Precision Business Insights has published a report on the global viral inactivation market, estimating its value at USD 2.4 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 12.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/viral-inactivation-market
Viral inactivation is a bioprocessing technology that destroys or deactivates viruses in biological products using chemical, thermal, or physical means (for example, solvent-detergent treatment, low pH adjustment, UV irradiation, or pasteurization).
Drivers:
Growth in monoclonal antibodies, recombinant proteins, and cell/gene therapies increases the need for viral safety testing.
Rising cases of cancer, diabetes, and autoimmune disorders boost biopharmaceutical R&D, indirectly expanding viral inactivation needs.
The global viral inactivation market segmentation:
1) By Product Type: Viral Inactivation Systems, Kits & Reagents, Accessories, and Services
2) By Method: Pasteurization, Solvent Detergents, and Others
3) By Application Type: Blood & Blood products, Tissue & Tissue Products, Vaccines and Therapeutic, Cellular & Gene Therapy Products, Stem Cell Products and Others
4) By End User: Pharmaceutical and Biotechnology Companies, Contract Research Organizations, Academic Research Institutes, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the viral inactivation market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the viral inactivation market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Parker Hannifin, Clean Cells, Charles River Laboratories International, Inc., Sartorius AG, Danaher Corporation, Merck KGaA, SGS S.A., Texcell, Inc., Viral Inactivated Plasma Systems SA, WuXi PharmaTech Inc., Rad Source Technologies
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