Press Release
Press Release
The increasing number of new drug launches is a key factor driving the market growth. The increased risk of cell culture contamination, rising healthcare expenditures, advancements in nanofiltration technology, and the rising incidence of chronic diseases globally are the major factors driving the viral inactivation market. In the forecasted period, rising pharmaceutical outsourcing and growth in emerging markets would generate new prospects for the viral inactivation industry. The viral inactivation industry is also driven by stringent regulations controlling the pharmaceutical and related sectors in a number of developed economies, which govern the safety of drug development procedures and the efficiency of quality control and quality assurance criteria. In the coming years, incidents related to the recall of flawed vaccinations that may have a severe health impact on users in a number of countries are projected to raise demand for effective viral inactivation techniques in vaccines. One of the major factors encouraging the need for viral inactivation around the world is growing concerns about the transmission of blood-borne viruses through plasma-derived medical products.
The majority of the players are focusing on the development of new products. In September 2019, Merck KGaA announced the purchase of Pfizer Inc. and the introduction of BAVENCIO, a new medication that aims to cure a variety of illnesses, including cancers such as renal cell carcinoma and metastatic cancer, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global viral inactivation industry are Rad Source Technologies Inc, Merck KGaA, Parker Hannifin Corp, Sartorius AG, and Cerus Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.