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Viral Inactivation Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Viral Inactivation Market Size, Growth Rate, And Forecast
The global viral inactivation market size is expected to grow from $4.15 billion in 2022 to $4.54 billion in 2023 at a compound annual growth rate (CAGR) of 9.35%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global viral inactivation market size is expected to reach $6.59 billion in 2027 at a CAGR of 9.78%.
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Viral Inactivation Market Drivers
Growing instances of various infectious diseases are expected to propel the growth of the viral inactivation market, going forward. Infectious diseases refer to the conditions that transmit from one individual to another, via polluted foods and beverages, and through pathogens such as viruses, bacteria, fungi, and parasites. Viral inactivation is widely applicable in human disease-control programs to inactivate viruses using physical and chemical disinfectants to prevent the spread of contagious viral infections, resulting in the growth of the viral inactivation market.
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Viral Inactivation Market Segments
• By Product: Kits And Reagents, Systems, Services
• By Method: Solvent Detergent Method, pH Adjustment Method, Pasteurization, Other Methods
• By Application: Vaccines And Therapeutics, Tissues And Tissue Products, Blood And Blood Products, Other Applications
• By End User: Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Blood Banks, Hospital, Academic Research Institutes, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the viral inactivation market.
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Viral Inactivation Market Key Players
Major competitors in the viral inactivation market include Merck & Co., PARKER HANNIFIN CORP, Sartorius AG, Texcell, SGS SA, Charles River Laboratories., Clean cells, Rad Source Technologies, Wuxi Apptec, Sigma-Aldrich Co., Thermo Fisher Scientific Inc.
The Business Research Company's "Global Viral Inactivation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Viral Inactivation Market Include:
1. Executive Summary
2. Viral Inactivation Market Characteristics
3. Viral Inactivation Market Trends And Strategies
4. Viral Inactivation Market - Macro Economic Scenario
5. Viral Inactivation Market Size And Growth
……
26. Africa Viral Inactivation Market
27. Viral Inactivation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Viral Inactivation Market
29. Viral Inactivation Market Future Outlook and Potential Analysis
30. Appendix
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