Virus Filtration Market Share, Size, Trends, Industry Analysis Report, By Product Type (Consumables, Instruments, Services, Others); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032
The global virus filtration market size is expected treach USD 13.86 billion by 2032, according ta new study by Polaris Market Research. The report “Virus Filtration Market Share, Size, Trends, Industry Analysis Report, By Product Type (Consumables, Instruments, Services, Others); By Application; By End-Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Some drivers of this growth include the increasing demand for biologics, rising investments in R&D by pharmaceutical companies, and the growing prevalence of chronic diseases. The market is alspoised tbe impacted by advancements in virus filtration technologies, such as developing new filters with improved virus retention and removal capabilities.
Increasing demand for effective virus removal and clearance during the production of biologics, vaccines, and other biological products includes virus filters, membrane filtration systems, and virus removal services catering tbiopharmaceutical manufacturing, blood and plasma fractionation, and medical device manufacturing. Virus filtration is a critical step in ensuring the safety and efficacy of these products, as contamination by viruses can pose significant health risks tpatients.
In recent years increasing in the development of advanced virus filtration technologies tremove smaller and more complex viruses, the growing adoption of single-use virus filtration systems that offer reduced contamination risks, lower capital costs, and faster turnaround times, and a trend towards outsourcing virus filtration services tspecialized contract manufacturing organizations tmeet the growing demand for cost-effective and flexible manufacturing solutions. These trends indicate a rapidly evolving and dynamic market with significant potential for growth and innovation in the coming years.
Virus Filtration Market Report Highlights
Instrument segment is anticipated tgrow fastest rate during the forecast period because increasing the demand for the biologicals for the treatment of chronic diseases. Some companies introduced filtration and chromatography systems in R&D and production of biologics.
Biologicals segment has accounted for the highest revenue share in the market and will grow at fastest rate during projected period, due tincreasing in the prevalence of cancer, diabetics and blood disorders which increases the demand for biologicals.
Pharmaceutical and biotechnology companies’ segment is anticipated thold largest share. Due tincrease in the vaccine production and high demand for the virus filtration propels the segment growth.
North America dominated the global market for virus filtration in 2022, due traising the investment in the pharmaceutical industries and alsplayer taking initiatives in partnerships, and collaborations which propels the market expansion.
The global key market players include Asahi Kasei Medical, Charles River Laboratories International, Inc, Danaher, Clean Cell Inc., GE Healthcare, Lonza Group Ltd, Merck KGaA, Sartorius, Qiagen, ThermFisher Scientific Inc., and WuXi PharmaTech.
Polaris Market Research has segmented the Virus Filtration market report based on product type, application, end-use, and region:
Virus Filtration, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
Consumables
Instruments
Services
Others
Virus Filtration, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Biologicals
Medical Devices
Air Purification
Water Purification
Others
Virus Filtration, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Hospitals and Clinics
Pharmaceutical and Biotechnology Companies
Academic Research Institutes
Medical Device Companies
Contract Research Organizations
Others
Virus Filtration, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa