Virus Filtration Market Growth & Trends:
The global virus filtration market size is expected to reach USD 9.5 billion by 2030, according to a new report by Grand View Research, Inc.. It is anticipated to register a CAGR of 10.1% from 2023 to 2030. Increasing demand for biological products such as vaccines, therapeutic proteins, blood and blood products, cellular and gene therapy, tissue, and stem cell products is a major factor driving the growth. Biopharmaceuticals are mainly derived from human, animal, and plants and therefore require a scrutinized virus filtration procedure to avoid virus contamination in the production. Therefore, the necessity of this procedure during the production of biologics is expected to boost the market growth.
Many leading biopharmaceuticals and biotechnology manufacturers are involved in R&D to develop innovative biological products. For instance, in 2016, Pfizer Inc. invested USD 7,872.0 million in R&D, which was around 8% more than the R&D investment in 2015. This investment was mainly made to boost innovation and productivity in R&D to accomplish a sustainable pipeline of vaccines and differentiated therapies with lucrative commercial opportunities. Virus filtration is an important step in biologics development, thus, increasing R&D on biologics is expected to drive the product demand.
Virus Filtration Market Report Highlights:
- The consumables segment dominated the market with the largest revenue share in 2022 owing to the rising demand for these products for virus filtration.
- Chromatography technology segment is expected to grow at the fastest CAGR during the forecast period, owing to product advancements and increasing R&D and production of biologics.
- Biologicals segment held the largest revenue share of 56.6% in 2022 and is expected to grow at the fastest CAGR of 10.9% over the forecast period due to rising prevalence of chronic diseases such as cancer, blood disorders, and diabetes
- The biotechnology and biopharmaceutical companies segment is projected to expand at the fastest CAGR over the forecast period owing to increasing investment in R&D and production of biologics
- North America led the virus filtration market with the largest revenue share of 41.2% in 2022. Primarily due to the presence of several leading biotechnology companies and increased R&D activities
- Asia Pacific is estimated to grow at the fastest CAGR of 12.0% over the forecast period from 2023 to 2030 due to the growing number of road accidents and trauma cases.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Product
- 1.1.2. Technology
- 1.1.3. Application
- 1.1.4. End-use
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. Technology outlook
- 2.2.3. Application outlook
- 2.2.4. End-use outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Virus Filtration Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. Virus Filtration Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. Virus Filtration: Product Estimates & Trend Analysis
- 4.1. Virus Filtration Market: Key Takeaways
- 4.2. Virus Filtration Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Consumables
- 4.3.1. Consumables market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.2. Kits and reagents
- 4.3.2.1. Kits and reagents market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.3.3. Others
- 4.3.3.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4. Instruments
- 4.4.1. Instruments market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.2. Filtration systems
- 4.4.2.1. Filtration systems market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.4.3. Chromatography systems
- 4.4.3.1. Chromatography systems market estimates and forecasts, 2018 to 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Virus Filtration: Technology Estimates & Trend Analysis
- 5.1. Virus Filtration Market: Key Takeaways
- 5.2. Virus Filtration Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Filtration
- 5.3.1. Filtration market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.2. Consumables
- 5.3.2.1. Consumables market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.3. Instruments
- 5.3.3.1. Instruments market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.3.4. Services
- 5.3.4.1. Services market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Chromatography
- 5.4.1. Chromatography market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.2. Consumables
- 5.4.2.1. Consumables market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.3. Instruments
- 5.4.3.1. Instruments market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4.4. Services
- 5.4.4.1. Services market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Virus Filtration: Application Estimates & Trend Analysis
- 6.1. Virus Filtration Market: Key Takeaways
- 6.2. Virus Filtration Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Biologicals
- 6.3.1. Biologicals market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.3.2. Vaccines and therapeutics
- 6.3.2.1. Vaccines and therapeutics market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.3.3. Blood and blood products
- 6.3.3.1. Blood and blood products market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.3.4. Cellular and gene therapy products
- 6.3.4.1. Cellular and gene therapy products market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.3.5. Tissue and tissue products
- 6.3.5.1. Tissue and tissue products market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.3.6. Stem cell products
- 6.3.6.1. Stem cell products market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Medical Devices
- 6.4.1. Medical devices market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Water Purification
- 6.5.1. Water purification market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. Air Purification
- 6.6.1. Air purification market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Virus Filtration: End-use Estimates & Trend Analysis
- 7.1. Virus Filtration Market: Key Takeaways
- 7.2. Virus Filtration Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Biopharmaceutical and Biotechnology Companies
- 7.3.1. Biopharmaceutical and biotechnology companies market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4. Contact Research Organizations
- 7.4.1. Contact research organizations market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.5. Medical device companies
- 7.5.1. Medical device companies market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.6. Academic Institutes and Research Laboratories
- 7.6.1. Academic institutes and research laboratories market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Virus Filtration Market: Regional Estimates & Trend Analysis
- 8.1. Regional Outlook
- 8.2. Virus Filtration Market by Region: Key Takeaways
- 8.3. North America
- 8.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.3.2. U.S.
- 8.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.3.3. Canada
- 8.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4. Europe
- 8.4.1. UK
- 8.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.2. Germany
- 8.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.3. France
- 8.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.4. Italy
- 8.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.5. Spain
- 8.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.6. Sweden
- 8.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.7. Norway
- 8.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.4.8. Denmark
- 8.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5. Asia Pacific
- 8.5.1. Japan
- 8.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.2. China
- 8.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.3. India
- 8.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.4. Australia
- 8.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.5. Thailand
- 8.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.5.6. South Korea
- 8.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6. Latin America
- 8.6.1. Brazil
- 8.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6.2. Mexico
- 8.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.6.3. Argentina
- 8.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7. MEA
- 8.7.1. South Africa
- 8.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.2. Saudi Arabia
- 8.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.3. UAE
- 8.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 8.7.4. Kuwait
- 8.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Market Participant Categorization
- 9.2.1. Merck KGaA
- 9.2.1.1. Company overview
- 9.2.1.2. Financial performance
- 9.2.1.3. Product benchmarking
- 9.2.1.4. Strategic initiatives
- 9.2.2. Danaher
- 9.2.2.1. Company overview
- 9.2.2.2. Financial performance
- 9.2.2.3. Product benchmarking
- 9.2.2.4. Strategic initiatives
- 9.2.3. Sartorius AG
- 9.2.3.1. Company overview
- 9.2.3.2. Financial performance
- 9.2.3.3. Product benchmarking
- 9.2.3.4. Strategic initiatives
- 9.2.4. Thermo Fisher Scientific Inc.
- 9.2.4.1. Company overview
- 9.2.4.2. Financial performance
- 9.2.4.3. Product benchmarking
- 9.2.4.4. Strategic initiatives
- 9.2.5. GE Healthcare
- 9.2.5.1. Company overview
- 9.2.5.2. Financial performance
- 9.2.5.3. Product benchmarking
- 9.2.5.4. Strategic initiatives
- 9.2.6. Charles River Laboratories
- 9.2.6.1. Company overview
- 9.2.6.2. Financial performance
- 9.2.6.3. Product benchmarking
- 9.2.6.4. Strategic initiatives
- 9.2.7. Asahi Kasei Medical Co., Ltd.
- 9.2.7.1. Company overview
- 9.2.7.2. Financial performance
- 9.2.7.3. Product benchmarking
- 9.2.7.4. Strategic initiatives
- 9.2.8. WuXi AppTec
- 9.2.8.1. Company overview
- 9.2.8.2. Financial performance
- 9.2.8.3. Product benchmarking
- 9.2.8.4. Strategic initiatives
- 9.2.9. Lonza
- 9.2.9.1. Company overview
- 9.2.9.2. Financial performance
- 9.2.9.3. Product benchmarking
- 9.2.9.4. Strategic initiatives
- 9.2.10. Clean Biologics
- 9.2.10.1. Company overview
- 9.2.10.2. Financial performance
- 9.2.10.3. Product benchmarking
- 9.2.10.4. Strategic initiatives