VIRUS FILTRATION MARKET ANALYSIS

Virus Filtration Market, By Product (Kits and Reagents, Filtration Systems, Services, and Other Products), By Application (Biologicals, Medical Devices, Water Purification, and Air Purification), By End User (Pharmaceutical and Biotechnology Companies, Contract Research Organisations (CROs), Academic Research Organisations, and Medical Device Companies), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Apr 2023
Code : CMI5638
Pages :167
Formats :
Excel and PDF
Industry : Biotechnology

Market Size and Trends

The global virus filtration market was valued at US$ 4.44 Bn in 2022 and is forecast to reach a value of US$ 12.92 Bn by 2030 at a CAGR of 14.3% between 2023 and 2030. The global virus filtration market is experiencing strong growth due to the increasing demand for biologics and rise in drug development around the world. Moreover, rise in prevalence of chronic disease and the outbreak of COVID-19 (global pandemic) is expected to boost the growth of the market. However, factors such as stringent regulations for validation of filtration products and risk associated with the filtration are expected to hamper the growth of the market.

Global Virus Filtration Market: Regional Insights

Virus Filtration Market Report Snapshots