September 02, 2020
According to the research report titled ‘Global Syringe Filter Market Size study, By product (Membrane, Capsules Filters, Cartridge Filters, Syringe Filters, Bottle-top & Table-top Filtration Systems, Accessories) By end user (Pharmaceutical Companies, Biopharmaceutical Companies, Food & Beverage Companies, Academics Institutes & Research Laboratories, CMOs & CROs) by application (Fill-finish Processes, Bioburden Reduction, Buffer Filtration & Cell Culture Media, Preparation, Water Purification, Air Filtration) By membrane type (PES, PVDF, Nylon, PFTE, MCE & CA, Other Materials) By membrane pore size (0.1 I 1/4 m, 0.2a??022 I 1/4 m, 0.45 I 1/4 m) and Regional Forecasts 2020-2027‘, available with Market Study Report, global syringe filter market was valued at USD 4.7 billion in 2019 and is projected to grow with a CAGR of 8% over 2020-2027.
Growing prevalence of diseases like neurological disorders, cardiovascular ailments, and cancer along with rising patient awareness and increase in research & development initiatives are the driving factors for the growth of global syringe filter market.
Notably, syringe filter works with lock fitting used to fit the syringe securely. The use of needle is optional and can be fitted during use. The syringe filter is a plastic wrapped in a membrane-like substance which acts as a filter.
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Although, presence of bactericidal and fungal spores in semipermeable membrane of syringe filters is the major restraining factor for the market growth. Despite that, fluctuations in price and improved technology are creating ample opportunities for global syringe filter market during the forecast period.
Based on product spectrum, global syringe filter industry is segmented into capsules filters, membrane, bottle-top & table-top filtration systems, accessories, cartridge filters, and syringe filters. With regards to end-user terrain, the industry is divided into CMOs & CROs, food & beverage companies, biopharmaceutical companies, pharmaceutical companies, and academics institutes & research laboratories.
Based on application spectrum, the market is segmented into water purification, buffer filtration & cell culture media prep, fill-finish processes, bioburden reduction and air filtration. As per membrane type, the industry is segmented into PES, PFTE, PVDF, MCE & CA, Nylon, and others.
Going by regional overview, North America syringe filter market held the largest revenue share in the recent past, owing to rise in drug purification agencies along with high demand for HPLC systems in biotechnology and pharmaceutical industries.
Meanwhile, Asia Pacific market is likely to witness robust growth rate during 2020-2027, owing to evolving consumer lifestyle, improved patient awareness, and increase in per capita income. Moreover, enhancements in healthcare infrastructure in emerging nations like China and India through the growth of several pharmaceutical & biotechnological research units will also contributes to the market growth in APAC.