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COVID-19 Imapcts on Virus Filtration Market Growth, Trends, Opportunities and Forecast to 2030 - Asahi Kasei, Merck KGaA, Sartorius

Virus filtration market is estimated to be over US$ 1,200 Mn in 2017. It is anticipated to grow at a CAGR of 12.1% from 2019 to 2030

 

New York, NY -- (SBWIRE) -- 05/08/2020 -- Virus filtration is one of the strongest technologies used for virus clearance for manufacturing of biologicals. It is a common technology in the biological manufacturing. There is an utmost need for ensuring safety of plasma and biotech-based medications and treatments with the help of complementary quality control measures and manufacturing that comprises the monitoring and control of raw materials, implementation and validation of effective virus clearance technique, and supervision of final packed product for detection of the virus presence. A normal virus filtration technology uses membrane barrier for eliminating both, non-enveloped viruses and enveloped viruses. This methodology helps the virus particles to retain on the surface of the filter and in the pores and is dependent on the virus size. There are several points to be noted before implementing the virus filtration in a process. These include taking care of the regulatory considerations, process considerations, and virus filter-associated considerations.

The outbreak of COVID-19 has substantially impacted the virus filtration technology. The industry is witnessing huge demand from various medical and biopharmaceutical companies to check each and every product that is being delivered to different medical settings. The medical and healthcare facilities are increasingly demanding different types of medical devices to treat different patients, resulting in the increased demand for virus filtration technology.

Major Key Players of the Virus Filtration Market are:
Asahi Kasei, Merck KGaA, Sartorius AG, Thermo Fisher Scientific, General Electric, Charles River, PendoTECH, Danaher, Lonza and Medical Respiratory Devices among others

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The continual increasing adoption of biopharmaceuticals, namely biologics and other biotherapeutics has presented a bright prospect for the growth of virus filtration market. Increasing funding for R&D has further led to wide scale adoption of these filtration products for clearance of virus.

Increasing preference for biopharmaceuticals and other forms of biotherapeutics have been crucial in governing the extensive growth of the biotechnology and pharmaceutical industries. In India, the biopharmaceutical sector accounted for the highest share, approximately around 64% of the entire biotechnology industry. Similarly, in the year 2016, the Indian biotechnology industry witnessed a staggering YoY growth of 57.14%. Growing preference for biopharmaceuticals owing to benefits has been pivotal in complementing the growth of these industries. Growth of these industries is anticipated to substantially contribute to the growth of virus filtration market, as these products are extensively used in these industries to obtain contamination free products and laboratories.

Major Types of Virus Filtration Market covered are:
Kits & Reagents
Virus Filters & Filtration Systems and Services

Major Applications of Virus Filtration Market covered are:
Biological (Blood & Blood Products, Vaccines & Therapeutics, and Stem Cell Products)
Water Purification
Medical Devices, and Air Purification

Research objectives:-

– To study and analyze the global Virus Filtration consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Virus Filtration market by identifying its various sub-segments.
– Focuses on the key global Virus Filtration manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Virus Filtration with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Virus Filtration Market Size
2.2 Virus Filtration Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Virus Filtration Market Size by Manufacturers
3.2 Virus Filtration Key Players Head office and Area Served
3.3 Key Players Virus Filtration Product/Solution/Service
3.4 Date of Enter into Virus Filtration Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Virus Filtration Sales by Product
4.2 Global Virus Filtration Revenue by Product
4.3 Virus Filtration Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Virus Filtration Breakdown Data by End User

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In the end, Virus Filtration industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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