North America Virus Filtration Market Size & Outlook
North America virus filtration market, 2018-2030 (US$M)
North America virus filtration market highlights
- The North America virus filtration market generated a revenue of USD 1,966.1 million in 2023.
- The market is expected to grow at a CAGR of 9.2% 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.
North America data book summary
| Market revenue in 2023 | USD 1,966.1 million |
| Market revenue in 2030 | USD 3,643.4 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Air purification |
| Fastest growing segment | Air purification |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air purification |
| Key market players worldwide | Merck 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, North America region accounted for 40.9% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North 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 North America virus filtration market based on air purification covering the revenue growth of each sub-segment from 2018 to 2030.
The key countries included in North America are the U.S. and Canada. This region is currently dominating the global virus filtration market in terms of revenue share. Local presence of large number of biotechnology & biopharmaceutical companies as well as research institutes and presence of developed economies are some of the major factors propelling the North American virus filtration market.
The virus filtration product manufacturers are majorly focusing on development of advanced products and geographical expansion to cater the needs of researchers and biotechnology companies & biopharmaceutical manufacturers.
The U.S. dominated the North American virus filtration market with 82.2% in terms of revenue share in 2016. The well-established biotechnology and biopharmaceutical industries in the U.S. can be attributed to the high demand for advanced viral clearance products for R&D and biologics production in this region.
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Our clientele includes a mix of virus filtration market companies, investment firms, advisory firms & academic institutions.
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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 North America virus filtration market, including forecasts for subscribers. This continent databook contains high-level insights into North America virus filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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