Tuesday, February 25, 2020

Virus Filtration Market to Witness Huge Growth from 2019-2030 and Focusing on Top Key Players - Asahi Kasei, Merck KGaA, Sartorius

The threat of contamination of biological products, namely vaccines, bio therapeutics and biologics is a major source of concern for laboratories, pharmaceutical companies and other research & educational establishments. Such contaminations may arise as a result of chemical impurities, fungi, bacteria and viruses. The occurrence of viral contamination affects the raw materials, cell culture, bioreactors and several downstream processes. Therefore, practicing virus safety and virus filtration studies is extremely pivotal in the process of manufacturing as well as research studies.

Market Industry Reports (MIR) has published a new report titled "Virus Filtration Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global virus filtration market is estimated to be over US$ 1,200 Mn in 2017. It is anticipated to grow at a CAGR of 12.1% from 2019 to 2030. The continual increasing adoption of biopharmaceuticals, namely biologics and other biotherapeutics has presented a bright prospect for the growth of virus filtration market. Increasing funding for R&D has further led to wide scale adoption of these filtration products for clearance of virus.

Major Key Players of the Virus Filtration Market are:
Asahi Kasei, Merck KGaA, Sartorius AG, Thermo Fisher Scientific, General Electric, Charles River, PendoTECH, Danaher, Lonza and Medical Respiratory Devices among others

Read More @ http://www.sbwire.com/press-releases/virus-filtration-market-to-witness-huge-growth-from-2019-2030-and-focusing-on-top-key-players-asahi-kasei-merck-kgaa-sartorius-1279033.htm


Increasing preference for biopharmaceuticals and other forms of biotherapeutics have been crucial in governing the extensive growth of the biotechnology and pharmaceutical industries. In India, the biopharmaceutical sector accounted for the highest share, approximately around 64% of the entire biotechnology industry. Similarly, in the year 2016, the Indian biotechnology industry witnessed a staggering YoY growth of 57.14%. Growing preference for biopharmaceuticals owing to benefits has been pivotal in complementing the growth of these industries. Growth of these industries is anticipated to substantially contribute to the growth of virus filtration market, as these products are extensively used in these industries to obtain contamination free products and laboratories.

Major Types of Virus Filtration Market covered are:
Kits & Reagents
Virus Filters & Filtration Systems and Services

Major Applications of Virus Filtration Market covered are:
Biological (Blood & Blood Products, Vaccines & Therapeutics, and Stem Cell Products)
Water Purification
Medical Devices, and Air Purification

Read More @ http://www.sbwire.com/press-releases/virus-filtration-market-to-witness-huge-growth-from-2019-2030-and-focusing-on-top-key-players-asahi-kasei-merck-kgaa-sartorius-1279033.htm

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