The recent study on the viral clearance market for the forecast period, 2019 to 2030 classifies the industry into various segments based on the product type, end-use and application.

New York, NY -- (SBWire) -- 05/08/2019 --The regulatory guidelines indicate that a manufacturer of biological products for human use should demonstrate the capability of the manufacturing process to remove or inactivate known contaminants which is why for many biologics viral contamination is a major concern. One of the elements of testing the viral safety of a biopharmaceutical is to conduct a viral clearance study. As a result, the removal of viral contamination using specialized membranes which are mostly proteins is essential. Moreover, the inherent need to make sure that therapeutic drugs derived from certain sources are completely rid of any viral contamination cannot be taken lightly.
The ever-expanding demand for biopharmaceutical products is a crucial factor contributing to the growth of the global viral clearance market. The competence of biotherapeutics with regards to treating ailments and diseases while not solely addressing the symptoms has been central in the incessant adoption of such products. The increased efficacy and hardly any side effects involved in this method have also added to its recurring success.

Major Players in the Surgical Robots Market

The prominent players in the global viral clearance market are VIRUSURE, BSL Bioservice, Texcell, Vironova, Kedrion S.p.A, Charles River, Merck KGaA, WuXi Biologics, Lonza, and Avance Biosciences

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Rapid Growth of the Asia Pacific Market

Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing growth of the biopharmaceutical industry, continuously growing economy and increasing burden of chronic diseases is anticipated to present a lucrative growth scenario for the viral clearance market in this region. Furthermore, improving research facilities, coupled with increasing R&D expenditures in the region is expected to present an attractive growth prospect for the market in the coming years.

Growth of Biotechnology & Pharmaceutical Industries

Increasing preference for biopharmaceuticals and other forms of biotherapeutics has been crucial in governing the extensive growth of the biotechnology and pharmaceutical industries. In India, the biopharmaceutical sector accounted for the highest share, approximately around 64% of the entire biotechnology industry. Similarly, in the year 2016, the Indian biotechnology industry witnessed a staggering YoY growth of 57.14%. Growing preference for biopharmaceuticals owing to benefits has been pivotal in complementing the growth of these industries. Growth of these industries is anticipated to substantially contribute to the growth of the viral clearance market, as these products are extensively used in these industries to obtain contamination of free products and laboratories.

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Segmentation by type, application and end user

The segment of viral inactivation can be branched into, low pH, solvent detergent, method pasteurization and other methods of viral inactivation. The anticipated revenue of the viral removal segment is going to account for the largest share of the global viral clearance market. The research and development activities from both private and public sectors would strengthen the growth of the viral removal segment.

Some Key Points for TOC

1. GLOBAL VIRAL CLEARANCE MARKET - ANALYSIS & FORECAST, BY APPLICATION
1.1. Introduction
1.2. Blood & Blood Products
1.3. Recombinant Proteins
1.4. Vaccines
1.5. Other Applications
2. GLOBAL VIRAL CLEARANCE MARKET - ANALYSIS & FORECAST, BY END USER
2.1. Introduction
2.2. Pharmaceutical And Biotechnology Companies
2.3. Academic Research Institutes
2.4. Contract Research Organizations
2.5. Other End Users

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