Virus Filtration Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Kits, Reagents, and Consumables, Filtration Systems and Services), By Application (Biological, Medical Devices, Water Purification and Air Purification), By End User (Pharmaceutical and Biotechnology Companies, Contract Research Organizations (CROs), Academic Research Organizations and Medical Device Companies) and Region Forecast 2019-2030

Virus Filtration Market size was valued at US$ 3,247.3 million in 2023, and is poised to grow at a significant CAGR of 12.1% from 2024-2030. Growth in the biopharmaceutical industry, rising prevalence of chronic diseases including cancer, diabetes, etc, acceptance of single-use technologies, increase in therapeutics contamination by viruses, favorable government support, and increasing R&D spending are some key factors fostering the market growth. However, factors such as strict government regulations is the major factor hindering market growth. Further, growth in emerging economies provides a huge opportunity for market growth. this market is surging owing to frequent acquisitions and launchings by the market players. This report gives a comprehensive outlook on virus filtration across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. This report gives historical, current, and future market sizes (US$ Mn) on the basis of product, application, end-user, and region. This report studies global dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market.

In addition, the report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global virus filtration products.

Key Developments

• For Instance, in August 2015, Danaher Corporation acquired Pall Corporation, a leading provider of virus filtration products.