pyrogen detection, eliminating reliance on ELISA-based techniques. This transition towards automation and standardization is ensuring greater accuracy and repeatability in MAT applications across the pharmaceutical and biotechnology industries.

From a geographical perspective, North America dominates the market due to its strong pharmaceutical and biotechnology sectors, stringent regulatory guidelines, and widespread adoption of advanced in-vitro testing methodologies. Europe follows closely, propelled by regulatory mandates phasing out animal-based testing methods. Meanwhile, Asia-Pacific is expected to witness the fastest growth, with China, Japan, and India emerging as leading adopters due to the expansion of biopharmaceutical manufacturing and regulatory enhancements. The increasing global shift towards in-vitro, ethical, and sustainable testing methodologies continues to solidify MAT’s position as the preferred solution for pyrogen detection.

Major Market Players Included in This Report Are:
• Lonza Group
• Charles River Laboratories
• Bio-Rad Laboratories
• Merck KGaA
• Seikagaku Corporation
• Hyglos GmbH
• Wako Chemicals USA
• Thermo Fisher Scientific
• MAT BioTech
• Eurofins Scientific
• Sanquin Reagents B.V.
• FUJIFILM Wako Pure Chemical Corporation
• Nelson Laboratories, LLC
• GenScript Biotech Corporation
• Sartorius AG

The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Product
• MAT Kits
• Reagents

By Source
• PBMC Based
• Cell Line Based

By Application
• Drug Development
• Vaccine Development
• Medical Device Testing
• Others

By End-Use
• Pharmaceutical Industry
• Biotechnology Industry
• Medical Device Industry
• Others

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of MEA

Years Considered for the Study Are As Follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 Years (2022-2032)
• Annualized Revenue and Regional Analysis for Each Market Segment
• Geographical Landscape with Country-Level Analysis for Major Regions
• Competitive Landscape with Key Market Players
• Analysis of Key Business Strategies and Recommendations for Market Approach
• Demand-Side and Supply-Side Market Analysis

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Chapter 1. Global Near Infrared Imaging Market Executive Summary
1.1. Global Near Infrared Imaging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Product
1.3.2. By Indication
1.3.3. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Near Infrared Imaging Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Near Infrared Imaging Market Dynamics
3.1. Market Drivers
3.1.1. Rising prevalence of cancer and cardiovascular diseases
3.1.2. Advancements in AI-based near-infrared imaging technology
3.1.3. Increasing adoption of minimally invasive surgeries
3.2. Market Challenges
3.2.1. High cost of near-infrared imaging devices
3.2.2. Limited availability of skilled professionals
3.3. Market Opportunities
3.3.1. Expansion of near-infrared imaging in neurology and preclinical research
3.3.2. Innovations in fluorescence-guided imaging agents
Chapter 4. Global Near Infrared Imaging Market Industry Analysis
4.1. Porter’s Five Forces Analysis
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s Five Forces Model
4.1.7. Porter’s Five Forces Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Investment & Funding Scenario
4.4. Disruptive Trends in the Near Infrared Imaging Industry
4.5. Industry Expert Perspectives
4.6. Analyst Recommendations
Chapter 5. Global Near Infrared Imaging Market Size & Forecasts by Product (2022-2032)
5.1. Segment Dashboard
5.2. Global Near Infrared Imaging Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Devices
5.2.1.1. Near-infrared Fluorescence Imaging Systems
5.2.1.2. Near-infrared Fluorescence & Bioluminescence Imaging Systems
5.2.2. Reagents
5.2.2.1. Indocyanine Green (ICG)
5.2.2.2. Other Reagents
Chapter 6. Global Near Infrared Imaging Market Size & Forecasts by Indication (2022-2032)
6.1. Segment Dashboard
6.2. Global Near Infrared Imaging Market: Indication Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Preclinical Imaging
6.2.2. Cancer Surgeries
6.2.3. Gastrointestinal Surgeries
6.2.4. Cardiovascular Surgeries
6.2.5. Plastic/Reconstructive Surgeries
6.2.6. Other Applications
Chapter 7. Global Near Infrared Imaging Market Size & Forecasts by End Use (2022-2032)
7.1. Segment Dashboard
7.2. Global Near Infrared Imaging Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. Hospitals & Clinics
7.2.2. Pharmaceutical & Biotechnology Companies
7.2.3. Research Laboratories
Chapter 8. Global Near Infrared Imaging Market Size & Forecasts by Region (2022-2032)
8.1. North America Near Infrared Imaging Market
8.1.1. U.S. Near Infrared Imaging Market
8.1.2. Canada Near Infrared Imaging Market
8.1.3. Mexico Near Infrared Imaging Market
8.2. Europe Near Infrared Imaging Market
8.2.1. UK Near Infrared Imaging Market
8.2.2. Germany Near Infrared Imaging Market
8.2.3. France Near Infrared Imaging Market
8.2.4. Italy Near Infrared Imaging Market
8.2.5. Spain Near Infrared Imaging Market
8.2.6. Denmark Near Infrared Imaging Market
8.2.7. Sweden Near Infrared Imaging Market
8.2.8. Norway Near Infrared Imaging Market
8.3. Asia-Pacific Near Infrared Imaging Market
8.3.1. Japan Near Infrared Imaging Market
8.3.2. China Near Infrared Imaging Market
8.3.3. India Near Infrared Imaging Market
8.3.4. Australia Near Infrared Imaging Market
8.3.5. South Korea Near Infrared Imaging Market
8.3.6. Thailand Near Infrared Imaging Market
8.4. Latin America Near Infrared Imaging Market
8.4.1. Brazil Near Infrared Imaging Market
8.4.2. Argentina Near Infrared Imaging Market
8.5. Middle East & Africa Near Infrared Imaging Market
8.5.1. South Africa Near Infrared Imaging Market
8.5.2. Saudi Arabia Near Infrared Imaging Market
8.5.3. UAE Near Infrared Imaging Market
8.5.4. Kuwait Near Infrared Imaging Market
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Quest Diagnostics Incorporated
9.1.2. Stryker
9.1.3. KARL STORZ SE & Co. KG
9.2. Top Market Strategies
9.3. Company Profiles
Chapter 10. Research Process
10.1. Research Process Overview
10.2. Data Collection & Sources
10.3. Primary Research Approach
10.4. Secondary Research Approach
10.5. Market Estimation Techniques
10.6. Data Validation & Triangulation
10.7. Assumptions & Limitations
10.8. Publishing Process
10.9. Research Attributes
10.10. Disclaimer
List of Tables
TABLE 1. Global Near Infrared Imaging Market, Report Scope
TABLE 2. Market Revenue by Product Type, 2022 & 2032
TABLE 3. Market Revenue by Indication, 2022 & 2032
TABLE 4. Market Revenue by End Use, 2022 & 2032
TABLE 5. Regional Market Growth Rates (2022-2032)
TABLE 6. Competitive Landscape Analysis
TABLE 7. Near Infrared Imaging Market by Product Segmentation, 2022-2032 (USD Billion)
TABLE 8. Near Infrared Imaging Market by Indication, 2022-2032 (USD Billion)
TABLE 9. Near Infrared Imaging Market by End Use, 2022-2032 (USD Billion)
TABLE 10. North America Near Infrared Imaging Market, Revenue Trend Analysis
TABLE 11. Europe Near Infrared Imaging Market, Revenue Trend Analysis
TABLE 12. Asia-Pacific Near Infrared Imaging Market, Revenue Trend Analysis
TABLE 13. Latin America Near Infrared Imaging Market, Revenue Trend Analysis
TABLE 14. Middle East & Africa Near Infrared Imaging Market, Revenue Trend Analysis
TABLE 15. Key Developments by Major Market Players
TABLE 16. Market Investment & Funding Overview
List of Figures
FIGURE 1. Global Near Infrared Imaging Market, Research Methodology
FIGURE 2. Market Revenue Trends by Product Type
FIGURE 3. Market Revenue Trends by Indication
FIGURE 4. Regional Market Breakdown
FIGURE 5. Competitive Positioning of Key Market Players
FIGURE 6. Global Near Infrared Imaging Market, Growth Prospects 2022-2032
FIGURE 7. Porter’s Five Forces Analysis – Near Infrared Imaging Market
FIGURE 8. PESTEL Analysis – Near Infrared Imaging Market
FIGURE 9. Market Share by Region, 2022 & 2032
FIGURE 10. Investment & Funding Overview in Near Infrared Imaging Market
FIGURE 11. Emerging Trends in Near Infrared Imaging Technology
FIGURE 12. Competitive Market Structure Analysis
FIGURE 13. SWOT Analysis of Major Market Players
FIGURE 14. Global Near Infrared Imaging Market, Demand-Supply Scenario
FIGURE 15. Key Mergers & Acquisitions in the Market
This list is not complete. The final report contains more than 50 figures. The list may be updated in the final deliverable.

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