- Report ID: BMRC 1089 | Number of pages: 200 | Publish Date: Apr 2020
Status: Published | Category: Healthcare | Delivery Timeline:
"Virus Filtration Market is valued at USD 2.5 Billion in 2018 and expected to reach USD 5.8 Billion by 2025 with the CAGR of 12.3% over the forecast period."
Growth in the Biopharmaceutical Industry and Adoption of Single-Use Technologies are the major factors which are contributing in the growth of the market.
The main use of Virus Filtration is for maintaining a pathogen such as bacteria, microbes and to make virus free environment. As the presence of pathogens in labs and biotechnology industries, means there is occurrence of contamination of water, air and biotheraputics. This safety of products and safety of environment is maintained by this Virus Filtration. For holding the Virus particles, the Virus Filtration uses a Membrane Barrier. Virus Filtration is the removal method based on size which uses a specifically designed polymeric membrane to hold the Virus particles on surface and within the pores of membrane. This Virus Filtration uses the membranes for obtaining virus clearance during purification of biopharmaceutical products. There are four types of Virus Filtration Membranes used for the Virus clearance such as Retrovirus, Parvovirus and two Ultrafiltration Membranes. In 1892 these filters are come in use and it is first used by Dmitri Ivanovsky to show that sap from a diseased tobacco plant remained infectious to healthy tobacco plants despite having been filtered.
Virus filtration market is segmented on the basis of type and application. On the basis of type, the market is segmented into consumables, instruments and services. On the basis of application the market is segmented into biological, stem cell products, medical devices, water purification and air purification.
The regions covered in this virus filtration market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Hall Effect Sensor is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Globally Manufacturers such as,
Increasing Applications in Biopharmaceuticals Industries is Driving Virus Filtration Market Growth.
Geographically, Increase in applications Biopharmaceutical Industries which includes biological, medical devices and purification technologies these are the main factors owing the growth of the market. Also, increasing prevalence of chronic diseases which includes Cancer is fueling the market growth. According to the biopharmaceutical research industry profile, in United States, there are 23% decline in cancer deaths witnessed since the early 1990s into which about 1.5 million lives saved. Along with Cancer many more diseases such as Diabetes and Autoimmune disorders is projected to drive the demand for biologics and this this is the reason behind the increasing demand for therapeutic biologics which in turn significantly increases the demand for virus filtration products for R&D and manufacturing applications. The reagents such as sterile-filtering reagent are also contributing in the growth of virus filtration market. These reagents help to reduce the potential of iatrogenic transmission of pathogenic viruses and they help to identify the virus that is likely to contaminate the cell substrate or any other reagents or material used in the process.
North America is to dominating the Virus Filtration Market.
North America is dominating the overall market and is expected to maintain its dominance for the forecast period of time due to presence of well-established biotechnology and biopharmaceutical industries which are located in U.S. region. According to the Pharmapproach estimated that alone US holds over 45% of global pharmaceutical Market. Hence this is the main reason for encouraging the demand for advanced products for R&D and Biologics production in this region. Moreover Europe is second most dominating region due to high demand for innovative virus filtration products for research and biologics developments and production and also the region has highly developed healthcare infrastructure and large amount of money for R&D primarily in countries such as U.K., Germany and France contributing in the growth of market. Along with these regions the Asia Pacific is expected to contribute in the growth of the market. This is due to the region has growing number of road accidents and trauma cases.
Key Benefits for Global Virus Filtration Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
By Type: Consumables, Instruments, Services
By Application: Biological, Stem cell products, Medical devices, Water purification, Air purification
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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Virus Filtration Market 2020 By Type (Consumables, Instruments, Services), By Application (Biological, Stem cell products, Medical devices, Water purification, Air purification) Forecast to 2025