Wiseguyreports.Com Adds "Virus Filtration -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023" To Its Research Database
Virus Filtration Market is accounted for $2.22 billion in 2016 and expected to grow at a CAGR of 13.7% to reach $5.46 billion by 2023. Factors like stipulation for biological products, increasing investment in R&D, prevalence of chronic diseases, presence of a large genome pool are boosting the market growth. However, intense competition among vendors and stringent regulations for validation of filtration products are restraining the market growth. Increasing pharmaceutical outsourcing and adoption of single-use technologies will provide ample growth opportunity.
Based on technology, advances in filtration technology are having the biggest impact on viral clearance. The newer generation virus filters have higher fluxes, larger product capacities, and increased virus removal capabilities, with some also offering steam-in-place (SIP) capabilities, which enable their use in closed processes. Filter sterilization of production media using nanofilters is one possible measure taken by companies. FDA and the European Medicines Agency have adopted guidelines for viral safety in relation to biologics.
Based on Application, Biologic products are at risk from chemical impurities, bacteria and fungi, and from viruses. Biopharmaceuticals manufacturers are required to create products that are safe for use in humans. This approach is required for therapies, such as monoclonal antibodies, blood products, recombinant products, tissue-derived materials and some medical devices, where risk assessments identify a gap in the viral safety. The prevalence of diabetes and new cancer cases leads to development of therapeutics, thus introducing new viral clearance products.
North America dominated the market during the forecast period. As many established biotechnology and biopharmaceutical industry has spiked the demand for viral filtration products in this region. However, Asia Pacific is projected to grow at highest CAGR during the forecast period due to presence of untapped growth opportunities in the China, India, and Indonesia.
Some of the key players in Global Virus Filtration market are
Charles River Laboratories International, Inc., Sigma-Aldrich Corporation, WuXiPharmaTech (Cayman) Inc., Sartorius AG, Pall Corporation, Lonza Group Ltd., Merck KGaA, Asahi Kasei Medical Co., Ltd., Danaher, GE Healthcare Life Sciences, Thermo Fisher Scientific Inc. and Pall Corporation.
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Technologies Covered: • Chromatography• Filtration
Products Covered: • Instruments• Services• Consumables
End Users Covered: • Academic Institutes & Research Laboratories• Medical Devices Companies• Biopharmaceutical & Biotechnology Companies• Contract Research Organizations
Applications Covered: • Air Purification• Water Purification• Biologicals• Medical Devices
Regions Covered: • North Americao USo Canadao Mexico• Europeo Germanyo UKo Italyo Franceo Spaino Rest of Europe• Asia Pacifico Japano Chinao Indiao Australiao New Zealando South Koreao Rest of Asia Pacific• South Americao Argentinao Brazilo Chileo Rest of South America• Middle East & Africao Saudi Arabiao UAEo Qataro South Africao Rest of Middle East & Africa
What our report offers: - Market share assessments for the regional and country level segments- Market share analysis of the top industry players- Strategic recommendations for the new entrants- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)- Strategic recommendations in key business segments based on the market estimations- Competitive landscaping mapping the key common trends- Company profiling with detailed strategies, financials, and recent developments- Supply chain trends mapping the latest technological advancements
Table of Content
1 Executive Summary
2 Preface2.1 Abstract2.2 Stake Holders2.3 Research Scope2.4 Research Methodology2.4.1 Data Mining2.4.2 Data Analysis2.4.3 Data Validation2.4.4 Research Approach2.5 Research Sources2.5.1 Primary Research Sources2.5.2 Secondary Research Sources2.5.3 Assumptions
3 Market Trend Analysis3.1 Introduction3.2 Drivers3.3 Restraints3.4 Opportunities3.5 Threats3.6 Product Analysis3.7 Application Analysis3.8 End User Analysis3.9 Technology Analysis3.10 Emerging Markets3.11 Futuristic Market Scenario
10 Key Player Activities10.1 Acquisitions & Mergers10.2 Agreements, Partnerships, Collaborations and Joint Ventures10.3 Product Launch & Expansions10.4 Other Activities
11 Leading Companies11.1 Charles River Laboratories International, Inc.11.2 Sigma-Aldrich Corporation11.3 WuXiPharmaTech (Cayman) Inc.11.4 Sartorius AG, Pall Corporation11.5 Lonza Group Ltd.11.6 Merck KGaA11.7 Asahi Kasei Medical Co., Ltd.11.8 Danaher11.9 GE Healthcare Life Sciences11.10 Thermo Fisher Scientific Inc.11.11 Pall Corporation
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