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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Virus Filtration Market Outlook
The global virus filtration market size was valued at USD 4.6 billion in 2023. The major drivers of the market include rising population, increased demand for biopharmaceutical drugs, and the rising prevalence of chronic diseases. The market is anticipated to grow at a CAGR of 12.3% during the forecast period 2024-2032 to reach a value of USD 13 billion by 2032.
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Market Segmentation
Virus filtration is a strong and efficient virus clearance technology, particularly used in biological manufacturing unit. The virus filtration market can be divided on the basis of segments like product, end use, and application.
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The industry can be divided based on its product type into kits, reagents, and consumables, filtration systems, and services. Virus filtration finds its end use in the following segments:
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations (CROs)
- Academic Research Organizations
- Medical Device Companies
The industry can be divided on the basis of its application as biological, medical devices, water purification, and air purification. The biological segment can be further subdivided into vaccines and therapeutics, blood and blood products, cellular and gene therapy products, tissue and tissue products, and stem cell products.
The EMR report looks into the regional virus filtration markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The increased incidence of chronic diseases, including cancer, diabetes, and autoimmune disorders, will boost demand for biopharmaceutical drugs, thus, aiding the virus filtration industry globally. Biological development, such as biopharmaceutical drugs, requires extreme precision and even a small deviation in its protein structure could lead to modifications in medicine's effectiveness, quality, and safety; therefore, the use of filtration products such as chromatographic reagents, and kits is necessary to prevent the variability in protein structure or denaturation of proteins, which may adversely impact the demand for these products. The major driver, which anticipated to increase the market growth during the forecast period is the compliance of product with drug development and manufacturing regulatory frameworks such as, the Current Good Manufacturing Practice (cGMP) legislation. Intense competition among vendors is the major drawback, which may hamper the growth of the virus filtration market in the coming years.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global virus filtration market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Asahi Kasei Corporation
- Charles River Laboratories International Inc.
- Danaher Corporation
- General Electric Company
- Sartorius AG
- Lonza Group Ltd
- Merck KgaA
- Pendo TECH
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Products |
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| Breakup by Application |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Virus Filtration Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global virus filtration market reached a value of USD 4.6 billion in 2023.
The market is anticipated to grow at a CAGR of 12.3% during the forecast period of 2024-2032 to reach a value of USD 13 billion by 2032.
The major drivers of the market include rising population, increased demand for biopharmaceutical drugs, and the rising prevalence of chronic diseases.
The key trends in the market include the increasing compliance of product with drug development and manufacturing regulatory frameworks.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The product types include kits, reagents, and consumables, filtration systems, and services.
The end use segments are pharmaceutical and biotechnology companies, contract research organizations (CROs), academic research organisations, and medical device companies.
The diverse applications for market are biological, medical devices, water purification, and air purification.
The major players in the market include Asahi Kasei Corporation, Charles River Laboratories International Inc., Danaher Corporation, General Electric Company, Sartorius Group, Pendotech, and Lonza Group, Merck KgaA, among others.
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