Press release
Global Viral Clearance Market 2018 Top Companies are Charles River Laboratories International, Inc., Lonza, Sigma-Aldrich Co., Wuxi Pharmatech (Cayman) Inc., Clean Cells Inc., Merck & Co., Thermo Fisher Scientific Inc., Texcell, BSL Bioservice
Global Viral Clearance Market- Industry Trends and Forecast to 2024
Global Viral Clearance Market Report is a compilation of the several factors driving and restraining this market along with a thorough run-down of the sales volume of each product within carefully categorized sub-segments of the market.
The Global Viral Clearance Market accounted to USD 350.6 million in 2016 growing at a CAGR of 12.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Viral Clearance Market 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 – Industry Trends and Forecast to 2024
Top Competitors:
• Charles River Laboratories International, Inc.,
• Lonza,
• Sigma-Aldrich Co.,
• Wuxi Pharmatech (Cayman) Inc.,
• Clean Cells 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,
• VWR Lab Products Pvt. Ltd.,
• Novogene Corporation
• among others
Market Definition:
Viral clearance testing is a process which is required by regulatory authorities for the investigational new drug (IND) submission and it is needed mostly in the critical process development for biologicals including antibodies (monoclonals), recombinant proteins and glycoproteins, tissue and blood-derived products, and medical devices.
Major Market Drivers:
• Fast Growth in Medicinal and Biotechnology Industries
• Robust Trend of R&D Investments
• Growing Number of New Drug Launches
• Higher Prevalence and Economic Burden of Chronic Diseases
• Extremely Combined Market
• Asia Offers High-Growth Opportunities
• Growing Pharmaceutical Outsourcing
• Strict Regulatory Frameworks
Competitive Analysis:
The global viral clearance market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, 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 and South America.
Market Segmentation:
By method: Viral detection method, viral removal, and viral inactivation.
Viral detection method:- Plaque assays, PCR, ELISA, and other viral detection methods.
Viral removal:- chromatography, nanofiltration, and precipitation.
Viral inactivation:- Solvent detergent method, pasteurization, and other methods.
On the basis of application:- Vaccines and therapeutics, blood and blood products, cellular and gene therapy products, tissue and tissue products, and stem cell products.
Sub-Segment:-
Biologicals :- Vaccines and therapeutics, blood and blood products, cellular and gene therapy products, tissue and tissue products, and stem cell products.
On the basis of technology:- Filtration, and chromatography.
On the basis of end-user:- Pharmaceutical and biotechnology companies, contract research organizations, and academic research institutes.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
In 2017, North America is expected to dominate the market.
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