July 22, 2022
According to the recent research report titled ‘Global Pharmaceutical Filtration Market Size study, By Product (Membrane Filters, Prefilters and Depth Media Filters, Single-use Systems, Cartridge & Capsule Filters, Filter Holders, Filtration Accessories, Other Products), By Technique (Microfiltration, Ultrafiltration, Nanofiltration, Other techniques), By Application (Final Product Processing, Raw Material Filtration, Cell Separation, Water Purification, Air Purification), By Scale of Operation (Manufacturing Scale, Pilot Scale, R&D Scale), and Regional Forecasts 2022-2028’ available with MarketStudyReport global pharmaceutical filtration market valued USD 22.72 billion in 2021 and is expected to record a compound annual growth rate of 10.6% during the study period, eventually reaching USD 45.66 billion by 2028.
The primary factors driving the global pharmaceutical filtration market are the thriving growth of the biopharmaceutical sector, rising generic drug production, availability of a strong biologics product pipeline, rapid advancements in nanofiber technology, growing usage of single-use technologies, and rising incidences of airborne diseases.
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Pharmaceutical filtration is a separation method that isolates undesirable components from processed materials by allowing them to pass through a filtration membrane. This filtration technique helps to remove unwanted components from a solution.
This single perforated layer, which is frequently employed in applications including raw material filtration, cell separation, final product processing, air purification, and water purification, is used in pharmaceutical filtration.
However, high costs associated with the adoption of membrane filters and stringent regulatory framework for validation of the filtration process are likely to impede the growth of the overall market over the period of 2022-2028.
Worldwide pharmaceutical filtration marketplace is segmented into product type, technique type, application model, scale of operation, and regional terrain. By product type the market is divided into membrane filters, single-use systems, cartridge & capsule filters, prefilters, and depth media filters, filtration accessories, filter holders, and other products.
In terms of technique type, this marketplace is split into microfiltration, nanofiltration, ultrafiltration, and other techniques. By application model, the market is divided into final product processing, cell separation, water purification, raw material filtration, and air purification.
Based on scale of production, the business space is segregated into manufacturing scale, R&D scale, and pilot scale.
The regional terrain of global pharmaceutical filtration marketplace spans Europe, Asia Pacific, North America, Latin America, and the rest of the world. Asia-Pacific market is predicted to register continuous growth during the forecast timeline, due to rising incidence of airborne diseases, and the increasing production of generics.
Merck KGaA, Eaton Corporation Plc, GE Healthcare Company, Meissner Filtration Products Inc., Graver Technologies LLC, Pall Corporation, Amazon Filters Ltd., Sartorius Stedim Biotech S.A., Parker Hannifin Corporation, and 3M Company are some of the major industry players leading the competitive arena of global pharmaceutical filtration market space.