According to the latest report by IMARC Group, titled “Pharmaceutical Filtration Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global pharmaceutical filtration market reached a value of US$ 9.05 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.7 Billion by 2027, exhibiting a CAGR of 22.2% during 2022-2027.
Pharmaceutical filtration stands for the process of separating solid particulate matter from fluids and gases utilizing a porous medium. It is performed using various methods depending on the application and chemical solution. Pharmaceutical filtration is widely used in the separation, concentration, and purification of specific macromolecules and the production of vaccines, plasma, and serums.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Pharmaceutical Filtration Market Trends:
The accelerating demand for generic medicines and the rising prevalence of chronic diseases are currently driving the pharmaceutical filtration market. Moreover, the introduction of stringent government regulations for quality control of drugs is further augmenting the market growth. Apart from this, the growing number of drug launches is encouraging the adoption of pharmaceutical filtration methods to eradicate potential pathogens during the manufacturing processes, thereby propelling the product demand.
Additionally, numerous technological advancements in the production of large molecules and biologics are also bolstering market growth. Besides this, the escalating requirement for advanced therapeutic drugs and increasing investments in research and development (R&D) activities are acting as significant growth-inducing factors. In the coming years, the elevating number of collaborations, partnerships, and merger and acquisitions (M&A) activities is expected to fuel the pharmaceutical filtration market.
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Global Pharmaceutical Filtration Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Player:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
3M Company, Amazon Filters Ltd, Danaher Corporation, Eaton Corporation plc, General Electric Company, Graver Technologies LLC, Meissner Filtration Products Inc, Merck KGaA, Parker Hannifin Corporation and Sartorius AG.
Breakup by Product:
- Membrane Filters
- MCE Membrane Filters
- Coated Cellulose Acetate Membrane Filters
- PTFE Membrane Filters
- Nylon Membrane Filters
- PVDF Membrane Filters
- Prefilters and Depth Media
- Glass Fiber Filters
- PTFE Fiber Filters
- Single-use Systems
- Cartridges and Capsules
- Filter Holders
- Filtration Accessories
Breakup by Technique:
- Crossflow Filtration
Breakup by Application:
- Final Product Processing
- Active Pharmaceutical Ingredient Filtration
- Sterile Filtration
- Protein Purification
- Vaccines and Antibody Processing
- Formulation and Filling Solutions
- Viral Clearance
- Raw Material Filtration
- Media Buffer
- Bioburden Testing
- Cell Separation
- Water Purification
- Air Purification
Breakup by Scale of Operation:
- Manufacturing Scale
- Research and Development Scale
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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