Global Viral Clearance Market is expected to rise from its initial estimated value of USD 517million in 2016 to an estimated value of USD 2457 million by 2026, registering a CAGR of 21.50% in the forecast period of 2016-2026. Increasing investment on R&D is driving the growth of this market. Some of the major players operating in global viral clearance market are International, Inc., Lonza, Sigma-Aldrich Co., Wuxi Pharmatech (Cayman) Inc., Merck & Co., Thermo Fisher Scientific Inc., Texcell, BSL Bioservice, Avance Biosciences, SGS SA, Eurofins Scientific, General Electric, Danaher, Sartorius AG, Agilent Technologies, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, Pfizer Inc., Hospitech, CSL Behring, Illumina, Inc., Eppendorf AG, PromoCell GmbH, HiMedia Laboratories, BD, Biospherix, Ltd, , and Novogene Corporation among others
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Global viral clearance market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of viral clearance market for Global, Europe, North America, Asia Pacific, South America, Middle East & Africa.
Global Viral Clearance Market By Method (Viral Detection Method, Viral Removal, Viral Inactivation), Application (Vaccines and Therapeutics, Blood and Blood Products, Cellular and Gene Therapy Products, Tissue and Tissue Products, Stem Cell Products), End-User (Pharmaceutical and Biotechnology Companies, Contract Research Organizations, Academic Research Institutes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Viral clearance is stated as the removal of contaminated viral by chromatography technique. The development process for monoclonal antibodies, blood derived product , glycoprotein and recombinant protein. To ensure that therapeutic drugs derived from certain sources are fully rid of any viral contamination, these protein solutions undergo viral clearance to inactivate or remove viral materials.
- The increasing number of the new drug, increasing government initiatives.
- Rapid growth in pharmaceutical and biotechnology industries.
- Robust trend of r&d investments
- Growing number of new drug launches
- Quality assurance and quality control departments are majorly boosting the growth of the global virus clearance market.
- High degree of consolidation act is going to restrain the growth of market.
- Viruses can seriously infect all types of life forms from a bacterium to archaea and also animals and plants to microorganisms. Viruses also have the ability of infect bacterial cells.
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Segementation: Global Viral Clearance Market
- Viral Detection Method
- Viral Removal
- Viral Inactivation
- Low Ph
- Solvent Detergent Method
- Vaccines and Therapeutics
- Blood and Blood Products
- Cellular and Gene Therapy Products
- Tissue and Tissue Products
- Stem Cell Products
By End User
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations
- Academic Research Institutes
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In Feb. 2014, In collaboration with Sartorius-Stedim Biotech, Inc, Eurofins Lancaster Laboratories, Inc. scientists have been evaluating the effectiveness of UV-C treatment for inactivation of viruses. UV-C treatment at 254 nm targets primarily nucleic acids rather than proteins, so it should inactivate viruses while sparing the product.
Reasons to Purchase this Report
- Current and future of global viral clearance market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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