Acumen Research and Consulting Virus Filtration Market Size to witness a CAGR of | Page 3
manufacturers in the region. Advancement in filtration technology, increasing
acceptance of biopharmaceuticals, coupled with rise in R&D expenses by key
players supports the growth of virus filtration market in Europe.
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Asia Pacific is anticipated to be the most attractive market for virus filtration
market during the forecast period owing to the rising awareness regarding the
spread of chronic diseases such as diabetes, cancer, and malaria caused by virus
infection. In addition, the region is anticipated to be a lucrative revenue pocket
owing to the favorable government initiatives and cheap labor cost.
Pharmaceutical & Biotechnology Companies led the virus filtration market
Based on end-user, the global virus filtration market has been segmented into
pharmaceutical & biotechnology companies, medical devices companies,
research institutes and contract research organizations. The pharmaceutical &
biotechnology companies accounted for the maximum share of virus filtration
market in 2013 owing to the large number of pharmaceutical & biotechnology
globally.
Some of the key players profiled in the report include Lonza, Danaher, WuXi
PharmaTech (Cayman) Inc., Merck KGaA, General Electric, Charles River
Laboratories International, Inc., Sartorius AG, Thermo Fisher Scientific Inc.,
Sigma-Aldrich Corporation, and Asahi Kasei Medical Co., Ltd. Most of the key
players have adopted the strategy such as merger & acquisition, new product
launch, and expansion in order to have a strong foothold in the market.
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