Acumen Research and Consulting Virus Filtration Market Size to witness a CAGR of | Page 2
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Virus filtration market is majorly driven by the rise in the chronic diseases such
as cancer, malaria, and diabetes globally. In addition, the increase in virus caused
therapeutics infection also boosts the market for virus filtration. Moreover, the
rise in government initiative towards the safety of work place and manufactured
products coupled with rise in R&D expenditure by laboratories supports the
growth of virus filtration market globally. However, the market growth for virus
filtration is likely to be hampered due severe regulations regarding product
filtration. Nevertheless, the manufacturers of virus filtration have huge growth
opportunities during the forecast period owing to the rise in awareness
regarding the chronic diseases especially in emerging economies such as Asia
Pacific and Latin America.
Virus filtration market has been segmented based on product type, application,
and end-user. Virus filters & filtration systems, kits and reagents, and services
are segmentation for global virus flirtation market based on product type. Based
on application the market has been divided as biological, medical devices, water
purification and air purification. Blood & blood products, tissue & tissue
products, vaccines & therapeutics, cellular & gene therapy products, and stem
cell products are the sub-segments of biological segment. Pharmaceutical &
biotechnology companies, medical devices companies, research institutes and
contract research organizations are the various end-users of global virus
filtration market.
Asia Pacific to be the most attractive market for virus filtration during the
forecast period
The report focuses on the regional markets including North America, Europe,
Asia-Pacific, and Rest of the World. Among these markets, North America was the
largest market for virus filtration in 2013 mainly due to the presence of key
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