Market Overview:
According to a new market research study titled ‘Virus Filtration Market – Global Analysis and Forecasts By product, application, and end user, 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 report highlights the trends prevalent in the global virus filtration market and the factors driving the market along with those that act as deterrents to its growth. The market is expected to grow due to due to increasing healthcare expenditures research and development as well as outsourcing services, however, the availability of alternative virus clearance methods is hindering the market.
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The collective advantages and benefits offered by single use technology based systems is expected to pertain as a prevalent trend in virus filtration market leading to adoption easy disposable and reliable filtration solutions. Single use technology based systems are increasingly popular methods incorporated in the biologics and biopharmaceutical production. These systems are disposed of after their use in comparison to the conventional systems that were cleaned and reused. The key advantages offered by single use technologies involve reduction in the utility requirement leading to lower energy costs, reduction in consumption of water and chemicals, elimination of cleaning requirements, facilitation of more flexible manufacturing by minimizing space requirements. 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.
Global virus filtration market, based on the application was segmented into biologics, medical devices water purification and air purification. In 2017, biologics segment held the largest share of the market, by application. Moreover, the biologics segment is expected to grow at the fastest rate during the coming years owing to 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.
The major players operating in the virus filtration market include Merck KGaA, Danaher (Pall Corporation) and Sartorius AG, Thermo Fisher Scientific Inc., General Electric, Lonza, Charles River, WuXi AppTec, Asahi Kasei Medical Co., Ltd. and Clean Cells among others. The market players are focused towards expanding their manufacturing and services capabilities by opening new manufacturing plants and service portfolio. For instance, in January 2017, Merck expanded of its end-to-end biodevelopment centers to meet increasing customer demand for its turnkey portfolio of bioprocessing products, manufacturing capabilities and industry leading technological expertise. The product portfolio includes Mobius bioreactor, Lynx CDR, Viresolve Process Area Modules, Pellicon and Centinel Intelligence Virus Defense.
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The report segments the global virus filtration market as follows:
· Global Virus Filtration Market – By Product
- Kits & Reagents
- Filtration Systems
- Services
- Others
· Global Virus Filtration Market – By Application
- Biologics
- Vaccines & Therapeutics
- Blood & Blood Products
- Cellular and Gene Therapy Products
- Others
- Medical Devices
- Water Purification
- Air Purification
· Global Virus Filtration Market – By End User
- Pharmaceutical & Biotechnology Companies
- Contract Research Organizations
- Medical Device Companies
- Academic & Research Institutes
· Global Virus Filtration Market – By Geography
- North America
- S.
- Canada
- Mexico
- Europe
- K.
- Germany
- France
- Asia Pacific (APAC)
- Japan
- China
- India
- Middle East & Africa (MEA)
- South Africa
- UAE
- Saudi Arabia
- South & Central America (SCAM)
- Brazil
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