Global Virus Filtration Market 2019 | Prominent Factors by Industry Size, Share, Business Development Plans, Market Dynamics and Forecast to 2024

(The Express Wire via Comtex)

Global Virus Filtration Market 2019 providing complete analysis of the industry for the period 2019 - 2024. It provides whole summary of Virus Filtration Market considering all the major industry trends, market dynamics and competitive scenario.

The “Virus Filtration Market” 2019 provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. Important factors supporting growth across various is also provided. The impact of prevailing regulatory scenario on both regional and worldwide Virus Filtration market is provided in detail in the report. Industry Research offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Virus Filtration market is based on company profiles and their efforts on increasing product value and production.

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Some of The Major Key Players of Virus Filtration Market Are:

  • Asahi Kasei Medical Co. Ltd
  • Charles River Laboratories International Inc.
  • General Electric Company
  • Lonza Group Ltd
  • Merck KgaA
  • DANAHER CORPORATION (PALL CORPORATION)
  • Sartorius AG
  • Clean Cell Inc.
  • Thermo Fischer Scientific Inc.
  • Wuxi Biologics

Scope of the Report:

  • Virus filtration is an important step in the biopharmaceutical industry, as it ensures that the products are adequately purified to be fit for consumption. Virus filtration also helps to optimize process economics and prevents the loss of valuable products.

Market Overview:

  • The global virus filtration market was valued at USD 2,674.25 million in 2018, and is expected to reach USD 5,075.38 million by 2024, with an anticipated CAGR of 11.27% during the forecast period.
  • The major factors attributing to the growth of the virus filtration market are Increasing RandD Spending, growth in the Biopharmaceutical Industry, and Adoption of Single-use Technologies. Also, factors such as the increasing prevalence of chronic diseases are contributing to the growth of the market. The increasing prevalence of chronic diseases, including cancer, diabetes, and autoimmune disorders, are anticipated to propel the demand for biologics. According to the International Agency for Research on Cancer, about 14.1 million new cases of cancer were diagnosed worldwide in 2012. This number is projected to reach 21.7 million by 2030. However, stringent regulations for validation of filtration products may restrain the market growth in the forecasted period.

Market Dynamics:

  • Drivers: (Developing regions and growing markets)
  • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
  • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

The report provides key statistics on the market status of the Virus Filtration Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Virus Filtration .

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Key questions answered in the report include:

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the global Virus Filtration market?
  • What are the key market trends impacting the growth of the global Virus Filtration market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Virus Filtration market?
  • What are the market opportunities and threats faced by the vendors in the global Virus Filtration market?
  • Trending factors influencing the market shares of the relevant regions.
  • What are the key outcomes of the five forces analysis of the global Virus Filtration market?

Key Market Trends:

Kits, Reagents, and Consumables are Expected to Hold the Majority of the Market in the Products Segment

The kits, reagents, and consumables serve as an important category of the virus filtration market, toward the commercial launch of the biopharmaceuticals. The reagents are useful to reduce the potential for iatrogenic transmission of pathogenic viruses. In the process evaluation studies, the reagents are useful to identify the virus that is likely to contaminate the cell substrate or any other reagents or materials used in the process.

Qiagen and Merck Millipore are two of the widely known companies for reagents and kits for virus filtration. The samples used in the biopharmaceuticals production may include blood, plasma, serum, or bodily fluids, or any monoclonal antibody and recombinant proteins. Even Several biologic and pharmaceutical-based companies are opting in to invest more in RandD of vaccines, protein therapeutics, blood products, cellular therapy products, gene therapy products, tissue products, and stem cell products. The demand for these kits and reagents is driving the market

North America Dominates the Market and Expected to do Same in the Forecast Period

North America is expected to dominate the overall market, throughout the forecast period. This is due to the increasing incidence of diseases, and due to the presence of more number of pharmaceutical companies in the region is helping the market to hold its position has the largest market. In the North America region, the United States holds the largest market share. And in recent years, there has been increased regulatory scrutiny of incidents related to adventitious viruses in manufacturing processes. Owing to the increased research and development of biopharmaceutical companies, the demand for biologics is expected to drive the viral filtration market, during the forecast period.

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Study objectives of Virus Filtration Market Report:

  • To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the Virus Filtration market
  • To provide insights into factors influencing and affecting market growth
  • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
  • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
  • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
  • To provide economic factors, technology trends, and market trends that influence the global Virus Filtration market

Detailed TOC of Virus Filtration Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing RandD Spending
4.2.2 Growth in the Biopharmaceutical Industry
4.2.3 Adoption of Single-use Technologies
4.3 Market Restraints
4.3.1 Stringent Regulations for Validation of Filtration Products
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Products
5.1.1 Kits, Reagents and Consumables
5.1.2 Filtration Systems
5.1.3 Services
5.2 By Application
5.2.1 Biological
5.2.1.1 Vaccines and Therapeutics
5.2.1.2 Blood and Blood Products
5.2.1.3 Cellular and Gene Therapy Products
5.2.1.4 Tissue and Tissue Products
5.2.1.5 Stem Cell Products
5.2.2 Medical Devices
5.2.3 Water Purification
5.2.4 Air Purification
5.3 By End User
5.3.1 Pharmaceutical and Biotechnology Companies
5.3.2 Contract Research Organisations (CROs)
5.3.3 Academic Research Organisations
5.3.4 Medical Device Companies
5.4 Geography
5.4.1 North America
5.4.1.1 US
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 UK
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Asahi Kasei Medical Co. Ltd
6.1.2 Charles River Laboratories International Inc.
6.1.3 General Electric Company
6.1.4 Lonza Group Ltd
6.1.5 Merck KgaA
6.1.6 DANAHER CORPORATION (PALL CORPORATION)
6.1.7 Sartorius AG
6.1.8 Clean Cell Inc.
6.1.9 Thermo Fischer Scientific Inc.
6.1.10 Wuxi Biologics

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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