Global Viral Inactivation Market to Reach USD 1,479.7 Million by 2033, Impelled by Rising Concerns Regarding Transmission of Blood-Borne Viruses

December 26, 2024 | Healthcare

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The latest report by IMARC Group, titled “Viral Inactivation Market Report by Product (Reagents and Kits, Systems, Services), Application (Vaccines and Therapeutics, Stem Cell Products, Blood and Blood Products, Tissue and Tissue Products, Cellular and Gene Therapy), End Use (Pharmaceutical and Biotechnology Companies, CROs, Academic and Research Institutes, and Others), and Region 2025-2033,” finds that the global viral inactivation market size reached USD 691.7 Million in 2024. Viral inactivation is the primary step designed to enhance the safety of biotherapeutic products. Biotherapeutic products contain viruses that can become contaminated during the production process. They can invade cells, wherein they proliferate and result in various diseases. Consequently, viral inactivation is widely used to inhibit coat proteins and degrade nucleic acid within the virus. Today, it is available in different variants according to the characteristics of the virus and the type of biotherapeutic product. As a result, virus inactivation methods are gaining traction across the globe.

Global Viral Inactivation Market Trends:

The market is primarily driven by rising concerns about the transmission of blood-borne viruses through plasma-derived medicinal products. In addition, the implementation of stringent regulatory standards for developing biotherapeutic products is escalating the demand for viral inactivation to ensure the quality, safety, and efficacy of these products. Besides this, improved viral inactivation technologies and products are being employed in the food and beverage (F&B) industry to control the transmission of enteric viruses and ensure the safety of products. This, coupled with the development of new physical methods like supercritical fluids, pulsed electric fields, and gas plasma, is positively influencing the market growth. Looking forward, IMARC Group expects the market to reach USD 1,479.7 Million by 2033, exhibiting a growth rate (CAGR) of 8.38% during 2025-2033.

Market Summary:

Based on the product, the market has been categorized into reagents and kits, systems, and services.
On the basis of the application, the market has been segregated into vaccines and therapeutics, stem cell products, blood and blood products, tissue and tissue products, cellular and gene therapy.
Based on the end use, the market has been segmented into pharmaceutical and biotechnology companies, CROs, academic and research institutes, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined in the report, with some of the key players being Charles River Laboratories, Merck KGaA, Parker Hannifin Corp, Rad Source Technologies, Sartorius AG, SGS SA, Terumo Corporation, Texcell, Vironova AB and WuXi AppTec.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Segment Coverage	Product, Application, End Use, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Charles River Laboratories, Merck KGaA, Parker Hannifin Corp, Rad Source Technologies, Sartorius AG, SGS SA, Terumo Corporation, Texcell, Vironova AB and WuXi AppTec
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Viral Inactivation Market to Reach USD 1,479.7 Million by 2033, Impelled by Rising Concerns Regarding Transmission of Blood-Borne Viruses

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