Virus Filtration Market
Virus Filtration Market
Global Virus Filtration Market- Trends, Demand, Growth, Value & Analysis Report by Zion Market Research
The global virus filtration market reached USD 3.59 billion in 2021 and is projected to grow with a compound annual growth rate of approximately 11.9 percent to reach about USD 7.24 billion by 2028. ”
— Prakash Torase
SUITE N202, NEW YORK, UNITED STATES, January 16, 2023 /EINPresswire.com/ — The global virus filtration market reached USD 3.59 billion in 2021 and is projected to grow with a compound annual growth rate of approximately 11.9 percent to reach about USD 7.24 billion by 2028. The report analyzes the virus filtration market’s drivers, restraints, challenges, and the effect they have on the demands during the projection period. In addition, the report offers significant opportunities that could boost the global virus filtration market,s over the forecast period
Virus filtration is the process of retaining virus particles with the help of a filtering membrane. Specially designed membrane particles are used for retaining the virus particles either on the surface or in the pores. The membranes are designed based on the size of the particles which are to be filtered. The global virus filtration market has the highest revenue share registered by the biopharmaceutical industry. Since animals, plants, and synthetic products are the main raw materials used for the manufacturing of biopharmaceutical products, these products are prone to easy contamination and virus filtration technology is used for their purification. The global market has a presence in the air and water purification processes as well.
Request Free Sample @ https://www.zionmarketresearch.com/sample/virus-filtration-market
The global virus filtration market is projected to register a high CAGR during the forecast period because of the increase in the manufacturing of biopharmaceutical products that are used as vaccines, antigens, enzymes, gene therapies, monoclonal antibodies, etc. & are of absolute importance for the healthcare industry. Growing R&D by key market players and governments for improvement in biopharmaceutical products along with rising investment in the global healthcare sector is anticipated to contribute to the global market growth.
The biological products dealing with the virus are susceptible to environmental hazards, health, and large business losses if not handled correctly. Hence stringent regulations are in place to monitor and inspect the production process of these products. This is anticipated to restrict the global market growth. The global market is expected to explore newer opportunities with the advent of nanofiber technology. However, issues with continuous filtration are anticipated to pose a major challenge in the global market growth.
Global Virus Filtration Market
The global virus filtration market is categorized into product, application, end end-user, and region. By product, the market is further bifurcated into kits & reagents, virus filtration systems, and services. The applications of virus filtration are categorized into water purification, medical devices, biologicals, and air purification. The end-user segment of the market is divided into research institutes, contract research organizations, medical devices companies, and pharmaceutical & biotechnology firms.
North America is anticipated to generate the highest revenue in the global virus filtration market share during the forecast period owing to the presence of large-scale biopharmaceutical manufacturers in the region. The government initiatives to invest heavily in research facilities working on the development of biologic medical products are anticipated to assist the region in registering a high CAGR.
Asia Pacific is expected to boost the regional market growth with significant revenue owing to robust R&D initiatives by private drug manufacturers as well as increased government funding for the advancement of the healthcare sector.
Europe & the Middle are anticipated to register steady market growth followed by Latin America & Africa.
Key players functioning in the global virus filtration market include General Electric Company, Sartorius AG, Thermo Fischer Scientific Inc., Danaher Corporation, Clean Cell Inc., Charles River Laboratories International Inc., Wuxi Biologics, Lonza Group Ltd., and Asahi Kasei Medical Co. Ltd. among others.
Recent Developments
August 2021, Honeywell unveiled its coronavirus “drop-in” filter. The following would be in the form of a coating capable of eradicating 97 percent of the Sars-Cov-19 virus. Furthermore, the product introduction is targeted at schools and government offices that already have heating and cooling systems in place and don’t want to spend a lot of money on denser filtration.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/virus-filtration-market
Global virus filtration market is segmented as follows:
By Product
Virus Filtration Systems
Kits & Reagents
Services
Others
By Application
Medical Devices
Water Purification
Air Purification
Biologicals
By End-User
Pharmaceuticals & Biotechnology Companies
Medical Devices Companies
Research Institutes
Contract Research Organizations
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Related Press Release @ https://www.zionmarketresearch.com/news/global-virus-filtration-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Read our other Trending Report :
Industrial Magnetrons Market-https://www.zionmarketresearch.com/report/industrial-magnetrons-market
Automobile Electronics Market-https://www.zionmarketresearch.com/report/automobile-electronics-market-global-industry-perspective-comprehensive-analysis
Electronic Medical Record Market-https://www.zionmarketresearch.com/report/global-electronic-medical-record-market
Semiconductor Laser Market-https://www.zionmarketresearch.com/report/semiconductor-lasers-market
Infrared Sensors Market-https://www.zionmarketresearch.com/report/infrared-sensors-market
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: [email protected]
Website: https://www.zionmarketresearch.com
Prakash Torase
zion market research
+ + +1 855-465-4651
[email protected]
You just read:
News Provided By
January 16, 2023, 09:48 GMT
EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.