Overview and Scope
Virus filtration is a method by which the physical removal of potential viruses is achieved from the manufacturing process streams. Virus filters provide a key line of defense against the introduction of adventitious viruses into this important class of medicines. Virus filters are distinct from other filter types in that filter manufacturers have evaluated and optimized the robustness and efficiency of their virus removal performance and have developed integrity tests correlated to virus removal.
Sizing and Forecast
The virus filtration market size has grown rapidly in recent years. It will grow from $4.88 billion in 2023 to $5.45 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to rise in biopharmaceutical production, growing incidence of viral contaminations, global expansion of biopharmaceutical companies, awareness of viral safety, focus on monoclonal antibody production, demand for single-use systems, increased biomanufacturing capacities, integration of continuous manufacturing.
The virus filtration market size is expected to see rapid growth in the next few years. It will grow to $8.71 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to growth in vaccine production, preparedness for emerging viral threats, expansion of cell and gene therapy, increasing demand for biosimilars, development of high-throughput systems, focus on point-of-use filtration, continuous improvement in product design, flexibility in bioprocessing workflows. Major trends in the forecast period include technological convergence with nanotechnology, integration of artificial intelligence (ai), sustainable filtration technologies, customized filtration solutions, disposable filtration technologies, integration of automation, increased r&d investments, technological partnerships and collaborations.
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Segmentation & Regional Insights
The virus filtration market covered in this report is segmented –
1) By Type: Kits And Reagents, Services, Filtration Systems, Other Types
2) By Application: Medical Devices, Water Purification, Air Purification, Biologicals, Vaccines And Therapeutics, Blood And Blood Products, Cellular And Gene Therapy Products, Other Applications
3) By End-User: Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Academic Research Institutes, Medical Device Companies
North America was the largest region in the virus filtration market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the virus filtration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing number of chronic diseases is a major driver propelling the growth of the virus filtration market. Chronic diseases refer to conditions that last 1 year or more and need ongoing medical attention or limit activities of daily living. Virus filtration aids in preventing infectious and chronic diseases by removing viruses effectively, supporting the growth of the market. For instance, according to the key facts published in September 2022 by the World Health Organization (WHO), a UN agency responsible for international public health, noncommunicable diseases (NCDs) result in the death of 41 million people each year, which is similar to 74% of all deaths worldwide and cardiovascular diseases result in most NCD deaths with 17.9 million people every year. Therefore, the rising frequency of cardiovascular illnesses will continue to drive the growth of the virus filtration market.
Key Industry Players
Major companies operating in the virus filtration market report are Merck & Company Inc., GE Healthcare, Thermo Fisher Scientific Inc., Lonza Group Ltd., Pall Corporation, Charles River Laboratories International Inc., Sartorius AG, Asahi Kasei Medical Co. Ltd., WuXi AppTec, Danaher Corporation, Sigma-Aldrich Corporation, Clean Cell Inc., Pendotech, Purafil Inc., Qiagen NV, Parker Hannifin Corporation, Eaton Corporation, Freudenberg Group, Entegris Inc., Meissner Filtration Products Inc., Koch Membrane Systems Inc., Graver Technologies LLC, Amazon Filters Ltd., Cobetter Filtration Equipment Co. Ltd., Sterlitech Corporation, Membrane Solutions LLC, Advantec MFS Inc., GVS Group, Porvair Filtration Group, Eaton Filtration LLC
The virus filtration market report table of contents includes:
- Executive Summary
- Virus Filtration Market Characteristics
- Virus Filtration Market Trends And Strategies
- Virus Filtration Market – Macro Economic Scenario
- Global Virus Filtration Market Size and Growth
- Virus Filtration Market Segmentation
- Virus Filtration Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Virus Filtration Market
- Virus Filtration Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Virus Filtration Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Virus Filtration Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Virus Filtration Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Merck & Company Inc. Financial Performance
Table 75: GE Healthcare Financial Performance
Table 76: Thermo Fisher Scientific Inc. Financial Performance
Table 77: Lonza Group Ltd. Financial Performance
Table 78: Pall Corporation Financial Performance
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