Press release
Virus Filtration Market is estimated to touch USD 5,555.4 Million by 2025 | Key Players are Merck KGaA, Danaher, Sartorius AG, Thermo Fisher Scientific Inc., General Electric, Lonza and Charles River
Virus Filtration Market
The global Virus Filtration Market is expected to reach USD 5,555.4 Million in 2025 from USD 2,139.4 Million in 2017. The market is estimated to grow with a CAGR of 13.0% from 2018-2025.
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Virus Filtration Market Overview
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 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.
Virus Filtration Market Key Players
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. 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.
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Virus Filtration Market Segmentation
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
Global Virus Filtration Market – By Geography
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South & Central America (SCAM)
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