Virus Filtration Market is expected to grow from USD 1.82 billion in 2015 up to USD 3.25 billion by 2020, with a CAGR of 12.3% between 2015 and 2020. Product wise, the market includes filtration systems, kits and reagents, other products and services. On basis of application, segmentation is biologicals, medical devices, water purification, and air purification. Among this, the biologicals segment is further divided into, vaccines and therapeutics, tissue and tissue products, cellular and gene therapy products, blood and blood products and stem cell products.
In virus filtration market report, the end user segments are included, which are pharmaceutical & biotechnology companies, academic research institutes, contract research organizations and medical devices companies. The pharmaceutical & biotechnology companies segment is likely to account for the largest share of the virus filtration market in 2015.
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The region wise segments included in this report are North America, Europe, Asia, and Rest of the World (RoW). North America is expected to hold the largest share in the global virus filtration market in 2015 whereas, Asia is expected to record the fastest growth during the forecast period.
The growth of virus filtration market is primarily driven by the increase in R&D expenditure, growth of biopharmaceutical industry, and increasing government support for pharmaceutical and biotechnology industry are driving factors of the virus filtration market. Also, increasing adoption of single-use technologies is the newest trend seen in the virus filtration market.
A combination of bottom-up and top-down approaches were used to evaluate the virus filtration market size and growth rates. All percentage shares, splits, and breakdowns for market segments were verified through primary sources and determined using secondary sources. All possible parameters that can affect the markets covered in this research study are considered, viewed in detail, verified through primary research, and studied to get the final quantitative and qualitative data. Primary interviews with major opinion leaders were also used. The report provides qualitative details about growth rates, and market drivers for all sub segments. It plots market sizes and growth rates for each sub segment and highlights segments poised for rapid growth in each geographic segment.
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Thereport also includes company profiles of virus filtration industry leaders such as:
- Merck & Co., Inc. (U.S.)
- General Electric Company (U.S.)
- Charles River Laboratories International, Inc. (U.S.)
- Sigma-Aldrich Corporation (U.S.)
- Sartorius AG (Germany)
- Thermo Fisher Scientific Inc. (U.S.)
- Lonza Group Ltd. (Switzerland)
- Pall Corporation (U.S.)
- Asahi Kasei Medical Co., Ltd. (Japan)
- WuXiPharmaTech (Cayman) Inc. (China).
Reasons to buy the virus filtration market Report:
The report will enable both existing companies and new comers to measure the virus filtration market trends and to help them plan strategies regarding growth decisions.
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The virus filtration market report provides insights on the following:
- Product Development/Innovation: Product details of the key players in the virus filtration market. Detailed data on upcoming technologies, research and development activities, and new product launches.
- Competitive Assessment: In-depth study of strategies, geographic and business segments, market shares, and product specifications of the leading players in the virus filtration market.
- Market Development: In detail information about profitable emerging markets. The report analyzes the market for various virus filtration across regions.
- Market Diversification: Extensive information about new products, recent developments, and investments in the virus filtration market.
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