img

Global Viral Clearance Market Size By Method (Viral Removal, Viral Inactivation), By Application (Recombinant Proteins, Blood And Blood Products, Vaccines), By End-User (Pharmaceutical And Biotechnology Companies, Contract Research Organizations), By Geographic Scope And Forecast


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Viral Clearance Market Size By Method (Viral Removal, Viral Inactivation), By Application (Recombinant Proteins, Blood And Blood Products, Vaccines), By End-User (Pharmaceutical And Biotechnology Companies, Contract Research Organizations), By Geographic Scope And Forecast

Viral Clearance Market Size And Forecast

Viral Clearance Market size was valued at USD 628.37 Million in 2024 and is projected to reach USD 1455.27 Million by 2031, growing at a CAGR of 12.21% during the forecasted period 2024 to 2031.

Global Viral Clearance Market Drivers

The market drivers for the Viral Clearance Market can be influenced by various factors. These may include

  • Increasing Demand for Biopharmaceuticals The demand for biopharmaceuticals is experiencing a concurrent increase, necessitating the implementation of rigorous viral clearance procedures to guarantee the safety of the products. Biopharmaceuticals, such as gene therapies, vaccines, and monoclonal antibodies, frequently incorporate biological substances; therefore, viral clearance is of the utmost importance in order to avert the spread of viral contaminants.
  • Strict regulatory obligations Regulatory agencies, including the European Medicines Agency (EMA) in Europe and the Food and Drug Administration (FDA) in the United States, impose rigorous criteria for viral clearance in the manufacturing of biopharmaceuticals. Compliance with these regulations motivates the implementation of cutting-edge technologies and services for viral clearance.
  • An increasing prevalence of viral infections The growing incidence of viral infections, including hepatitis, HIV/AIDS, and emergent viruses such as Ebola and Zika, highlights the criticality of implementing efficient viral clearance strategies. On account of this development, ongoing advancements in viral clearance technologies are required to combat the ever-changing viral threats.
  • Developments in Bioprocessing Methods Bioprocessing technological advancements, such as methods for purification, cell culture, and analytical assays, contribute to enhanced viral clearance capabilities. These developments empower biopharmaceutical firms to improve the effectiveness and dependability of viral clearance procedures.
  • Growing Biomanufacturing Sector Growing The demand for viral clearance solutions is fueled by the expanding biomanufacturing sector, which is propelled by the development of novel biologics and biosimilars. Consistent with the anticipated growth trajectory of the biopharmaceutical market, the viral clearance market is anticipated to experience ongoing expansion.
  • Increasing Outsourcing of Viral Clearance Services A growing trend in the biopharmaceutical industry is the delegation of viral clearance testing and validation responsibilities to specialized contract research organizations (CROs) and contract manufacturing organizations (CMOs). In viral eradication activities, the demand for specialized knowledge, infrastructure, and cost-efficiency motivates this outsourcing trend.
  • Emergence of Novel Viral Clearance Technologies The emergence of novel viral clearance technologies is the subject of ongoing research and development. These technologies aim to provide enhanced effectiveness, velocity, and cost-effectiveness. Market expansion is aided by innovations including chromatography techniques, viral inactivation technologies, and filtration methods of the next generation.
  • Globalization of Pharmaceutical Manufacturing The globalization of pharmaceutical manufacturing is a significant factor in the widespread implementation of standardized viral clearance procedures in various geographic areas. Organizations that have operations in numerous nations strive to conform to global regulatory norms, which has generated significant interest in viral clearance solutions worldwide.

Global Viral Clearance Market Restraints

Several factors can act as restraints or challenges for the Viral Clearance Market. These may include

  • Stringent Regulatory Requirements Regulatory bodies enforce rigorous guidelines and criteria to ensure the viral clearance of biological products. This can result in extended development and approval processes, as well as increased costs.
  • High Cost of Viral Clearance Procedures Viral clearance procedures frequently necessitate the use of sophisticated technology and apparatus, the acquisition and upkeep of which can be quite costly. Smaller organizations or corporations may be dissuaded from entering the market by the exorbitant expense.
  • Complexity of Viral Clearance Procedures Difficulties Associated with Viral Clearance Procedures for viral clearance can be difficult and demand specialized knowledge. Organizations might encounter difficulties when attempting to devise and execute efficient viral clearance strategies.
  • Risk of Product Contamination Notwithstanding the implementation of stringent viral clearance protocols, the potential for product contamination remains, resulting in expensive product recalls and reputational harm.
  • Scalability Constraints Certain viral clearance methods might present challenges in accommodating the requirements of large-scale production, especially in the case of biopharmaceuticals with substantial volume of output.
  • Emerging Viral Threats Viral eradication strategies face a challenge posed by the perpetual evolution of viruses. Emerging viruses or new viral variants may necessitate the development of novel clearance methods, thereby increasing market complexity and unpredictability.
  • Competition from Alternative Technologies Alternative Technologies Vulnerabilities to Traditional Viral Elimination Methods may face competition from technologies such as filtration or thermal treatment that aim to inactivate or eliminate viruses.
  • Ethical and Safety Considerations The utilization of specific viral clearance methods that incorporate potentially hazardous compounds or animal-derived products may give rise to ethical concerns.

Global Viral Clearance MarketSegmentation Analysis

The Global Viral Clearance Market is Segmented on the basis of Method, Application, End-User, And Geography.

 

Viral Clearance Market, By Method

  • Viral Removal
  • Viral Inactivation

Based on the Method, The market is bifurcated into Viral Removal and Viral Inactivation. The Viral Removal segment is expected to hold the largest market share. The factors can be attributed to the high acceptance of this method, the growth of R&D activities by biopharmaceutical companies, and the accuracy, speed, & flexibility provided by the method in life sciences research.

Viral Clearance Market, By Application

  • Recombinant Proteins
  • Blood and Blood Products
  • Vaccines
  • Others

Based on the Application, The market is bifurcated into Recombinant Proteins, Blood and Blood Products, Vaccines, and Others. The other segment is predicted to hold the most significant CAGR in the forecasted period due to the growing public & private funding for stem cell research, the use of tissue-based therapies to treat various diseases, and the rising use of cellular therapies in the treatment of various disorders.

Viral Clearance Market, By End-User

  • Pharmaceutical & Biotechnology Companies
  • Contract Research Organizations
  • Academic Research Institutes
  • Others

Based on End-User, The market is bifurcated into Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Academic Research Institutes, and Others. The Contract Research Organizations segment is anticipated to hold the largest market share. The factors can be credited for the increasing outsourcing of Drug Discovery Services to CROs by pharmaceutical companies, academic institutes, small biotechnology companies, & start-ups and the ability of CROs to invest in extensive drug discovery infrastructure.

Viral Clearance Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Regional Analysis, The Global Viral Clearance Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America owing to growth in the pharmaceuticals industry, rising number of drug approvals, and the presence of national institutes supporting biotechnology and life science research in this region.

Key Players

  • Charles River Laboratories International
  • Merck KGaA
  • Wuxi Biologics (Cayman) (Subsidiary of Wuxi Apptec)
  • Texcell
  • Kedrion
  • Bsl Bioservice
  • Vironova Biosafety
  • Clean Cells Virusure GmbH

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Million)

Key Companies Profiled

Charles River Laboratories International, Merck KGaA, Wuxi Biologics (Cayman) (Subsidiary of Wuxi Apptec), Texcell, Kedrion, Bsl Bioservice, Vironova Biosafety.

Segments Covered

By Method, By Application, By End-User, And By Geography.

Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factorsProvision of market value (USD Billion) data for each segment and sub-segmentIndicates the region and segment that is expected to witness the fastest growth as well as to dominate the marketAnalysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each regionCompetitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiledExtensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market playersThe current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regionsIncludes an in-depth analysis of the market from various perspectives through Porter’s five forces analysisProvides insight into the market through Value ChainMarket dynamics scenario, along with growth opportunities of the market in the years to come6-month post sales analyst support

Customization of the Report

In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )