The global market for Virus Filtration Products is estimated at US$5.0 Billion in 2023 and is projected to reach US$11.2 Billion by 2030, growing at a CAGR of 12.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the virus filtration market is driven by several factors, including the rapid expansion of the biopharmaceutical industry and the increasing stringency of regulatory requirements for product safety. The development of new biologics and the continuous need for virus safety in pharmaceutical manufacturing fuel the demand for advanced virus filtration technologies. Consumer behavior, particularly the heightened awareness regarding health and safety due to recent global health crises, has also significantly contributed to this growth.
Moreover, technological advancements that have led to the production of more efficient, reliable, and cost-effective filtration products are expected to continue propelling market expansion. Lastly, the global increase in focus on water quality and the need for safe drinking water supplies around the world further amplify the need for effective virus filtration solutions, making it a vital component in both healthcare and environmental safety frameworks.
The growth in the virus filtration market is driven by several factors, including the rapid expansion of the biopharmaceutical industry and the increasing stringency of regulatory requirements for product safety. The development of new biologics and the continuous need for virus safety in pharmaceutical manufacturing fuel the demand for advanced virus filtration technologies. Consumer behavior, particularly the heightened awareness regarding health and safety due to recent global health crises, has also significantly contributed to this growth.
Moreover, technological advancements that have led to the production of more efficient, reliable, and cost-effective filtration products are expected to continue propelling market expansion. Lastly, the global increase in focus on water quality and the need for safe drinking water supplies around the world further amplify the need for effective virus filtration solutions, making it a vital component in both healthcare and environmental safety frameworks.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Virus Filtration Kits & Reagents segment, which is expected to reach US$7.8 Billion by 2030 with a CAGR of a 13.6%. The Virus Filtration Systems segment is also set to grow at 10.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 14.8% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Virus Filtration Products Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Virus Filtration Products Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Virus Filtration Products Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Merck KGaA, GE HealthCare PLC, bioMerieux SA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 41 Featured):
- Merck KGaA
- GE HealthCare PLC
- bioMerieux SA
- MilliporeSigma
- Charles River Laboratories International, Inc.
- Eppendorf AG
- Asahi Kasei Medical Co., Ltd.
- Freudenberg Filtration Technologies SE & Co. KG
- Argonide Corporation
- BIA Separations d.o.o.
- Meissner Filtration Products
- Himedia Laboratories
- HUM Gesellschaft fur Homecare und Medizintechnik mbH
- Lumed Srl
- Nelson Laboratories, LLC
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Merck KGaA
- GE HealthCare PLC
- bioMerieux SA
- MilliporeSigma
- Charles River Laboratories International, Inc.
- Eppendorf AG
- Asahi Kasei Medical Co., Ltd.
- Freudenberg Filtration Technologies SE & Co. KG
- Argonide Corporation
- BIA Separations d.o.o.
- Meissner Filtration Products
- Himedia Laboratories
- HUM Gesellschaft fur Homecare und Medizintechnik mbH
- Lumed Srl
- Nelson Laboratories, LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 475 |
Published | September 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 5 Billion |
Forecasted Market Value ( USD | $ 11.2 Billion |
Compound Annual Growth Rate | 12.4% |
Regions Covered | Global |