Global Virus Filtration Market 2022-2028

Global Virus Filtration Market 2022-2028

Global Virus Filtration Market Size, Share, & Analysis by Productg(Kits & Reagents, Filtration Systems, and Services), by Application (Biological, Medical Devices, and Industrial Purification), and by End-User (Pharmaceutical & Biotechnology Companies, and Research Institutes) Forecast Period (2022-2028)

The global virus filtration market is projected to reach $XXXX million in 2028 from $XXXX million in 2021, growing at a CAGR of 11.5% during the forecast period (2022-2028). Virus filtration membranes are utilized to get virus clearance during the purification of biopharmaceutical products. It is a fundamental procedure in the pharmaceutical industry as it assures the purity and consecutive consumption of important products. The rise in R&D expenditure, growth of biopharmaceutical industry, and increasing government support for pharmaceutical and biotechnology industry is a key factor driving the growth of the global virus filtration market.

According to the World Health Organization (WHO), there were approximately 38 million people across the globe with HIV/AIDS in 2021. Of these, 36.2 million were adults and 1.8 million were children (<15 years old). The increase in the prevalence of chronic as well as acute virus-related diseases such as Human immunodeficiency virus (HIV/AIDS), Human papillomavirus (HPV), infectious mononucleosis, mumps, measles and rubella is further driving the growth of the global virus filtration market. However, the stringent regulation for approval of the filtration products and high cost of filtration products are anticipated to hinder the market growth during the forecast period.

Impact of COVID-19

COVID-19 has accelerated the demand for virus filtration devices. The elevating demand for air filtration, which is considered as an effective way of minimizing the spread and severity of the outbreak is a key factors creating demand for air filters. To gain on the market opportunity some key players are launching new virus filtration products to limit COVID-19 pandemic. For instance, in January 2021, Brondell, innovative health and personal care technologies provider has announced the availability of the Brondell Pro Sanitizing Air Purifier with AG+ Technology from Aurabeat, one of the only professional grade, standalone air purifiers in the US independently tested and certified to capture and eliminate ≥99.9% of the airborne COVID-19 virus (SARS-CoV-2), reducing the aerosol particles from over two million particles per liter of air to zero within 15 minutes.