Lucintel Forecasts Virus Filtration Market To Grow At A Cagr Of 11%-13%

By Author: Lucintel LLC
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According to the recent study the virus filtration market is projected to grow at a CAGR of 11%-13% from 2020 to 2025. Growth in this market is primarily driven by rising prevalence of chronic diseases, such as cancer and diabetes, increasing research and development expenditure, and rising government support for the pharmaceutical and biotechnology industry.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in virus filtration market by product (kits & reagents, filtration systems, services, and other products), application (biological (vaccine & therapeutics, blood and blood products, cellular and gene therapy products, tissue and tissue products, and stem cell products), medical devices, air purification, and water purification), end user (pharmaceutical & biotechnology companies, contract research organizations, academic research institutes, and medical device companies), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Kits & reagents market is expected to remain the largest segment during the forecast period.”
Based on product, the virus filtration market is segmented into kits & reagents, filtration systems, services, and other products. Lucintel forecasts that the kits & reagents market is expected to remain the largest segment during the forecast period due to increasing focus on development of vaccines, protein therapeutics, and blood products.
“Within the virus filtration market, the pharmaceutical & biotechnology companies segment is expected to remain the largest end user.”
Based on end user, the pharmaceutical & biotechnology companies segment is expected to witness the largest segment over the forecast period due to rising research and development activities and increasing production of biologics.
“North America will dominate the virus filtration market in near future.”
North America is expected to be the largest region over the forecast period over the forecast period due to increasing prevalence of chronic diseases, rising research and development activities in biopharmaceutical industries, and growing demand for biologics in the region.
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Major players of virus filtration market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Merck, General Electric, Thermo Fisher Scientific, Lonza, Pall, Charles River Laboratories, Sigma-Aldrich, Sartorius, Asahi Kasei Medical, and WuXi PharmaTech are among the major virus filtration providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/virus-filtration-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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