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Allied Market Research

Viral Clearance Service Market: Global Opportunity Analysis and Industry Forecast 2020–2027

A11206
Pages: NA
Jul 2021 | 44 Views
 
Author(s) : Onkar Sumant
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Viral Clearance Service Market Outlook:

Viral clearance is an essential process in development of monoclonal antibodies, recombinant proteins and glycoproteins, tissue and blood-derived products, and medical devices. This is attributed to the fact that these products are at risk of contamination by bacteria and fungi, chemical impurities, and viruses. This influences the market for viral safety practices as well as incorporation into development chain of virus clearance processes. Biological products are vulnerable to bacteria, fungi, and viruses. Raw products and improper treatment of culture cause pollution. During downstream purification of therapeutic biologics, blood, and tissue-derived materials, viral clearance is an essential process. They are either removed or inactivated by viruses for manufacturing microbiologically stable goods. The viral clearance market is divided on the basis of viral clearance process, application, and end user. Moreover,  viral clearance technique is divided into viral elimination and viral inactivation. On the basis of virus removal technologies, the viral removal section is sub-segmented into chromatography, precipitation, and nano filtration.

Viral Clearance Service Market scope and structure analysis:

Report Metric

Details

  Market size analysis period

2019-2027

  Base year considered

2019

  Forecast year

2020–2027

  Forecast units

Value (USD)

  Segments covered

Methods, Applications, End User, and Region

  Regions covered

North America (the U.S., Mexico and Canada), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA)

  Companies covered

Wuxi Biologics (Cayman) (China), Merck KGaA (Germany), Charles River Laboratories International Inc. (U.S.), and Texcell Inc. (France), Kedrion (Italy), Vironova Biosafety (Sweden), Clean Cells (France), BSL BIOSERVICE Scientific Laboratories Munich GmbH (Germany), and ViruSure GmbH (Austria).


COVID-19 scenario analysis:

The COVID-19 pandemic has influenced demand for viral clearance greatly. The sector faces problems in production and supply chain, such as timely distribution of goods to end customers and inconsistent demand for products and services in the industry. Pharmaceutical and biotech firms across the globe are working together to combat the COVID-19 epidemic, from funding production of vaccinations to preparing supply chain issues for drugs. In this pandemic, there is an increase in demand of drugs and vaccination for treatment as around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the viral clearance industry is expected to witness a significant growth.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis:

Growth in demand in pharmaceutical and biotechnological industries is the main driver of the global viral clearance industry. Moreover, the market development is also propelled by increase in number of new drug releases in different segments and related drug approval procedures.

Furthermore, the number of new drugs is growing and government policies are increasing. However, growth of the global virus clearance industry is greatly enhanced by quality assurance and quality management departments. However, high degree of consolidation act is going to restrain growth of the viral clearance service market.

Surge in number of mergers and acquisitions to propel the market :

Increase in number of mergers and acquisitions is anticipated to help the industry boost in the coming years. For instance, on 27 September 2019, Merck KGaA joined with Pfizer Inc. and launched new drug BAVENCIO for removal of virus.

On 1 March 2019, Clean Cells has joined with NAOBiOS for development of viral vaccines used for treatment of many diseases.

Key segments covered:

Segments

Subsegments

  Methods

  • Viral Removal
  • Chromatography
  • Nanofiltration
  • Precipitation
  • Viral Inactivation
  • Low pH
  • Solvent Detergent Method
  • Pasteurization
  • Other Viral Inactivation Methods

  Application

 

  • Recombinant Proteins
  • Blood and Blood Products
  • Vaccines
  • Other Applications

  End User

 

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


 Key benefit of the report:

  • This report provides a detailed quantitative analysis of the current viral clearance services market trends and its forecast estimations from 2020 to 2027, which assists to identify prevailing opportunities the viral clearance services market.
  • An in-depth viral clearance service market analysis includes analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
  • A comprehensive analysis of the factors that drive and restrain growth of the global viral clearance service market is provided.
  • The projections in this report are made by analyzing the current viral clearance service market trends and future market potential from 2020 to 2027 in terms of value.
  • An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.

Questions answered in the viral clearance service market research report:

  • Which are the leading market players active in the viral clearance services market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the viral clearance services market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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