Industry Outlook
Virus filtration market accounted for a market value of US$ 2,764.1 Mn in 2020 and projected to grow at a CAGR of 9.5% during the forecast period from 2021 to 2029. Virus filtration through membranes with pores
Virus filters & filtration systems segment is the largest product segment and expected to maintain its dominance throughout the forecast period
In 2020, virus filters & filtration systems accounted for the largest market, as these are highly expensive compared to kits & reagents and services. The virus filtration systems for large water purifying and pharmaceutical industrial plants are huge and designed on customized requirement due to which the cost of these products is high and expected to remain high throughout the forecast period. However, kits & regents was expected as the fastest growing segment throughout the forecast period due to high demand and it’s reordered repeatedly till the filtration system is in use.
Increasing development in healthcare industry of developing countries from Asia Pacific such as India & China will assist the demand growth throughout the forecast period
Asia Pacific identified as the fastest growing virus filtration systems market due to increase in number of biotechnology & pharmaceutical industries, adoption of stringent regulatory policies against quality of healthcare products, and increasing awareness related to virus-specific risk associated with vaccine or injectable production. India and China are the key countries that will experience this exceptional growth from 2021 to 2029.
Historical & Forecast Period
The virus filtration market analyzed considering current market trends for base year 2020 and based on future trends CAGRs calculated for the forecast period from 2021 to 2029.
The key players included in the market study investigated based on attributes such as financial information, product portfolio, recent market updates, and important market strategies. This report also covers attractive investment proposition analyzed with an exhaustive geographical research based on PESTEL analysis. The companies profiled in the report are Merck KGaA, Thermo Fisher Scientific, Inc., Medical Respiratory Devices PendoTECH, Lonza, Sartorius AG, Charles River Laboratories, General Electric, Asahi Kasei Corporation, Danaher, PendoTECH, and Lonza among others.
Key questions answered in this report
- Which is the trending product type in the market preferred for virus filtration & Why?
- What are the recent market strategies followed by key players & competitive analysis specific to virus filtration market?
- Which are the major geographical markets (regions and countries) in virus filtration market?
- Which is the largest and fastest growing virus filtration application globally?
- How is the competitive landscape of virus filtration market and strategies of major players present in this industry?
- Which are the key end-users for virus filtration systems?
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Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Virus Filtration (VF) Market: Market Dynamics and Future Outlook
Chapter 4. Global Virus Filtration (VF) Market, by Type of Product, 2019 - 2029 (US$ Mn)
Chapter 5. Global Virus Filtration (VF) Market, by Application, 2019 - 2029 (US$ Mn)
Chapter 6. Global Virus Filtration (VF) Market, by End-Users, 2019 - 2029 (US$ Mn)
Chapter 7. Global Virus Filtration (VF) Market, by Geography, 2019 - 2029 (US$ Mn)
Chapter 8. Company Profiles
Companies Mentioned
- Merck KGaA
- Thermo Fisher Scientific Inc.
- Medical Respiratory Devices PendoTECH
- Lonza
- Sartorius AG
- Charles River Laboratories
- General Electric
- Asahi Kasei Corporation
- Danaher
- PendoTECH
- Lonza
