According to the recent study the viral inactivation market is projected to grow at a CAGR of 11%-13% from 2020 to 2025. Growth in this market is primarily driven by rising investment in the life science sector, increasing launches & approvals for new drugs, and government support in funding for the development of the pharmaceutical and biopharmaceutical industries.
Browse XX figures /
charts and XX tables in this 150-page report to understand trends,
opportunities and forecast in viral inactivation market by product (kits &
reagents, services, and systems & accessories), method (solvent detergent,
pasteurization, and other methods), application (stem cell products, blood
& blood products, tissues & tissue products, cellular & gene
therapy products, and vaccines & therapeutics), end user (pharmaceutical and biotechnology
companies, CROs, academic research institutes, and other end users), and region
(North America, Europe, Asia Pacific, and Rest of the World).
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“Kits and reagents market is expected to remain the largest
segment during the forecast period.”
Based on product, the viral
inactivation market is segmented into kits and reagents, services, and systems
and accessories. Lucintel forecasts that the kits and reagents market is
expected to remain the largest segment during the forecast period due to growth in the
pharmaceutical and biotechnology industries and rising R&D spending for new
drug development.
“Within the viral inactivation market, the deep brain stimulation segment
is expected to remain the largest end user.”
Based on end user, the pharmaceutical
and biotechnology companies segment is expected to witness the largest segment over
the forecast period because increasing investment to find alternative therapies
has increased the development of new drugs and introduction of biologics and other
cellular & gene therapy products.
“North America will dominate the viral inactivation market in near
future.”
North America is
expected to be the highest growth over the forecast period over the forecast
period due to the presence of advanced healthcare infrastructure and
significant expenditure on research and development activities by the
government and companies in the region.
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Major players of viral inactivation
market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Clean Cells, Charles
River Laboratories International, Danaher, Merck, Parker Hannifin, Rad Source
Technologies, Sartorius, SGS, Texcell, and Viral Inactivated Plasma Systems are
among the major viral inactivation providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/viral-inactivation-market.aspx or helpdesk@lucintel.com.
About Lucintel
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solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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