Dublin, April 17, 2023 (GLOBE NEWSWIRE) -- The "Global Pharmaceutical Filtration Market by Product (Membrane, Depth Filter), System (Single Use, Reusable), Technique (Microfiltration, Nanofiltration), Application (API, Vaccine, Antibody), Scale of Operation (Manufacturing, Pilot, R&D) & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global pharmaceutical filtration market is expected to grow at a CAGR of 14.2%
The market is estimated to be around USD 13.5 billion in 2023 and is projected to reach USD 26.2 billion by 2028.
Growth in the pharmaceutical filtration market can be attributed to factors such as emerging countries like China, India, Brazil, and Mexico offering significant growth opportunities, advancement in nanofiber technology, and increased manufacturing and R&D in the pharmaceutical & biotechnology industries.
On the other hand, membrane fouling and the growing capital investment required to set up new production facilities are expected to hinder market growth.
In 2022 the systems segment accounted for the second largest share of the pharmaceutical market
The filter market is further segmented into membrane filters, depth filters, and other filters, such as prefilters, bag filters, and magnetic filters. The systems market is further segmented into single-use systems and reusable systems. In 2022 the systems segment accounted for the second largest share of the pharmaceutical market.
The large share of this segment can primarily be attributed rising importance of separation and purification applications. Developments in research techniques and increased demand for more specificity in the filtration process are increasing the adoption of single-use technologies in many small-scale biopharmaceutical processes.
The ultrafiltration techniques accounted for the second largest market share of this market in 2022
The microfiltration techniques accounted for the second largest market share of this market in 2022, and this can be primarily attributed to the implementation of ultrafiltration for cell harvesting and enzyme purification plasma separation.
It is also used in the filtration of active pharmaceutical ingredients, media & buffers, formulations, and filling solutions. To a certain extent, UF allows the removal of viruses, phage, colloids, and macromolecules, which cannot be achieved with microfiltration and hence is acquiring large share in the market.
The sterile filtration technique accounted for the largest market share of this market in 2022
The sterile filtration technique accounted for the largest market share of this market in 2022, and this can be attributed the factors such as the fast growth of biologics, the rapid increase in the requirement of sterile filtration during the liquid processing of biopharmaceuticals, and the benefits of sterile filtration over non-sterile filtration.
Asia-Pacific: The fastest-growing region in the pharmaceutical filtration market
The Asia-Pacific is estimated to be the fastest-growing segment of the market owing to the growing incidence rate of viral diseases, the requirement to maintain a clean manufacturing environment because of strict foreign regulatory rules, the fast expansion of generics manufacturing, developments in nanofiber technologies, increasing R&D spending on biopharmaceutical projects, and the growth of the biotechnology industry in developing countries.
Research Coverage
This report provides a detailed picture of the pharmaceutical filtration market. It aims at estimating the size and future growth potential of the market across different segments such as the product, application, end-user and region. The report also includes an in-depth competitive analysis of the key market players along with their company profiles recent developments and key market strategies.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 433 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $13.5 Billion |
| Forecasted Market Value (USD) by 2028 | $26.2 Billion |
| Compound Annual Growth Rate | 14.2% |
| Regions Covered | Global |
Premium Insights
- Increasing R&D Spending in Pharmaceutical and Biotechnology Industries to Drive Market Growth
- Filters Segment to Possess Largest Share of North American Market in 2022
- Final Product Processing Applications Segment to Dominate Market in 2028
- Microfiltration Segment to Dominate Market, by Technique, in 2022
- Asia-Pacific to Register Highest Growth Rate from 2023 to 2028
Market Dynamics
Drivers
- Growing Biopharmaceutical Industry
- Rising R&D Spending in Pharmaceutical and Biotechnology Industries
- Increasing Adoption of Single-Use Technologies
- New Product Launches by Leading Market Players
- Increasing Purity Requirements in End-user Segments
Restraints
- Membrane Fouling Issues
- Requirement of High Capital Investments for New Production Facilities
Opportunities
- Growth Opportunities in Emerging Economies
- Advances in Nanofiber Technology
Challenges
- Increased Cost and Reduced Speed and Yield of Filters
- Survival of Small Players and New Entrants
Ranges/Scenarios
- Trends/Disruptions Impacting Customers' Businesses
- Pricing Analysis
- Average Selling Price of Products Offered by Key Players
- Average Selling Price Trend
Value Chain Analysis
- Supply Chain Analysis
- Ecosystem Analysis
- Patent Analysis
Case Study Analysis
- Improved Capacity and Efficiency of Carbon Removal Process from Active Pharmaceutical Ingredients
- Filter Housing Capable of Handling Both Gas and Liquid
- 3M Offers Emphaze AEX Hybrid Purifier to Reduce Impurities in Biopharmaceutical Downstream Process
- Delivery of Polypropylene Pleated Cartridges for High-Purity Pharmaceutical Products
- Use of Polypropylene High-Flow Cartridge for Final Filtration Process
Company Profiles
Key Players
- Merck KGaA
- Danaher Corporation
- Sartorius AG
- Parker Hannifin Corporation
- Eaton Corporation PLC
- Thermo Fisher Scientific, Inc.
- 3M Company
- Donaldson Company, Inc.
- Repligen Corporation
- Porvair PLC
- Alfa Laval Corporate Ab
- Corning Incorporated
- Meissner Filtration Products, Inc.
- Amazon Filters Ltd.
- Graver Technologies, LLC
Other Companies
- MMS AG
- Mann+Hummel International GmbH & Co. KG
- Ertelalsop
- Kasag Swiss AG
- Freudenberg Filtration Technologies SE & Co. KG
- Cole-Parmer Instrument Company, LLC
- Cantel Medical Corp.
- Filtrox AG
- Saint-Gobain Performance Plastics
- Membrane Solutions
For more information about this report visit https://www.researchandmarkets.com/r/vfv1gl
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