Virus Filtration market is segmented by Product (Kits & Reagents, Systems, Services), Application (Biologics [Vaccine & Therapeutics, Blood, Tissues, Stem Cells], Devices, Air, Water Purification), End User (Biopharmaceutical, CROs, Research), and Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)
Virus Filtration Market size was estimated at $3405.1 Million in 2019 and is expected to reach $7669.8 Million by 2027, growing at a CAGR of 12.3% during the forecast period of 2020 to 2027.
Virus filtration is a process that uses a small membrane barrier that helps retain virus particles in different filters. This is a size-based virus removal procedure which involves a specially designed polymer membrane to retain the different virus particles over its surface or even within the pores of such membrane. The effectiveness of a virus removal process typically depends upon the log reduction value or the overall LRV and the overall throughput. Such filtration techniques depend on a lot of interaction factors including start-stop interruptions, ionic strength, operating flux, fresher, presence of foulants, protein concentration and the viral load. So it is quite essential to choose the appropriate filter depending on the conditions that it is supposed to be used.
Virus Filtration Market Growth Factors
The year 2020 is forecast to be a fantastic year for the growth of the global virus filtration market. The estimated sales is projected to reach 3.2 billion USD in the year, the same will see an upward rise through the year 2025 at a CAGR of 12.3%. The driving factors contributing towards such growth include the rise in the biopharmaceutical industries, expenditure for research and development, and an increasing the pot of the government for enhancing the growth of biotechnology and pharmaceutical industries respectively. While geographically specific regions of North America, Asia and Europe are forecasted to contribute majorly towards such market estimation, North American countries including Canada and USA will be accounted for the most extensive base of the global virus filtration market. Asian regions, including India, Japan and China are also at the same pace. The growth is majorly attributed to the biopharmaceutical industries where key players, including Merck & Co. and General Electric Company, are supposed to be the highest contributing entities for the same.
Virus Filtration Market Segmentation
Virus Filtration Market Country Analysis
The global virus filtration market has recorded a CAGR of 12.3% since 2015 and is projected to hit $3.35 billion by 2020. The North American region (Canada and U.S.) takes the largest share of this market. Japan, China, and India are some of the emerging nations where the virus filtration market is projected to grow in leaps and bounds. Factors that are driving the growth of this market include the growth of the pharmaceutical sector, an increase in research and development (R&D) spending, and favorable government initiatives. The prominent players in this rapidly growing market include Merck & CO., Inc., Pall Corporation, Thermo Fisher Scientific, Inc., and Asahi Kasei Medical Co., Ltd.
Virus Filtration Market Share and Competition
Key companies operating in this industry are: Merck & Co., Inc. (US), General Electric Company (US), Thermo Fisher Scientific Inc. (US), Lonza Group Ltd. (Switzerland), and Pall Corporation (US), Charles River Laboratories International, Inc. (US), Sigma-Aldrich Corporation (US), Sartorius AG (Germany), Asahi Kasei Medical Co., Ltd. (Japan) and WuXi PharmaTech (Cayman) Inc. (China).
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2020 - 2027)
• Kits & Reagents
Application Analysis (Revenue, USD Million, 2020 - 2027)
o Vaccine & Therapeutics
o Stem Cells
• Water Purification
End User Analysis (Revenue, USD Million, 2020 - 2027)
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Virus Filtration Market Companies
• Merck & Co., Inc. (US)
• General Electric Company (US)
• Thermo Fisher Scientific Inc. (US)
• Lonza Group Ltd. (Switzerland)
• Pall Corporation (US)
• Charles River Laboratories International, Inc. (US)
• Sigma-Aldrich Corporation (US)
• Sartorius AG (Germany)
• Asahi Kasei Medical Co., Ltd. (Japan)
• WuXi PharmaTech (Cayman) Inc. (China)
United States Virus Filtration Market Industry Research Report
Europe Virus Filtration Market Industry Research Report
Asia Pacific Virus Filtration Market Industry Research Report
Life-threatening viruses and bacterias dont come with a manual to prepare a vaccine, they barge into the human race and set everything in a frenzy. Certain viruses have a much longer life than others, they also have a high rate of infection in humans via contact. To ensure a backup plan when such viruses hit the mass of people globally, the Virus Filtration Market is a must. The global market has gained an upthrust in demands with more production of virus infiltrating equipment which are widely used in hospitals, public spots, quarantine centres, and residential areas as well. Some virus thrives on Metallic substances for a long period of time which increases the rate of transmission via contact, in such cases fogging machines and virus-filtration gateway which implies a walk -through entrance, it sanitizes and filters the potential virus that might be lining up on clothes or accessories. Several airports all across the world have adopted virus Filtration equipment before the person checks in, this has increased the demands in the market by a great amount. Virus filtration market also includes skilled hands who are aware of the proper functioning of that equipment and an efficient way of accessibility in critical areas on an urgent basis.
The world’s first total air solution, Aura Air, has launched a new product that it describes as ‘World’s smartest anti-virus combined air filtration system.’ The company targets specifically on viruses, bacteria, mold and fungi. A French celebrity Chef Alain Ducasse has recently unveiled a new air ventilation system in his former restaurants on 11 June 2020. The air filtration system has been designed to filter various viruses and bacteria in the restaurant.
Henry Schien Dental, a United Kingdom based company, has announced an agreement with Radic8 to join the distribution business and conjointly sell Air Filtration systems, on 11 June 2020. The technology filters all types of viruses and bacteria in a single air pass. “Patient safety has always been in the minds of dental professionals. Air purification systems can help practices to improve indoor infection control by neutralising certain airborne pathogens through air sterilisation.”, informed the Managing Director of Henry Schien Dental. Chinese company, Geely, has announced on 29 February 2020, that its new SUV will have an Air Filtration system that is specifically designed to filter out the viruses. The Air Filtration system is N95 Certified and the SUV is said to be specifically designed for the novel Covid-19.
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