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Bright future predicted for global virus filtration market

Bright future predicted for global virus filtration market

The Global Virus Filtration Market accounted to USD 2.5 billion in 2016 growing at a CAGR of 12.5% during the forecast period of 2017 to 2024.

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Global Virus Filtration Market Definition: 

Viruses are microscopic organisms which are observable under microscope. Viruses are contagious and have ability to replicate themselves inside the other living organisms.

Viruses are mostly contaminating all the life forms, such as plants, animals, and microbes, which includes archaea and bacteria. Virus Filtration is the important and robust process of the elimination of virus particles.

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This is an effective virus removal tool and a significant practice in the manufacturing of biological products with benefits of the simple operability and negligible harm to the yield. Virus filtration process is usually carried out as a last purification step for any production process.

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Market Analysis: 

The global virus filtration market accounted to USD 2.5 billion in 2016 growing at a CAGR of 12.5% during the forecast period of 2017 to 2024.

Years considered for this report:

  • Historical Year: 2015
  • Base Year: 2016
  • Estimated Year: 2017
  • Forecast Period: 2017–2024

Global Virus Filtration Market By Product (Kits and Reagents, Filtration Systems, Services), Application (Biologicals, Medical Devices, Water Purification, Air Purification), Technology (Filtration, Chromatography), End-User (Pharmaceutical & Biotechnology Companies, Contract Research Organizations, Academic Research Institutes, Medical Device Companies), Geography – Industry Trends and Forecast to 2024

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Market Competitors: 

Some of the major players operating in global virus filtration market are General Electric, Danaher, Thermo Fisher Scientific Inc., Lonza, Sigma-Aldrich Co., Sartorius AG, Charles River Laboratories International, Inc., QIAGEN, Agilent Technologies, Bio-Rad Laboratories, Inc., Wuxi Pharmatech (Cayman) Inc., Asahi Kasei Corporation, Merck & Co., Inc.,F. Hoffmann-La Roche Ltd,Pfizer Inc., Hospitech, CSL Behring, Illumina, Inc., Eppendorf AG, PromoCell GmbH, HiMedia Laboratories, Corning Incorporated, BD, Biospherix, Ltd, VWR Lab Products Pvt.

Ltd., DWK Life Sciences Inc., and Novogene Corporationamong others

Market Segmentation: 

By product the global virus filtration market is segmented into kits and reagents, filtration systems, services, and others.

On the basis of application the global virus filtration market is segmented intobiologicals, medical devices, water purification, and air purification.

Biologicals are further sub-segmented into vaccines and therapeutics, blood and blood products, cellular and gene therapy products, tissue and tissue products, and stem cell products.

On the basis of technology the global virus filtration market is segmented intofiltration, and chromatography.

On the basis of end-user the global virus filtration market is segmented into pharmaceutical & biotechnology companies, contract research organizations, academic research institutes, and medical device companies.

On the basis of geography, global virus filtration market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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