Uploaded on Aug 13, 2020
The global viral clearance market was valued at US$ 319.6 Million in 2019 and is projected to reach US$ X,XXX.1 Million by 2027, expanding at a CAGR of 20.6% during the forecast period.
Viral Clearance Market Size, Share & Industry Forecast 2027
*Global Viral Clearance Market
By Method, By Application, By
End User, By Region
*The global viral clearance market was valued at US$ 319.6 Million in 2019
and is projected to reach US$ X,XXX.1 Million by 2027, expanding at a
CAGR of 20.6% during the forecast period. The market is driven by
factors such as increasing government funding for the pharmaceutical
and biotechnology industries, rise in number of new drug launches, R&D
investments in life science, technology advancements in nanofiltration,
and increase in emphasis on quality assurance and quality control
departments.
*
On the basis of methods, the market is segmented into viral removal and
viral inactivation. The viral removal is sub-segmented into
chromatography, nanofiltration, and precipitation. The chromatography
segment is expected to account for a significant share of the market
between 2020 and 2027. Adoption of new technology and increasing need
for filtration drive the demand for nanofiltration. The nanofiltration
segment is expected to expand at a CAGR of XX.0% during the forecast
period. The viral inactivation segment is further divided into low pH,
solvent detergent method, pasteurization, and others. The low pH
segment is estimated to expand at a X0.6% CAGR in the forecast period,
between 2020 and 2027.
*The viral removal segment accounted for the dominant share of the
market in 2019. This segment is also expected to expand at a XX.7%
CAGR, in the the forecast period, between 2020 and 2027. The significant
share of this segment is primarily attributed to the growth of R&D
activities by biopharmaceutical companies; high acceptance of this
method; and the accuracy, speed, and flexibility provided by the method
in life sciences research.
Based on applications, the global viral clearance market is segregated
into recombinant protein, blood and blood products, vaccines, cell and
gene therapy, monoclonal antibody, stem cell, hormones, and others.
The recombinant proteins segment is expected to dominate the market
during the forecast period due to large-scale production of recombinant
protein, it finds it’s application in applications in the field of
proteomics, structural biology, and protein therapeutics. When large
quantities of protein needs to be produced, cells must be cultured in
large volumes by the implementation of fermentation techniques, as the
production of these proteins increases the demand for the viral clearance
process. The stem cell segment is estimated to expand at a CAGR of
21.2% during the forecast period, due to the increasing use of stem cell
in the treatment of various diseases, rising public and private funding for
stem cell research, and growing awareness about stem cell therapies.
*On the basis of end-users, the viral clearance market is Classified
as medical device companies, laboratories, animal facilities, cell
banks, and consultants, and media/sera manufacturers,
pharmaceutical & biotechnology companies, contract research
organizations (CROs), academic research institutes, and others.
The contract research organizations (CROs) segment is expected
to register a CAGR of 20.9% between 2020 and 2027. Rapid growth
in this segment is attributed to the ability of CROs to invest in
infrastructure for drug discovery and rising trend of outsourcing
drug discovery services to CROs by pharmaceutical companies,
academic institutes, and biotechnology companies.
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*Global Viral Clearance Market Segment
* In terms of regions, the market has been fragmented into North
America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. The market in Asia Pacific is anticipated to expand at a
CAGR of 21.1% during the forecast period,. Rise in funding for
medical research, large presence of a large number of CROs to
provide preclinical and clinical research services in China, increase
in aging population, growth in pharmaceutical R&D expenditures in
emerging countries such as India, China, and surge in
pharmaceutical manufacturing boost the growth of the viral
clearance market in Asia Pacific.
North America is expected to account for a significant share of the
market. The market in the region is driven by the growth in the
pharmaceuticals industry and rising number of drug approvals.
Increasing prevalence of diseases, growing production of
monoclonal antibodies, and rising government support for the
development of drugs are some factors driving the viral clearance
market.
* Global Viral Clearance Market Regional
Outlook
*Key players in the market include Wuxi Biologics, Merck KGaA, and
Charles River Laboratories International Inc. They considered as
key players in the market based on their different varieties of
product availability, regional presence, better supply chain
management system, and increasing demand for products.
*Global Viral Clearance Market Major Player Anlaysis
Report Attribute GloRbeaplo Vrti rDaelt aCillesarance Market Report Attribute
Base Year 2019
Historical Data 2017
Forecast Year 2027
Growth Rate 20.6%
Market Value in 2019 US$ 319.6 Million
Global - North America, Europe, China, Rest of Asia
Regional scope Pacific, Central & South America, and the Middle
East & Africa
By Method (Viral Removal, Viral Inactivation), By
Application (Recomninant Protein, Blood & Blood
Products, Vaccines, Cell & Gene Therapy,
Segments covered Monoclonal Antibody, Stem Cell, Hormones,
Others), By End User (Pharmaceutical &
Biotechnology Companies, Contract Research
Organisation, Academic Research Institues, Other)
WuXi Biologics,CHARLES RIVER LABORATORIES
INTERNATIONAL, INC,Merck KGaA,Texcell
Key companies profiled SA,Kedrion S.p.A,Lonza,VIRUSURE,Vironova,Eurofins
Scientific,Cleancells
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