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Virus Filtration Market 2020- Global Industry Analysis by Trends, Growth Factor, Regional Overview, Size and 2026 Forecast

02-11-2020 11:48 AM CET | Health & Medicine

Press release from: Fortune Business Insights Private Limited

Virus Filtration Market

Virus Filtration Market

The International Agency for Research on Cancer found that approximately 14.1 million cancer cases were diagnosed in 2012 and is expected to reach 21.7 million by 2030 across the world. This shows that the demand for therapeutics biologics is likely to increase, further propelling demand for "virus filtration" products. Spurred by this, the global virus filtration market is expected to grow in the forthcoming years. The adoption of virus filtration technology is likely to increase, mainly for the purification of biopharmaceutical products.

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The demand for virus filtration system is likely to increase owing to the rising chances of viral contamination, encountered while conducting research. Some of the viruses include mouse minute virus, reovirus, and cache valley virus lead to viral contamination in biopharmaceuticals products. Rising preference towards biologics and FDA approvals on biologics products are factors responsible for the positively impacting the biologics segment application. Among other applications, biologics are expected to hold the major part of the virus filtration market share.

Key Companies and Manufacturers Covered:

o Asahi Kasei Medical Co. Ltd.
o General Electric Company
o Danaher Corporation
o Sartorius AG
o Clean Cell Inc.
o Wuxi Biologics
o Thermo Fischer Scientific Inc.
o Lonza Group Ltd
o Charles River Laboratories International Inc

Pall Corporation to Launch a New Business Unit to Strengthen its Market Position
These companies have a robust distribution network and offer advanced virus filters across the world. For instance, Sartorius has around 30 sales offices and is present in over 110 countries worldwide. As per the American Cancer Society, around 1,70,000 new cases of cancer are projected to be diagnosed in the year 2019. The adoption of virus removal products is expected to increase for the development of innovative therapeutics of chronic diseases.

Some of the companies are putting efforts to adopt different strategies in order to strengthen their market position. For instance, Pall Corporation announced the launch of a new biotech business unit called Pall Biotech. This new unit aims to focus on developing biological products and virus filtration products.

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Virus Filtration Market Segmentation:

By Product
o Consumables
o Kits and reagents
o Others
o Instruments
o Filtration systems
o Chromatography systems
o Services
By Application
o Biologicals
o Medical devices
o Water Purification
o Air Filtration
o Others
By End-User
o Hospitals and Clinics
o Pharmaceutical Companies
o Medical Device Companies
o Contract Testing Organizations
o Others
By Geography
o North America (USA and Canada)
o Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
o Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Reasons to Purchase this Report:

o Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players.
o Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion.
o Market dynamics and opportunities for growth for players in the near future.
o Competitive landscape describing the market revenue shares of key players.
o Market segmentation analysis that deals with quantitative and qualitative research, discussing the influence of policy-based and economical aspects.

Our proven methodologies and systematic analysis help in making confident business and strategic decisions.

A market study that conducts at Fortune Business Insights can save significant cost and time, and can help prevent making costly mistakes.

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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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