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Virus Filtration Market 2020-2024 | Insights by Types, Applications, Market Drivers, Industry Segmentation and Forecast Analysis

Virus

The Key purpose of “Virus Filtration Market” report is to deliver key market trends, the scope of report, competitive landscape and industry overview with key players. Virus Filtration market report is designed by a detailed investigation process to collect all the necessary data. Further, the report studies the revenue generated from the market analysis and opportunity analysis to estimate the market size.

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Virus Filtration Market Covers Key Players:

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

    Market Overview:

  • The global virus filtration market was valued at USD 2,674.25 million in 2018, and is expected to reach USD 5,075.38 million by 2024, with an anticipated CAGR of 11.27% during the forecast period.
  • The major factors attributing to the growth of the virus filtration market are Increasing R&D Spending, growth in the Biopharmaceutical Industry, and Adoption of Single-use Technologies. Also, 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. According to the International Agency for Research on Cancer, about 14.1 million new cases of cancer were diagnosed worldwide in 2012. This number is projected to reach 21.7 million by 2030. However, stringent regulations for validation of filtration products may restrain the market growth in the forecasted period.

    The Virus Filtration Market Report Includes:

    • The Virus Filtration market report covers the present status and future prospects.
    • The report analyses market trends, size, and forecast in different geographically.
    • The report provides market competition overview among the Top companies.
    • The report provides a complete analysis of the current and emerging market trends and opportunities.

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    Scope of the Report:

  • Virus filtration is an important step in the biopharmaceutical industry, as it ensures that the products are adequately purified to be fit for consumption. Virus filtration also helps to optimize process economics and prevents the loss of valuable products.

    Key Market Trends:

    Kits, Reagents, and Consumables are Expected to Hold the Majority of the Market in the Products Segment

    The kits, reagents, and consumables serve as an important category of the virus filtration market, toward the commercial launch of the biopharmaceuticals. The reagents are useful to reduce the potential for iatrogenic transmission of pathogenic viruses. In the process evaluation studies, the reagents are useful to identify the virus that is likely to contaminate the cell substrate or any other reagents or materials used in the process.

    Qiagen and Merck Millipore are two of the widely known companies for reagents and kits for virus filtration. The samples used in the biopharmaceuticals production may include blood, plasma, serum, or bodily fluids, or any monoclonal antibody and recombinant proteins. Even Several biologic and pharmaceutical-based companies are opting in to invest more in R&D of vaccines, protein therapeutics, blood products, cellular therapy products, gene therapy products, tissue products, and stem cell products. The demand for these kits and reagents is driving the market

    North America Dominates the Market and Expected to do Same in the Forecast Period

    North America is expected to dominate the overall market, throughout the forecast period. This is due to the increasing incidence of diseases, and due to the presence of more number of pharmaceutical companies in the region is helping the market to hold its position has the largest market. In the North America region, the United States holds the largest market share. And in recent years, there has been increased regulatory scrutiny of incidents related to adventitious viruses in manufacturing processes. Owing to the increased research and development of biopharmaceutical companies, the demand for biologics is expected to drive the viral filtration market, during the forecast period.

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    Important Questions Answered in The Virus Filtration Market Report:

    • What is the main factor that takes this market to the next level?
    • What will the market demand and what will be growth?
    • What are the latest opportunities for the Virus Filtration Market in the future?
    • What are the strengths of the main players?
    • What is the key to the Virus Filtration Market?

    Detailed TOC of Virus Filtration Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing R&D Spending
    4.2.2 Growth in the Biopharmaceutical Industry
    4.2.3 Adoption of Single-use Technologies
    4.3 Market Restraints
    4.3.1 Stringent Regulations for Validation of Filtration Products
    4.4 Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Products
    5.1.1 Kits, Reagents and Consumables
    5.1.2 Filtration Systems
    5.1.3 Services
    5.2 By Application
    5.2.1 Biological
    5.2.1.1 Vaccines and Therapeutics
    5.2.1.2 Blood and Blood Products
    5.2.1.3 Cellular and Gene Therapy Products
    5.2.1.4 Tissue and Tissue Products
    5.2.1.5 Stem Cell Products
    5.2.2 Medical Devices
    5.2.3 Water Purification
    5.2.4 Air Purification
    5.3 By End User
    5.3.1 Pharmaceutical and Biotechnology Companies
    5.3.2 Contract Research Organisations (CROs)
    5.3.3 Academic Research Organisations
    5.3.4 Medical Device Companies
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East and Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East and Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Asahi Kasei Medical Co. Ltd
    6.1.2 Charles River Laboratories International Inc.
    6.1.3 General Electric Company
    6.1.4 Lonza Group Ltd
    6.1.5 Merck KgaA
    6.1.6 DANAHER CORPORATION (PALL CORPORATION)
    6.1.7 Sartorius AG
    6.1.8 Clean Cell Inc.
    6.1.9 Thermo Fischer Scientific Inc.
    6.1.10 Wuxi Biologics

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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