Latin America Virus Filtration Market Size & Outlook

The virus filtration market in Latin America is expected to reach a projected revenue of US$ 426.8 million by 2030. A compound annual growth rate of 10.5% is expected of Latin America virus filtration market from 2024 to 2030.
Revenue, 2023 (US$M)
$211.5
Forecast, 2030 (US$M)
$426.8
CAGR, 2024 - 2030
10.6%
Report Coverage
Latin America

Latin America virus filtration market, 2018-2030 (US$M)

Latin

Latin America virus filtration market highlights

  • The Latin America virus filtration market generated a revenue of USD 211.5 million in 2023.
  • The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
  • In terms of segment, air purification was the largest revenue generating application in 2023.
  • Air purification is the most lucrative application segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 211.5 million
Market revenue in 2030USD 426.8 million
Growth rate10.5% (CAGR from 2023 to 2030)
Largest segmentAir purification
Fastest growing segmentAir purification
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAir purification
Key market players worldwideMerck KGaA, Danaher Corp, Sartorius AG, Thermo Fisher Scientific Inc, GE HealthCare Technologies Inc Common Stock, Charles River Laboratories International Inc, Asahi Kasei Corp, Wuxi AppTec Co Ltd, Lonza Group Ltd


Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.4% of the global virus filtration market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,537.8 million by 2030.

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Virus Filtration Market Scope

Virus filtration market segmentation & scope
Biologicals
Medical devices
Water purification
Air purification
Countries
U.S.
Canada
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Thailand
Mexico
Brazil
South Africa
Saudi Arabia
UK
Argentina
Kuwait
UAE

Virus Filtration Market Companies

Name Profile # Employees HQ Website

Latin America virus filtration market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to virus filtration market will help companies and investors design strategic landscapes.


Air purification was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America virus filtration market based on air purification covering the revenue growth of each sub-segment from 2018 to 2030.


Latin American market consists of key countries such as Brazil and Mexico. Rapidly developing economies and healthcare infrastructure in this region is the major factor expected to propel the overall Latin American virus filtration market during the forecast period.

The Latin American virus filtration market is expected to exhibit 12.9% growth during the forecast period. The Brazil virus filtration market is projected to grow at a lucrative rate during the forecast period, owing to increasing life sciences-related research activities.

For instance, in May 2013, São Paulo Research Foundation announced a long-term investment of USD 680 million for 17 academic centers known as Research, Innovation and Dissemination Centers (RIDCs). This investment was intended for various fields of research, including neurotechnology, stem cell, biomedicine, and molecular physics.

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Target buyers of Latin America virus filtration market databook

  • Our clientele includes a mix of virus filtration market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America virus filtration market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America virus filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America virus filtration market

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