Virus filtration Market is expected to reach US$ 5,555.4 Million by 2025 Owing to Increasing investments and R&D outsourcing activities

Virus filtration is a robust and effective virus clearance technology that is common unit operation in the manufacture of biologics. Some biological therapeutic products are produced using mammalian cell lines or human plasma. The risk of contamination with either known or unknown viruses in these products has been demonstrated; hence, regulatory agencies have mandated that manufacturers evaluate the risks of virus contamination and take necessary measures to mitigate these risks. Key factors driving the market are rapid growth of pharmaceutical and biotechnology industry, increasing investments in R&D and outsourcing activities are key drivers for the growth of the market.

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The major players operating in the virus filtration market include:

Merck KGaA, Danaher (Pall Corporation) and Sartorius AG, Thermo Fisher Scientific Inc., General Electric, Lonza, Charles River, WuXi AppTec, Asahi Kasei Medical Co., Ltd. and Clean Cells among others.

What the report features:-

- Global analysis of Virus Filtration market from 2017 – 2027 illustrating the progression of the market.

- Forecast and analysis of Virus Filtration market by Dosage, Route of Administration and Application from 2017 – 2027

- Forecast and analysis of Virus Filtration market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

The market for virus filtration is expected to grow due to rapid growth of biotechnology & pharmaceutical industry, stringent regulatory framework and increasing investments and R&D outsourcing activities. In addition, growth of pharmaceutical and medical device outsourcing as well as high potential of emerging nations are likely to have a positive impact on the growth of the virus filtration market in the coming years. The report would be of an interest to various stakeholders operating in the virus filtration market. These stakeholders include healthcare institutes, contract research organizations (CROs), research institutes, virus filtration product manufacturers and vendors, research consulting firms, virus filtration service providers, distributors and others.

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The objective of the study is to describe, define, and forecast the virus filtration market by product, application, end user, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall virus filtration market.

Global virus filtration market, based on the product was segmented into filtration systems, kits & reagents, services, and others. In 2017, the kits & reagents segment held the largest share of the market, by product. The kits & reagents segment is expected to grow at the fastest rate during the coming years as the kits and reagents are easy and safe to use as well as requires very little expertise while following the simple protocol to achieve the goals.

The market players are focused towards bringing new and innovative products and services to sustain their position in the market. For instance, in September 2017, Merck launched the Viresolve Pro Shield H for removal of parvoviruses from therapeutic protein feed streams. The product is used as a prefilter with Viresolve Pro Devices for more robust, cost-economic viral clearance. The developments performed by the companies are helping the market to grow in the coming years.

The report segments the global virus filtration market as follows:

Global Virus Filtration Market – By Product

Kits & Reagents
Filtration Systems
Services
Others

Global Virus Filtration Market – By Application

Biologics
Vaccines & Therapeutics
Blood & Blood Products
Cellular and Gene Therapy Products
Medical Devices
Water Purification
Air Purification
Others

Global Virus Filtration Market – By End User

Pharmaceutical & Biotechnology Companies
Contract Research Organizations
Medical Device Companies
Academic & Research Institutes

The report analyzes factors affecting market from both demand and supply side and further evaluates virus filtration market dynamics effecting the virus filtration market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies. 

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REASON TO BUY

 - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Virus Filtration Market.

- Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the Virus Filtration, thereby allowing players to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Monday July 22 2019, 2:00 PM EDT. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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