GlobalVirus Filtration Market is expected to grow at a CAGR of 14% to reach US$XX million in 2026.
The growth is coupled with therising prevalence of chronic diseases including cancer, diabetes, andautoimmune disorders. According to the International Agency for Research onCancer, around 14.1 million new cancer cases were diagnosed worldwide in 2016and this number is projected to reach 21.7 million by 2030. Thus, there is agrowing demand for therapeutic biologics for the treatment of such chronicdiseases, which consequently propel the demand for virus filtration productsfor R&D and manufacturing applications.
Compliance with drug development& production regulatory frameworks such as Current Good ManufacturingPractice (cGMP) regulations is another main driver expected to boost the GlobalVirus Filtration Market. Virus safety of these products is ensured by manufacturersthrough various quality control measures such as monitoring and quality checkof raw materials, validation & implementation of efficient virus clearancetechnology, as well as validation of the final product for the absence of viruscontamination. Thus, the demand for these products is very high formanufacturing and R&D practices.
North America virus filtrationmarket dominated the overall sector and is expected to maintain its dominanceduring the study period. The well-established biotechnology andbiopharmaceutical industry in the U.S. has spurred the demand for advancedviral clearance products for R&D and biologics production in this region.
Global Virus FiltrationMarket, By End-Use
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Europe was the second largestmarket due to high demand for innovative virus filtration products for researchand biologics development & production. In addition, highly developedhealthcare infrastructure and investment of a large amount of money in R&D,primarily in Germany, UK, and France are expected to drive the regional market.
The consumables segment accountedfor the largest share of the market in 2017 and is expected to showcaselucrative growth over the forecast period owing to the increased usage of thesevirus filtration products. The rising focus on the development of vaccines,protein therapeutics, blood products, cellular therapy products, gene therapyproducts, tissue products, and stem cell products is expected to boost thedemand for consumables including reagents, kits, and membranes.
The report includes the analysis ofimpact of COVID-19 lock-down on the revenue of market leaders, followers, anddisrupters. Since lock down was implemented differently in different regionsand countries, impact of same is also different by regions and segments. Thereport has covered the current short term and long term impact on the market,same will help decision makers to prepare the outline for short term and longterm strategies for companies by region.
Scope Of The Global VirusFiltration Market : Inquire before buying
•Global Virus FiltrationMarket, By Product
o Consumables
Kits and reagents
Others
o Instruments
Filtration systems
Chromatography systems
o Services
•Global Virus FiltrationMarket, By End-Use
o Biopharmaceutical &biotechnology companies
o Contract research organizations
o Medical devices companies
o Academic institutes &research laboratories
•Global Virus FiltrationMarket, By Application
o Biologicals
Vaccines and therapeutics
Blood and blood products
Cellular and gene therapyproducts
Tissue and tissue products
Stem cell products
o Medical devices
o Water purification
o Air purification
The above data will be provided forfollowing regions/countries from 2018-2026 (USD Million)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Latin America
o Argentina
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia
What information is covered inreport?
• Actual market numbers from2017-2018, estimates and forecasts from 2018 to 2026
• Detailed market segmentation andmarket share analysis of each segment
• Impact analysis of variousdrivers and trends
• Market segmentation and landscape
• Competitive landscape, 2017.
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