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Virus Filtration System Manufacturers to Capitalize on Burgeoning Demand for Air Purifiers in Veterinary Hospitals and Animal Kennels
Fact.MR in its latest global virus filtration market report presents in-depth analysis for the upcoming decade. It also offers a 360-degree view of growth factors and trends impacting the sales in the market. Further, the report also dives deep into strategies adopted by incumbents, new entrants, and established players across the globe.
NEW YORK , Sept. 14, 2022 /PRNewswire/ -- The global virus filtration market is set to reach US$ 6.5 Billion by 2026, growing at a CAGR of 13% between 2022 and 2026. Growing emphasis on maintaining optimal air quality is likely to drive sales of virus filtration systems during the assessment period. Further, increasing prevalence of chronic ailments such as cancer and diabetes is likely to necessitate the use of virus filtration systems.
As per the World Health Organization (WHO), one in every six deaths worldwide is caused due to cancer. WHO further states that the number of people suffering from diabetes increased to 422 million in 2014 from 108 million in 1980. There was a 5% surge in premature mortality occurring due to diabetes from 2000 and 2016.
These chronic illnesses don't come alone but bring along various other ailments such as kidney failure, eye-ailments, and heart attacks. As focus on preventive healthcare increases, demand for devices that improve air quality is also expected to surge during the forecast period.
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Further, demand for biopharmaceutical products is another crucial factor driving growth in the global virus filtration market. These products can treat diseases and ailments and not merely their symptoms, which has been crucial in the continual adoption of these products. Moreover, growing adoption of single-use technologies, coupled with rapid technological advancement is anticipated to drive sales during the forecast period.
Besides, high demand for air purifiers in healthcare facilities like hospitals, clinics, veterinary hospitals, boarding kennels, and animal kennels to maintain indoor air quality for both staff and patients is likely to aid growth. These purifiers are capable of eliminating odors, airborne pathogens, and allergens from the air.
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Virus filtration manufacturers are adopting various strategies to consolidate their positions in the global market. These include new product launches, mergers & acquisitions, joint ventures, and geographical expansions. Some of the other key players are joining hands with local companies to co-develop innovative solutions for attracting a large consumer base.
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More Valuable Insights on Virus Filtration Market
In its latest study, Fact.MR offers a detailed analysis of the global virus filtration market for the forecast period of 2022 to 2026. This study also divulges key drivers and trends promoting sales of virus filtration market through detailed segmentation as follows:
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