The study examining the Viral Clearance Testing Market is the recent report documented by Markntel Advisors, which is purely biased in terms of factual statistics and aims to deliver the interested stakeholders to come forward and gather the most credible information produced by our marketing analysts via investigating every viable secondary source of information primarily accessible through several different websites.
To simplify the market tractions and offer the best possible projections for the next five years, our team brings the best to the table compared to the other competitors in the research market. Moreover, it also features a wide range of significant elements, such as substantial drivers, restrictions, opportunities, vital needs, setbacks, new developments, regional divide, etc., which have been successfully altered in this research as per the rising fluctuations.
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Report Coverage | Details |
---|---|
Study Period | Historical Data: 2018-21 |
Base Year: 2022 | |
Forecast Period: 2023-28 | |
CAGR (2023-2028) | 20.10% |
Regions Covered | North America: US, Canada, Mexico |
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
South America: Brazil, Rest of South America | |
Middle East & Africa: GCC, South Africa, Egypt, Rest of MEA | |
Key Companies Profiled | Merck KGaA , Charles River Laboratories, 3P Biopharmaceuticals, Eurofins Scientific, Wuxi Biologics, Kedrion S.p.A, Virusure Gmbh, Texcell SA, Samsung Biologics, Syngene International Limited, Creative Biolab, Creative Biogene, Sartorius AG, Nelson Laboratories LLC, Others |
Unit Denominations | USD Million/Billion |
Report Table of Content
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Viral Clearance Testing Market: Background & Overview
- Requirement for Viral Clearance Testing
- Process of Viral Clearance Testing, By Application
- Viral Contamination in Biologics
- Global Viral Clearance Testing Guidelines by Government Organizations
- The International Council for Harmonisation (ICH)
- World Health Organisation (WHO)
- European Medicines Agency (EMEA)
- Food and Drug Administration (FDA)
- Global Viral Clearance Testing Market Patent Analysis
- Global Viral Clearance Testing Market Technology Landscape
- List of Technology
- Technology Provider
- Method Used
- Regional Services
- Year of Launch
- Partnership & Collaborations
- Global Viral Clearance Testing Market Trends & Developments
- Global Viral Clearance Testing Market Dynamics
- Growth Drivers
- Challenges
- Global Viral Clearance Testing Market Hotspot & Opportunities
- Global Viral Clearance Testing Market Outlook, 2018-2028F
Major Topics We Covered in this Study Report
- Viral Clearance Testing Market Expensing Till 2028
The Global Viral Clearance Testing market is projected to grow at a CAGR of around 20.10% during the forecast period, i.e., 2023-28. With expanding consumer appetite for biopharmaceutical products, strict regulatory control, and a surge in viral infection rates globally, the market has grown significantly in the past decade, and this trend is expected to continue in the coming year..
- Industry Driving Factor: Stringent Regulations for Biopharmaceutical Products Necessitates the Demand for Viral Clearance Testing
The presence of viral contaminants in biopharmaceutical products can pose significant health risks to patients, including the transmission of infectious diseases. Therefore, regulatory agencies, such as the US Food and Drug Administration (FDA) & the European Medicines Agency (EMA), mandated this testing to be performed as part of the approval process for these products. This process is an essential step in the development & approval of biopharmaceutical products, such as vaccines, monoclonal antibodies, gene therapies, etc., to ensure that the products are safe for human use.
- Ongoing Trends in the Market: Rising Manufacturing of Biosimilar Products
Biologics became a vital medicine for treating chronic diseases such as diabetes, autoimmune disorder, and cancers. However, the high price tag of these has encouraged the development of another low-cost option, i.e., biosimilar. The low cost of biosimilar manufacturing and R&D, along with the less time required for the development are some of the key factors for the increased adoption of biosimilar products which require viral clearance testing before commercializing.
- Geographical Dividation and Leading Type: North America Witnessed Significant Growth
On the Geographical front, the Viral Clearance Testing market is divided across North America, South America, Europe, Middle East & Africa, and Asia-Pacific. Of all the regions across the globe, North America witnessed significant growth in the Viral Clearance Services market. This is primarily due to a surge in demand for biopharmaceuticals & a rise in the development of advanced technologies in the purification of recombinant proteins produced by animal cell cultures. This results in the advancement of high-value modern biotechnology products requiring this testing in the country.
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Viral Clearance Testing Market Fragmentation
The objective of fragmenting the report on the basis of region is to examine and list down the industry’s key players and other significant aspects of different areas and their contributions in thriving the substantial progress of the market. Hence, it facilitates the stakeholders to perform in-depth research and execute a rigorous strategy for their businesses via the help of the research paper published by the talented team of Markntel Advisors. Other than geographical division, the industry segmentations bifurcate across the following segments:
By Scale of Operation
- Discovery Phase
- Pre-clinical Phase
- Clinical Phase
By Method
- Detection
- Viral Inactivation
- Viral Removal
By Application
- Recombinant Proteins
- Blood and Blood Products
- Cellular and Gene Therapy Products
- Vaccine
By End Users
- Biotechnology and Pharmaceutical Companies
- Academic / Research Institutes
- Contractual Research Organization (CRO)
Competitive Analysis of the Key Players
The following section is notably dedicated to the industry giants and their significant contributions to propelling the Viral Clearance Testing market in terms of revenues, growth, employment opportunities, and several others. It offers the stakeholders, along with the key investors, the to make a move by holistically investigating their strategies and the success that they have achieved before the projected period. Moreover, their recent developments, innovations, implementations, and revenue models are thoroughly labelled in the study.
- – Merck KGaA
- – Charles River Laboratories
- – 3P Biopharmaceuticals
- – Eurofins Scientific
- – Wuxi Biologics
- – Kedrion S.p.A
- – Virusure Gmbh
- – Texcell SA
- – Samsung Biologics
- – Syngene International Limited
- – Creative Biolab
- – Creative Biogene
- – Sartorius AG
- – Nelson Laboratories LLC
- – Others
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