Global Virus Filtration Market 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 Geography

 

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Virus Filtration Market is estimated to be valued at USD 2,978.3 Mn in 2021, It is growing at a significant CAGR of 12.1% from 2022-2028. 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. For Instance, in August 2015, Danaher Corporation acquired Pall Corporation, a leading provider of virus filtration products. 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 virus filtration market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global virus filtration market 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 virus filtration 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 virus filtration market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global virus filtration products.

Global Virus Filtration Market Summary

Study Period

2023-29

Base Year

2022

CAGR

12.1%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Virus Filtration Market Drivers And Restraints

The burden of chronic diseases is quickly growing worldwide. Nearly half of the total chronic disease deaths are attributable to cardiovascular diseases, obesity and diabetes are also presenting upsetting trends, not only because they already affect a large proportion of the population, but also because they have started to appear earlier in life. Factors such as the increasing prevalence of chronic diseases are contributing to the growth of the market. The increasing prevalence of chronic diseases, including cancer, diabetes, and autoimmune disorders, are anticipated to propel the demand for biologics. Growing adoption of advanced viral removal products has been observed for the development and production of innovative therapeutics for the treatment of chronic diseases.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market and forecast
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Virus Filtration Market Segmentation

By Product
  • Kits, Reagents, and Consumables
  • Filtration Systems
  • Services
By Application
  • Biological
  • Blood and Blood Products
  • Cellular and Gene Therapy Products
  • Stem Cell Products
  • Tissue and Tissue Products
  • Vaccines and Therapeutics
  • Medical Devices
  • Water Purification
  • Air Purification
End User
  • Pharmaceutical and Biotechnology Companies
  • Contract Research Organizations (CROs)
  • Academic Research Organizations
  • Medical Device Companies
Geography
North America
  • US
  • Canada
Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe
Asia-Pacific
  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
Middle East and Africa (MEA)
  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The virus filtration market is projected to expand at a CAGR of 12.1% during the forecast period.

Asahi Kasei Medical Co. Ltd,Charles River Laboratories International Inc.,Clean Cell Inc.,Danaher Corporation (Pall Corporation), General Electric Company, Lonza Group Ltd

North America is the fastest-growing region for virus filtration market

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  • Asahi Kasei Medical Co. Ltd
  • Charles River Laboratories International Inc.
  • Clean Cell Inc.
  • Danaher Corporation (Pall Corporation)
  • General Electric Company
  • Lonza Group Ltd
  • Merck KgaA
  • Sartorius AG
  • Thermo Fischer Scientific Inc.
  • Wuxi Biologics