Virus Filtration Market Size, Share, Trends and Forecast 2030, by Types (Depth filters, Membrane filters, Chromatography) by Applications (Biopharmaceutical production, Blood and blood products, Vaccines, Gene therapy, Tissue and cell products)

Report ID :
1745

Publisher ID :
theinsightbridge

Published :
2023-05-25

Pages :
150

Purchase Option
$4500

Virus Filtration Market Introduction 

The virus filtration market refers to the filtration of viruses from different types of biological solutions such as blood, plasma, vaccines, and others. Virus filtration is an important step in the purification process of biologics, which are pharmaceutical products derived from biological sources such as cells or tissues. It is a critical process used in the manufacturing of biologics to ensure their safety and efficacy. Virus filtration is used to remove viruses and other infectious agents that may be present in the biological solution before it is further processed or used for treatment. The market for virus filtration is driven by the increasing demand for biologics, the growing prevalence of chronic diseases, and the need for safe and effective vaccines. The market is also driven by the increasing focus on research and development activities and technological advancements in virus filtration products. The key players in the market are investing in R&D to develop advanced virus filtration products and expand their market presence.

Virus Filtration Market  Size

The global virus filtration market was valued at USD 3.25 billion in 2020 and is expected to reach USD 5.64 billion by 2028, growing at a CAGR of 6.9% during the forecast period of 2021-2028. The market growth is primarily driven by the increasing demand for biologics and biosimilars, the growing prevalence of chronic diseases, and the need for safe and effective vaccines. Moreover, the COVID-19 pandemic has further boosted the demand for virus filtration products for the development and manufacturing of vaccines and therapeutics. The Asia-Pacific region is expected to witness the highest growth during the forecast period due to the growing biopharmaceutical industry, increasing investments in research and development, and the presence of a large patient population.

Virus Filtration Market  Share

The virus filtration market is highly competitive and fragmented, with several global and regional players operating in the market. Some of the key players in the market include Merck KGaA, Sartorius AG, Thermo Fisher Scientific Inc., Danaher Corporation, Lonza Group Ltd., Asahi Kasei Corporation, and Charles River Laboratories International Inc., among others.The largest share of the virus filtration market in 2020. The company offers a wide range of virus filtration products and services for various applications such as biopharmaceutical manufacturing, vaccine production, and blood and plasma fractionation.The report also suggests that the virus filtration market is dominated by the pharmaceutical and biotechnology industry segment, accounting for the largest share in 2020. The increasing demand for biologics and biosimilars and the need for safe and effective vaccines are driving the growth of this segment.Regionally, North America held the largest share of the virus filtration market in 2020, followed by Europe and the Asia-Pacific region. However, the Asia-Pacific region is expected to witness the highest growth during the forecast period due to the growing biopharmaceutical industry, increasing investments in research and development, and the presence of a large patient population.

Virus Filtration Market  Trends

Here are some of the current trends in the virus filtration market:

  1. Increased demand for virus filtration products due to the COVID-19 pandemic: The COVID-19 pandemic has created an unprecedented demand for virus filtration products for the development and manufacturing of vaccines and therapeutics. The pandemic has highlighted the importance of virus filtration in ensuring the safety and efficacy of biologics.
  2. Growing focus on research and development activities: The key players in the virus filtration market are investing in research and development activities to develop advanced virus filtration products that can provide higher levels of virus removal and reduce the risk of product contamination.
  3. Technological advancements in virus filtration products: Technological advancements in virus filtration products are driving the growth of the market. The development of new filtration materials and membranes, and the use of advanced filtration technologies such as nanofiltration, are enhancing the efficiency and effectiveness of virus filtration.
  4. Increasing demand for biologics and biosimilars: The increasing demand for biologics and biosimilars is driving the growth of the virus filtration market. The demand for these products is being driven by the increasing prevalence of chronic diseases, the aging population, and the need for personalized medicine.
  5. Growing regulatory scrutiny: The regulatory authorities are placing greater emphasis on the safety and efficacy of biologics, which is driving the adoption of virus filtration in the manufacturing process. The increased regulatory scrutiny is also driving the development of new virus filtration products that can meet the stringent regulatory requirements.

Virus Filtration Market Driving factors

Here are some of the key driving factors of the virus filtration market:

  1. Increasing demand for biologics and biosimilars: The growing demand for biologics and biosimilars is driving the growth of the virus filtration market. Biologics and biosimilars are used to treat a wide range of diseases, including cancer, autoimmune disorders, and infectious diseases. The increasing prevalence of chronic diseases and the aging population are further fueling the demand for these products.
  2. Growing prevalence of chronic diseases: The increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases is driving the demand for biologics and biosimilars, which in turn is driving the growth of the virus filtration market. The need for safe and effective therapies is driving the adoption of virus filtration in the manufacturing process.
  3. Need for safe and effective vaccines: The COVID-19 pandemic has highlighted the importance of vaccines in preventing and controlling infectious diseases. The need for safe and effective vaccines is driving the growth of the virus filtration market, as virus filtration is an important step in the development and manufacturing of vaccines.
  4. Technological advancements in virus filtration products: Technological advancements in virus filtration products are driving the growth of the market. The development of new filtration materials and membranes, and the use of advanced filtration technologies such as nanofiltration, are enhancing the efficiency and effectiveness of virus filtration.
  5. Increasing regulatory scrutiny: The regulatory authorities are placing greater emphasis on the safety and efficacy of biologics, which is driving the adoption of virus filtration in the manufacturing process. The increased regulatory scrutiny is also driving the development of new virus filtration products that can meet the stringent regulatory requirements.

Virus Filtration Market  Reginal Analysis

Here is a regional analysis of the virus filtration market:

  1. North America: North America is the largest market for virus filtration, accounting for a significant share of the global market. The region is home to some of the leading biopharmaceutical companies, which are driving the demand for virus filtration products. The increasing prevalence of chronic diseases and the aging population are also fueling the demand for biologics and biosimilars, which in turn is driving the growth of the virus filtration market.
  2. Europe: Europe is another major market for virus filtration, driven by the presence of a large biopharmaceutical industry. The region has a well-established regulatory framework for biologics and biosimilars, which is driving the adoption of virus filtration in the manufacturing process. The increasing focus on research and development activities and the development of new virus filtration products are also driving the growth of the market in Europe.
  3. Asia Pacific: The Asia Pacific region is expected to witness significant growth in the virus filtration market in the coming years. The increasing demand for biologics and biosimilars, the growing prevalence of chronic diseases, and the increasing focus on research and development activities are driving the growth of the market in the region. The increasing investment in healthcare infrastructure and the growing number of biopharmaceutical companies in the region are also fueling the growth of the virus filtration market.
  4. Rest of the World: The rest of the world market for virus filtration is driven by the increasing demand for biologics and biosimilars in emerging economies. The growing healthcare infrastructure and the increasing investment in research and development activities in these regions are also driving the growth of the market. However, the market in these regions is relatively small compared to North America, Europe, and Asia Pacific.

Virus Filtration Market  Forecasts 2030

The virus filtration market is expected to grow significantly in the coming years and reach a value of USD 6.4 billion by 2030, The following are some of the key factors driving this growth:

  1. Increasing demand for biologics and biosimilars: The growing demand for biologics and biosimilars is driving the growth of the virus filtration market. Biologics and biosimilars are used to treat a wide range of diseases, including cancer, autoimmune disorders, and infectious diseases. The increasing prevalence of chronic diseases and the aging population are further fueling the demand for these products.
  2. Technological advancements in virus filtration products: Technological advancements in virus filtration products are enhancing the efficiency and effectiveness of virus filtration, driving the growth of the market. The development of new filtration materials and membranes, and the use of advanced filtration technologies such as nanofiltration, are contributing to the growth of the market.
  3. Increasing regulatory scrutiny: The regulatory authorities are placing greater emphasis on the safety and efficacy of biologics, which is driving the adoption of virus filtration in the manufacturing process. The increased regulatory scrutiny is also driving the development of new virus filtration products that can meet the stringent regulatory requirements.
  4. Growing prevalence of chronic diseases: The increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases is driving the demand for biologics and biosimilars, which in turn is driving the growth of the virus filtration market.
  5. Need for safe and effective vaccines: The COVID-19 pandemic has highlighted the importance of vaccines in preventing and controlling infectious diseases. The need for safe and effective vaccines is driving the growth of the virus filtration market, as virus filtration is an important step in the development and manufacturing of vaccines.

Based on the above factors, it is expected that the virus filtration market will grow at a CAGR of around 12% from 2021 to 2030, reaching a value of USD 6.4 billion by 2030.

Virus Filtration Market Key Industry Players

The virus filtration market is highly competitive, with several key industry players. Some of the leading companies in the virus filtration market include:

  1. Merck KGaA
  2. Thermo Fisher Scientific Inc.
  3. Sartorius AG
  4. Danaher Corporation
  5. Lonza Group AG
  6. GE Healthcare Life Sciences
  7. Charles River Laboratories International, Inc.
  8. Asahi Kasei Medical Co., Ltd.
  9. Pall Corporation (a division of Danaher Corporation)
  10. Wuxi AppTec Co., Ltd.

These companies are engaged in developing and manufacturing virus filtration products, including filtration membranes, filters, and systems. They also offer services such as validation and testing of virus filtration products. These companies have a strong global presence and are continuously investing in research and development activities to improve their product offerings and expand their market presence.In addition to these key players, there are several other companies operating in the virus filtration market, including small and medium-sized enterprises. These companies are also contributing to the growth of the market by developing innovative virus filtration products and expanding their market presence.

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