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The global viral clearance market size was valued at USD 621.1 million in 2023 and the market is projected to grow from USD 718.4 million in 2024 to USD 2,644.2 million by 2032, exhibiting a CAGR of 17.7% during the forecast period (2024-2032). North America dominated the global viral clearance market with a market share of 37.35% in 2023.
Therapeutics derived from plants, animals, or humans are more prone to viral contamination. In order to make sure that the biopharmaceuticals are free from contamination, viral clearance studies are performed. The increasing development and manufacturing of biopharmaceuticals derived from biologics, such as vaccines, cell and gene therapeutics, recombinant proteins, and others, has fueled the demand for these studies.
Many small or mid-sized biopharmaceutical and biotechnological companies are more inclined toward outsourcing viral clearance studies for their products for convenient and efficient outputs. Therefore, the rising demand for biopharmaceuticals and the increasing number of biopharmaceuticals in the pipeline has fueled the demand for these studies.
Moreover, during the COVID-19 pandemic, the market experienced slow growth in its revenue due to the lockdown restriction and the reduced manufacturing capacity of pharmaceutical and biotechnology companies in order to control the spread of the virus. However, in 2021, the market experienced significant growth. This growth was attributed to the increase in the number of clinical trials and increase in demand for novel and effective vaccines for COVID-19.
Growing Focus of Market Players on Facility Expansion is the Latest Trend
The prevalence of chronic diseases, such as diabetes, cancer, cardiovascular disorders, and others, is increasing significantly. For instance, in September 2023, according to the data published by the World Health Organization (WHO), cardiovascular diseases caused 17.9 million deaths globally, followed by cancer, which accounted for 9.3 million deaths, while chronic respiratory diseases caused 4.1 million deaths.
Thus, due to this rising burden of chronic diseases, many pharmaceutical and biotechnology companies have increased their focus on developing and manufacturing biosimilars and drugs. Biological products used for human use have to pass through viral clearance studies every time they are manufactured to remove viral contamination. Due to this, there has been an increasing demand for these services.
Thus, to meet this increasing demand for viral clearance services, the market players have expanded their facilities to enhance their accessibility to pharmaceutical and biotechnology companies.
The increasing focus of the market players on expanding their facilities and service offerings is expected to enhance the service offerings of these companies globally.
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Increasing R&D Expenditure by Biopharmaceutical and Biotechnology Companies Fuel Market Growth
The prevalence of various chronic diseases, such as diabetes, cardiovascular disorders, cancer, and others, has been increasing significantly. For instance, according to the World Health Organization (WHO), cancer accounted for 10 million deaths globally in the year 2020.
This increased prevalence has resulted in a rising need to develop novel drugs to treat various diseases, resulting in an increased focus of biopharmaceutical and biotechnology companies on applying significant resources to develop new medications and technologies for various disease indications.
Every biological drug has to pass through viral clearance during its development. Therefore, the increasing focus of pharmaceutical companies on developing and commercializing biologically derived therapeutics for effective treatment has been fueling the demand for these studies.
The increasing burden of chronic diseases has resulted in a growing focus on pharmaceutical and biotech companies increasing their R&D expenditure to develop novel biologics, increasing the demand for these services and thereby driving the viral clearance market growth.
Increasing Regulations on Viral Safety to Spike Industry Development
Viral clearance studies are an essential step for developing biologics and are necessary to ensure product safety. Regulatory bodies strongly focus on ensuring these tests are conducted and expect high-quality data to support them, especially for IND and BLA approvals. It is crucial to be familiar with the process and regulatory requirements and have expertise in the key areas of these processes for strategic planning, which can lead to time, effort, and money savings.
In order to reduce the risk of transmission of viruses, regulations on the safety of pharmaceutical products have been developed over the past decades.
Such guidelines on viral safety evaluation for biotechnology product development have increased the need for the services to conduct studies more effectively.
High Costs Associated with Novel Technologies of Viral Clearance to Limit Market Growth
The increasing development of biopharmaceuticals has fueled the demand for viral clearance services. However, the high cost associated with the technologies used for these studies has restricted global market growth.
Moreover, as the service providers compete with pharmaceutical, biotechnology, medical device companies, and academic & research institutions for qualified and experienced scientists, these service providers face challenges in attracting and retaining highly qualified experts.
In order to effectively compete with other players, particularly small-scale analytical testing providers, service provider companies must provide higher compensation and other incentives. In the coming years, this lack of experienced specialists could hamper the adoption of new technologies, thereby limiting the virus clearance market growth.
Viral Removal Segment to Dominate Owing to its High Efficiency
Based on method, the market is classified into viral removal method, viral inactivation method, and viral detection method. The viral removal method is further sub-segmented into chromatography, filtration, and precipitation. Similarly, the viral inactivation method is sub-segmented into pH modification, solvent detergent (S/D), pasteurization, dry heat, and others. Also, the viral detection segment is further sub-segmented into next generation sequencing (NGS), polymerase chain reaction (PCR), in vivo assay, in vitro assay, and others.
The viral removal method segment dominated the market in 2023. The segment’s growth is primarily attributable to the growing investments in R&D by the major players in the market and the increasing demand for vaccines and other biopharmaceuticals globally.
The viral inactivation method segment is anticipated to exhibit strong growth during the forecast period. The increasing approval of new therapeutics, such as plasma proteins and gene therapy products, is expected to fuel the segment’s growth during the forecast period.
Furthermore, the viral detection segment is expected to grow at a considerable CAGR. Viral detection is an important step in the viral clearing process as it determines how virus removal or inactivation can be used. This factor has been fueling the growth of the viral removal segment.
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Increasing Demand for Vaccines Drives the Vaccine Segment’s Growth
Based on application, the market is segmented into vaccines, blood & blood products, recombinant proteins, cellular & gene therapy products, and others.
The vaccines segment dominated the market in 2023. The segment’s dominance is attributed to the increased demand for vaccines against chronic and infectious diseases, such as measles, polio, hepatitis, cervical cancer, and others.
The blood & blood products segment is anticipated to expand substantially during the upcoming years. The growth of the segment is attributed to the high demand for blood transfusions and therapeutic products derived from blood components.
The cellular & gene therapy products segment is expected to grow at the highest CAGR during the forecast period. The growth is attributed to the increasing use of cellular therapies in treating various disorders, growing public and private funding for stem cell research, rising awareness about stem cell therapies, and the use of tissue-based therapies to treat various diseases.
Increasing Biopharmaceutical Development to Boost the Pharmaceutical and Biotech Industry Segment’s Growth
Based on end-user, the market is segmented into pharmaceutical and biotech industry, academic research institutes, CROs, and others.
The pharmaceutical and biotech industry segment dominated the market in 2023. The mandatory requirement of virus removal and inactivation by regulatory authorities during the development of biotherapeutics and other biological products is responsible for the segment’s dominance.
The CROs segment is anticipated to expand at a substantial CAGR during the forecast period, 2024-2032. The segment's growth is due to the pharmaceutical companies' increased outsourcing of early-phase development services and clinical and laboratory testing services.
The academic and research institutes segment is expected to grow at the highest CAGR during the forecast period. The growing number of research and studies on new drug development by research institutes is anticipated to accelerate the segment's growth globally.
Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America Viral Clearance Market Size, 2023 (USD Million)
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The market in North America reached USD 232.0 million in 2023 and is anticipated to grow strongly during the forecast period. Factors such as the presence of national institutes supporting biotechnology and life science research, growth in the pharmaceutical industry, and the increasing number of clinical trials in high-income countries foster the demand for viral clearance in the region.
Europe is expected to experience the second-highest growth in the market owing to the strong foundation of biotechnology in European countries, such as France and Germany, and the increase in the amount of research and development initiatives and spending by biotechnological companies in the region.
Simultaneously, Asia Pacific may expand in the coming years. This growth is attributed to the increase in generics development and manufacturing, the surge in funding for medical research, and a large number of CROs in the region.
The Latin American and the Middle East & Africa may witness slow growth owing to the rising healthcare expenditures and increasing demand for biopharmaceuticals.
Market Players Focus on Strong and Diverse Product Portfolio to Drive Market Growth
Market players, such as Merck KGaA, Charles River, Wuxi Biologics, and Kedrion, accounted for a significant global viral clearance market share in 2023. These players' strong focus on expanding their development and manufacturing facility to enhance their service offerings has fueled their revenue growth.
Other key players, such as Kedrion, Sartorius AG, Texcell, and Clean Cells, have been enhancing their services and expanding their presence in new countries. For instance, in January 2022, Kedrion announced that the company has been focusing on expanding its presence in Turkey through its subsidiary Betaphar.
An Infographic Representation of Viral Clearance Market
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The viral clearance market research report provides a detailed analysis of the market. It focuses on key aspects such as leading companies, product type, and applications. Besides this, it offers insights into the market trends and highlights key industry developments. In addition to the factors mentioned above, the report encompasses several factors that have contributed to the market's growth in recent years.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 17.7% from 2024-2032 |
Unit | Value (USD Million) |
Segmentation | By Method
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By Application
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By End-user
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By Geography
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Fortune Business Insights says that the global market stood at USD 621.1 million in 2023 and is projected to reach USD 2,644.2 million by 2032.
The market is expected to exhibit steady growth at a CAGR of 17.7% during the forecast period (2024-2032).
By method, the viral removal method segment is set to lead the market.
Increasing investment in pharmaceutical and biotechnology industries and rising demand for vaccines and other biotherapeutic agents are expected to drive the market growth.
Merck KGaA, Charles River, Wuxi Biologics, Sartorius AG, and Kedrion are the top players in the market.
North America is expected to hold the highest market share.
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