(PharmaNewsWire.Com, January 27, 2017 ) According to Publisher, the Global Virus Filtration market is estimated at $1.96 billion in 2015 and is expected to reach $4.81 billion by 2022 growing at a CAGR of 13.7% from 2015 to 2022. Rising Government Support for Pharmaceutical & Biotechnology Industries and huge research and development spending are the key factors propelling market growth. Strict regulatory policy for validation of filtration product is hampering the market. On the other hand, huge flow of funds towards developing nations provides ample of opportunities for the market to grow. North America accounted for largest share in the virus filtration market owing to growth of biotechnology industry in recent years. Asia Pacific is expected to grow at highest CAGR attributed to increase in government spending in developing nations of the region.
Some of the key players in the market include Sigma-Aldrich Corporation, Lonza Group Ltd., Merck Kgaa, Wuxi Pharmatech (Cayman) Inc., General Electric Company, Charles River Laboratories International, Inc., Thermo Fisher Scientific, Inc., Asahi Kasei Medical Co., Ltd., Pall Corporation and Sartorius AG.
Applications Covered: - Air Purification - Medical Devices - Biologicals o Stem Cell Products o Cellular and Gene Therapy Products o Vaccines and Therapeutics o Tissue and Tissue Products o Blood and Blood Products - Water Purification
Products Covered: - Services - Kits and Reagents - Filtration Systems - Other Products
End Users Covered: - Medical Device Companies - Pharmaceutical & Biotechnology Companies - Academic Research Institutes - Contract Research Organizations
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
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