The rise is accompanied with an increase in the prevalence of chronic diseases such as cancer, diabetes, and autoimmune disorders. According to the International Agency for Research on Cancer, approximately 14.1 million new cancer cases were identified globally in 2017, with this figure expected to rise to 21.7 million by 2022. As a result, there is an increasing demand for therapeutic biologics for the treatment of such chronic diseases, which drives the market for virus filtration products for research and development and manufacturing applications.
Virus Filtration Market Overview:
The purpose of this research is to help users understand the Virus Filtration Market by offering insights into its definition, segmentation, market potential, important trends, and problems faced by the Virus Filtration industry in key regions and nations. The market data and information used in this study were obtained from respectable sources such as websites, firm annual reports, journals, and other trustworthy channels. Industry professionals scrutinised and validated these figures to verify their accuracy and dependability.
The Virus Filtration Market size is projected to reach US$ 6.14 Bn. at the end of the forecast period at a CAGR of 14%.
Virus Filtration Market Report Scope and Research Methodology:
This research includes gathering market statistics and information from respectable sources such as websites, firm annual reports, journals, and a variety of other credible venues. Industry professionals have rigorously examined and validated these data to ensure correctness and dependability.
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Virus Filtration Market Drivers:
The consumables segment held the biggest share of the market in 2022 and is predicted to develop at a rapid pace during the forecast period due to growing use of these virus filtering products. The increased emphasis on vaccines, protein treatments, blood products, cellular therapy products, gene therapy products, tissue products, and stem cell products is predicted to increase demand for consumables such as reagents, kits, and membranes.
Virus Filtration Market Segmentation:
by Product
Consumables
Kits and reagents
Others
Instruments
Filtration systems
Chromatography systems
Services
By End-Use
Biopharmaceutical & biotechnology companies
Contract research organizations
Medical devices companies
Academic institutes & research laboratories
by Application
Biologicals
Vaccines and therapeutics
Blood and blood products
Cellular and gene therapy products
Tissue and tissue products
Stem cell products
Medical devices
Water purification
Air purification
Key Players:
The analysis examines the industry's main market participants, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key participants in the Virus Filtration market are as follows:
1. Merck KGaA
2. General Electric Company
3. Thermo Fisher Scientific Inc.
4. Lonza Group Ltd.
5. Pall Corporation
6. Charles River Laboratories International, Inc.
7. Sigma-Aldrich Corporation
8. Sartorius AG
9. Asahi Kasei Medical Co., Ltd.
10.WuXi PharmaTech
11.Sartorius
12.Danaher
13.GE Healthcare
14.Clean Cells
15.QIAGEN
16.Agilent Technologies
17.Bio-Rad Laboratories, Inc.
18.Hoffmann-La Roche Ltd
19.Pfizer Inc.
20.Hospitech
21.CSL Behring
22.Illumina, Inc.
23.Eppendorf AG
24.PromoCell GmbH
25.HiMedia Laboratories
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Regional Analysis:
The study focuses on evaluating the Global Regions and Market Size of Virus Filtration , providing a growth estimate from 2021 to 2027. It looks into a variety of topics, including sectors, important players, worldwide suppliers, and regional market shares. The report offers in-depth insights into new business and product debuts, market positioning, status, and development trends classified by type and application. Using 2020 as the foundational year, this comprehensive examination will provide insights into pricing, profitability, and marketing status.
COVID-19 Impact Analysis on Virus Filtration Market:
The report investigates the consequences of the COVID-19 epidemic. The World Health Organisation declared a public health crisis following the virus's introduction in December 2019 and subsequent global expansion. The global consequences of the coronavirus outbreak are already visible, and they are projected to have a considerable influence on the Virus Filtration sector until 2021.
Key Questions answered in the Virus Filtration Market Report are:
What is the estimated market size for Virus Filtration in 2029?
What are the major segments of the global Virus Filtration market predicted to do during the forecast period?
Who are the leading suppliers and manufacturers in the Virus Filtration industry?
What is the estimated market size for Virus Filtration by the end of the forecast period?
In 2022, which geographic market had the greatest share of the Virus Filtration market?
Who are the major participants in the Virus Filtration market?
What are the market segments for Virus Filtration ?
Which Virus Filtration market sector is predicted to expand rapidly over the forecast period?
Key Offerings:
Market Size in the Past and Competitive Landscape (2018-2022)
Pricing history and pricing curves by region (2018-2022)
Market Size, Share, Size, and Forecast by Segment | 2023-2029
Market Dynamics - Regional Growth Drivers, Restraints, Opportunities, and Key Trends
Market segmentation is a thorough examination of the market based on Application, Technology, Type, End-User, and Region.
Competitive Landscape - Strategic profiles of chosen important players by region
Market leaders, market followers, and regional players comprise the competitive landscape.
Key players' competitive benchmarking by region
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