Global Virus Filtration Market to 2025 - Analysis and Forecasts By Product, Application, End User and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Virus Filtration Market to 2025 - Global Analysis and Forecasts By Product, Application, End User and Geography” report has been added to ResearchAndMarkets.com’s offering.
The global virus filtration market is expected to reach US$ 5,555.4 Mn in 2025 from US$ 2,139.4 Mn in 2017. The market is estimated to grow with a CAGR of 13.0% from 2018-2025.
The growth of the virus filtration market is primarily attributed to the increasing investments in R&D and outsourcing activities. Moreover, the rapid growth of pharmaceutical and biotechnology industry is also expected to drive the growth of virus filtration market. However, availability of alternative techniques for virus clearance and high consolidation is expected to obstruct the growth of virus filtration market.
On the other hand, rapid use of single use technology-based products and materials are expected to be trending in the manufacturing companies and lab scale experimentations in the market. The single use technology is mostly encountered among filtration equipment that are used in the manufacturing upstream and downstream processes such as membrane filters, chromatographic columns and others.
These single use filtration systems are used for purification and removal of viruses, plasmids, and other contaminants that are possibly present in the liquid components during biological manufacturing process. Moreover, the single use Nano-filtration filters provides higher safety in biologic processing for filtration of small, non-enveloped viruses as well viral strains that are resistant to chemical inactivation.
The single use technology have lately been proven to be robust, scalable and reliable form of sources from lab scale to cGMP production applications such as flexible contaminant, single-use bioprocessing equipment and single use filtration assemblies. The use of single use technologies used in virus filtration helps to marginally reduce the risk of cross-contamination increasing the safety profile of the manufacturing process.
Global virus filtration market, based on the product was segmented into filtration system, kits and reagents, services and others. In 2017, the kits and reagents segment held the largest share of the market, by product. This is primarily attributed to its ease of use and its increasing use by the pharmaceutical and biotechnology companies. The services segment is expected to grow at the fastest rate during the coming years.
Global virus filtration market, based on application was segmented into biologics, water purification and air purification. In 2017, biologics segment held the largest share of the market and is expected to grow at the fastest rate during the coming years owing to the rise in the production of biologics and increasing government funding as well as promotional initiatives undertaken for usage of biologics to treat various medical conditions. Increasing R&D innovation in various other applications such as gene therapy and stem cell biology has also been contributing significantly to the growth of this market.
Some of the major primary and secondary sources for virus filtration included in the report are World Health Organization (WHO), Council of Scientific and Industrial Research (CSIR), National Research Foundation (NRF), Canadian Institutes of Health Research (CIHR), European Medicines Agency (EMA) and others.
Key Topics Covered:
2. Global Virus Filtration Market - Key Takeaways
3. Global Virus Filtration Market - Market Landscape
4. Global Virus Filtration Market - Key Market Dynamics
5. Virus Filtration Market - Global Analysis
6. Virus Filtration Market Analysis- by Product
7. Global Virus Filtration Market Analysis- by Application
8. Global Virus Filtration Market Analysis- by End User
9. North America Virus Filtration Market Revenue and Forecasts To 2025
10. Europe Virus Filtration Market Revenue and Forecasts To 2025
11. Asia Pacific Virus Filtration Market Revenue and Forecasts To 2025
12. Middle East and Africa Virus Filtration Market Revenue and Forecasts To 2025
13. South and Central America Virus Filtration Market Revenue and Forecasts To 2025
14. Virus Filtration Market Industry Landscape
15. Virus Filtration Market Key Company ProfilesMerck KGaA Sartorius AG Danaher (Pall Corporation) Thermo Fisher Scientific, Inc. General Electric Charles River Wuxi Apptec Lonza Asahi Kesai Corporation Clean Cells
For more information about this report visit https://www.researchandmarkets.com/research/lb85kv/global_virus?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005577/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Infectious Disease Testing
INDUSTRY KEYWORD: HEALTH INFECTIOUS DISEASES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/09/2018 07:01 AM/DISC: 10/09/2018 07:01 AM