Virus Filtration Market 2030: Asia Pacific's Rapid Growth in Healthcare Solutions
The global virus filtration market was valued at approximately USD 4.26 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 10.1% from 2023 to 2030. This growth is largely driven by the increasing incidence of chronic diseases such as cancer, diabetes, and autoimmune disorders, which are expected to boost the demand for biologics and related therapies. According to the World Health Organization (WHO), approximately 422 million people worldwide are currently affected by diabetes. The prevalence of diabetes is notably higher in low- and middle-income countries compared to high-income nations. Diabetes is associated with several severe complications, including lower limb amputations, kidney disease, cardiac arrest, stroke, and blindness. Between 2000 and 2019, mortality rates from diabetes rose by 3% across all age groups, and in 2019 alone, an estimated 2 million people died from diabetes-related kidney disease, according to the WHO. Additionally, the C...