The market for virus filtration is expected to grow due to rapid growth of biotechnology & pharmaceutical industry, stringent regulatory framework and increasing investments and R&D outsourcing activities. In addition, growth of pharmaceutical and medical device outsourcing as well as high potential of emerging nations are likely to have a positive impact on the growth of the virus filtration market in the coming years.
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The major players operating in the virus filtration market include Merck KGaA, Danaher (Pall Corporation) and Sartorius AG, Thermo Fisher Scientific Inc., General Electric, Lonza, Charles River, WuXi AppTec, Asahi Kasei Medical Co., Ltd. and Clean Cells among others.
Global virus filtration market, based on the product was segmented into filtration systems, kits & reagents, services, and others. In 2017, the kits & reagents segment held the largest share of the market, by product. The kits & reagents segment is expected to grow at the fastest rate during the coming years as the kits and reagents are easy and safe to use as well as requires very little expertise while following the simple protocol to achieve the goals.
Increasing investments and R&D outsourcing activities is driving the market for virus filtration over the forecast period
Virus filtration is a robust and effective virus clearance technology that is common unit operation in the manufacture of biologics. Some biological therapeutic products are produced using mammalian cell lines or human plasma. The risk of contamination with either known or unknown viruses in these products has been demonstrated; hence, regulatory agencies have mandated that manufacturers evaluate the risks of virus contamination and take necessary measures to mitigate these risks.
The objective of the study is to describe, define, and forecast the virus filtration market by product, application, end user, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall virus filtration market.
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The report analyzes factors affecting market from both demand and supply side and further evaluates virus filtration market dynamics effecting the virus filtration market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.
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