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Global Virus Filtration Market Worth USD 3.42 Billion by 2020 - Analysis, Technologies & Forecasts Report 2014-2020 - Key Vendors: Asahi Kasei Medical, Merck, Satorius - Research and Markets

[September 29, 2016]

Global Virus Filtration Market Worth USD 3.42 Billion by 2020 - Analysis, Technologies & Forecasts Report 2014-2020 - Key Vendors: Asahi Kasei Medical, Merck, Satorius - Research and Markets

Research and Markets has announced the addition of the "Global Virus Filtration Market- By Product, Application, End user, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2014-2020)" report to their offering.

The global virus filtration market is projected to reach USD 3.42 Billion by 2020 from USD 1.97 Billion in 2015, at a CAGR of 11.7% between 2015 and 2020.

North America leads the global virus filtration market in 2015. However, Asia is projected to register the fastest growth during the forecast period.

The growth of Virus Filtration market is mainly driven by the rise in R&D expenditure, growth of government support for pharmaceutical and biotechnology industry and increasing of biopharmaceutical industry. In addition, increasing accumulation of single-use technologies is the current trend observed in this market.

Stringent government regulations for validationof filtration products and highly consolidated market are the major factors restraining the growth of this market.

Merck KGaA announced the successful completion of its acquisition of Millipore Corporation, a leading Life Science company based in Billerica, Massachusetts, USA, for an aggregate purchase price including debt and cash of approximately EUR 5.3 billion (US$ 7.0 billion).

Companies Mentioned: