Virus Filtration Market by Product Type (Kits & Reagents, Virus Filters & Filtration Systems and Services) Application (Biological (Blood & Blood Products, Vaccines & Therapeutics, and Stem Cell Products), Water Purification, Medical Devices, and Air Purification), End User (Pharmaceutical & Biotechnology Companies, Academic Research Institutes, Contract Research Organizations and Medical Device Companies) and Region - Analysis & Forecast 2019-2030

Report ID : 42  |  Published Date : Apr 2019  |  Pages : 150  |  Region : Global  |  Report Code : MD-24




Virus Filtration Market Overview and Introduction

Virus filtration market is estimated to be over US$ 1,200 Mn in 2017. It is anticipated to grow at a double digit CAGR from 2019 to 2030.

The threat of contamination of biological products, namely vaccines, bio therapeutics and biologics is a major source of concern for laboratories, pharmaceutical companies and other research & educational establishments. Such contaminations may arise as a result of chemical impurities, fungi, bacteria and viruses. The occurrence of viral contamination affects the raw materials, cell culture, bioreactors and several downstream processes. Therefore, practicing virus safety and virus filtration studies is extremely pivotal in the process of manufacturing as well as research studies.

Rapid growth in the demand for biopharmaceutical products is a major contributing factor contributing to the growth of the global virus filtration market. The ability of biotherapeutics to treat diseases and ailments and not merely its symptoms with high efficacy and minimal side effects has been crucial in continual adoption of these products. Moreover, increasing investments in the sector of R&D coupled with rising incidences of chronic disorders worldwide is anticipated to present a lucrative scenario for the extensive growth of this market. However, stringent rules and regulation for validation of virus filtration products is likely to restrain the market to a certain extent.

Virus Filtration Market by Product Type 

On the basis of product type, the virus filtration market is segmented into kits & reagents, virus filters & filtration systems and services.  In terms of revenue, the kits & reagents segment is anticipated to account for the largest share of the global virus filtration market. The growth of the segment can be attributed to the recurring demand of these products for everyday laboratory use.

Virus Filtration Market by Applications

Similarly the segment of applications is classified into biological, water purification, medical devices, and air purification. The biological applications segment can be further segmented into blood & blood products, vaccines & therapeutics, stem cell products and other biological applications.  The segment of biological applications is estimated to account for the largest share of the virus filtration market, owing to the rising adoption of biotherapeutics or biopharmaceuticals and growing awareness regarding stem cell therapies, tissue-based therapies and other treatments for several diseases.

Virus Filtration Market by End Users 

Finally, on the basis of end user the virus filtration market can be distinctly segmented into pharmaceutical & biotechnology companies, academic research institutes, contract research organizations and medical device companies and other end users. Growing number of pharmaceutical industries coupled with rising preference of biotherapeutics over conventional medications, is estimated to contribute significantly to the dominant market share of pharmaceutical & biotechnology companies segment.  

Virus Filtration Market by Regions 

The global virus filtration market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW).  North America dominated the market of virus filtration, followed by Europe and Asia Pacific. North America will continue to dominate the global virus filtration market in the forecast period owing to factors such as highly developed healthcare system, presence of private and public funding in the sector of R&D and technological advancements among others. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries and government support, continual growth of the biopharmaceutical industry are driving the growth of the virus filtration market in this region.   

Virus Filtration Market Prominent Players 

The prominent players in the global virus filtration market are Asahi Kasei Corporation, Merck KGaA, Sartorius AG, Thermo Fisher Scientific, Inc., General Electric, Charles River, PendoTECH, Danaher, Lonza and Medical Respiratory Devices among others

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Ecosystem
      1.   Market Classification
      2.   Geographic Scope
      3.   Years Considered for the Study
        1. Historical Years – 2016 & 2017
        2. Base Year – 2018
        3. Forecasted Years – 2019 to 2030
    3. Currency Used for the Study
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2.  Primary Sources
    4. Market Estimation Methodology
      1.   Bottoms Up Approach
      2.   Top Down Approach
    5. Data Validation and Triangulation
      1.   Market Forecasting Model
      2.   Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Technological Advancements
    2. Regulatory Landscape Assessment
  6. Global Virus Filtration Market - Analysis & Forecast, By Product Type
    1. Kits & Reagents
    2. Virus Filters & Filtration Systems
    3. Services
  7. Global Virus Filtration Market - Analysis & Forecast, By Application
    1. Biological
      1. Blood & Blood Products
      2. Vaccines & Therapeutics
      3. Stem Cell Products
      4. Other Biological Applications
    2. Water Purification
    3. Medical Devices 
    4. Air Purification
  8. Global Virus Filtration Market - Analysis & Forecast, By End User
    1. Pharmaceutical And Biotechnology Companies 
    2. Academic Research Institutes
    3. Contract Research Organizations
    4. Medical Device Companies
    5. Other End Users
  9. Global Virus Filtration Market - Analysis & Forecast, By Region
    1.  North America Virus Filtration Market
      1.   North America Virus Filtration Market, By Country
        1.  US
        2.  Canada
      2. North America Virus Filtration Market Analysis & Forecast, By Product Type
      3. North America Virus Filtration Market Analysis & Forecast, By Application
      4. North America Virus Filtration Market Analysis & Forecast, By End User
    2. Europe Virus Filtration Market
      1. Europe Virus Filtration Market, By Country/Region
        1. Germany
        2. U.K
        3. France
        4. Rest of Europe (ROE)
      2. Europe Virus Filtration Market Analysis & Forecast, By Product Type
      3. Europe Virus Filtration Market Analysis & Forecast, By Application
      4. Europe Virus Filtration Market Analysis & Forecast, By End User
    3. Asia Pacific Virus Filtration Market
      1. Asia Pacific Virus Filtration Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Virus Filtration Market Analysis & Forecast, By Product Type
      3. Asia Pacific Virus Filtration Market Analysis & Forecast, By Application
      4. Asia Pacific Virus Filtration Market Analysis & Forecast, By End User
    4. Rest of the World (ROW) Virus Filtration Market
      1. Rest of the World Virus Filtration Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Virus Filtration Market Analysis & Forecast, By Product Type
      3. Rest of the World Virus Filtration Market Analysis & Forecast, By Application
      4. Rest of the World Virus Filtration Market Analysis & Forecast, By End User
  10. COMPETETIVE LANDSCAPE
    1. Market Share Analysis (2018)
  11. COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
    1. Asahi Kasei Corporation
    2. Merck KGaA
    3. Sartorius AG
    4. Thermo Fisher Scientific, Inc. 
    5. General Electric 
    6. Charles River
    7. PendoTECH
    8. Danaher
    9. Lonza
    10. Medical Respiratory Devices

*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain