MarkNtel Advisors has just published a new research report titled "Viral Clearance Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Viral Clearance Testing market from 2023 to 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.
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Viral Clearance Testing Market by 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)
A comprehensive report on the Viral Clearance Testing Market is available now- https://www.marknteladvisors.com/research-library/viral-clearance-testing-market.html
Viral Clearance Testing Market Report Segment by Regions
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
What are the current trends in the global Viral Clearance Testing 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. Moreover, the evolution of the regulatory framework in countries such as the US, China, and Japan has provided more opportunities to adopt biosimilars.
Several regulatory bodies which actively regulate the development & commercialization of biosimilars include European Medicines Agency (EMA), the US Food and Drug Administration (FDA), and the World Health Organization (WHO). Hence, the growing inclination of companies towards the development & production of biosimilars would strongly contribute to the market in the forthcoming period.
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Who are the key players in the Viral Clearance Testing Market?
- 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
Questions Addressed in this Study
- What factors are driving the Viral Clearance Testing Market growth?
- How is the Viral Clearance Testing Market expected to grow over the next five years?
- What are the key insights into the current trends in the Viral Clearance Testing Market?
- What is the current size of the Viral Clearance Testing Market, and how is it projected to change in the future?
- What is the future outlook for the Viral Clearance Testing Market in terms of technological advancements and market expansion?
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