New York, NY, April 17, 2024 (GLOBE NEWSWIRE) -- According to Polaris Market Research, the global viral clearance market size and share was valued at USD 530.34 million in 2023 and is anticipated to generate an estimated revenue of USD 1464.76 million by 2032, with a CAGR of 12.0% from 2024 to 2032.
In order to guarantee the safety of biological products for human use, such as biologics, vaccinations, and cell and gene treatments, viruses must be eliminated or rendered inactive. This process is known as viral clearance. To successfully remove viral contamination and stop the spread of infectious pathogens, a number of stages and techniques must be used.
It entails choosing suitable, premium beginning materials with minimal chance of viral contamination. Following this, a variety of techniques are used to remove and inactivate the virus, including chromatography, filtering, and chemical or physical treatments. In order to verify that the final product's viral load is below the allowable limit and that it is safe for human consumption, analytical testing, which may involve PCR tests, virus culture, and infectivity assays, is the last step in the viral clearance process. Viral clearance is, therefore, widely employed in the production of biological products, resulting in increased viral clearance market demand.
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Viral Clearance Market Key Players
- Allure Medical Group
- Charles River Laboratories
- Clean Cells
- Creative Biogene
- Eurofins Scientific SE
- Kedrion
- Labor Dr. Merk & Kollegen GmbH
- Merck KGaA
- Microbiologics
- Sartorius AG
- Syngene International Limited
- Texcell
- ViruSure GmbH
- Wuxi Biologics
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Viral Clearance Market Scope
| Report Attributes | Details |
| Market value in 2024 | USD 592.65 million |
| Market value in 2032 | USD 1464.76 million |
| CAGR | 12.0% from 2024 – 2032 |
| Base year | 2023 |
| Historical data | 2019-2022 |
| Forecast period | 2024-2032 |
Key Takeaways from the Report:
- The development of innovative medications, an increase in government initiatives, and the quantity of new drugs being developed are some of the key elements anticipated to propel the viral clearance industry's expansion.
- The viral clearance market segmentation is primarily based on application, method, end user, and region.
- North America dominated the market in 2023.
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Market Dynamics:
Growth Drivers:
- The sharp rise in demand for various vaccines and biologics due to the ongoing global increase in the number of individuals suffering from viral infections and other infectious diseases is driving the viral clearance market growth.
- There are significant growth opportunities due to the ongoing advancements and improvements in nanofiltration technology, which is widely used in the viral clearance process for a variety of reasons, including protein purification, downstream processing, improved process control, and increased safety of biopharmaceutical products.
Trends:
- The viral clearance market size is expanding quickly and may present new growth prospects due to the increasing investments made in R&D by biotechnology and pharmaceutical companies to bring new innovations and developments in viral clearance procedures and techniques.
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Regional Analysis
The growth of viral clearance market in North America is fuelled by the strong presence of eminent medical and biotechnology institutions that promote life science and biotechnology research, as well as by the sharp rise in the quantity of newly approved drugs in the area.
Moreover, it is projected that the Asia Pacific region would have the quickest rate of growth. This rise is the result of an exponential increase in funding for medical research, a growing number of CROs, mostly in emerging nations, and a notable increase in the frequency of numerous chronic diseases and new infections.
Browse the Detail Report “Viral Clearance Market Share, Size, Trends, Industry Analysis Report, By Method (Viral Removal Method, Viral Inactivation Method, and Viral Detection Method); By Application; By End User; By Region; Segment Forecast, 2024 – 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/viral-clearance-market
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Polaris Market Research has segmented the viral clearance market report based on method, application, end-user, and region:
By Method Outlook
- Viral Removal Method
- Viral Inactivation Method
- Viral Detection Method
By Application Outlook
- Blood and Blood Products
- Recombinant Proteins
- Cellular & Gene Therapy Products
- Vaccines
- Others
By End User Outlook
- Pharmaceutical and Biotech Industry
- Academic Research Institutes
- CROs
- Others
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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